 |
Quote:
China wants it's cut and will get it hook or crook
, China has been getting it by crook for way too long. I have no issues with ending trade with them altogether and let's see who's economy collapsed and whose comes out on top. Trump is dancing around the issue because he is concerned about his constituency . That is not my primary concern.
Quote:
Originally Posted by tomder55
Is that what they're calling it now?
Most people say it's because Trump is a blithering idiot. By the way, how's that $4,000 Trump guaranteed all the middle class from his tax cut? Wha'd you spend it on?
Poor Bone-Spur - he said the tax cut cost him 3-5 billion dollars. This isn't from way back when - he repeated it two days ago.
Idiocy at its most blithering!
Hey Mr. Unabashed Capitalist, any sustained contraction of the global economy while the US and China escalate this trade war is going to hurt us too. If you think you can destroy China then I might have to put you in the loony category.Quote:
Originally Posted by tomder55
Quote:
Originally Posted by talaniman
You know I don't think he knows China saw you coming, this is what their belt and road is about, moving into other markets
Destroy the competition and corner the market has long been the business plan for American business, and if they can get tax cuts, tax breaks and write offs to go with subsidies more the better. Behind the scenes though China is tough and fully capable to meet the hook and crook with their own hook and crook. When the two giants butt heads the world is caught in the middle.
let them .the new markets will learn soon how the Chinese cheat and steal .Quote:
You know I don't think he knows China saw you coming, this is what their belt and road is about, moving into other markets
Tal and Athos ;Trump thinks a strong dollar is a weakness ;and that Feds should not only cut rates ;but also do Keynesian quantitative easing like they did after the financial crisis of 2008 . What he wants is the dollar at world market levels ;a very Democratic wish . I wonder how his Director of the National Economic Council Larry Kudlow sees this ? Kudlowwas a strong supporter of 'King Dollar' .
If our economy is as strong as he says it is (and I agree it is )then why do we need Keynesian pump priming ?
Trump subscribes to Modern Monetary Theory(MMT) …..something he and AOC share . MMT is a Goldilocks theory ;not too hot ,not too cold with the Fed playing referee .They advocate government stimulus during periods of economic weakness, and fiscal restraint during periods of strong growth. This is achieved with both Fed intervention , tax policy and deficit spending . And Trump is becoming the King of Debt and no proponent of King Dollar .The dollar around 2 % yield does look strong compared to Euro nation rates . For Trump to call for US rates to mirror world rates is frankly alarming .
That's all that alarms you about the dufus administration policy? No wonder you don't want to reveal WHO actually subsidizes farm bailouts. How soon before they need the next round of bailouts? Quantitative easing during a "strong economy"? Wonder where Kudlow got his degrees or does he just play an economist on TV?
This is what the bubblehead has been babbling about for years past.
https://thinkprogress.org/larry-kudl...-f02ebf47c918/
Notice a pattern here? YUP! he is always wrong!
we do .That is why I don't care for bail outs or subsidies . I have been consistent on that policy for as long as you and I have exchanged ideas here .Quote:
No wonder you don't want to reveal WHO actually subsidizes farm bailouts.
I expect Kudlow is strongly advising against this course of action. But Trump does what he likes .
True that! That's an advantage China and dictators enjoy, skimming the money the government supplies, and we are not to shabby either. If it weren't for the fallout of affecting so many millions very adversely I could agree. Vlad and Xi don't care if there people eat mud but Americans are locked and loaded and itching for a fight.
We can't have that either and Big Money knows it.
| All times are GMT -7. The time now is 04:30 AM. |