Friday , March 22 2019
Home / David Stockman's Contra Corner / The Real Reason For Washington’s Attack On Huawei—It May Not Obey The Deep State’s Command To “Collect It All”

The Real Reason For Washington’s Attack On Huawei—It May Not Obey The Deep State’s Command To “Collect It All”

Summary:
In an editorial published by the FT on Wednesday, Guo hit upon what he said was the real source of the US's anxieties about Huawei: The Chinese telecoms giant threatens the US's "digital dominance" and has stoked fears of falling behind in the race for becoming the dominant power in 5G technology. Another consideration: As Snowden revealed, the US intelligence agencies are hell-bent on "collecting it all", and obedient domestic companies have been more than happy to oblige. But the growing dominance of Huawei, which operates in 170 countries and isn't beholden to Washington, makes that task much more difficult.

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes The Warfare State Uber Alles—Even Bloomberg Is Hosting Pentagon Shills

David Stockman writes The Fed’s Real Unintended Consequence Problem

David Stockman writes Censorship Tightens As Governments Lose Control—Now They Come For Your Mother

David Stockman writes The Fed’s New Balance Sheet Plan: The Ins And Outs Of Keeping .5 Trillion Of Public Debt Monetized

In an editorial published by the FT on Wednesday, Guo hit upon what he said was the real source of the US's anxieties about Huawei: The Chinese telecoms giant threatens the US's "digital dominance" and has stoked fears of falling behind in the race for becoming the dominant power in 5G technology. Another consideration: As Snowden revealed, the US intelligence agencies are hell-bent on "collecting it all", and obedient domestic companies have been more than happy to oblige. But the growing dominance of Huawei, which operates in 170 countries and isn't beholden to Washington, makes that task much more difficult.

https://www.zerohedge.com/news/2019-02-27/huawei-chairman-mocks-us-security-threat-claims-jab-snowden

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *