Posted on 12/07/2018 6:38:44 AM PST by SeekAndFind
The stock market plunged Tuesday, and with futures trading down heavily before the market opens shortly, it looks as though the market will have erased all of the gains in 2018 when trading resumes. The development that seems to have triggered this rebuke to President Trump's boasts about the stock market was an unprecedented event: the arrest in Canada of the chief financial officer (and daughter of the founder) of Chinese electronics giant Huawei, on a warrant from the U.S. over alleged violations of the Iran embargo.
David P. Goldman (also known as Spengler), writing in Asia Times, writes of the suspicions that trouble me as well:
[N]ever before has the United States attempted the extraterritorial rendition of a foreign citizen – Meng [Wangzhou] is a Chinese national – in connection with sanctions violations. It has imposed travel and banking restrictions, but seeking an arrest warrant for this is entirely without precedent.
The timing was precise:
Meng was arrested on December 1, the day that President Trump and his economic team dined with President Xi Jinping and his advisers at the Group of 20 Summit in Buenos Aires. Trump has every interest in striking a deal with China that would enable him to declare some measure of victory in a trade war, and China has shown every indication that it is willing to make concessions to the United States on intellectual property protection, financial market opening and, at least in rhetoric, on industrial policy, while increasing its imports from the United States.
The question is: Who ordered the arrest, and why?
Goldman sees two general possibilities: that Trump knew about and approved the arrest (despite the probably negative effects on the trade deal he seeks) or that he was not witting.
(Excerpt) Read more at americanthinker.com ...
On B:
It is complex. There is more in play than just the tariffs, more factors (e.g., the Fed, a rogue corporation that controls our money), and more motives (e.g., They want it to tank, to hurt a nationalist president).
To the extent that it genuinely hurts the stock market, it is precisely because the current set-up is anti-American. Globalists are exploitative, and do not want their damaging schemes damaged.
Tariffs were a perennial plank in the authentic Republican Party platform before globalist Trotskyists calling themselves Neoconservatives usurped the party after WWII. I have yet to hear a single anti-tariff Neocon honestly address this.
Tariffs can be a powerful tool, as a weapon or as a threat.
Trump is pro-America. Today’s stock market corporations are not; they are fleecing America, and they do not want anyone interfering with that.
Of course that is going to cause trouble. Who ultimately gains the ascendancy has yet to be seen. Probably they will win. Trump is surrounded by Neocons.
Corporatism (a kind of fascism), monopolism, and globalism are not conducive to a free market.
Anything to advance the cause. Pathetic traitors.
I keep hearing complaints about Tariffs but I recall hearing that theyre were already 12,000 before Trump even put one Tariff in play.
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