Tag: Trade
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20 Years Ago: The United States 🇺🇸 Granted Permanent Most Favored Nation Status to Communist China 🇨🇳
20 years ago, the United States made of of the worst economic mistakes it could make. December 27, 2001, President George W. Bush gave Permanent Most Favored Nation Status to China. George W. Bush had already expressed he wanted to do this while running for president in 1999. In the Republican Primaries, Governor Bush was…
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El Salvador becomes 1st Government to Embrace Bit Coin as a Legal Tender
El Salvador President Nayib Bukele is quite the visionary. This June 2021, the President of El Salvador Nayib Bukele just announced he is going to make Bit Coin a legal tender in their country. El Salvador is the 1st government to officially do this. This is quite historic. https://www.cnbc.com/2021/06/05/el-salvador-becomes-the-first-country-to-adopt-bitcoin-as-legal-tender-.html I myself am no crypto currency…
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HOW DID THE UNITED STATES BECOME SO DEPENDENT ON CHINA?
The United States of America has become way too dependent on China for nearly everything. China is the biggest trading partner of the United States. They have MOST FAVORED NATION STATUS with the United States. Almost any product you but says Made In China. 98% of Pharmacy goods come from China. How did this happen?…
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The Economic Divorce of the United States and China
How the U.S and China became so Inter-Connected Currently the U.S is trying to pursue a tough economic policy against China and become more financially independent from them. Over the past 30+ years the United States Economy has become so financially intertwined with China’s economy. Since the late 1980s, the U.S Government and U.S companies…
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Crony Capitalism vs True Capitalism
There are a lot of arguments about Socialism Vs. Capitalism. Communism vs. Capitalism. But what about Crony Capitalism vs Capitalism? I think it’s prudent to discuss the differences between the two. Crony Capitalism is when a small rich elite, an oligarchy controls and runs all the industry of a country. A small handful of corrupt…
Complicated Politics 