Friday, April 12, 2019

JOHN CHUCKMAN COMMENT: SOME OF AMERICA'S NEW HOSTILE APPROACH TO TRADE IS NOT GOOD FOR THE ECONOMY BUT IT MAY UNINTENTIONALLY HELP A MULTI-POLAR WORLD TO EMERGE

John Chuckman


EXPANSION OF COMMENT POSTED TO AN ARTICLE BY TYLER DURDEN IN CHECKPOINT ASIA



“US, EU to Hit Each Other With More Tariffs Over Boeing-Airbus Rivalry

“Bad news for world economy and global commerce. Good news for a multipolar world”



"The sooner the Europeans declare independence from America the better. Truth is, Europeans don’t want it, but with enough pushes like these they might eventually change their mind"



A profound truth that is likely to become one of the new shaping forces in the world.

I think a great deal of the change towards a multi-polar world has already occurred – the remarkable rise of China and India and the re-emergence of Russia from its own great depression after the fall of the USSR - but we are getting to a point where enough of these changes will have accumulated so that something entirely new emerges, a kind of world revolution in politics and economic relations, an event perhaps as epochal as the Industrial Revolution.

America's only response to what is (inevitably) on its way seems just to become more of a pounding fist than ever.

And that just won't do, but it may well cause a lot of grief and bloodshed along the way.

It's really rather sad to see a great country go so desperately, insanely wrong.

Of course, such behavior provides all the more cause for older relationships to crack and strain plus strong incentive for new ones to form.