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
They should stick to their holdings in yuan.
The "we must be winning because China is losing" argument.
sure
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.
So you're counting on inertia.
Someone is melting down
Must be working
The "melting down" tell.
Race is out of ideas.
Yeah you are probably right. They’ve already exited their currency.
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
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.
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
Is this bad?
It means we are winning is what I heard.
Thanks, I will.
What does Adam Smith say?
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.
What are they buying after they sell them?
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.
Might be using some of the proceeds for internal stimulus or buying other sovereign bonds (Japan, Germany, etc).
Could be. So if they are using that for stimulus that would be them indirectly paying for tariffs no?
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.