tyb
Sniped it again
Netflix had zero barriers to entry. Anyone who played the content license game could do it. Except then it would be over-saturation. No one was given an advantage except the one's backed by the studio's-30-day window's. Ask blockbuster all about it. Oh wait you can't anymoar.
welcome fren. Glad you could join
Mnuchin says hopes U.S.-China trade talks nearing 'final round'
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agreement would go “way beyond” previous efforts to open China’s markets to U.S. companies and hoped that the two sides were “close to the final round” of negotiations.
Mnuchin, speaking to reporters on the sidelines of the International Monetary Fund and World Bank spring meetings, said that he and U.S. Trade Representative Robert Lighthizer would hold two calls next week with Chinese Vice Premier Liu He. The officials also were discussing whether more in-person meetings were necessary to conclude an agreement.
“I think we’re hopeful that we’re getting close to the final round of concluding issues,” Mnuchin said.
Beijing and Washington are seeking a deal to end a bitter trade war marked by tit-for-tat tariffs that have cost the world’s two largest economies billions of dollars, disrupted supply chains and rattled financial markets.
Among the issues under discussion are U.S. demands that China open more sectors of its economy to foreign and U.S. firms. Asked whether such an opening would go beyond what was contemplated in the 2016 Bilateral Investment Treaty negotiations, he replied:
“We are making progress, I want to be careful. This is not a public negotiation … this is a very, very detailed agreement covering issues that have never been dealt with before,” Mnuchin said. “This is way beyond anything that looked like a bilateral investment treaty.
The BIT talks, pursued by former President Barack Obama’s administration, stalled as China refused to satisfy U.S. demands to open significant sectors of its economy to foreign investment. The talks were not taken up by the Trump administration, which pursued tariffs on Chinese goods instead, leading to the current talks.
Mnuchin called the agreement under negotiation “the most significant change in the trading relationship in 40 years,” adding that it would have “real enforcement on both sides.”
https://www.reuters.com/article/us-imf-worldbank-mnuchin-idUSKCN1RP0OC
tie it to a verifiable commodity backer blockchain tech and you solve a big problem. You also MUST enforce the rules. Strip out all the bad actor's in the crypto world and take the backbone (blockchain technology, not the actual coins attached to them) and apply a commodity i.e. basket of of real things like Ag/Au. It can work because it did before. Nxon administration(not necessarily Nixon himself) removed us from the gold standard in 1971 for a variety of reasons. We got the petro-dollar system after that. Was it no wonder that in a few short year's interest rate's went through the roof? There are no coincidences.
We need to go back to what work's and as stated that will work because it did before.