Defund the Globalist

This is wacky: the Socialist Republic of Vietnam has a trade surplus with the U.S. and a trade deficit with China, yet insists on defense and free trade with the US. They export VinFast cars (sold 200) with subsidies and free IP, but if you want to buy a U.S.-manufactured car in Asia, you’re looking at a 200% tariff. All so the cronies and liberals can play their maintain draconian rule, DEI, climate, and networking games?

This is the story of global trade.

With people ideologically - fundamentally different.

China will inevitably catch up to the U.S. in absolute GDP. But its creativity may never match America's, because its culture does not permit a free exchange and contest of ideas. How else to explain how a country with four times as many people as America-and presumably four times as many talented people-does not come up with technological breakthroughs?Can the Chinese break free from their own culture? It will require going against the grain of 5,000 years of Chinese history.

Lee Kuan Yew

In many ways, the latest perspectives on Taiwan are correct. Did you really create a multinational value chain that poses a security and economic risk to yourself? Was that even necessary? Absolutely not.

With AI and automation, the era of outsourcing to Asian sweatshops comes to an end—along with the deficit. It starts today.

Children there learn Chinese first. Then they learn English.They might go to the U.S. as a teenager and become fluent, but they have 4,000 years of Chinese epigrams in their head.'

Lee Kuan Yew

Their markets are not the same - maybe a trade.