Trading wars impact

Now that Kim has come and gone what do we get again?

Soviet Union in the 80s were on the verge of economic collapse. China today is about to overtake US in GDP. Not sure it’s Apple to Apple comparison.

My point being, united states has a lot of friends. Keep saying IQ on everything, as if the world is being dominated by chinese because of this. There’s more to world politics than iq :slight_smile:

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Some people think that it may be too fast. One of the consequence is air pollution. Another is many quacks and unscrupulous businessmen… quality and reputation of Chinese products suffer.

Does not matter. Those are just side effects. Look at the big picture.

When it comes to generating wealth, only 2 things are important: IQ and capitalism.

Chinese govt aspires to dominate the world just like it dominates it’s own citizens i.e. like a BIG BAD bully.

Their politicians do not know of any other way because that’s the way they’ve been trained in due their local system.

Anyway I feel that US markets have been too sanguine about trade war risks. Maybe most people either think

A) trump is just bluffing. He won’t really start a trade war; or

B) US will come out a winner anyway. No worries.

I don’t think the risks have been fully priced in. Like I said the two sides aren’t even having high level talks. And Mnuchin has been dead quiet. The reasonable voices may already have been sidelined and the crazies are running the show.

Yes, China aspires to go back to what it was before the rise of the West, when it has always been the center of the universe.

Actually the US today is much bigger bully than china will ever be.

Social experiment is expensive and can be disasterous. It needs centuries of milllions of a diverse IQ system to figure out with blood and sweat.

owkay

wonderful… be a little humble stick to milky way? :slight_smile:

US propped up countless blood thirsty dictators during the Cold War. We were talking about Korea and US had a heavy hand in S Korea too, directly involved in many bloody suppressing of local unrests.

And why did we invade Iraq again?

To get a more balanced view I think one must have some exposure to foreign media. American media are mostly cheerleaders thinking we can impose our “universal value” on everybody else, by force if necessary.

I’m aware of all that. Let’s not presuppose I don’t read anything except American media. If you look back at my posts, I’m not really a supporter of Trump :).

I want to read free media(arguments on all sides) that’s the bottomline & that unfortunately does not come from China(i.e Chinese govt).

Anyways, I’ll lose whatever minuscule popularity on this forum I have if I argue on this topic , so I’ll stop here. :slight_smile:

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yawn.

When I travel to Europe I find they want to force their world view on me more than vice versa. The world media is obsessed with Trumpism and America.
Most Americans are unaware of what other countries are doing and thinking.
I was in Mexico the day Trump was elected. They all wanted my opinion. I said nothing.

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No need to hold back anything. SPEAK UP.

Many people in East Asia are interested in westernization. China, Japan and Korea are interested in becoming more like US and Europe. Some elitists in east Asia want to import universal value from the west.

South Asia is not so interested. India has been a British colony for many years but Indians are interested in presenting their own culture and not westernized.

Maybe colonization makes people more interested in their own culture.

China could hit back at U.S. firms listed on the Dow Jones Industrial Average if U.S. President Donald Trump keeps exacerbating tensions with China over trade, state-controlled Chinese tabloid The Global Times said on Thursday.

“If Trump continues to escalate trade tensions with China, we cannot rule out the possibility that China will strike back by adopting a hard-line approach targeting Dow Jones index giants,” the Global Times said in a commentary.

Watch out Apple shareholders.

Buy when fear is rampant.

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