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The 2 sides of TRADE WAR & How should we position ourselves?
By EngineerInvest.com  •  April 16, 2020
PART 1 If I am Trump: My main objective is to deliver what I promise / pitch during pre-election such as on trade deficit as I have vowed to balance up with the trade deficit with China. I am known for protectionism and holding power. If given a choice, I would want US to be the world’s super power so that no one is capable of challenging us. China seems to be a rising threat!! If I am Xi: I don’t really want to negotiate with US on a fairer trade deal. The most I could do for trade deficits is by buying more US products. Isn’t it based on market demand supply? The consumer will go to whoever that sells cheaper and we have not violated any of the World Trade Organisation (WTO) rules!! But at the same time, I do not want to damage the relationship with...
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By EngineerInvest.com
2020 happened to belong to my zodiac, the Year of the Rat. Yes, I’m 35+? . Leaving my stable 6-figure per annum job as an engineer (it's really not too bad being an engineer) right after I bought my new car and amid the COVID-19 outbreak left many of my friends in disbelief. I got bombarded with many questions especially during the Lunar New Year gathering. Questions like “Don’t bluff, you received a better offer right?" Actually yes, I offered myself a job of spending more time with my family, to do what I love and to improve my wellbeing.
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