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Chinese Stocks Not Amused With Ill-Timed Huawei Tech Bombshell
Suffice to say Chinese shares did not digest the Huawei Technologies news well.
For every nebulous remark from Donald Trump about how bad China "wants to make a deal" and about how he hopes he isn't forced to slap more tariffs on his "very good friend" Xi Jinping, there's an offsetting piece of more concrete news that suggests we're a long way from a negotiated trade settlement between Washington and Beijing.
Last weekend, for instance, Mike Pence torpedoed sentiment with his performance at th
So the US still has allies left and they follow the advice of the current US president ? Another two years of a Trump presidency and there may be no allies left at all. Even if the next president manages to rebuilt some of the chaos currently being created, I am afraid there will be lasting damage. “The elected once an republican idiot, they might well do it again” will last a long time. And who will be laughing then ? You guess it, our Chinese friends.
The United States will have allies on our side of the Moron Curtain: Brazil, The Philippines, Poland, Hungary, a few Central American fellow banana Republics.
Add all those economies together and you wouldn’t get the GDP of even one small Chinese industrial park. I guess you could add Russia (Putin’s private Mafia), North Korea (Rocket Man’s slave colony), and Saudi Arabia (a princes’s private killing field) to the list of allies.
When you call Canada a security threat, it means there are no sane allies left.