Bureaucracy and RegulationLabor and WagesProtectionism and Free Trade
In the second half of the twentieth century, pro-union and anti-trade policies led to a Rust Belt that became uncompetitive, costly, and unable to cope with reality. More protectionism won't save the region now.
StrategyWar and Foreign PolicyWorld History
"Here's the problem. If you give government a job to do, even one that seems justified in the abstract, it will use its power to make a terrible mess in practice."
Huawei’s 5G global ambitions, coupled with the global trade effort known as the "Belt and Road Initiative" means the US government is motivated to undermine Hong Kong's monetary stability.
War and Foreign Policy
Monopoly and CompetitionPrivate Property