Friday, February 7, 2020

Washington Post: Trump Administration telling business where to make investments; and where not to

In Friday's edition of the Washington Post, February 7, 2020 the Post reveals that The Trump Administration is telling investors where to put their money abroad:  don't invest in China's Huawei, that is developing its 5G wireless, but consider Sweden's Ericsson and Finland's Nokia.  This must be the outcome of Trump's poor dealing with China over trade tariffs and his lackluster trade agreements.  The animosity Trump reveals to the Chinese over commerce and his kowtowing to Putin, even to the point of overlooking how Putin is virtually taking over the Venezuelan economy, especially, the secret sales worldwide of its oil, to enrich the coffers of Moscow, is a scandalous favoritism of one communist, Putin, over an avowed other communist ruler, Xi.

Moreover, Barr has erected another Berlin-wall, spurred by competition between the US and China in taking global share in the technological trade market.  It fashions Beijing as a bogey-man out to take over the world.  Surely, the Trump people could be more imaginative.  There is no Cold War, despite the endeavors of this Administration to create one out of their own ignorance of global affairs and their attempts to fashion myths to cover up their own blunders in foreign policy directives.

The impression that President Trump gives cannot be glossed over when he consistently supports or glosses over Russia's gains in controlling Venezuela and affecting political elections, perhaps even in the US: he is pro-Russian, as Nancy Pelosi thinks. 

     

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