Here There and Everywhere

Expat wanderer

“Oh, He’ll Blame Obama”

I laughed as I read the following headline to AdventureMan:

China will achieve major landmark this decade: Report

The Asian giant will overtake the United States to become the world’s biggest economy sooner than previously thought, a think tank estimates.

“Trump is going to hate that this is part of his legacy,” I laughed. Our infantile, petulent soon-to-be-gone President throws temper tantrums over this kind of news. Anything he doesn’t like he determines to be “fake news.”

AdventureMan just snorts. “He’ll just blame it on Obama,” he says.

Americans are addicted to cheap goods, and plenty of them. China feeds that need. No need to look for a conspiracy. It’s all classic supply and demand. No nefarious plots. Take a look at your furniture, your plasterboard, your wooden floors, look in your cupboard at your canned goods, in your closets at your clothing. China is building the largest economy in the world by providing what people want at a lower price.

December 26, 2020 - Posted by | Events, ExPat Life, Financial Issues, Interconnected, Political Issues, Transparency | , ,

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