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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: THE ANT who wrote (143533)9/28/2018 9:50:58 PM
From: TobagoJack  Respond to of 217830
 
Re <<I once read that the great depression effected great Britain much less than the USA as it had the reserve currency and had outsourced much of its industrial production.Britain’s industrial production fell only a third as much as that of the USA. I cannot find that article now but as I remember it stated that the US was now in Great Britain’s prior roll and China in the US’s prior roll. My guess is that the US has a much stronger hand in any trade battle with China than vice versa.Any thoughts?>>

unclear to me that the issue is about the immediate strong vs weak hands

(1) truths:

(1-i) at some juncture, china, a continental economy, re-engaging w/ the world after several hundred years of essential absence, must seek own way, not to conquer, not so much to lead, just to seek willing counter-parties as a by-the-way to do anything folks freely choose to do, to study, learn, trade, apply, whatever

(1-ii) at some juncture(s), other continental economies must re-invent, stayed engaged, or beg off, each to own deemed best

(1-iii) too funny should any of the continentals champion "do not do this with that, but do it my way w/ me, or i sanction, compel, regime-change, or whatever to hiccup", and doubtful such stratagem, either unreasonable and/or desperate, would prove efficacious. but time shall tell.

(2) fact: some of the junctures are coming up

(3) questions:

(3-i) what is good for which, when and why

(3-ii) can intellectual lite-weights amount to anything at all

(4) answer: we best watch before reaching conclusion ahead of actual conclusions. we do not know, because we have never been here. and if any of us believe history does not matter, we might also choose to rank folks by their olive-ness and defer to superior know-it-alls

(5) am content to watch & brief

(6) w/r to <<My guess is that the US has a much stronger hand in any trade battle with China than vice versa. Any thoughts?>>

short answer is "no", because it may all have something to do w/ cycles, and by the performance on TV this past week of 'national management' (i know, i know, i actually champion free market, but time horizon also matter and the state is an economic actor that must be accounted for), and given that 1 year now arguably equals 10 years in the 1970s, some domains are wasting material amount of precious time, devoting bandwidth to memory recall per history-matters-alot