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The market is also incredibly shortsighted most of the time. Trump being obnoxious and overall just bad - depending on your perspective - and Trump being right
by jm4 6y ago
The market is also incredibly shortsighted most of the time. Trump being obnoxious and overall just bad - depending on your perspective - and Trump being right to want to do something about China are not mutually exclusive. It was a growing problem that needed to be addressed. I hope the president for the next 4 years and beyond handles it well.
- ianai 6y agoHow does a country of 300 million go up against a country of 1.4 billion in any way based on per capita aggregates? Previous administrations saw the “baby” elephant for what it was and decided to introduce it to the world on US terms instead of Chinese terms. That’s basically what Kissinger says Mao communicated to him when they met-that China would surpass the US someday and they were planning for it centuries out if needed. There is a silver lining though. The US land is more fertile and has greater resources than China. It’s also got a more diverse system across the board - and the world stage typically prefers the US to China (at least before Trump). You tell me how the US positions itself any better than what it did and now seeks to undo.