![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjeX6qm9mdPR_gEkdI59POVpgggArKgPQVBfQvbs4PiJMoZO6VS5nJjkghSymn_19X7XCeviAba9eicC1kQj9kPGwm-3uTz3LJW163VlYyFAzKpB-6ZJDHwwy5-OMcLOcPEKOhSxXE48bh5/s320/chip.png)
Andy Grove, ex-CEO of the largest computer chip maker, Intel, encourages politicians to
re-consider lopsided trade and not fear trade-wars. You only lose trade wars if you don't have experience fighting them, he suggests. This is a man with vast business and technology manufacturing experience.
As I have pointed out before, we have the advantage in any trade-war with problem nations because they have far more to lose than us. In the 1930's we had a trade surplus before we picked trade fights. You don't pick fights with a surplus; that's stupid.
No comments:
Post a Comment