Sometimes Trump ´s right department

    By Flavius on Mon, 03/06/2017 - 9:58pm |

    ¨While Panasonic is the world ´s largest supplier of electric vehicle batteries globally, China ´s BYD and  CATL were just behind , according to figures collated by Bernstein ,the research group...............

    In 2015 in the eastern Chinese city of Nanjing,South Korea ´s LG  Chem opened a battery factory. The same year Samsung SDI followed suit. opening a plant in Xian in central  China and declaring that it would "forge  its foothold in the world'ś biggest  new energy vehicle market ¨. 

    (From a mixture of concern about Global Warming and local  pollution the Chinese government is intent on replacing gas driven cars with electric ones . Flavius)

    A year later Beijing released a list of companies allowed to supply batteries in the country. Not a single foreign company was included.¨

    March 6 2017 FT

    Wonder whether LG Chem and Samsung have  read  ¨The Art of the Deal .¨

     

     

     

    Comments

    Like a broken clock, twice a day. . .


    by Bruce Levine on Mon, 03/06/2017 - 10:23pm

    LOL!


    by artappraiser on Tue, 03/07/2017 - 1:12am

    BUILD THE WALL! 


    by NCD on Mon, 03/06/2017 - 10:34pm

    Agin!


    by artappraiser on Tue, 03/07/2017 - 1:13am

    This is worthless. I don't know why you keep pushing crap like this. Or course there are times that Trump sees a problem that exists. If you got lists of problems from far left liberals, centrists, Trump supporters, far right tea partiers, inforwars conspiracy nuts etc. you'd find some items on everybody's list. Very few Americans favor open borders and even many liberals see illegal immigration as a problem. Everybody sees the high rate of unemployment in coal counties and other rural areas as a problem. Even Alex Jones takes an occasional break from spreading conspiracy theories to mention the problem of unemployed men in coal counties. That doesn't make him a fucking genius. Even strong supporters of free trade see many of the problems it causes. People may disagree about the importance of a problem but I suspect we'd see a fair amount of agreement on what problems exist among very disparate groups.

    Seeing the existence of some of the obvious problems we face is meaningless. The issues I have with Trump isn't that he doesn't see some of the problems. It's that he either has no solution, just empty talk, or his proposed solution will not solve the problem and cause more problems. It's his plans to deal with the problems, his policy, that I disagree with.


    by ocean-kat on Tue, 03/07/2017 - 12:18am

    Partly just passing on a piece of crap  buried in the Financial Times. I admire the sang froid with which

    the  Chinese Government can close its markets whenever it suits it and it will be buried in the 30th paragraph

    of a full page article read by every employee of Goldman Sachs and no (other) reader of Dagblog.

    I have less than no interest on Trump´s position on free trade or anything else. But  a mono maniacal fascination with  the left' s indifference to the long running  tragedy of free trade . At least for us.

    Conceivably Denmark or Switzerland or Andorra or Vatican City can import batteries or any other item with a significant labor component  (i.e. something that would provide work for human beings) from China or Myanamar or where-ever else human beings get paid starvation  wages. And while doing that still somehow support the standard of living of those not lucky enough to be importers.

    But for us  free trade=s unemployment. And unemployment=s a miserable life except those enterprising enough to be  criminals.. The two cardinal truths  Capitalism - or maybe  " ḧuman nature" -holds self evident is

    1. that we should get what we want as cheaply as possible via  slavery   , opps been there , done that, . Ok by importing from a country whose workers are compensated as nearly as possible as slaves..And

    2. there should be no free lunch. If somehow the system doesn´t provide as many jobs as there are human

     

     

     

     

     

     

     

     

    beings  than 60,000 of them should be homeless  in New York every night .

    If we closed the docks and airports tomorrow by year end there´d be no homeless in New York the country would have a labor shortage. Like in 1944.

     

     


    by Flavius on Tue, 03/07/2017 - 8:02am

    Though I have never read it, I do have this inkling now that "The Art of the Deal" has all kinds of bullshit bluster in it that monster corporations actually do to conquer others that Trump actually never did in his own business dealings.

    This paragraph from this recent David Letterman interview reminded me of what we in NYC all thought of Trump before he started running for president, how one would just run across news about his business dealings here and there that would make you think: oh I see, he doesn't really do what he says he does, it is all P.R. and he just wings it, trying to present as he thinks others will respect.My bold

    And the guy from Exxon, Rex Tillerson. Don would say, “Rex, if you’re talking to your friends, ask them” — I’m sure the Russians groomed Trump. They gave him tips: “You want to be an authoritarian dictator? Sure, that’s not a problem. We’ll tell you how to do it, for God’s sake.” I think it was just all like that, because that’s the way Trump does business: “See if they’ll give us the tar coating? They’ll throw that in? Great, great. And by the way, we’re not paying the last 10 percent of the bill.” I think it’s the same shit.

    The "art of Trumpian deals" was always really: just screw people, and if ya make real big messes, just hire a bigger army of lawyers than the other side's got to threaten them to say "uncle" (i.e., Deustche Bank default.) It's kind of Tony Soprano, but Queens style, not New Jersey.


    by artappraiser on Tue, 03/07/2017 - 2:02am

    Latest Comments