It was on MSN so
you definitely should ignore it.
"The idea that Trump’s impact will be limited to the goods-traded economy is also wishful thinking," he explained. "Foreigners own a critical share of US Treasury debt. Continued high demand for an asset in whose issuer the world is losing trust is the difference between a Trump recession and a Trump depression."
All of this led Luce to conclude that "Trump’s sane-washers have forfeited their credibility" given that "there is no school of foreign policy realism, or trade mercantilism, that could explain Trump’s actions."
It would be like putting Race or Mall Cop in charge.
Comments
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They should stick to their holdings in yuan.
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The "we must be winning because China is losing" argument.
sure
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Not in the least. I’m saying they don’t have a lot of options right now, and they will buy bonds like they always do.
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So you're counting on inertia.
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Someone is melting down
Must be working
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The "melting down" tell.
Race is out of ideas.
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Yeah you are probably right. They’ve already exited their currency.
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What did Rand Paul say about my posts?
I remember when you applauded his neighbor for attacking him
Anyway I'm fine. We're winning. America is winning
Of course you're enraged
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That’s right, the ghoul H did excuse the neighbor beating the shit out of Rand and also said it was nothing political. Lawn mowing or something like that was the dipshit’s take.
What a massive piece of shit you are, H.
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If we had listened to Rand we might not be here. He's right about spending
Cutting spending isn't an option for H though
Here's a gal who hates Trump
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Is this bad?
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It means we are winning is what I heard.
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Thanks, I will.
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What does Adam Smith say?
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Some are speculating that the Communist Chinese are dumping US Treasuries to make yields go up as we need to refinance our heavy debt load. That means the US Treasury could push back auctions until China doesn't have many more holdings to sell.
The USA needs to make sure that the Chinese don't use Mexico and Canada to import product into the USA. The CCP has already invested over $13 billion into Mexico to bypass tariffs from 2018.
The Chinese Communists are very bad for the USA as they lie, cheat, and steal. The people themselves are good but not their government.
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What are they buying after they sell them?
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The sky is falling, the sky is falling! Better run and hide hh………again.
Jeezus, Posting about depressions and recessions? When it doesn't happen are you going to just say you didn't say these things? Ignore how wrong you were……..again?
Such a fucking drama queen.
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Might be using some of the proceeds for internal stimulus or buying other sovereign bonds (Japan, Germany, etc).
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Could be. So if they are using that for stimulus that would be them indirectly paying for tariffs no?
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More to generate internal demand to soak up their excess supply of nearly everything. The CCP needs to keep production going to keep the peons employed. If there is more unemployment, the CCP loses legitimacy.
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China is demolishing sky scrapers that were never finished. Their internal economy appears to be digging a hole and filling it in
They need the US
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We are in a great spot here to punish them. Their economy was already a turd sandwich before this fight and our fundamentals are good….now is the time to put our foot on their throat and sweep the leg. Might never again have a better time to do this. That said, would be good to start seeing some deals from other countries….if we can get some wins in trade and start releasing pressure on the stock market will give Trump more ammo in a sustained China trade war. I am here for it. Do not let up.
