Obama Throws Brics Under the Trade Bus
show comments
  • Kenny

    “Via Meadia does not know how long it will take before fashionable intellectuals in the US and elsewhere actually notice how the world works, but we await that awakening with interest.”

    Don’t hold your breath waiting, Mr. Mead.

    Our ‘fashionable intellectuals’ seem to hate the West and America in particuilar, and it is that which blinds them to reality more than their apparent stupidity.

    I’m afraid we’ll have to wait for this generation of self-loathing ‘intellectuals’ to die out before that class can preform respectably again.

    And when I say ‘self-loathing, please understand that I mean loathing for their country and civilization (and often even their gender and race, too). As for themselves, they’re a proud a peacocks.

  • Joseph Laurino

    Do you think it is unwise for the US to further tie itself to two economies(Europe and Japan) which will suffer due to a rapidly depleting and aging population? In my opinion if a new economic bloc is to be created it would be wiser to center it around the Western Hemisphere and Pacific than the sick man of Europe.

  • Luke Lea

    @ WRM-“Free trade purists and advocates for the poor will not like the new pattern. Via Meadia shares these concerns, . .

    These free trade “purists” don’t even understand the theory they advocate. If they did they would have understood why out foolhardy liberalization of trade with a country like China is the tragically destabilizing force that it is. “Purists” who sacrifice the welfare of their own fellow citizens, undermine the economic foundations of their nation, and endanger the peace of the world, all in the pursuit of an abstract ideal — well, how bad does it have to get before a journalist like Mead can plainly see the error of their ways?

  • Jacksonian Libertarian

    The WTO like the UN has been just another ugly failure. For a long time Regional and Bilateral trade agreements have been where all the progress has been getting made.
    Even Obama could no longer stop the passage of the Columbian, South Korean, and Panamanian free trade agreements. Obama is so lame the Asians manipulated him into position between themselves and China, and now the Asians and the EU have forced him into trade negotiations. You know it’s because everyone knows Obama never comes out on top in a negotiation, and the next president is unlikely to be so lame.
    The American Global Trading System is showing great strength with this response to Great Depression 2.0. To go into trade negotiations when the EU and the Euro are breaking up, Japan is going into another down turn, and the American economy is being starved for job creating investment capital by voracious government borrowing, rather than pass protectionist legislation like Smoot-Hawley is just plan smart. Maybe mankind can chalk this one up as a lesson learned.

  • “Free trade purists … will not like the new pattern”

    Why not? Unless the situation is that the BRICs are pushing for more free trade than the US under Obama is willing to stand, going around them sounds like an excellent idea to me.

    Besides, anything that [is bad for the interests of] the Chinese Princes HAS to be a good thing, no?

  • Nate

    Agree with #2. Why tie yourself to the EU and Japan, which are aging so rapidly? Moreover, many members of the EU haven proven themselves to be dishonest, corrupt, and not very good at following rules either.

© The American Interest LLC 2005-2017 About Us Masthead Submissions Advertise Customer Service
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.