This could potentially lead to Huawei’s destruction,” said Scott Kennedy, a China expert at the Center for Strategic and International Studies. “You can’t underestimate the significance. It’s their most important company and threatening it in this way will generate a massive public response as well as from the Chinese government. The bilateral trade talks were on thin ice and this could derail them entirely.”…Maybe time to consider firms in your portfolio whose earnings are heavily dependent on either investment in China or selling into the Chinese market? Just sayin'.
Bloomberg
Trump’s Huawei Threat Is the Nuclear Option to Halt China’s Rise
Scratch that "maybe"? If I were Tim Cook, I'd be panicking about now.
Zero Hedge
Tyler Durden
In a series of editorials and op-ed articles published Monday and Tuesday, Chinese state media slammed what it labeled the Trump administration's "greed and arrogance", called for a "people's war" targeting the US "with precision" as China begins a "fight for a new world.""The shit's on," as they say in the military.
Zero Hedge
Tyler Durden
In the two years since US President Donald Trump abandoned the Trans-Pacific Partnership, Japan and the other TPP signatories have forged ahead with new trade deals. As a result, US exporters are increasingly feeling the pinch –
Project Syndicate
Is America Tired of Losing Yet?
Anne O. Krueger
Related
I was at a dinner in Washington last evening. Attending this was someone who teaches at the National Defense University who reported on what I consider a disturbing development there. Apparently this commonplace of having critical thinking being a goal of higher ed was in place officially at the NDU. However, after "Mad Dog" Mattis resigned, the Chair of the Joint Chiefs replaced the Commandant of the NDU. The new Commandant has made a big deal of getting rid of this goal and replacing it with an emphasis on training for "war execution."
Econospeak
J. Barkley Rosser | Professor of Economics and Business Administration James Madison University
1 comment:
Rosser: So our military is now to be trained just to fight wars, but without doing any thinking about it.
I'm just so glad we're no longer on a gold standard where the unleashed military might have to face the voters in order to obtain funding in real time. Due to our wonderful Modern Money system, our unleashed military is no longer revenue constrained! And the voters won't know what hit them or where society's wealth has gone!
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