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re: DOW closes down 720 points after Trump's China tariffs
Posted on 3/22/18 at 4:07 pm to WXman
Posted on 3/22/18 at 4:07 pm to WXman
There haven't been any significant retaliatory measures taken by either the EU or China in response to Trump's sabre rattling yet, nor have we seen an immediate impact on domestic price increases or layoffs. You simply cannot measure the value of trade policy in the moment - not in a month, or a year, certainly not a day.
Trump is taking the same blowtorch to trade policy that he is to North Korea - force issues into headlines, keep the media aattention exactly where he wants it, begin inching towards permanent solutions behind the bluster of his own cartoonish proclamations.
Trump is taking the same blowtorch to trade policy that he is to North Korea - force issues into headlines, keep the media aattention exactly where he wants it, begin inching towards permanent solutions behind the bluster of his own cartoonish proclamations.
Posted on 3/22/18 at 4:35 pm to Muthsera
quote:
There haven't been any significant retaliatory measures taken by either the EU or China in response to Trump's sabre rattling yet, nor have we seen an immediate impact on domestic price increases or layoffs. You simply cannot measure the value of trade policy in the moment - not in a month, or a year, certainly not a day.
That's why I keep saying that now, we get to run the real @real experiment, where he goes contrary to practically everyone to try to restore things to how he remembers it from 60+ years ago, stop all these countries from laughing at us, and all the other crap he talks to rile up the comrades. Keep in mind, this great economic mind bankrupted multiple casinos and underperformed index funds for 30+ years.
quote:
Trump is taking the same blowtorch to trade policy that he is to North Korea - force issues into headlines, keep the media aattention exactly where he wants it, begin inching towards permanent solutions behind the bluster of his own cartoonish proclamations.
You're ignoring the fact that the Norks have achieved a new position of strength in the escalation of nuclear capability, so of course they're going to try to negotiate from this natural (temporary) stopping point. FFS, they mocked @real for all of 2017 by flying multiple ICBMs over Japan and exploding a thermonuclear bomb, and surprise, surprise, they used the occasion of the 2018 Olympics down south to extend an olive branch. It's laughable to think the name calling and nasty tweeting broke them.
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