An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Monday, October 8, 2012
Congressional Probe Says Huawei Poses National-Security Threat to the U.S.
Story out at Yahoo this morning reporting on a national security intelligence investigation into whether the domestic use of equipment and services provided by two Chinese telecommunications companies poses a U.S. national security threat.
Ya think?
This is more evidence that our U.S. warrior class continues to grow in concern or is becoming increasingly skeptical of our U.S. acquisitor class zealous pursuit of mercantilist policies with China. Perhaps here to a point that seems to completely disregard U.S. national security.
Of course there seems to be no concern on either side of this debate on how these deranged, greed infested and unbalanced mercantilist policies result in demand leakage in the U.S. economy, leaving our U.S. labor class without employment opportunities, and U.S. economic policy without at least some fiscal adjustment in direct response to these perpetual destructive trade imbalances to foster higher domestic economic utilization and employment.
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