This is an eye opening post. What little moral authority the US retained after the debacles in Vietnam and Afghanistan, to mention just two interventions, is fast evaporating. What is the prospect that Japan might stand up? Or are the actors securely bought?
Superb analysis by an exceptional economist and Japan specialist. The bottom line; if you think Trump's economic policy, i.e., the grandiose grift that promises to gut future American growth, will work, he has multiple bridges to sell you.
It is extortion, but it works. Japan and South Korea crave American carrot and fear American stick.
This is an eye opening post. What little moral authority the US retained after the debacles in Vietnam and Afghanistan, to mention just two interventions, is fast evaporating. What is the prospect that Japan might stand up? Or are the actors securely bought?
Superb analysis by an exceptional economist and Japan specialist. The bottom line; if you think Trump's economic policy, i.e., the grandiose grift that promises to gut future American growth, will work, he has multiple bridges to sell you.