Steve Bannon’s and Trump’s Fears of China’s Economic Clout Are Unwarranted

Steve Bannon says things like “We’re at economic war with China. It’s in all their literature. They’re not shy about saying what they’re doing. One of us is going to be a hegemon in 25 or 30 years and it’s gonna be them if we go down this path.” And: “…the economic war with China is everything. And we have to be maniacally focused on that. If we continue to lose it, we’re five years away, I think, ten years at the most, of hitting an inflection point from which we’ll never be able to recover.” Austrian economic analysis in … Continue reading Steve Bannon’s and Trump’s Fears of China’s Economic Clout Are Unwarranted