Economists: US-CHINA trade deal is a scam

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Kamran
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Economists: US-CHINA trade deal is a scam

Post by Kamran » Mon May 21, 2018 6:49 pm

Or to put it more politely, a " face saving measure" and " lose-lose scenario".

https://www.cnbc.com/amp/2018/05/21/us- ... omist.html

Apparently Economists agree that US would have been better pursuing IP protection rather than specific dollar trade amounts since there is just not a high demand for US goods in China.
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DooDoot
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Re: Economists: US-CHINA trade deal is a scam

Post by DooDoot » Mon May 21, 2018 8:38 pm

US economic dominance has historically often been maintained by mafia thuggery; such as the elite US families involved in the Opium Wars; a trade that has continued to US control of Afghan opium today. Most, maybe all, of the regime change activities, were for economic agendas, such as 1953 Iranian coup d'état, 1954 Guatemalan coup d'état; 1973 Chilean coup d'état; or the establishment of the Petrodollar (devised by Kissinger, Sonnenfeldt, Parsky, Simon, etc) that resulted from a crisis where the US refused to return French owned gold. There are the conspiracy theories the Iraq & Libya regime change were influenced by the threats of those countries to stop using the Petrodollar. Trump's thuggish behaviour towards China is not exactly subtle or covert. Its not "the art of the deal" but the art of threat. Often, Trump says if other countries follow his wishes he will provide (mafia style) "protection".
Circle5 wrote:
Thu May 17, 2018 3:07 am
:popcorn:

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retrofuturist
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Re: Economists: US-CHINA trade deal is a scam

Post by retrofuturist » Mon May 21, 2018 10:16 pm

Greetings DooDoot,

Most of your post is off-topic. Not every topic is to be used as a dumping ground for your anusayā.

That part which does address the U.S. and China is based on what exactly? What is true (even though CNN reported it) is that Trump is the first "foreign leader to have an official dinner in the [Imperial] palace since the founding of the People's Republic in 1949." It's a rare honour, unlikely to be bestowed upon someone who is doing what you infer Trump is doing.

Metta,
Paul. :)
"Do not force others, including children, by any means whatsoever, to adopt your views, whether by authority, threat, money, propaganda, or even education." - Ven. Thich Nhat Hanh

"The uprooting of identity is seen by the noble ones as pleasurable; but this contradicts what the whole world sees." (Snp 3.12)

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Re: Economists: US-CHINA trade deal is a scam

Post by DooDoot » Mon May 21, 2018 11:29 pm

retrofuturist wrote:
Mon May 21, 2018 10:16 pm
Most of your post is off-topic. Not every topic is to be used as a dumping ground for your anusayā.
Sila-anusaya (although anusaya are regarded by most scholars to fall into the unwholesome). :)
retrofuturist wrote:
Mon May 21, 2018 10:16 pm
That part which does address the U.S. and China is based on what exactly?
Based on principles of free-enterprise rather than coercion. The Pali suttas do not criticize showing a flair for business enterprise but I do not recall the Pali suttas support bullying. Dhamma teaches kamma rather than entitlement. If Trump wants to make America great again, it should be done with sound economic policy (rather than with lies threats, war, trade sanctions, unsustainable tax cuts, etc). I think if Trump & his Goldman Sach advisors understood economics & Buddhist morality, they would not have made their personal billions from predatory lending, gambling, rental ghettos, beauty contests (porn), etc.
retrofuturist wrote:
Mon May 21, 2018 10:16 pm
What is true (even though CNN reported it) is that Trump is the first "foreign leader to have an official dinner in the [Imperial] palace since the founding of the People's Republic in 1949." It's a rare honour, unlikely to be bestowed upon someone who is doing what you infer Trump is doing.
Rare-honour-Imperial-Palace-kusala-bodhipakkhiyā-dhammā. Sounds like a story from the suttas. :)
Knowing the Blessed One's consent... they had choice food, hard and soft, prepared. And when it was time, they announced to the Blessed One: "It is time, Venerable Gotama; the meal is ready."
I had three palaces: one for the cold season, one for the hot season, one for the rainy season. During the four months of the rainy season I was entertained in the rainy-season palace by female musicians without a single man among them
Good sir Moggallana, it once happened that war broke our between the gods and the titans. In that war the gods won and the titans were defeated. When I had won that war and returned from it as a conqueror, I had the Vejayanta Palace Built. Good sir Moggallana, the Vejayanta Palace has a hundred towers, and each tower has seven hundred upper chambers, and each tower has seven nymphs and each nymph has seven maids. Would you like to see the loveliness of the Vejayanta Palace, good sir Moggallana?"

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