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If this trade war was brought to you by BHO, we would have columns from the esteemed press that finally some one with courage. Since it is DJT, this is a horri
by sremani 8y ago
If this trade war was brought to you by BHO, we would have columns from the esteemed press that finally some one with courage.
Since it is DJT, this is a horrible idea. Some times, its impossible to separate the message from messenger, even for the bright minds of HN.
US has got China by the balls 130 - 505 billion difference in trade, makes it so much important for the over-leveraged Chinese companies to have access to a market that is about quarter of world GDP.
Whether you like DJT or not, US has massive leverage against China. We have already entered into the era of US being a transactional rather than systemic, which is good for some not so good for some.
- deleted 8y ago[deleted]
- seanmcdirmid 8y agoBHO would never have done it. The USA makes too much money on trade with China given the way the deficit is calculated. For example, an iPhone made in China is only assembled there. All the IP is American, an American company realizes almost all the profit. This trade war is going to cripple us because we make so much money on even the deficit, even with the IP theft. BHO wasn’t stupid, DJT sees an opportunity in simplistic messaging that gets his based riled up. What is weird is that we are at the peak of an economic cycle, it’s not like unemployment numbers could go any lower, and the jobs he is after with this trade war are all low value.
- nihonde 8y agoNot only are your tone and diction off-key, but your framing of this as a two-party domestic issue belies your myopic view of the world. My experience is that Americans grossly overestimate their advantage versus Asia, and are generally blind to the cues that several of the top economies in the world are laying the groundwork to free themselves from America’s increasingly confusing and belligerent influence. When the opportunity presents itself, the myopic West will have to admit that they missed clear signals like Japan’s decision to pursue TPP without the USA, and the warming of Sino-Japanese relations, including overtures by China to flip TPP to an “Asia First” bloc, and China’s inevitable domination of innovation and so-called intellectual property (a fundamentally flawed premise) in the coming decades. Not to mention the roles of Russia, India, Indonesia, Vietnam, etc. in the New New World Order. China is openly talking about colonizing Africa and Eastern Europe. It’s all there in the news, if you choose to pay attention. The world is lining up for America’s Julius Ceasar moment.
- sremani 8y agoI will give you list of sources I pay attention to, not because of your hollow diatribe but since you can really use some education. If you are willing to "pay" for subscriptions 1. Stratfor 2. Geopolitical Futures If you are not willing to pay, 1. realclearworld (do not read posts there from traditional news papers and foriegnpolicy.com which is consistently wrong) 2. Caspian Report (on Youtube) There you go. For my off-key tone and diction, I know a thing or two about the world, especially since I carried an Indian passport before I swapped it for American.
- nihonde 8y agoYou are certainly uniquely qualified as a jingoist! Since only time will prove me right, I’ll wait. And meanwhile, I’ll continue to put my money where my mouth is. Since we’re all ultimately on the same team, I hope you and your collaborators find a way to allow everyone to win.