WebsterMark wrote on 12/14/19 at 05:09:20:I don’t follow British politics to know exactly how relevant this is to the US but the sentiment below is exactly what I’ve said in our case. Trump’s a sitting President in the middle of a great economy and his opponents represent a 180 turn from historical America. I just can’t see that happening.
“Left-wing Labour Party leader Jeremy Corbyn saw his party mauled in Britain’s general election Thursday as its strongholds across the country fell to Prime Minister Boris Johnson’s Conservative Party -- a dramatic result that commentators on both sides of the pond are seeing as a warning to socialist-leaning Democrats ahead of the U.S. presidential election.”
Yea I am reading this too. Oddly the countries that are doing well (US, UK, India etc) are getting nationalist, the ones doing badly (Argentina, Chile, Columbia, Greece) are also going nationalist.
Weirdly those countries have the worst of the broken global supply chain right along with some African countries.
The biggest part of the problem that no one seems to be recognizing is that China is economically exploiting much of the resource rich African countries under the guise of "infrastructure building" and pretty soon they will control the supply chain and it will likely get more abusive.
I don't trust anything I cant look the seller in the eye as I pay $$$ and take product, and I want to look the buyer in the eye when its reversed. AKA Craigslist for selling sheite and I buy and sell a lot of crap on it. I cant tell you how happy that makes me. The market sets the price, at its finest.
Cool.
Srinath.