on paper, i suppose one can start w/ the assumption that all players are morons, or on another piece of paper it may just be possible that,
- companies investing in usa plants shall lose money, or go robotic, and either way lose markets, and market shares
- i.e. huawei will (continue to) gain against apple and cisco and and and, and
- either way, and any which way, only a question of speed / acceleration
- japan? no longer in the running
- some of the the trillion abroad will be enticed homeward for sure, distributed to (all) shareholders mostly, and whether directly or indirectly sucked into a carbon-era infrastructure spend, after which ... a guess, 2018 - 2026 teotwawki followed by d.k. with little to show for
- the issue is as was, unfundable and off-book obligations, perpetual welfare / warfare protocol, and 4-years election cycles that together make mince meat of overarching planning
- china obor trumps trumpolomacy
- unless usa imports even more value-add from china and engage w/ the returning sovereign
watch and brief
in the mean time the bullish macro outlook suits preparations for teotwawki / d.k. |
