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Naive and simply wrong March 20, 2018

Posted by hslu in 特朗普, 美國, Economics, Global Affair, Globlization, Trump, US Government.
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The U.S. can reduce its trade deficit with the world very easily if Americans just stop buying things made in foreign countries and start living within their means.


We all know that they won’t because they like their 15 credit cards, 0% interest rate on balance transferred, minimum monthly payments and 65 inch TV for the holidays and Super Bowl.

America’s mounting national debt, growing deficits, insatiable personal debts and low savings rates will one day come back to bite them hard. That day is coming fast with a reckless Trump in the White House.

The global trade relationship has indeed been an unfair one for the foreign countries because Americans have enjoyed cheap goods for decades while keeping the destruction to the environment in other countries.

Worse, many of these goods are made by American companies operating in foreign countries. These products are then shipped back to the U.S. of A for maximum profits. They benefited from foreign government incentives, municipal tax holidays, plenty of cheap local labors, very affordable land, lax regulations, minimum environmental oversight and lower income taxes.

Their operating profits enriched company officials, made millions for their shareholders, created jobs in foreign countries, left uneducated Americans with low pay jobs and contributed to inequality in the U.S.

The facts on U.S. labor market suggests this has indeed been the case: according to the Bureau of Labor Statistics (BLS), jobs in manufacturing sector have decreased from 39% of all jobs in the U.S. in 1943 to just 8.5% in 2017.

Selectively raising tariff on imports punishes countries which are less able to defend themselves or those deemed unfriendly to the U.S. of A.

The unilateral action by Trump will definitely provoke other countries to take defensive actions against U.S. imports.

Tariff is a double edge sword. It hurts both ways with no clear winner from the trade war at all.

By instituting tariff on imports, America is asking for a trade war and a trade war is inevitable no matter how Navarro spins it. Higher tariff will not work out fine and the world will not be a better place because of what Trump has done.


Very serious accusation from the right February 26, 2018

Posted by hslu in Cold War, 特朗普, 美國, Economics, Global Affair, Globlization, Obama, Putin, Russia, Trump, U.S. Foreign Policy, 川普.
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Source: The Atlantic Daily


Actually, the decline of the mighty American empire started shortly after Obama took office. Trump just accelerated the pace downward fast.

Trump’s “America First” has quickly turned into “American isolated”, “America Brushed Aside” or “America Left Behind.” Manyforeign leaders, especially American’s European allies, privately laughed at Trump’s childish play on Twitter, chastise his erratic behavior and mood swings, ignor his bullying mentality and looked down on his lack of a cohesive world view.

Take a look of the article and decide yourself whether Trump is flushing the American empire down the drain fast.

Only the idiot in the WH didn’t know that January 12, 2018

Posted by hslu in 美國, Global Affair, Putin, Trump, 川普.
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And he even said that he has a very good relationship with Kim Jong Un.

Blind and acted like a 井底之蛙。

By “west”, Putin means the USA.

David Roche is missing the point January 9, 2018

Posted by hslu in China, Cold War, 石油, 美國, Global Affair, U.S. Foreign Policy, 中國.
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Roche’s analysis is predicated on one of two scenarios playing out in the Korean peninsula:

  1. The U.S. moves to contain North Korea and, by default, China with missiles from the east,
  2.  Trump takes out Kim Jong Un through a strategic attack. 

Rocheconcluded that both options would signal China’s ineffectiveness at handling the situation and would result in an “almost inevitable cold war” between the U.S. and China.

I believe that Roche missed a key fact about the relationship between the U.S. and China: America has been in a cold war with China ever since Chinese oil company Cnoon was forced out trying to buy Unocal in August 2005 in a $18.5 take over bid. 

America treated China as a threat to its national security and put up a wall to slow China’s progress down. 

That’s when the cold war between America and China started.

You should read this December 31, 2017

Posted by hslu in China, Cold War, 美國, Economics, Global Affair, Middle East, Military, Muslim, Putin, Russia, Trump, U.S. Foreign Policy, 川普, 中國.
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What Tillerson Won’t Admit: The U.S. Has No Leverage https://www.bloomberg.com/view/articles/2017-12-28/what-tillerson-won-t-admit-the-u-s-has-no-leverage

It goes to show how little Tillerson and Trump can do in a world where the U.S. has already lost its influence.

With Russia and China forming an economic and military alliance, with Europe firmly against Trumo’s policies, the glory days of American supremacy are over.

A new world order with China in the dominant position has emerged.

Care to count how many friends America still have these days?

Fewer than 10?

德國之聲中文網:川普向北京跪拜 December 28, 2017

Posted by hslu in 美國, Global Affair, Islam, Middle East, Muslim, One Belt One Road, Trump, U.S. Foreign Policy, 川普, 一帶一路, 中國.
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評論:亞洲不需要川普 | 時事評論 | DW | 23.12.2017


Pretty harsh language from a German to America’s tweeter-in-chief, isn’t it?

But, it was the way it has been for Trump. You might call him 吃軟怕硬,紙老虎,協商家,老朽,dotard。

The UN 9 December 26, 2017

Posted by hslu in China, 美國, Global Affair, Middle East, Religion, Trump, U.S. Foreign Policy, 川普, 中國.
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Nine countries united to vote against a U.N. resolution condemning Trump’s decision to recognize Jerusalem as Israel’s capital and move the U.S. Embassy there from Tel Aviv.

Here are the nine:

  1. USA
  2. Israel 
  3. Micronesia
  4. Nauru
  5. Togo and Tonga 
  6. Palau
  7. The Marshall Islands
  8. Guatemala
  9. Honduras

There you have it. These seven countries knelt under the wrath of American power but they should continue to receive handouts from the U.S. BTW, have you ever heard of Nauru or Palau? I certainly don’t.

35 countries voted abstain which in essence were YES votes. If they thought Trump has done the right thing, they would have voted NO like UN9 did. Among them were Canada, Australia, Mexico, Rwanda and Uganda. Trump probably won’t ask Mexico to pay for the wall after Mexico’s vote. Canada will continue export its heavy oil to the U.S. I am not sure what the U.S. said to Uganda and Rwanda which made them not follow the majority’s action.

Haley’s verbal threat before the vote, ‘we’ll be taking names’, finally showed what America really is to the world: a bully, a vengeful weasel and an imperious thug.

Well, if the U.S. wants to cut off foreign aids to these countries, so be it. China probably will be more than happy to take up the slack.

Of course, not a single Muslim country voted with the U.S. and Trump’s move simply will fan more hatreds from muslims against the U.S. and Israel. 

What has Trump gained from this move other than fulfiled a campaigm promise to a small group of people? 

But, at what price will America and American people pay for this modern day crusade against the muslims? 

It is obvious that American foreign policy has incite a long strings of hostile moves and suicide attacks against American interests in the U.S. and abroad since the 1993 World Trade Center truck bombing and the 2001 9-11 suicide attacks.

Will we see more attacks from the Muslims against the U.S. because Trump’s move is a perfect material for future recuitment by al-qaeda and other Islamic groups.

Gone are the horses, swords, Shamshirs, halberds, bows, crossbows, arrows and spears. Todays, the weapons of choice are drones, fighter jets, Hellfire missiles, PGMs, IEDs and suicide bombs jackets. 

One thing is for sure with Trump’s decision to officially recognize Jerusalem as Israel’s capital, the war between Muslims and the U.S. will continue and intensify.

It may last another thousand years.

Mohammed bin Salman, Saudi Arabia, Iran and oil December 15, 2017

Posted by hslu in China, 石油, 美國, Energy, Global Affair, Islam, Middle East, Military, Oil, Putin, Trump, U.S. Foreign Policy, 川普, 中國.
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Mohammed bin Salman’s ill-advised ventures have weakened Saudi Arabia’s position in the world


The failed policies of Mohammed bin Salman, the growing influence of Iran and the formation of Shia cresent are the primary reason that WTI is trading above $55 a barrel and Brent crude at $63 a barrel. A 20% war premium has been added to the price of crude oil contracts since November. It has gained more than 30% since the low achieved in late June of this year.

Saudi Arabia has been fighting a proxy war with Iran via Yemen for 2 years with little but many dead Yemenis to show for. Saudi’s oil infrastructure is now under external threat from Yemen which will keep the price of Brent crude at an elevated level. 

US shale oil production is expected to rise because WTI is trading at a few dollars below $60/barrel. However, since US exports very little of its oil, the spread between WTI and Brent crude will widen.

Source: CNBC

Source: CNBC

With WTI comfortably trading above $45 a barrel, roughly the average price of WTI for the past three years, oil company stocks should see a nice rebound in 2018. If the tension between Saudi and Iran flares up further, oil companies should see more upside too. 

With an young and inexperienced prince in Rydah colluding with a dotard and impulsive Trump in the WH, giant mistakes will continue to happen.

It is bad for the world.

It is good for China and it will be great for the US oil companies.

Putin is smiling too.

War With Iran and “window of opportunity” November 19, 2017

Posted by hslu in 美國, Global Affair, Middle East, Military, Muslim, U.S. Foreign Policy.
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In 1987, a Rogue U.S. Navy Admiral Schemed for War With Iran


I wonder what other “window of opportunities” American military has been or is contemplating with?

A tactic nuclear war with North Korea, Russia, China or Iran?

With a story like this, it goes a long way to show the entire world that America is really dangerous in dealing with other nations in the world. 

Basically, its mentality is “It is my way or highway.”

The message to the world is simply this: “Arm yourself to defend your country or be slaughtered by the United States of America when you are least expected.”

Trump and Mohammed bin Salman November 19, 2017

Posted by hslu in 石油, 美國, Energy, Global Affair, Islam, Middle East, Muslim, Obama, Taiwan, Taxes, Trump, U.S. Foreign Policy, 川普.
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Trump has unleashed the Saudi Arabia we always wanted — and feared


Trump’s first foreign trip after his inauguration was to Saudi Arabia. 


What did his advisors tell him? 

What would he gain by talking to Mohammed bin Salman other than undo what Obama did to the Middle East before him?

Did he really think that he can make his mark in history with peace agreements between the enemies in the Middle East?

Did he try to lend legitimacy to a young and untested Saudi prince who requested the meeting in the first place?

Did Trump believe that Saudi Arabia might be on the cusp of forming an alliance with Russia to dominate the world oil market?

Did Trump want to tell the prince in person that America will no longer insert itself in any future Middle East conflict because Saudi is a big boy who should handle itself like a grown man instead of hiding behind the U.S.?

Did Trump just want to be bold,  unpredictable and keep people guessing?

Or mabe Trump want to check out Saudi’s golden toilet?

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