In this episode of Nothing Exempt, we did an interview with Dr. Harald Malmgren.
He is a non-partisan expert on trade, politics, and international relations who served in four different presidential administrations (Kennedy, Johnson, Nixon, and Ford). In this interview, we discuss the trade war, how Xi is expected to react to increased aggression on tariffs, the politics behind US-Russian relations, and why political polarization has heated up so much since the 1980s.
Highlights:
1:30 - Thoughts on Trump and his trade wars versus Europe (VGK) and China (FXI)
7:30 - Xi Jinping's expected reaction to trade news and how he handles governance generally
22:20 - Harald's role in Kennedy admin and opinion on what caused Vietnam war to escalate
27:40 - Financialization of the economy and the resulting political polarization in the US (SPY)
34:19 - The roots of the US-Russia post Cold War rivalry and animosity (RSX)
43:18 - Biggest political challenges of 21st century (inequality, industry concentration, and who will pay excess debts in the economy). These are political not pure economic questions.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
