Good discussion between Tom Friedman and Steve Bannon on the ‘big picture’ of the U.S. -vs- China geopolitical trade confrontation. Friedman is an insufferable prog on methods, but he recognizes the President Trump approach is necessary. Worth Watching:
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Where academic Friedman is helplessly naive is on the key point of how a coalition approach toward China is a pipe-dream. When it comes to economics each entity has unique self-interests. Put fifty self-interested governments together (ie. TPP) and you end up with paralysis of analysis and no action; as each entity fights to hold their own interest over the group interest….. While China grows in the background.
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