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Zero Hedge White House Planning Unprecedented Trade Alliance To Retaliate Against China

Summary:
"China is trying to beat countries into submission by egregious economic coercion," one senior official told the WSJ. "The West needs to create a system of absorbing collectively the economic punishment from China’s coercive diplomacy and offset the cost."After spending the last half millennia beating other countries and peoples into submission not only economically but also militarily through colonization and the neo-colonization that is ongoing, the West is now complaining about China? Really? These folks appear to be delusional. Zero HedgeWhite House Planning Unprecedented Trade Alliance To Retaliate Against ChinaTyler Durden

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"China is trying to beat countries into submission by egregious economic coercion," one senior official told the WSJ. "The West needs to create a system of absorbing collectively the economic punishment from China’s coercive diplomacy and offset the cost."
After spending the last half millennia beating other countries and peoples into submission not only economically but also militarily through colonization and the neo-colonization that is ongoing, the West is now complaining about China? Really? These folks appear to be delusional.

Zero Hedge
White House Planning Unprecedented Trade Alliance To Retaliate Against China
Tyler Durden
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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