Monday, October 24, 2016

The Reason Trump Ultimately Will Lose

Whether or not Trump wins the 2016 election, his "make America great again" concept is dead on arrival.

Why? Because the banks and corporations don't want us to be "great again".

Evidence of this is everywhere. Here is but one example:

When a Chinese home-appliance company announced a plan in May to become the largest shareholder in one of Germany’s most advanced robot manufacturers, the backlash was immediate.

German politicians and European officials denounced Midea Group Co.’s offer for Frankfurt-listed Kuka AG, whose robotic arms assemble Airbus jets and Audi sedans. In a rare public appeal for alternative acquirers, Germany’s economy minister argued that Kuka’s automation technology needed to stay out of Chinese hands.

And yet in two months, Midea pulled it off. Thanks to a combination of political courtship, guarantees on jobs and security, and support from influential customers like Daimler AG Chief Executive Officer Dieter Zetsche, Midea overcame knee-jerk opposition to the deal. By July the appliance maker had secured an 86 percent stake, valuing Kuka at 4.6 billion euros ($5 billion).

The experience showed how some Chinese firms are learning to soothe misgivings about the country’s record $207 billion overseas buying spree. While Sinophobia isn’t yet a thing of the past and practices among Chinese buyers vary widely, merger-and-acquisition professionals say a new generation of savvy dealmakers is starting to emerge from the world’s second-largest economy.

You can read the rest @
http://www.bloomberg.com/news/articles/2016-10-23/china-s-art-of-the-deal-how-m-a-pariahs-became-global-players

As they say, money talks and bullshit walks. When the Chinese (or anyone else with big money) comes to the table, "outdated" concepts like patriotism, national security, and self-sufficiency are thrown out the window. It's the same in the US as it is in the EU.

Banks and corporations will continue to rule the world, and nothing Trump or anyone else can do will stop them. They're far more powerful than nation states now, and ultimately they are going to get what they want - global dominion.

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