Spengler writes in the Asia Times Online, “Rather than a tariff war, the world will face a disruption of the global supply chain, major dislocations in high-technology trade, shocks to pricing, and a return to national autarky in a number of economic policies. The result will be ugly in economic terms, and it will raise strategic tensions everywhere in the world. Hard to imagine an American policy initiative stupider than its attempt to export democracy to Iraq, this will go down as the dumbest thing America ever did.”
“Trump recognizes how unfairly our “partners” are treating us. He also exposed how insincere our trading partners were when they so readily declined his deal of true free trade. What’s more, he’s reinvigorating the image of the American president as a figure who commands–and deserves–the respect of foreign leaders, friend and foe alike.”
“One thing is clear: The White House is looking for a soft landing to its hard stances on trade with China. Perhaps China has already won this round of the trade war. But, if the White House holds strong, it just might exact the concessions it needs from China without sacrificing American national security.”
“China’s ultimate goal is to link the capital-rich region of Northern Europe–specifically Germany–with its exports. But, the immediate concern is for China to solidify his vice-grip on the Mediterranean-Adriatic-Gulf trading zone, say analysts at the Washington, D.C.-based Institute for China-American Studies.”
“The Tumen River Region is a critical factor in all Chinese designs for dealing with North Korea. And, now that North Korea is aiming to play all three great powers: the United States, China, and Russia off each other, expect Pyongyang to use the Tumen River Region in a bid to force both Beijing and Moscow to hew closer to its geopolitical desires.”
“All in all, President Trump was completely correct to call out Germany. At the same time that Angela Merkel “leads” the “free world” in a rhetorical crusade against Russia for “hacking” elections everywhere (read, giving that hooligan Donald Trump the Oval Office–which, by the way, Putin did not do that), her government and country sidles up even closer to Moscow. If they can do business with and have peaceful relations with Russia, why can’t we (and the rest of the world)? At the same time that Frau Merkel insists on bashing America’s “weak” response to Russia, it is the United States, Great Britain, and the Baltic states that disproportionately fund NATO. Even as Merkel insists upon greater, more open trade, her government engages in the exact same kind of anti-free trade actions that Trump espouses.”
In this lecture, geopolitical analyst, Brandon J. Weichert, details how the increases in volatility in the global energy market (thanks to greater tensions with Iran) will disproportionately benefit the Russian Federation, which is almost entirely dependent on the price of fossil fuels being high, in order to make Russia strong.
Eric Khzmalyan, a Eurasian geopolitical expert, offers his outlook on the future of China’s One Belt, One Road economic policy and its geopolitical underpinnings
In this video I analyze how Western sanctions have drastically diminished the vital trade linkages between the European Union and Russia
In this Election Night Podcast, I proffer calming words and soothing advice for those audience members who are involved in investing or those who are members of foreign governments, caught totally unawares by Trump’s apparent victory (you wouldn’t have been surprised, had you listened to The Weichert Report more carefully). Anyway, needless to say, there will be great opportunity in the days ahead. Please listen and share!