Posted on 03/01/2018 11:02:12 AM PST by John W
Other countries especially China have been waging economic warfare against the USA for decades.
As result 1 city in China makes 90% of the World's electronics.
The following quote is from the article I linked below. These are not my words just facts:
" Shenzhen is known as “the world’s factory” because so much of our stuff is made there. In fact, Inc. reported that 90% of the world’s electronics come from Shenzhen, including toys, televisions, air conditioning units, mobile phones and drones."
https://www.weforum.org/agenda/2017/11/inside-shenzhen-china-s-gadget-capital/
China destroyed the U.S. electronics industry.
Now china is trying to steal what's left of the U.S. steel and aluminum industries.
Yes. It all hinges on what happens next. But the populist game does not permit those who play to simply ignore the ups and downs of the stock market. I’m sure Trump took notice. And no doubt he’ll take it into consideration next time he acts.
the populist game does not permit those who play to simply ignore the ups and downs of the stock market
............
The market’s gonna up and down whether you play it or not.
Those who don’t buy and hold may have some restless nights,
but the rest of us play a longer game and sleep very well.
Investors, sure. Not politicians.
“Other countries especially China have been waging economic warfare against the USA for decades.”
Exactly. And we’re losing. Hence all the empty factories, welfare, foodstamps and general degradation of the middle class.
I watched FBN today, and so many talking heads, who I really like, were soooooo upset about the tariffs.
They all need to slapped upside the head:
American consumers don’t PAY (foreigners do), they get HIRED.
These wall street robots don’t know that tariffs increase domestic profits....
Good luck. You’ll need it.
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