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Showing posts from May, 2019

The World In Which We Live: Ongoing Trade War Edition

It wasn't supposed to last this long. Or so it was thought.

"Trade wars are good and easy to win!" the tweet read. I'm not seeing much good and no one appears to be having fun.

I suppose a trade war is good when you have no skin in the game, ie your living expenses are covered by taxpayer dollars and you know how to write down losses, but for those of us on the ground in this trade war, real pain is being inflicted. Ask the farmer who is losing money (although in a bit of welfare, there are subsidies being discussed). Ask the customer paying more and more for the same items. Ask the business owner paying more for said items and passing that cost on to the customer you just spoke to.

The current trade war is the economic equivalent of the second Iraq War: a war of choice, led by amateurs. Sure, US-based intellectual property is being stolen, but the companies whose IP is being stolen are multinational corporations who operate in China willingly. I'm yet to meet an…

Quote Of The Day, Muir Edition

The rivers flow not past, but through us, thrilling, tingling, vibrating every fiber and cell of the substance of our bodies, making them glide and sing. - John Muir