Supply-Side Economics

[whell]

Originally Posted by Chicks

So in your feeble mind, China isn’t a major trading partner with the US and the rest of the globe? Seriously?

Didn't say that, did I? More failure to comprehend on your part. You really need to go back and read the article you posted again. The key take-away is this sentence:

"Unfortunately, it's a zero-sum game now between China and the rest of the world, and what we need to do as a country is to work with the rest of the world" to ensure prosperity and high stock markets, he said.

And this one is just as relevant:

"We have to defend ourselves," Navarro said, citing alleged Chinese theft of U.S. intellectual property on technology. "They're attacking our crown jewels. They make no bones about it."

So the phrase "zero sum game" is being applied to China's trade practices / policies, not ours.

You ever been on a business trip to China? If not, talk to anyone who has it would be potentially an eye-opening experience for you. You have to take anything with information on it - devices, laptops, files, etc. - with you. If you leave it in the hotel room, you'll come back to find that someone has been through it, scanned the content of the files or devices, and likely copied anything of perceived value. A member of our delegation thought she could leave her laptop hidden in her hotel room because she got tired of hauling it around. Sure enough, when she got back, her laptop had been found, turned on and likely searched. And someone likely knew she left it behind because our delegation was watched / escorted at all times. There is almost no concept of intellectual property in China.