Yes, we get the at times, not when the ambulance is racing to get to the ER with a guy wearing 10 knives in his chest, but a setting the is less obvious, almost like the movie dead on arrival, I saw the Dennis Quaid version (1988), I never saw the original from 1950. Yet in this version the victim (USA) does not yet know that it is carrying a deadly toxin, it was the benefit Dennis Quaid had in the movie. So as we see the USA in a stage of what they think matters, we see a larger stage, the stage Regional Comprehensive Economic Partnership (RCEP) gives the people, with a still open invitation to India, it is the first time we get an economic bloc of this size where the USA is no longer a consideration, their 300 million consumers are in a stage where they can afford less and less. So as we get (at https://www.bbc.com/news/world-asia-54949260) “President Donald Trump pulled his country out of the Trans-Pacific Partnership (TPP) shortly after taking office. The deal was to involve 12 countries and was supported by Mr Trump’s predecessor Barack Obama as a way to counter China’s surging power in the region”, we need to see the partial truth that was a problem, a global one. Some give us (in regard to the TPP “Most of the gains in income would have gone to workers making more than $87,000 a year. Free trade agreements contribute to income inequality in high-wage countries. They promote cheaper goods from low-wage countries”, in addition we get “The agreement regarding patents would have reduced the availability of cheap generics. That could have raised the cost of many drugs. Competitive business pressures would have reduced the incentives in Asia to protect the environment. Last but not least, the trade agreement could have superseded financial regulations”, and there was more, so now we see the RCEP, optionally with similar issues, yet with India optionally joining we see a severe blow to patents (not good for me), but generic medication gets better protection (really good for me), and as we now get “The RCEP is expected to eliminate a range of tariffs on imports within 20 years. It also includes provisions on intellectual property, telecommunications, financial services, e-commerce and professional services”, so if that pact grows any further, we see a larger stage, one where the US and the EU see their cushy incomes diminish by well over 25%, yet it might take a decade, but it also means that the stage cannot be continued, as such their economies will need a vast overhaul in the next 5 years or living there in 2030 might not be a nice ideal in several places. So whilst the players are all about their financial services, we see a field that will vastly adjust in the next 5 years. And as I personally see it, it means that the death clock on Wall Street is pushing towards midnight. This is the consequence of catering to the greed stricken, this is what happens when ego takes over and in this case the ego of the USA and the EU are limiting their options, but the EU can always cater to Iran. And as I see it, a third of the global population is holding on to its 29% of the global gross domestic product. A stage that is a little new for a lot of us. As I see it, in 2030 when the national budgets become reality, I wonder how many people will herald the Campaign Against the Arms Trade, remember these grannies holding up the banner, stopping the arms trade against those bad bad Saudi’s? So when their pension goes down another 20% (if it still exists then), who will they blame? Will they call for Jeremy Corbyn? Will he still be alive? The same for the USA, yet here it will be president elect Biden calling the shots (he is entitled to that), but. Can they foresee the impact that the RCEP will have on their economy? I very much doubt it, yet endangering the $8,500,000,000 deal out there tends to be a really bad call, so as the RCEP will deliver to a larger population, we see a slow push take the USA from the pool of those who matter. As I personally see it, hypocritical high morals are nice, that is until the invoices come in, and these always come in.
Today the largest trade agreement in history was signed and the USA was no longer part of the big things happening, it might be a first, but it is no longer a last, that is the impact of close to 15 years of stupidity, short sightedness and ego, all set in a near package, it is efficient, I merely wonder for who it was an efficient setting, not for the USA, not for the EU, that much is certain.