A Mouse between Two Gorillas
Over the years my blogs on macroeconomics have foreshadowed the show down between the US and China. Canada is now collateral damage and I don’t think anyone could see this coming. The conflict between our two countries is more about China projecting its image of power to its people, but what has come to the surface is the difference in the rule of law, of our nations.
Canada has detained Meng Wanzhou, CFO and daughter of the founder of Huawei, on a New York court ruling that invoked Canada’s extradition treaty with the US. China has retaliated in response by simply capturing Canadians and using laws to express their displeasure. This is something that Hong Kong has been deathly afraid of and are now responding to with estimates of hundreds of thousands, or as high as over a million, people protesting in the streets.
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