Donald Trump openly claims he will release the CEO of Huawei, currently being detained in Canada on an American arrest warrant, should China make concessions on tariffs.
But what is the escalation really about? One opinion piece in the NY Times suggests this is really about controlling the resource of our modern age: data and the internet on which it is collected.
In the second half, Max interviews Mish Shedlock of MishTalk.com about whether or not the Fed is a graver threat to the US than the Federal Reserve Bank, as Donald Trump insists.
They also discuss the Red Queen syndrome in Japan where the Bank of Japan needs to print more and more money and buy more and more assets just to stay in the same place.
- Source, Max Keiser
