As long as we continue to Free Trade with Communist China....and rack up trillions in trade deficits.....we have no standing in dealing with North Korea and their main sponsor Commie China. Both nations just laugh at us
We raise tarrifs on the Communist Chinese....and both NK. and Commie China will want to deal. Unfortunately Free Traders and Liberals are our biggest threat to national security
And when the PRC dumps a couple of Trillion $$$ worth of US Treasury Bonds onto the market? If you think the economy is in the toilet now, just see what happens when the 10 year Treasury rate is 8% within a week and the going rate for a fully conforming 1st mortgage is around 12%. Not to mention what that will do to the price of the dollar, the capital levels of banks after seeing their US Treasury portfolio decline by 10 - 15%. The potential of that is the total financial system collapse we barely avoided in 2008.
You were doing fine until the 2nd paragraph.