Posted on 09/12/2019 10:37:03 AM PDT by bananaman22
Trade wars and sanctions are economic weapons against rival regimes, and like actual military warfare, often lead to unanticipated and sometimes devastating blowback from the targeted regimes.
A prime example was President Obama sanctioning Russia over its annexation of Crimea. The sanctions were designed to block Russia from any access to western financing, aimed at causing a dire financial and economic crisis in Russia that would force it to relinquish Crimea and end support for Ukraine’s breakaway territories.
(Excerpt) Read more at oilprice.com ...
Bring on the blowback!
“Trade wars and sanctions are economic weapons against rival regimes, and like actual military warfare, often lead to unanticipated and sometimes devastating blowback from the targeted regimes.”
So should we have continued to let China rape us?
Oil price dot com? That’s a major news organization for sure. Do I care enough to follow the link?
Please allow me to translate the above article into non morally bankrupt, non idioteese.
“The restrictions on China are working. The plans I had for my personal portfolio are ruined.
Waaah!”
There are those who wish us to continue to be a vassal state of China.
Opinions aside, the article consists interesting facts.
Trade wars have been around since one clan blocked another access to a particularly good flint outcrop.
Get over it.
they’re missing the point. the cost of NOT having a trade war is infinitely more expensive that the cost of the trade war.
Politics is like physics. For every action there will be an opposite reaction. While Obama hardly did anything I agreed with, what else was he supposed to do? Should the US condone naked aggression by continuing business as usual? (We will skip over the reason Russia felt they could get away with the aggression was because Obama projected American weakness and lack of political resolve.) So, Trump’s actions have forced Iran, China and Russia into what must be an uneasy alliance. An analog of that alliance would be WWII Germany, Italy and Japan. Italy did things that damaged the war effort by forcing Germany to come to their rescue multiple times. Japan attacked the US with no prior warning or notice to Germany. Like Iran, Russia and China, these were not “good” allies. They were allies for convenience of the moment. You can bet they are each looking to profit off the other and at their expense. Fine, let it be so.
Iran, as a nuclear armed terrorist state, is a nightmare to the entire world. Iran has allegedly financed and trained Uyghurs and, as a result China has arrested untold numbers of them and put them in “reeducation” camps. Russia has an ongoing Muslim problem made even worse by the demographic collapse of the Russian speaking population. Within just a few years Russia won’t have the Russian speaking manpower to guard its own borders.
There will be plenty of opportunity to realign things after Iran has been put on a different path. What we need is conservative guidance for the next decade or two. Another namby-pamby Obama president is something the world can ill afford.
They point to Russia engaging in closer economic ties with China as the “bad” blowback. Same with Iran.
They could well end up fighting over their respective interests. China is an economic predator. Russia and Iran are worse off, having to rely on them. Russia has the food and oil that China desperately needs.
Clustering our rivals into dependence on the Chinese economy, before kicking the struts out from under that house of cards, is going to leave them in worse shape afterward.
-Kurt Schlichter
Ancient Roman shipping urns have duty stamps on them.
Well economic war is better than kinetic war...
If tariffs cause an overthrow of the CCP, who cares?
According to Steve Bannon and The Epoch Times, that is a possibility:
https://www.youtube.com/watch?v=HuUh8ENxfr0
This stupid article basically says that Trump didn’t forsee that our tariffs would cause China to form an alliance with Russia.
Idiots. We are on the verge of becoming a colony, yes a Colony of China, and this ding bat thinks that would be better than fighting back, drawing the line.
We’re not alone here, Folks. The whole world sees what Trump is doing, and quietly is rooting for us.
I guess this ding bat didn’t forsee that Trump would strengthen NATO either.
Naaah, lets wait for a real war, now that China is starting to build military bases all over the world, and maybe beyond
The gangster regime in Peking plays the slow game. The reason they reneged on an earlier deal is because they thought why should they do a deal with Trump when he will be gone in 2 to 6 years.
They never understood how much damage he can do them in one year alone and now they are in hurt city too stupid to admit they got their slimy butts kicked by someone smarter than they.
Xi is typical of their performers. He smiles and shakes hands and then doesn’t follow through or says he will do something about something etc.
Then we hear the real voices come out and announce the US is “disgraceful, rude, arrogant, to blame for everything, disruptive”.
These types of Chinese have always been snakes, they lie without shame and smile while they do it. The notion of “one’s word is one’s bond” doesn’t exist, couldn’t exist inside this group. Integrity is not a pathway to power in the PRC.
In HK it’s opposite. You make a deal they follow through and fall over themselves apologizing if they are late or needing to change terms. The PRC should cease to exist and HK should be set up as a court of sorts over a new administration in China. To keep control, HK should be the sole comptroller of the currency and keep all gold deposits. But HK will need military backup which they can secure via treaty.
You know, as bad as things seem to look, we could be, (”we” being humanity), like one click away from changing the overall complexion of the world, into a safer, less confrontational, more free, more modern, more advanced than at any time ever, and it could be all due to Trump.
If these bast*rds in the media and democrats etc, even republicans, would get on board and just support what is good for our country for one year, show our solidarity, it would get done.
Instead, we have to beat them. We have to destroy their party...and take over long enough to make changes that would be generational.
China may align with Russia fine, go ahead, but these companies are leaving China in droves, and they ain’t going back.
Our own Fed propps up our dollar with high interest rates. Bring those down, and the Chinese are toast.
The Russian Federation produces nothing but natural resources and China imports natural resources and exports finished products.
Apple's and oranges.
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