Populism, dominated whatever nation, lead it to directions rarely imagined ever before and US is no exception. Conversely, China is reaching its zenith in its decade long fiscal stability. In such a state, US, instead of consolidating its hard-earned strength at global economic forum since reconstruction era, has opted a novice path of secluding itself and is trading words against free trade agreements, including NAFTA. China has secured all the means to exploit the playing field and is expanding its galore throughout multinational fora and showing much hardened and obvious mettle even in UN. To regain its ambivalent standing, US would need, akin to Chinese counterparts, are in sheer need to consolidate, redefine, and fortify its diplomatic front to ensure it doesn’t lose its hold on the markets that matter the most for the stability of the currency at a time when IMF is also ready to accord recognition to Yuan in its acrredited currencies pool. Thankyou @cortexx for sharing the topic and inviting steemians to express their views
You are viewing a single comment's thread from: