The Mudcat Café TM
Thread #167839   Message #4058522
Posted By: Mr Red
10-Jun-20 - 03:49 AM
Thread Name: BS: In Praise of the Turnip
Subject: RE: BS: In Praise of the Turnip
U Toob - Trumps biggest mistake

the last 10 minutes show what was built up over the first hour. Basically while Trump declares trad embargoes on China, China has:
1) effectively bought strategic ports on major trade routes.
2) made deals with countries supplying raw materials China doesn't have that basically leave those countries in sino-hoc, and have to buy China's stuff.
3) has factories in countries that put the final label on virtually finished Chinese goods that qualify them to be "other than from China" and can be imported into the US. (think US cars made in Mexico /US)
4) is building a significant navy, and has troops in the Horn of Africa, ostensibly to tackle piracy (as are others).
5) has dealt with and largely solved the COVID-19 crisis.

But basically a communist country is excelling at the tactics of a capitalist, erstwhile, dominant country. Because of the muddle-headed thinking of a classic Dunning-Kruger case.