Trump Was Right, Says Jake Sullivan

 Amusing.  Both PJ Buchanan and Donald Trump said the same thing.

...Yesterday National Security Advisor Jake Sullivan held a speech on 'Renewing American Economic Leadership' which touched on some of the same themes as Yellen's speech.

Sullivan argues that the U.S. must change course from opening markets and liberalization to targeted protectionism and subsidies for specific sectors. The main argument for it is 'national security' but the real aim seems to be the suppression of competition from others.
...
Sullivan's whole speech is an argument against free markets and for protectionism and sector subsidies. It does away with the economic framework the U.S. had build after the end of the second world war. This is supposed to be replaced it with bilateral and block wise agreements that are to the advantage of the U.S., to the disadvantage of its agreement 'partners' and which exclude China and other 'hostile' economies....Moon Over Alabama quoting himself from April '23

Doh.

Moon also predicted that China will develop its own high-end chips, and it has; Huawei's chips are easily on par with the A100, and another Chinese company is making the machinery necessary to keep up the race.

Had anyone paid attention to PJ Buchanan or even Don Trump back then, instead of cashing in on China (it's always the money) perhaps the US would have a leg up on replacing TSMC, the largest chip manufacturer in the world--which will become property of Red China in the next 5 years or so.

Instead, it will be a mad scramble.

Meantime, certain parties are monetizing pharmaceuticals by taking them overseas, too.

But that's mere "conspiracy theory," right?