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Trump doesn't talk as much about trade deficits anymore. Maybe because they're getting worse

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posted on Sep, 20 2018 @ 05:39 PM
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a reply to: Cassi3l

If China sold their US dollar reserves, then they'd lose the only real bargaining chip they have against the largest economy in the world and, by far, the largest consumer market in the world. Since the Great Recession ended, we've added $5 Trillion to the national GDP, China has added $5 Trillion to theirs as well... that was with trade policies advantageous to China and disadvantageous to the US. Do you really believe China can do eff-all with their free ride into the US markets stymied by intelligent, much needed US protectionist policies in place? I certainly don't think so... say hello to the yappy dog on the other side of the fence, because that's truly all China is.

As an aside, the US built the most dominant economy in the world while also constructing the most powerful military in the world... China focused on building the second most powerful economy and a middle of the road military that has the numbers game covered but little else. Again, China can and will do nothing and learn to like it.




posted on Sep, 20 2018 @ 05:47 PM
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originally posted by: Cassi3l
a reply to: Subaeruginosa



I'm talking about all those poorly payed hard working Americans out there.


What do you buy, that these guys ^ make ?


So, just more deflection then?

Didn't your mother ever teach you that its rude to answer a question with a question?

lol...

Anyway, once again...



Whats Trump done, or even proposed to do, that would allow them to reap the benefits of this so called booming economy?



posted on Sep, 20 2018 @ 06:05 PM
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originally posted by: Cassi3l


How about a scenario where
backed up economically
China decides to
Sell off part of it's $ reserves
l


I love scenarios that have China devaluing our currency. Makes our exports easier/cheaper to export, makes foreign imports less attractive than domestic products helping domestic manufacturing, makes it easier to buy back notes and lower our debt, and most hysterically, all our debt to China is in US dollars. So if they want to devalue their holdings, by all means, go for it.



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