Apple's Tim Cook

Taxes are Coming! Taxes are Coming!

Apple prices may increase because of the massive Tariffs we may be imposing on China—but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now. Exciting! Tweet by US President Donald Trump President Trump, on almost a daily basis, brags...
China Trade War

American Constitution Trumped

Once upon a time Americans were very sensitive on the subject of taxation. They even dumped British tea into the Boston Harbor as a protest against British taxes. And the American constitution was written to give an elected Congress the primary power to impose taxes. But over the years, Congress has transferred its power to tax to the president, always...
US and China flag in the form of fists

America The Bully

You f…g Americans. Who are you to tell us, the rest of the world, that we’re not going to deal with Iranians? Richard Meddings, Standard Chartered’s Finance Director, said in 2012 America under Donald Trump is emerging as the global bully. Canada, Japan, the United Kingdom, the rest of the EU and for that matter, Mexico – they need to be...
ZTE vs US Department of Commerce

Hurt China — Is That Trump’s Real Goal?

I hope what I’m about to say turns out to be too pessimistic and very wrong. But as an alternative scenario it must be considered. Right now, the smart money says a trade war with China Is not going to happen. Accordingly, Trump is just bargaining for a China more open to American business and exports and an elimination of...
Navarro-Trump-Bolton

Trump’s Favorite Advisors — Be Afraid

What really makes China so scary today is the fact that it has so many people, and it's also becoming an incredibly wealthy country so that our great fear is that China will turn into a giant Hong Kong. And if China has a per capita GNP that's anywhere near Hong Kong's GNP, it will be one formidable military...
young student Group watching smart phone

National Security – An Abused Term

That hereafter no State court or court of the United States shall admit Chinese to citizenship; and all laws in conflict with this act are hereby repealed. (Sec.14) From the Chinese Exclusion Act of 1882 There are people who wish I wouldn’t refer to China as our enemy. But that’s exactly what they are. They have destroyed entire industries by utilizing...

US-China Relationship — The Primary 21st Century Concern

For at least the first half of the 21st century, the US-China relationship will be the number one concern for investors, statesmen, global militaries and indeed, humanity in general. Things are not going to be easy. The US and the world have to face a number of realities, some of which I’ve discussed in past blogs but are worth...
the future

The Rise of Chinese Technology and the US Response

In 1914 the Europeans (including the British) ruled the world. Their empires spanned the globe, their culture reigned supreme, financially they were the center of the world, their science was a marvel and they had convinced themselves and a good part of the world that they possessed a moral superiority. But by 1945, they had massacred tens of millions...
Dinamismo di un ciclista GM5

Technology Marches On!

Recently, it seemed like the stock market had parked the tech sector in a penalty box of boredom while the old dogs of the Dow marched upward in a Trump rally. But last Friday, big tech revived and bulldozed the markets with super earnings and outsized one day up stock moves. In particular, Amazon (AMZN), Alphabet (GOOGL) and Microsoft...
Chinese fortune cookie with american flag inside

Made in China 2025 — Not to Worry!

The Chinese way of running their economic system is quite brilliant. I tip my hat to them. To avoid a trade war, China must cease its economic war against America. Quotes from Steven Bannon, Trump confidante By the time the shots heard around the world were fired in Concord and Lexington in April 1775, improving the level of American technology through the...
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