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Thread: China Tariffs Are Biting...HARD!

  1. #1
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    Northern Rivers's Avatar
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    If you don't practice...you'll sound like it. And, if you don't tune, your life will sound like it, too. Listen to the intervals. That's where it all hides from you.....

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    Taxcutter's Avatar
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    Xi has to make a deal, and soon.

    China lifted its economy from Africa levels to where they are today on cheap labor, zero regulations, heavy tariffs on imports (other than energy) and a very weak yuan.

    The combination of a weak yuan and heavy tariffs has made the Chinese worker little more than a slave. Work like hell and get very little buying power to show for it.

    Dumping US securities reduces the value of those securities just makes China that much poorer. Trump doesn't care. Bond-issuers get their money up front.

    Dumping US securities will accelerate capital flight (Xi calls that "corruption.")

    Xi enjoys such a lopsided advantage he could give Trump 90% of what he is asking for and China would still retain much of its competitive advantage.

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    RMNIXON's Avatar
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    It would help if our media would get on our side and not the Chinese against Trump!
    "Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free."

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    Quote Originally Posted by RMNIXON View Post
    It would help if our media would get on our side and not the Chinese against Trump!
    One of our big problems is that "OUR" media isn't our media. It's the media of the democrats. And their view is that the democrat goals are more important than the truth or for that matter anything else.

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