Ask HN: Has Andy Grove (Founder of Intel) lost it?
He talks about a trade war with China! I mean how can we take him seriously, he knows that they/Indians have nukes right?
Here how it goes post a trade war (which he says US must fight to win):
US starts a trade war China / India
Huge inflation in USA
Huge inflation / un employment in rest of the world
Extreme inflation due to increase in Oil cost
US/India/China/Europe start securing whatever oil they can find.
And as last brink we have a hot world closer to a world war with nuclear weapons!
These are following points which he misses due to Patriotism: 1. Indian + China have 3-4 times population of USA
2. India + China have huge smart population with high IQ: deduced from earlier point
3. USA's Tech advantage isn't as significant as it was in Cold War, Indians and Chinese can write code, make computer chips, Produce drugs (read about Indian Pharmaceutical companies producing cheaper drugs) , have decent war and space tech (exploding nuclear weapons and sending objects to moon). This isn't 1970's anymore.
4. Breaking the globalization would lead to nightmarish Inflation with loss of trust in $, so you have everyone getting a higher wage but it actually gets you lower amount of Goods.
5. A Trade war is nothing but a recipe for disaster!
I cant take this guy seriously anymore He sounds a complete xenophobe