Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MacroBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of MacroBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Personal Finance / Macroeconomic Trends & Risks
Unthreaded | Threaded | Whole Thread (2) |
Author: OrmontUS ✭✹  😊 😞
Number: of 4582 
Subject: Who's the competition?
Date: 08/30/25 9:35 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 6
Heads of state and delegations from across Asia and the Middle East will meet from Sunday in the Chinese port city of Tianjin for the two-day summit of the Shanghai Cooperation Organization (SCO), a regional security grouping that has emerged as a cornerstone of Xi and Russian President Vladimir Putin’s drive to rebalance global power in their favor.

Beijing wants to signal that China is the indispensable convener in Eurasia, capable of seating rivals at the same table and translating great-power competition into managed interdependence. The optics are straightforward: China is not just a participant in regional order-making – it is a primary architect and host.

Chinese officials have billed the summit as the SCO’s largest yet, with the diplomacy and pageantry setting the stage for Xi to tout his country as a stable and powerful alternative leader at a time when the world’s leading superpower the United States under President Donald Trump is shaking up its alliances and waging a global trade war.

The military displays will highlight China’s rapidly developing military might, and will host Indian President Modi, North Korea’s Kim Jong Un and Myanmar’s Min Aung Hlaing alongside Putin and Russia-friendly European leaders Victor Orban of Hungary, Aleksandar Vucic of Serbia and Slovakia’s Robert Fico as well as President Recep Tayyip Erdoğan of Türkiye.

The summit also gifts Russia’s Putin an additional international spotlight, just two weeks after his Alaska summit with Trump (a major diplomatic error on the part of the US - though it did give the presidents some private space to chit-chat about old times).

While our administration is showing great friendship towards Russia by not putting tariffs or additional sanctions into place (despite piling them on India as punishment for buying Russian oil), it is obvious that Russia considers itselef the enemy of the United States and, in conjunction with China, is doing its best to create a competing trade structure.

Jeff
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to OrmontUS here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 4,576 posts about Macroeconomic Trends & Risks. The article-length ones it recommended most:
AI Tarpits · 36 recs · 2026
End of an era - profit slowdown · 36 recs · 2023
Control Panel: Trend changes in 2026 · 34 recs · 2026
From the Oregon Bay Area (a blogger) · 33 recs · 2025
Lerner Symmetry Theorem · 32 recs · 2025
Unthreaded | Threaded | Whole Thread (2) |


Announcements
Macroeconomic Trends & Risks FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Macro | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community