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Why would anyone want to be “independent” from anyone else?

(Rhetorical dude. I can see many reasons! Like their body odour. They’re just not feasible in-the-macro when in a world where no one has a Star Trek replicator and the electricity to run it by themselves.)

The world is happier and safer when we trade fairly. But I can certainly understand european desires to decouple from MAGA madness. But that's nothing to do with ordinary commercial trade.

11:30 min in 👇🏼it might be easier than the EU’ers think. Aren't the Danes already offering serious sweetheart deals for US professionals? “Come and work here, we will guarantee relative peace, happiness and a pension, etc.” The key though is that the Chinese factory workers seem "content" to be the world's slaves ... for now. They're the Golden Geese. If the europeans pass up this moment for transition to better trade with China they'll regret it later, should the USA go full fash. But I do not see the USA going full fash, they've got too many nice ordinary people, who just do not yet have a voice and a proper vote (the one in Congress to abolish the Senate and Wall St/S.V./MIC/UN S.C. privileges, etc.).

The Chinese, for their part, utterly fail to realize they are grossly over-producing. As stated, they're the world's factory slaves (plus the foreign workers they employ in off-shore factories). They can easily cut back on exports, increase imports, without the renminbi deteriorating, just by increasing domestic consumption (hence worker incomes) by a few percent. They'd have an even more higher upwards adjustment in standard of living, which is insane to think about given how advanced they've already become, plus the fiscal space to transition towards clean energy (whatever that means).

Feb 14
at
1:27 AM
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