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2018-08-17 China-Japan-Koreas
Trump has Red China reeling
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Posted by Frank G 2018-08-17 00:00|| || Front Page|| [3 views ]  Top
 File under: Commies 

#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||   2018-08-17 09:56|| Front Page Top

#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||   2018-08-17 14:03|| Front Page Top

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