They're big, and they are a problem and they ARE Marxist. Being Marxist, they will believe they can solve their problems by top down control, and in my opinion that will be their undoing.
If we follow their model, we WILL lose. We will win through free enterprise, meaning we will innovate, adapt, and figure out how to beat them. It's when we become protectionist we lose.
I understand what you are saying, just disagree vehemently with the specific remedies the protectionists on the thread think are good.
Well I’m glad we have that much to agree on.
The problem is, at the moment all of the momentum is with China.
I’m not saying there won’t be trip-ups, but right now we are the side heading for disaster.
Not the other way around.
Gotta cut out now. Good talking with you.
Consider what I have said please.
As a smart guy said on CNBC....
China has central planning by engineers, mathematicians, and scientists, and the US has central planning by lawyers.
Neither one is good, but by definition we lose.