Germany was doing better and manufacturing better products than the USA, leveraging on cheaper Soviet/Russian energy since 1955, and had to be reined in, thus making Germany behave like a leashed dog. The French were also doing fine, but in certain sectors were overwhelming the USA. We all remember the Alstom fiasco and the USA coming down hard on Alstom to curtail its innovation.
Japan was and is another doggie being restrained by the USA, using all kinds of vile tactics to keep Japan down and out. Toshiba was making stuff that were way better and ahead of the USA companies and was prevented from further innovation after being punished by the USA for being better. Of course, fabricating an excuse to do it was necessary and always the modus operandi of the USA.
Huawei is another company that was too competitive and innovative, and the USA and the West tried to kill it. It did not succeed because China made sure that Huawei will keep holding the Chinese flag high. Today, Huawei is stronger than before, now even making top end luxury electric vehicles like the Maextro S800 Ultra luxury sedan, that is making other luxury Western car makers sit up. Xiaomi is already quite well known for its SU7 Ultra model electric car as well and the West could not imagine Chinese phone makers making cars that are now entering the global car market, making even luxury car makers in USA and Europe nervous, just like luxury bag sellers of the West, and giving them lose sleep.
Anonymous
Dumb hillbillies are blowing out candles all over the world, but their own candle is dying out.
ReplyDeleteThe USA gloated that it does not need Canada. Now, the shoe is on the other foot, with the USA begging Canada for more energy supply, with darkness and cold spells in its northern states evolving. For those northern USA states, the candle has been blown out. Vegas is also suffering with visitors avoiding the USA. Why risk being accosted by Trump's ICE goons when the world is so wide and destinations begging without the risk.
As I said earlier, Canada is in the crosshairs of Trump, now threatening to impose a 100% tariff on Canada if the trade agreements between China and Canada is formalized and expanded. Why is Trump doing that, since the USA boasted that it does not need Canada? Am I missing something? And will Carney lose his marbles in the face of those threats? Left to be seen.
Trump appears adamant in making Canada as the 51st state of the USA. The Canadians have much on their hands now and only cutting off all trade with the USA will solve their problem. No exports to the USA mean that even a 1000% tariff achieves nothing.
And that makes me want to talk about Finnish PM, Petteri Orpo, leading a large delegation to visit Beijing, from 25 to 28 January, not to exchange T-shirts definitely, but to talk business and opening up alternatives. Finnish leaders had perhaps an inkling of what is in store for them with Trump mentioning Finland in the same breath as Greenland, possibly looking to add Finland as the 52nd state to the USA. I just wonder what will need to be fabricated and hyped up by the USA inventors to warrant an impending attack on Finland. Can someone help me with a guess? If Finland gets a good deal from China, I can guess myself that a 100% tariff will be on the cards. Want to bet?