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If China has the ability to CRASH the USA.... then we were already defeated
Posted on 8/5/19 at 4:13 pm
Posted on 8/5/19 at 4:13 pm
I see a lot of posts on this. Some people concerned about what it would do.
One poster: The yield curve is showing signs of a major recession coming. If Trump doesn’t get this fixed he may not win in 2020. China won’t play ball until after the election.
Look it's clear. IF China has the ability to bring the USA to it's knees, then we lost a long time ago.
No nation should have that much power over the USA
NO POLITICAL LEADER should have EVER put us into a position where that became a reality. Especially one that does NOT see the USA as anything other than an enemy.
So again.. If they have that power, you lost a long time ago and SOMEBODY has to step up to remove that threat
One poster: The yield curve is showing signs of a major recession coming. If Trump doesn’t get this fixed he may not win in 2020. China won’t play ball until after the election.
Look it's clear. IF China has the ability to bring the USA to it's knees, then we lost a long time ago.
No nation should have that much power over the USA
NO POLITICAL LEADER should have EVER put us into a position where that became a reality. Especially one that does NOT see the USA as anything other than an enemy.
So again.. If they have that power, you lost a long time ago and SOMEBODY has to step up to remove that threat
9
Posted on 8/5/19 at 4:16 pm to Jjdoc
I don’t disagree with your premise, but it’s like you are arguing with yourself.
Posted on 8/5/19 at 4:17 pm to 9th life
I'm not arguing.
Posted on 8/5/19 at 4:20 pm to Jjdoc
This is decades in the making though. Each previous president has given away a bit more of our country to Chy-na. So naturally they would come try to settle our debt at our expense.
Posted on 8/5/19 at 4:20 pm to Jjdoc
I think the poster's point was this could be a political problem for Trump. And he's not wrong to voice that concern.
Posted on 8/5/19 at 4:25 pm to Powerman
quote:
I think the poster's point was this could be a political problem for Trump. And he's not wrong to voice that concern.
Absolutely. And the Chinese are exceptional at playing the long game.
And guess which country has the political system to weather and maintain policy over long durations - even at high domestic cost?
Hint: it ain’t the USA.
This post was edited on 8/5/19 at 4:28 pm
Posted on 8/5/19 at 4:25 pm to Jjdoc
Oh ok.
Posted on 8/5/19 at 4:26 pm to Jjdoc
I heard Trump is a pretty good businessman. He might be able to figure this out.
Posted on 8/5/19 at 4:27 pm to Powerman
This is a political talk board, so obviously political challenges/potential problems are fair game.
But I do agree that this is an important perspective to bear in mind. Do we really want our President (whoever it is) acting to avoid their own political quagmires, or would we rather they do what needs to be done?
For my part, this was probably the most significant reason I pulled the lever for Trump. Can I get someone who is just willing to do what they think meeds to be done instead of polling every decision before taking any action. The China problem would have been 100x easier for someone to deal with only a decade or two prior.
But I do agree that this is an important perspective to bear in mind. Do we really want our President (whoever it is) acting to avoid their own political quagmires, or would we rather they do what needs to be done?
For my part, this was probably the most significant reason I pulled the lever for Trump. Can I get someone who is just willing to do what they think meeds to be done instead of polling every decision before taking any action. The China problem would have been 100x easier for someone to deal with only a decade or two prior.
Posted on 8/5/19 at 4:30 pm to idlewatcher
quote:
This is decades in the making though. Each previous president has given away a bit more of our country to Chy-na. So naturally they would come try to settle our debt at our expense.
It’s shameful what people will do for self enrichment, particularly people who wield political and corporate power. China should not be anywhere near a position of power but the greed of the Corporatocracy was not adequately challenged by sensible politicians.....they all got paid!
Posted on 8/5/19 at 4:31 pm to Jjdoc
quote:
One poster: The yield curve is showing signs of a major recession coming. If Trump doesn’t get this fixed he may not win in 2020. China won’t play ball until after the election.
The yield curve has been inverting because of fear among domestic investors and lots of long-term buys by foreign investors whose banks are giving rates below the RoR for our bonds or are even charging them negative interest rates (read: charging them money). When the curve has inverted in the recent past it was because investors saw a bubble about to pop (dotcom, housing) or 9/11 happened.
What we've had in this run has been economists screaming the sky is falling every quarter and given a large megaphone by the media, then the numbers come in and the beat or beat the frick out of expectations. And then the fear cycle starts again. It's like a child whose afraid there's a monster under their bed until the parent comes in and turns the light on and shows them nothing is there. They are fine right up until the light goes off again.
China devaluing their currency was the light being turned off again.
Posted on 8/5/19 at 4:34 pm to LSUnation78
quote:
The China problem would have been 100x easier for someone to deal with only a decade or two prior.
They did this before the 2008 election. They devalued the YUAN.
Posted on 8/5/19 at 4:44 pm to Jjdoc
We are crashing it ourselves with stupid and impractical trade policy.
This is on us.
This is on us.
Posted on 8/5/19 at 4:45 pm to idlewatcher
They are going to do what they can to beat him in 2020.
This is the kind of meddling that Putin couldn't dream of.
This is the kind of meddling that Putin couldn't dream of.
This post was edited on 8/5/19 at 4:49 pm
Posted on 8/5/19 at 4:50 pm to Skeezer
quote:
We are crashing it ourselves with stupid and impractical trade policy.
This is on us.
Holy friggin cow....
China just devalued it's Yuan. China is stealing IP and more.
Posted on 8/5/19 at 4:50 pm to TrueTiger
quote:
They are going to do what they can to beat him in 2020.
YEP!
Posted on 8/5/19 at 5:02 pm to Skeezer
Whats impractical with the trade policy?
Posted on 8/5/19 at 5:06 pm to Jjdoc
quote:
If China has the ability to CRASH the USA
Stop selling them food. Buy every soybean Brazil has to offer and dump them into the ocean.
Posted on 8/5/19 at 5:06 pm to tagatose
China might not be able to withstand the storm. When their unemployment spikes, look out Big Red.
Posted on 8/5/19 at 5:11 pm to zeebo
quote:
China might not be able to withstand the storm. When their unemployment spikes, look out Big Red.
They are betting on the storm actually.
All they have to do is out-wait our election and point their guns at their people to get there.
They know we don’t have that option.
This post was edited on 8/5/19 at 5:12 pm
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