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TikTok, Sing a Song of Sixpence, A pocket Full of Rye, Four and Twenty Blackbirds Baked in an American Pie — M. K. Bhadrakumar

Summary:
Third-party analysis of the deal, which looks now like it is going to happen with a compromise. Actually, it looks like a win-win even if ByteDance did get mugged, which also hurt America's reputation as open for business. But in the end, the pie will most likely grow much bigger with US backing and global expansion guaranteed.Conversely, in US politics neither side is willing to compromise, so the system seems to be headed for gridlock, showing again that politics is not like business.India PunchlineTikTok, Sing a Song of Sixpence, A pocket Full of Rye, Four and Twenty Blackbirds Baked in an American Pie M. K. Bhadrakumar | retired diplomat with the Indian Foreign ServicealsoZero HedgeTrump 'Blesses' Deal Valuing TikTok At Billion As ByteDance Keeps 'Secret Sauce' Tyler

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Third-party analysis of the deal, which looks now like it is going to happen with a compromise. Actually, it looks like a win-win even if ByteDance did get mugged, which also hurt America's reputation as open for business. But in the end, the pie will most likely grow much bigger with US backing and global expansion guaranteed.

Conversely, in US politics neither side is willing to compromise, so the system seems to be headed for gridlock, showing again that politics is not like business.

India Punchline
TikTok, Sing a Song of Sixpence, A pocket Full of Rye, Four and Twenty Blackbirds Baked in an American Pie
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service

also

Zero Hedge
Trump 'Blesses' Deal Valuing TikTok At $60 Billion As ByteDance Keeps 'Secret Sauce'
Tyler Durden

also

The Money Illusion
A $5 billion campaign donation to Trump
Scott Sumner | Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center at George Mason University

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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