America’s M.A.D. policy with China
My discussion with Doc from earlier today was looking lonely, especially since two companies I’d planned to share profiles on today have had scheduling issues.
So going to a somewhat different subject I wanted to share with all of you a commentary I wrote earlier this month on the near-hysteria in some quarters over a major trade war, chiefly between the U.S. and China.
My take in a nut shell: Economically, the story is not dissimilar to the military “standoff” years back between the U.S. and the Soviet Union. . .and I believe that likewise, neither the U.S. nor China (but especially, as I argue, a MUCH weaker China) can afford to REALLY “fire the first shot”
LINK: https://nationalinvestor.com/1517/understanding-m-d-policy-china/
Source:: The Korelin Economics Report
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