The EU and Japan have signed an unprecedented free trade agreement which will create one of the world's largest trading blocs
This data is scraped automatically and may be incorrect.
- EU-Japan free trade agreement defies protectionism | DW | 17.07.2018
- Deutsche Welle (www.dw.com)
- Sep 9 2018
- Word count
- 844 words
Now that's some artful deal making. The USA has been substantially diminished by withdrawing rather than skillful engagement and negotiating. It is the difference between a Rembrandt and throwing a bucket of discount latex paint on a wall and calling it a day.
I think that we are seeing the real time slide of the US away from being a global economic and military henemon and into a role of just global military hegemony. If this trend of ostracizing long time trade partners and allies continues, the goods will just be bought somewhere else and the US will be left behind.
This is before even mentioning the, what I see as impending, economic bubble collapse coming from the stock buybacks that are currently holding up the economy. The combination of these two could be disastrous for the US if risk isn't mitigated soon.
I agree with your assessment and the situation is really concerning. However, if you have the cash, it just means that everything in the US will soon be on discount and once in maybe ten years when things right themselves with new leadership you'll be sitting very pretty on your investments.