There should be no fear of trade war. We should have an indisputable trade war. No fear needed. We just need 100% tariffs on products coming from China. Every dollar going to China goes to pay for their Army. It goes to pay for their pollution. It goes to pay for their hackers and lobbyists.
Every dollar in Tariffs from China pays off our national debt. The world would be better off if our China trade was half or less than it is now. The huge production in China was stolen from the US and the rest of the world. The rest of the world would be better off if China did not exist.
Not when you're adding to that debt at the rate of a trillion dollars a year.
That’s the problem. The media has everyone living in the short term. I think the 7 point Credit Suisse recession dashboard is a far better guide than just simply looking at the yield curve - for ONE day. The worse I think will happen is US companies will show lower earnings in the short term, and some things might become a little more expensive. Frankly the idea of plastic shite getting more expensive doesn’t bother me as a family provider. Already have been seeing, for as long as I have had kids, major inflation in food. Food and toilet paper when you have six kids is far more important than iphones and balloons from the dollar store.