China has left the world in its dust.
I doubt any US OEMs survive globally in ten years, and the seizure of Venezuelan oil fields will simply lead to stranded investments in an increasingly irrelevant commodity.
seizure of Venezuelan oil fields will simply lead to stranded investments in an increasingly irrelevant commodity.
That’s true of basically everything Trump admin has done so far. Short-term marginal gains at the cost of setting up a ticking bomb for the next presidential admins. USAID slashing, R&D slashing, humanitarian Ukraine aid slashing, food stamps gone, etc.
Well, America wanted an elderly man who struggles to stay awake as President again so we get elderly man ideas.
However, I’m not sure there are even short-term gains.
That’s the essential feature of crony capitalism. Advantages for the select few corporations that have the contacts.