 Re: WTO case against China could all be for nothing
The US is losing a lot of powers gradually. The central bank has little power compared to what it used to. The stock markets aren't even the home of the most IPOs. The capital markets are only a player, not a dominant one as they used to be. The US has lost its power to demand what it wants from the world economy as well. This is a very real issue, if China stops playing by WTO rules and just decides to shut off ways to take out investments the world economy will be in serious trouble. China's picking and choosing the best and ignoring the worst, the US is giving them plenty of justification to do so if they continue on this path. |