Tariff Wars Are Easy to Win

[agstar77]

Trump will put the world into a depression. More countries are adopting his stupid tariffs.

[jazz]

Nobody wins a trade war . . . .

You haven't seen the US wage one before. I would say the world is in for a hard lesson in who not to fk with.

Chinas reported debt is double what the US is and there is probably trillions more in shadow lending and hidden banking. The Chinese economy is a jenga tower and they will have to stimulate it harder than the US to keep it going. China is Japan 2.0 just watch how the US uses its financial clout to neuter rogue regimes.

US has enough gold and assets, resources to back its debt and currency of it comes to that. We will see if china has enough to back $100T in debt with a few points knocked off their GDP permanently. Sure they can tighten and go eat grass or whatever, that still wont make them a superpower.

[the big wheel]

You haven't seen the US wage one before. I would say the world is in for a hard lesson in who not to fk with.

Chinas reported debt is double what the US is and there is probably trillions more in shadow lending and hidden banking. The Chinese economy is a jenga tower and they will have to stimulate it harder than the US to keep it going. China is Japan 2.0 just watch how the US uses its financial clout to neuter rogue regimes.

US has enough gold and assets, resources to back its debt and currency of it comes to that. We will see if china has enough to back $100T in debt with a few points knocked off their GDP permanently. Sure they can tighten and go eat grass or whatever, that still wont make them a superpower.

Maybe except if everyone starts boycotting the us in trade deals. If China can fill the void of cancelled deals this could be the slow end of a superpower and it’s not China.

[jazz]

Maybe except if everyone starts boycotting the us in trade deals. If China can fill the void of cancelled deals this could be the slow end of a superpower and it’s not China.

Wheel you missed one thing. 4% of US GDP is based on exports. You are about to see a country that doesn't need anything from anyone to be the number one economy. A full quarter of chinas economy export based to the US. Simple win. What other country is rich enough to take chinas junk? Europe?

You think Baltimore looks bad, go check out the billion people without toilets in China.

What you are witnessing is a 100 yr launch of the US to permanent top dog status. China will be a mere memory just like its fake products in the land fill. Book it.

[agstar77]

An unstable impoverished China is not something to wish for. Do you even know they have nukes and ICBMs? Guess how WWII started. Japan felt economically threatened.

[AlbertaFarmer5]

An unstable impoverished China is not something to wish for. Do you even know they have nukes and ICBMs? Guess how WWII started. Japan felt economically threatened.

Caving into the bully never ends well.

Personally, I am wishing for the entire world to achieve the same standard of living as we currently enjoy, and the relative peace that would go with it, but unfortunately, that does not seem to be the goal of the UN etc who insist on enforcing energy poverty onto the world with predictable results.

[jazz]

An unstable impoverished China is not something to wish for. Do you even know they have nukes and ICBMs? Guess how WWII started. Japan felt economically threatened.

Was that before or after they attacked pearl harbour?

I think china will be fighting some pretty big civil unrest before it goes after the US. US could torpedo their currency tomorrow and cut off their oil. Like Trump said if they are so powerful let them stick some ships in the straight of hormuz and escort the oil out of that hornets nest.

[WiltonRanch]

The days of China eating grass to prove a point are for the history books. The populace aside from the Mao era folks (whom are really old or dead) won’t stand for it. The communist regime will soon find out truly how much power they have. Interesting times. I’m conflicted about this as I don’t like trump but also don’t care for communist China neither.

[malleefarmer]

See ozcanada must have ruffled feathers sask3

But must have been article about glypho on barley.

Personally know 100s of barley growers australia wide 100s and 100s and dont know a single one that uses glypho on feed barley. Not used on malt period illegal and tested for residues.

Im thinking oz canada may not even farm in oz maybe on a working holiday perhaps bit out of touch with whats actually happening here.

Called him out a few times but dont waste my time or breath anymore.

[grassfarmer]

Caving into the bully never ends well.

I concur. That's why I supported Canada's team renegotiating NAFTA despite the calls by most on here for Canada to sign an agreement quickly, and at any cost.
It also justifies China's stance in this trade war with the US.

[AlbertaFarmer5]

I concur. That's why I supported Canada's team renegotiating NAFTA despite the calls by most on here for Canada to sign an agreement quickly, and at any cost.
It also justifies China's stance in this trade war with the US.

Perhaps you just experienced it differently?

Calling Canada US relations a bully/victim relationship is akin to calling your parents bullies because they've cut your allowance down to only $1000 per week, and cut your video game time to only 40 hours per week. While living in their basement at age 49 for free.

[malleefarmer]

Dumb question from me whats new.

Trade war supposedly.

Well when is a trade war won and lost?

So the end game for usa is people buy and use more usa made products and chinese stuff becomes more expensive.

Whats a win for chinese?

Showing my economic ignorance