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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ks55
4,221 posts
Posted by ks55 > 2020-04-06 16:12 | Report Abuse
#### In the longer term, the larger question is how this changes not only the United States but also the globalized trading system—and the international community itself. For U.S. President Donald Trump and key advisors such as Peter Navarro, his chief trade negotiator, the crisis is also an opportunity to shut down globalization, especially by “decoupling” from China, which has been their apparent goal ever since this frankly protectionist president took office. “If we learn anything from this crisis, it should be never again, never again should we have to depend on the rest of the world for our essential medicines and countermeasures,” Navarro told the White House briefing on Thursday. “And if there’s any vindication, it’s the president’s Buy American, secure borders, and a strong manufacturing base philosophy, strategy, and belief.”#####
Yes. Fully agreed.
Either China or US must take the initiative for both economy to de-coupling.
China will be safe from banana USD because of unlimited QE.
Donald Duck can make America 'Great Again' by manufacture everything from toilet paper, to surgical mask, to bolt and nut.