Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Poison Pill

Poison,

Lots of places want to grow, Hell China and India combined are about a 1.3 of the worlds population.. but desire to grow, and actual growth are 2 different things and take a long long time to happen.

The US consumption is in no way on the verge of being replaced by any single, or even group of nations....

Someday that may not be the case, but it will be the case for a long long time yet.

You cannot replace the US consumer... China knows this.. without it, they risk economic and social instability... which is why, if we ever truly get into a trade war... a REAL trade war... China loses.

Take a look at this:

https://en.wikipedia.org/wiki/List_of_largest_consumer_markets

Now, tell me, what markets on that list is China not already exporting to? The top 3 are the US, the EU and China... China is already active with ALL of the top players... so tell me, where do they get to expand to replace the 13 TRILLION DOLLARS of consumption that the US economy has??? When the nations that are available to them, that they haven’t tapped measure their entire domestic consumption in 200 Billion or less??

China knows it can’t win a real trade war... without US cash influx, its own internal growth and consumption collapses.. they are in full on recession within months if the spigot stops, and political unrest shortly thereafter.

There is no calculus where China wins a trade war with the US... A consumer can always do without.. an producer needs the consumer to live.


39 posted on 09/10/2018 9:24:45 AM PDT by HamiltonJay
[ Post Reply | Private Reply | To 33 | View Replies ]


To: HamiltonJay
They don't need to replace the the US consumer. That market may slow, but it will not go away. What they need is for internal consumer growth to pick up, which it will, and some orher new markets to pick up the slack. That isn't a tall order over the next 2 years or so.

That's why they aren't rushing to work this out. The voting block that controls the GOP wants this, and they will agitate for it even if it creates inflation and harms the economy.

61 posted on 09/10/2018 10:24:18 AM PDT by Poison Pill
[ Post Reply | Private Reply | To 39 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson