A Canadian professor looks at the effects of these old ills on Canada, a 21st century nation. It is not pretty.
Trump's tariffs threatens a trade war. His opponents cite the famous conclusions of David Ricardo about free trade – while forgetting what he said.
Summary: Monday's post looked at how China's Belt and Roads Initiative was spurring growth in the less developed areas of Asia and Africa -- and linking those nations more tightly to China. Here Stratfor looks at how the B&R initiative links to Europe, the end of its new Silk Road. China uses the EU's weakness as an … Continue reading Stratfor explains how China’s Belt and Roads Initiative might reshape Europe
Summary: US borrows trillions to wage war in foreign lands. China helps build other nations' transportation infrastructure to connect them for mutual trade. Which program will work better? Their secret advantage over America is seen in every day's news headlines. This is how great nations rise, reported by the NYT: "Behind China’s $1 Trillion Plan to Shake … Continue reading China builds a new world in which *it* is the great power
Summary: Stratfor looks at trade, one of the great engines of prosperity in the post-WWII world. Amidst all America's whining about the unfairness of trade, many industries rely on the great array of treaties to facilitate free trade -- such as farming. Will Trump's ignorance wreck this, or will this be another of his faux … Continue reading Stratfor: will Trump end free trade in food, & wreck US farmers?