Killing the Golden Goose: Beyond Bed and Bath, Businesses are Shunning California
Other high-profile companies that have relocated include Tesla, McKesson, Charles Schwab, CBRE, Hewlett Packard Enterprise, Palantir, AECOM, FICO, SpaceX, and Oracle.
Other high-profile companies that have relocated include Tesla, McKesson, Charles Schwab, CBRE, Hewlett Packard Enterprise, Palantir, AECOM, FICO, SpaceX, and Oracle.
The enormous trade deficits that the U.S. has accumulated over decades, together with its monstrous national debt of $37 trillion, mean that it needs the rest of the world to maintain its essentially parasitic position. The leadership of the BRICS is showing that U.S. power has become increasingly redundant
Unexplained power and cellphone outages reported across Russia could signal we are entering a new phase of the war
As one Chinese observer recently put it: “The most dangerous time for China is when the decline of the U.S. reaches terminal velocity & parasitic Western/Zionist billionaires look for a new host”.
In contrast, (to the US model) the Chinese government prioritizes productivity and growth over financial engineering, asset stripping or profiteering. They see the financial system as a means to an end, and that end is the creation of a prosperous and harmonious society in which “all boats rise.”
One of the oddities of the tariffs dust-up, was the fact that the Trump team never anticipated China’s retaliatory response. It’s actually amazing. The administration lives in such an information bubble that they thought China would cave in after their comical “Liberation Day” announcement. What were they thinking?
The days when the United States could beat China in a trade war are over, and the sooner we get used to it, the better. Mike Whitney explains
Mike Whitney on how Trump’s tariffs amount to a slow motion train wreck that will severely damage the U.S. economy
Key posts in the Trump administration are now held by hardliners, neocons or warhawks. One such is Elbridge Colby, who is laser-focused on containing China and preventing it from becoming the dominant power in Asia.
It will be some weeks before it hits home but Trump’s trade war with China has made retail shortages inevitable. The extent and duration of the shortages depends on a number of factors. Mike Adams sketches out the likely possible results
Trump has effectively declared a trade embargo against China, the world’s largest buyer of Iranian oil. The question is will Iran retaliate by closing the Straits of Hormuz? If that happens we can expect an economic Armageddon
It could be argues that Trump is thinking along the same lines as Hitler, trying to make the US more self-sufficient in the event of a military confrontation with China. That might explain why he is patching up relations with Putin (so he can shift his attention to China)