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tootalljones

08/06/20 10:19 AM

#24135 RE: Gabanon #24131

not a buyout, and the odds are I am completely wrong, but the people Trump most trusts, Peter Navarro and Robert Lightheiser, who have done his trade deals and have hammered the chinese -- thieves for decades, -- these guys are cutting edge with resource nationalism. They know everything about nationalization of mines (they are themselves no doubt investors for decades in their own accounts). They also know as clearly as the nose on one's face, that the chinese have bought up half the deposits in AFrica, forming partnerships, plus they are told this in person by dozens of american mining executives. I am sure these guys are saying, "we cannot compete," the same thing executives in other industries have said for years, as they got run out of business. A private company cannot compete with the nation of china, plain and simple, which can command the collective earning power of1.3 billion, and which engages every day in IP theft.
These guys must be saying in Trump's ear, America must change how it competes or the chinese will have everything valuable on earth eventually.
I can see Trump setting up a smallish Federal dept devoted to overseeing the infiltration of american assets, and where appropriate, taking ownership stakes. This is a big step as he is an avowed capitalist, but above all he is a pragmatist. American pragmatism is a core american value for 200 years, and this is Trump. He is one of those, just win baby types, just get it done whatever it takes even if you must bend some rules....and America is losing badly vs. the chinese and western communism, i.e. the europeans as well......WE need to get in the game.