Trump and technology

Some Economic Common Sense

Those big tech companies [like Apple, Google etc.] often also work with governments…To trust one and not the other [Huawei], simply because one is Western and the other Chinese, is nothing but xenophobia and, dare I say, racist. Peter Kammerer, South China Morning Post Columnist As most observers have expected, the US and Chinese stock […]

Damage American Technology Program

Fosun has a strategy to help everyone live until 121 years old: Technology Headline in South China Morning Post The 90 day “truce” agreed to in the G20 dinner between Presidents Trump and Xi is certainly a plus. The world has been spared, at least for the moment, an acceleration of a destructive trade war […]

Will Economic Sanity Prevail?

If there is a deal [with China], it will be on Trump’s terms, not on Wall Street’s terms…Trump has done an amazing job. He doesn’t need the help of Wall Street, he doesn’t need the help of Goldman Sachs. The mission of these unregistered foreign agents [Wall Street types like Hank Paulson], that’s what they […]

Last Week's Stock Market Crash – An Advance Warning

The premises of this war {over} the huge bilateral trade deficit with China are very peculiar. The presumption is that the U.S. is better and more efficient than any other country, and if we don’t export more than we import, China must be cheating. Any economist would say that premise is absurd. We live in […]

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, […]

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 […]

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 […]

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 […]

The Technology-Driven Supply Side will Get a Boost from Trump

As an ex died-in-the-wool monetarist, I have been shocked by the fact that no amount of monetary excess by central banks has brought about global inflation. While I wouldn’t argue with the fact that big debt overhangs from the Great Recession of 2008 have inhibited spending and hence aggregate demand, I believe the fundamental deflationary […]

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