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(Updated: )
Lam Chian Leong
(1) The equaliser that bring peace is "Trade" (Commerce, Business, Investment) - which bring "Mutual Benefits" (through Mutual Prosperity).
(2) Thus skirmishes, confrontation and conflict will be greatly reduced - as there are no incentives to fight one another - and cause mutual destruction - as "Commerce" maintain and build Countries relationship.
(3) But when "Trade" breakdown - "Mutual Benefits and Mutual Prosperity" are no longer the equaliser that keep relationship between and among the Countries together. Then chances of military skirmishes become possible.
(4) The tariff trade war brought about by Trump and the subsequent breakdown in the trade talk with China --- is now making South China Sea a potential "hotspot" for conflict --- as temper rise and tension may rise.
(5) In the 1930s, when US started a tariff trade war with the whole World - World War 2 erupted shortly after.
(6) The current tariff trade war launch by Trump - mirror the 1930 tariff trade war launch by US.
(2) Thus skirmishes, confrontation and conflict will be greatly reduced - as there are no incentives to fight one another - and cause mutual destruction - as "Commerce" maintain and build Countries relationship.
(3) But when "Trade" breakdown - "Mutual Benefits and Mutual Prosperity" are no longer the equaliser that keep relationship between and among the Countries together. Then chances of military skirmishes become possible.
(4) The tariff trade war brought about by Trump and the subsequent breakdown in the trade talk with China --- is now making South China Sea a potential "hotspot" for conflict --- as temper rise and tension may rise.
(5) In the 1930s, when US started a tariff trade war with the whole World - World War 2 erupted shortly after.
(6) The current tariff trade war launch by Trump - mirror the 1930 tariff trade war launch by US.
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Lam Chian Leong
(1) It will have a serious consequences if US tariff trade war run out of control.
(2) Frantic attempts to shore up the economies of individual nations through protectionist policies, such as the 1930 U.S. Smoot–Hawley Tariff Act and retaliatory tariffs in other countries, exacerbated the collapse in global trade. By 1933, the economic decline had pushed world trade to one-third of its level just four years earlier.
(3) The 1930s were dominated by the Great Depression in the United States and the rise of Nazi Germany in Europe. This momentous decade ended with the beginning of World War II in Europe with Nazi Germany's invasion of Poland in September 1939.
(2) Frantic attempts to shore up the economies of individual nations through protectionist policies, such as the 1930 U.S. Smoot–Hawley Tariff Act and retaliatory tariffs in other countries, exacerbated the collapse in global trade. By 1933, the economic decline had pushed world trade to one-third of its level just four years earlier.
(3) The 1930s were dominated by the Great Depression in the United States and the rise of Nazi Germany in Europe. This momentous decade ended with the beginning of World War II in Europe with Nazi Germany's invasion of Poland in September 1939.
Foong Mun Loh
talking cock once in a while to justify his own existence..........
Eddie Lim
according to taiwan media, war in south china sea is very real, as china already deployed all their new SU35 to airbases close to south china sea.
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