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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 422.21+1.9%4:00 PM EST

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To: TobagoJack who wrote (178775)9/22/2021 10:06:35 AM
From: ggersh1 Recommendation

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marcher

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Under category of "you can't make this shit up"

The US was willing to bruise France to sign Aukus for the same reason it was willing to upset much of Europe to leave Afghanistan. The priority is China. It is impossible for the EU to match and perhaps even to understand the all-consuming nature of this fixation. It is not defending a position as the world’s number one power. It does not — with respect to French Polynesia — have a Pacific coast. It has neither a reflex aversion to “communism”, nor mental scars from “losing” China to that creed in 1949.

Wall Street, it is true, has softened of late: there is too much Chinese wealth that needs deft management for a fee. But Washington itself is an even more bellicose place than when the superpowers exchanged tariffs in 2018. How quaint a mere trade war seems now.
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