E Is The USA Too Weak To Let China Succeed?

Trump wants a meltdown of relations with China. This is a dangerous and unnecessary policy. Americans still don't believe how dangerous this course of action could be. 

Anyway, if there was abundant energy it would not be used as a weapon, and it would not be the object of war. There would be less weakness in the world if everyone had adequate energy.

It is amazing to me that America and China and the world cannot work to develop clean production of vast reserves of coal and other fossil fuels and alternative energy as well. It is amazing to me that science cannot work on cleaning coal up. The world spends trillions of dollars on defense and very little on clean coal research. Even Trump has jettisoned clean coal research.

We were spending 200 million dollars per year but Trump cut coal research by 80 percent. That spending should be in the billions, not the millions. What could be more important to world prosperity?

New ideas are needed for a more complex and dangerous world, or we are headed for either economic or armed disaster, or both.

Collateral Tech Damage

While energy is the real culprit, collateral damage of trade disputes will be technology. Apple and other tech giants and the consumers of these products are at great risk. The big scare of chips being put in motherboards to spy on America is much ado about nothing.

Amazon and Apple deny mass infiltration of their products as reported by Bloomberg. That Bloomberg article is not the final answer as to the seriousness of the spying. But we spy, everyone spies. And I don't see Apple or Amazon as being opposed to America. They should be believed until absolute proof is offered that they are not believable. 

The fallout of this mistrust on the part of the US government could be an escalation of that new economic war Trump wants. Cutting China out of supply chains to Apple products would certainly destroy the effectiveness of supply chains and may spill over to other supply channels. All this will hurt an already weakened US consumer.

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Disclosure: I have no financial interest in any companies or industries mentioned. I am not an investment counselor nor am I an attorney so my views are not to be considered investment ...

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Gary Anderson 2 months ago Author's comment

I appreciate your wise comments, Trader and Norman. It just smells like war fever. It was established before Trump, but the hope of world cooperation is being destroyed by an arrogant nation with less than 5 percent of the population. I grew up with Ike and JFK. Even Reagan had a hope for world peace. We have never been more arrogant and dangerous as a nation as we are now. Hillary would have pushed this arrogance in another direction perhaps. But we are not acting in our own self interest, imo. We are not striving for a Westphalia peace. We are striving for world domination and fascism.

William K. 2 months ago Member's comment

I would assert that the author has cause and symptom reversed. A decrease in production causes a drop in energy consumption. Machines are switched off because of reduced production requirements. It does not work the other way.

Gary Anderson 2 months ago Author's comment

As long as you have affordable energy that is true. The Bannon/Trump theory is that there is finite energy and we must guard it. They want to guard it by a fascistic separation of cultures. Push the Muslims over there. Push the Chinese over there. Isolate the them. I am wondering when they will add blacks and Jews and Hispanics, and isolate them as well. This is not the America I am familiar with and I hope it goes away soon.

PreferredStockTrader 2 months ago Contributor's comment

I generally agree about your critique of the USA, but it started long before Trump. The U.S. empire now contains over 900 military bases around the world in 70% of the countries. U.S. foreign policy is controlled by the war profiteers who have bought off the politicians and promise and provide cooperative generals with high paying jobs after they leave military service. Obama/Hillary focused on destroying Russia, Syria and Libya while Trump has simply switched focus to Iran, Venezuela and China although the military industrial complex (and their friends in the media and intelligence agencies) will not allow him to better relations with Russia. The U.S. needs to demonize foreign countries to create a justification for a huge military budget when in fact none of these countries are threatening us. As bad as Trump is, it is a mistake to put this all on him. Obama dropped more bombs than Bush and spread the U.S. wars from 2 to several - adding Yemen, Syria, Libya while drone bombing other countries as well. Yes, it seems the U.S. would rather take down the whole world than let countries develop and improve the lives of their people.

Norman Mogil 2 months ago Contributor's comment

Ironically, by putting up a tariff wall discourages efficiency improvement in the US and just opposite effect in forcing China to be more competitive. Making China great?

William K. 2 months ago Member's comment

Indeed! Also, putting up a tariff wall instead of negotiating indicates a lack of ability to consider secondary results of ones actions. As we know, secondary results are usually very important to consider prior to taking action. In this case, the general public suffers while that top 1% seems to benefit, at least for the short term.