An interesting article from Breitbart News. Sounds ghost-written by Steve Bannon himself! China´s Paramount Leader recently bemoaned the tendency towards increasing nationalism and protectionism around the world. Except, I assume, in China...
Mercantilism only works if the other guys are free traders!
Some of Xi´s rhetoric is priceless. Like this one: "The wheel of history, indeed, will keep rolling forward no matter what."
ReplyDeleteThat´s apparently a reference to globalization. LOL! Are these guys finally losing their grip on things?
Sounds almost like the unstoppable juggernaut in hindu scriptures that crushes evrything in its way. Some socioligist(cant remenber the name) actually meant that this mythical juggernaut is an expression of a profound sociological(even if the subject as such didnt exist then) insight of how various societal forces sooner or later have a synergetic effect that creates the perfect shit storm that tear down all progress made up to that point.
DeleteWill the juggernaut begin its devastating oddesy in China this time?
China better become more nationalist "for real" if it wants to weather the perfect shit storms of the future, that´s for sure!
DeleteNot only Will the other guys have to believe in Free trade för it to work, you must also have be ahead of the other guys in whatever it is you Free trade, otherwise the Trading Will be åt your expence. Not necessarly at the individual traders expence but Always att the expence of the People in the nations that employ Free trade from a submissive position. This is more obvious the greater the economical difference between the Free trading nations are. Want to dump toxic waste in the third world? No problem, just pay them let you dump whatever ypu want
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