Posted on 05/16/2019 8:29:41 AM PDT by Kaslin
When an article begins with, “Just about everyone understands…” or “There can be little doubt…” you know that the author has a weak case.
Investors Business Daily’s post, dated May 10th begins just like that:
“Just about everyone else understands that the Trump trade war will be bad for US investors, consumers, retailers and manufacturers. The trade war will hit consumer spending and could freeze business investment in the US. It will damage American business prospects in the world's second largest economy. It will hurt global growth and pressure global financial markets. The longer this takes to sink in, the greater the damage to the U.S. economy.”
While Donald Trump’s critics see the trade war through the prism of a hundred dollar price increase for washers and dryers or impact on the cost of footwear, Trump sees the rise of China as a major economic and geopolitical threat.
Trump understands what most economists and Investors Business Daily are missing. In this new world economy, the United States does not have a competitive advantage by virtue of high productivity based on superior organization and advanced technology. Nowadays, if you know what you want and have the money, practically anything can be bought. Project financing is available to anyone anywhere in the world, provided by multilateral lenders and a syndication of investors worldwide. The technologies are available to anyone willing to pay for them, and information is available to anyone with a computer or an iPhone.
(Excerpt) Read more at americanthinker.com ...
That's really good. I just said this on another thread: When America imposes tariffs, they're called Trump tariffs. But when China imposes tariffs, they're NOT called Xi tariffs.
Mention Taiwan as a new source to build a relationship and watch Xi and the rest of his cronies go bonkers to make a deal.
I’ve read from a credible source that they have some 300 million people living very similar to how they did 1000 years ago
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