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Home / Mike Norman Economics / United States Plans to Relocate Factories from Asia to Latin America — José Gregorio Martínez

United States Plans to Relocate Factories from Asia to Latin America — José Gregorio Martínez

Summary:
This is kind of a no-brainer. The US should have been participating in a concerted effort to build a Western Hemispheric bloc rather than attempt to control Asia when China, India, Russia and Iran, and soon Indonesia, are the major players on the ground. Dumb strategy to overextend.The US will always have a foot in Europe owing to the special relationship with Britain, even when NATO is history, which it should be already, after the collapse of the USSR. The attempt to keep it alive past its expiration date is pathetic. And dumb.The US will also have a foot in Asia too, through Australia and New Zealand, and Israel.This leaves Africa up for grabs, and in the latter part of this century, the major growth will come from Africa. Instead of competing for control, the world should cooperate in

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This is kind of a no-brainer. The US should have been participating in a concerted effort to build a Western Hemispheric bloc rather than attempt to control Asia when China, India, Russia and Iran, and soon Indonesia, are the major players on the ground. Dumb strategy to overextend.

The US will always have a foot in Europe owing to the special relationship with Britain, even when NATO is history, which it should be already, after the collapse of the USSR. The attempt to keep it alive past its expiration date is pathetic. And dumb.

The US will also have a foot in Asia too, through Australia and New Zealand, and Israel.

This leaves Africa up for grabs, and in the latter part of this century, the major growth will come from Africa. Instead of competing for control, the world should cooperate in bringing Africa online as soon as possible. The old colonial powers need to butt out.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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