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.
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Thursday, May 28, 2020
Washington Post Tells Readers About Trump’s “Existential” Threat to China — Dean Baker
Shooting from the hip and hitting oneself in the foot?
Beat the Press
Washington Post Tells Readers About Trump’s “Existential” Threat to China
Dean Baker | Co-director of the Center for Economic and Policy Research in Washington, D.C.
Also
Project Syndicate
Cooperate with China or Suffer
Andrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong and a member of the UNEP Advisory Council on Sustainable Finance, and a former chairman of the Hong Kong Securities and Futures Commission; and Xiao Geng, President of the Hong Kong Institution for International Finance, and a professor and Director of the Research Institute of Maritime Silk-Road at Peking University HSBC Business School
Soft Power....
ReplyDeletehttps://en.wikipedia.org/wiki/Soft_power
"In politics (and particularly in international politics), soft power is the ability to attract and co-opt,"
Soft Power is still power...
Previous US order wants to maintain the Soft Power policy... keep China USD zombies...
Not ideal ... for China...
Trump wants diplomacy
https://en.wikipedia.org/wiki/Diplomacy
"Diplomacy is the art and practice of conducting negotiations between representatives of states."
Trump wants to treat China as a nation of equals... not a bunch of western wannabe rubes...