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To: Yaelle

It’s complicated. There’s a difference between the US economy and the US markets. We’re such a self-sufficient country that our economy isn’t slowed much by trade wars. But other countries can be slowed down by lost exports and their inability to produce the lost imports resulting from a trade dispute. That then slows down the global economy and hits our financial markets, which can then feed back into our economy. So this is a long-term project to cut trade deficits, and vitally important. Going into a bear market in stocks doesn’t help our negotiating position and doesn’t help our President politically.


9 posted on 12/25/2018 9:21:42 PM PST by socialism_stinX (Not only does socialism stink, but when given enough time it wrecks any national economy.)
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To: socialism_stinX

I’m still too dumb to even understand your post. I am not sure which direction we should be going right now. Not understanding who or what drives our markets and which way is the right way.


16 posted on 12/25/2018 9:57:22 PM PST by Yaelle
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