China Done

[Guest]

I think China has Trump's attention

https://youtu.be/RDrfE9I8_hs

[Templeboy]

China (the Party in power) has to worry about millions of starving people, they will not accept the starving that has happened in the past. They are watching H.K. and Taiwan very closely. H.K. will be a dress rehearsal for the bigger problems.

China is not importing beans because their pigs are dead and dying, when they reboot their barns it will take a tremendous amount of protein supplement.

Trump has all sorts of tools left, imagine a climate initiative of 5% more blend in ethanol, that would change the bean corn ratio.

China wants and needs consumers, most of them happen to be NATO member countries. We must look at the bigger picture...

[jazz]

And Trump only needs to slow china down until this works it ways through. China has a population bomb coming. Older people and no younger consumer based demographic coming up. More males than females. They cant wait out 6 yrs of Trump.

Funny how one child male centered policy has a way of torpedoing a country.

[jazz]

They need this;

[macdon02]

The*Triffin dilemma*or*Triffin paradox*is the conflict of economic interests that arises between short-term domestic and long-term international objectives for countries whose currencies serve as global*reserve currencies. This dilemma was identified in the 1960s by*Belgian-American*economist*Robert Triffin,[1]who pointed out that the country whose currency, being the global reserve currency, foreign nations wish to hold, must be willing to supply the world with an extra supply of its currency to fulfill world demand for these*foreign exchange reserves, thus leading to a trade deficit.

The use of a national currency, such as the*U.S. dollar, as global reserve currency leads to tension between its national and global monetary policy. This is reflected in fundamental imbalances in the*balance of payments, specifically the*current account, as some goals require an outflow of dollars from the United States, while others require an overall inflow.

Specifically, the Triffin dilemma is usually cited to articulate the problems with the role of the U.S. dollar as the reserve currency under the*Bretton Woods system.*John Maynard Keynes*had anticipated this difficulty and had advocated the use of a global reserve currency called 'Bancor'. Currently the*IMF's*SDRs are the closest thing to the proposed Bancor but they have not been adopted widely enough to replace the dollar as the global reserve currency.

In the wake of the*financial crisis of 2007–2008, the governor of the*People's Bank of China*explicitly named the reserve currency status of the US dollar as a contributing factor to global savings and investment imbalances that led to the crisis. As such the Triffin Dilemma is related to the*Global Savings Gluthypothesis because the dollar's reserve currency role exacerbates the U.S. current account deficit due to heightened demand for dollars

[sawfly1]

Temple boy . The US farmers are pretty pissed already about all the exemptions Trump gives oil , to get around the ethanol mandate

[mustardman]

U.S has had 47 Recessions and All under Republican Presidents

Could be another one coming with Donnie Dumbo at the wheel