SinoAmerican Cold War structural

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Via Chanticleer today former deputy director of the Central Intelligence Agency, Mike Morell, who is advising Magellen:

“Being anti-Chinese is a bipartisan position in the United States,” Morell said, recounting his recent chat with Democrat Senator Mark Warner, who sits on the Senate select intelligence committee and said he had shifted his position on China in the past two years from one of accommodation of China to one of opposition.

“China is the most significant foreign policy issues the US has ever faced, and that includes the Soviet Union,” Morell said. “I believe we are hurtling fairly rapidly towards a cold war with China … a cold war based on economics.”

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.