You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Submit your comments on this article
China-Japan-Koreas
Trump has Red China reeling
2018-08-17
[Don Surber] Omarosa. The show trial for Paul Manafort. These are the things CNN chipmunks chattered about endlessly the last few days. But CNN has no news judgment because it is run by a moron with a Harvard degree and a Napoleon Complex.

To find the news, I read the South China Morning Post, which is worried spitless that the Red Chinese economy will tank like its stock market has.

(Its stocks overall have declined in value by 40% in the last three years. Our stocks are up 33% since we elected Trump. In the eight years from Obama's election to Trump's, the Dow rose by 33%.)
Posted by:Frank G

#2  China is far ahead of the USA in the "collapse gap" - regardless of Trump's actions. Virtually all large nations are virtual deadbeats, in the sense that they can never pay off the debts they have accumulated. China is much closer to economic collapse than the USA is. The whole world is vulnerable to the ongoing greatest debt bubble in world history.
Posted by: Anguper Hupomosing9418   2018-08-17 14:03  

#1  Whenever folks talk about trade wars they assume both sides are equally damaged. That might have happened before the Great Depression but hardly seems the most likely scenerio and Trump was able to see the situation clearly.

China seems to have two options: (1) Losing face and agreeing to Trumps terms = America wins (2) Continuing as before and watching their economy collapse = America wins.

There is a war option as well but I think the odds of that are insignificant.
Posted by: rjschwarz   2018-08-17 09:56  

00:00