Unqualified term “war”? Tell us it ain’t so, Ray Dalio!
Remember the Great War with Japan started with trade tensions in response to the country’s agression in Manchuria, among other regions,
Tokyo and Washington negotiated for months leading up to the Pearl Harbor attack, without success. While the United States hoped embargoes on oil and other key goods would lead Japan would halt its expansionism, the sanctions and other penalties actually convinced Japan to stand its ground, and stirred up the anger of its people against continued Western interference in Asian affairs. – History.com
Mark this day on your calendar, folks, we have now entered a period of nonlinear dynamics, and who knows how this will end.
Count us in as having zero confidence and support for the buffoonery of the so-called “Art of the Deal”, a total farce, in our opinion. Washington’s cluelessness risks a major global economic and political disruption.
Nations can’t bully others into submission unless supported by the vast majority of the international community. These deals have to be done in a rules based framework, and not willy-nilly driven by implulse with 5 A.M. tweets.
The U.S. is becoming increasingly isolated, and now viewed as the bad guys. In our Orwellian world, “America First” will have a tragic and painful ending for the majority of Americans. America First sounds good on paper, or as 10-second political sound bite, but will likely end as America Last.