Afgelopen dinsdag las ik een vreemd AD artikel: "Gelekt document onthult ultiem doel handelsoorlog Trump: ‘EU dwingen te kiezen tussen VS en China’. Ik heb moeite om dit te geloven omdat de vraag uit Europa vooral gaat om de levering van Amerikaanse (financiële) diensten, alsmede om Chinese goederen. De oorzaak is vrij simpel: kwaliteit versus kwantiteit. Amerika...
Recently, Trump announced a 25% (import) tariff on foreign-made autos and light trucks. Trump expects this will result in over $100 billion of new annual tax revenues (eg, AP News, Nikkei, National Review). What about the impact of price elasticity on American demand? Currently, this tariff on cars is 2.5% on passenger vehicles, and 25% on pickup trucks (Nikkei...
The citizens of several American allies are (allegedly) boycotting tourism towards USA, and also some American goods, especially Tesla’s. I sympathise and agree but would not call my plans a boycott. But what’s in a name? I used to love North America and made many vacation visits. Nowadays, I prefer taking my Japanese full-hybrid car and visit European countries....
Intro LO: This Washington Post opinion by its Editorial Board is a must-read if and when China is of any interest to you. Actually, this article is more about facts on China than an opinion. In my view, the following quote by the ancient Chinese military general, philosopher and strategist Sun Tzu (c.544 BC - 496 BC) from his famous book, The Art of War, applies to...
Last Wednesday, I viewed Se1Ep1 of Matlock (2024), featuring Kathy Bates. Initially, I failed to understand its high IMDb rating. Afterwards, I gave it an 8. The difference was its last scene, which revealed a very intriguing subplot. I suppose the excellent subplot of The Mentalist (2008-2015) explains the above. Nearly all of its episodes are independent crime...
My blog title is an English translation of a French saying (ie, “Toute nation a le gouvernement qu'elle mérite”) by French philosopher Joseph de Maistre (1753–1821). That French saying is getting relevance considering the (very) remarkable choices for the forthcoming 2025 U.S. Administration. I suppose such choices reveal their priorities. If not, those choices seem...
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