China unprepared for trade war - Trump is right again

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j-c-c
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Re: China unprepared for trade war - Trump is right again

Post by j-c-c » Tue Jul 03, 2018 2:43 pm

David Redszus wrote:
Mon Jul 02, 2018 9:10 pm
Nobody is going to con the American people into thinking anything
I stopped reading right there,
So 40%(?) is not conned or 60%)(?) is not conned, or nobody is conned?

Need to resolve that before we move forward into your reply.

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Re: China unprepared for trade war - Trump is right again

Post by Ratu » Tue Jul 03, 2018 3:07 pm

Quoting, "IMO China, the US and many other countries are very unprepared for this trade war."

No-one is prepared for trade war. None. The costs are immense and are always borne by the people. That means you guys. Each of you individually gets to pay for all this governmental "action". None wins (well, none of you). Each of you gets to pay more for less, losing real wealth and standard of living in the process.

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Re: China unprepared for trade war - Trump is right again

Post by RevTheory » Tue Jul 03, 2018 3:17 pm

^^^Until the other country cries "uncle!" and everyone's tariffs and barriers go down and we all prosper.^^^

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Re: China unprepared for trade war - Trump is right again

Post by sanfordandson » Tue Jul 03, 2018 4:42 pm

Ratu wrote:
Tue Jul 03, 2018 3:07 pm
Quoting, "IMO China, the US and many other countries are very unprepared for this trade war."

No-one is prepared for trade war. None. The costs are immense and are always borne by the people. That means you guys. Each of you individually gets to pay for all this governmental "action". None wins (well, none of you). Each of you gets to pay more for less, losing real wealth and standard of living in the process.
well said, tariffs are just another form of taxation. Thanks trump... #-o [-X

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Re: China unprepared for trade war - Trump is right again

Post by 1989TransAm » Tue Jul 03, 2018 8:41 pm

sanfordandson wrote:
Tue Jul 03, 2018 4:42 pm
Ratu wrote:
Tue Jul 03, 2018 3:07 pm
Quoting, "IMO China, the US and many other countries are very unprepared for this trade war."

No-one is prepared for trade war. None. The costs are immense and are always borne by the people. That means you guys. Each of you individually gets to pay for all this governmental "action". None wins (well, none of you). Each of you gets to pay more for less, losing real wealth and standard of living in the process.
well said, tariffs are just another form of taxation. Thanks trump... #-o [-X
President Trump is trying level the playing field. I believe he would be fine with no tariffs.

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Re: China unprepared for trade war - Trump is right again

Post by lefty o » Tue Jul 03, 2018 9:27 pm

sanfordandson wrote:
Tue Jul 03, 2018 4:42 pm
Ratu wrote:
Tue Jul 03, 2018 3:07 pm
Quoting, "IMO China, the US and many other countries are very unprepared for this trade war."

No-one is prepared for trade war. None. The costs are immense and are always borne by the people. That means you guys. Each of you individually gets to pay for all this governmental "action". None wins (well, none of you). Each of you gets to pay more for less, losing real wealth and standard of living in the process.
well said, tariffs are just another form of taxation. Thanks trump... #-o [-X
you just figured that out, wow impressive!

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Re: China unprepared for trade war - Trump is right again

Post by Ratu » Wed Jul 04, 2018 5:49 am

President Trump has apparently suggested to the G6+1 (as it is now more honestly referred to) that all tariffs be set to zero. They refused, hence demonstrating their dishonest hypocrisy. But now the President is applying tariffs to all and sundry himself, thus demonstrating his.

If anyone believes that applying tariffs is the path to free trade, well they'd have to be the sort of person who believes that living in peace demands the starting of wars or that fornicating with those of low morality is the means to defend virginity.

Note that other countries are no longer merely sitting back and accepting the bullying of the US govt. They are striking back. So far the most effective has been the response by the Russians to the increased sanctions placed on them. They just completed selling 50% of their holding of US treasuries. They did it in a week or so. That is huge! They converted their US treasuries into US dollars and then started using those to retire debt and purchase gold bullion. Putin is the master of assymmetric response wherein he strikes back along unexpected vectors, one's that don't disadvantage his people. This has really hurt. Worse, the example has started other nations quietly along the same path. China has carefully sold of a few percent of its US govt debt. Japan has really opened the spigots and is rushing to dump what they have... Of course, none of this was well widley reported...yet.

The more this goes on the more you get to pay.

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Re: China unprepared for trade war - Trump is right again

Post by j-c-c » Wed Jul 04, 2018 11:35 am

lefty o wrote:
Tue Jul 03, 2018 9:27 pm
sanfordandson wrote:
Tue Jul 03, 2018 4:42 pm
Ratu wrote:
Tue Jul 03, 2018 3:07 pm
Quoting, "IMO China, the US and many other countries are very unprepared for this trade war."

No-one is prepared for trade war. None. The costs are immense and are always borne by the people. That means you guys. Each of you individually gets to pay for all this governmental "action". None wins (well, none of you). Each of you gets to pay more for less, losing real wealth and standard of living in the process.
well said, tariffs are just another form of taxation. Thanks trump... #-o [-X
you just figured that out, wow impressive!
Maybe from the taxpayers perspective, but its really more Crony Capitalism and picking winners and patronage.

lefty o
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Re: China unprepared for trade war - Trump is right again

Post by lefty o » Wed Jul 04, 2018 1:23 pm

j-c-c wrote:
Wed Jul 04, 2018 11:35 am
lefty o wrote:
Tue Jul 03, 2018 9:27 pm
sanfordandson wrote:
Tue Jul 03, 2018 4:42 pm


well said, tariffs are just another form of taxation. Thanks trump... #-o [-X
you just figured that out, wow impressive!
Maybe from the taxpayers perspective, but its really more Crony Capitalism and picking winners and patronage.
beats the hell out of your communist ways.

j-c-c
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Re: China unprepared for trade war - Trump is right again

Post by j-c-c » Wed Jul 04, 2018 2:53 pm

lefty o wrote:
Wed Jul 04, 2018 1:23 pm
j-c-c wrote:
Wed Jul 04, 2018 11:35 am
lefty o wrote:
Tue Jul 03, 2018 9:27 pm


you just figured that out, wow impressive!
Maybe from the taxpayers perspective, but its really more Crony Capitalism and picking winners and patronage.
beats the hell out of your communist ways.
Just to be clear, "Crony Capitalism beats the hell out of Communist ways"?

How profound, bet you can't explain that.

lefty o
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Re: China unprepared for trade war - Trump is right again

Post by lefty o » Wed Jul 04, 2018 5:28 pm

j-c-c wrote:
Wed Jul 04, 2018 2:53 pm
lefty o wrote:
Wed Jul 04, 2018 1:23 pm
j-c-c wrote:
Wed Jul 04, 2018 11:35 am


Maybe from the taxpayers perspective, but its really more Crony Capitalism and picking winners and patronage.
beats the hell out of your communist ways.
Just to be clear, "Crony Capitalism beats the hell out of Communist ways"?

How profound, bet you can't explain that.
whats profound is a loser internet troll like yourself that wants everything divvied up equally. a sure sign of a failure in life.

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