This down turn is nothing like the last one in 2008. But there is a bubble that is bursting just like last time. This time its China. And the European debt is a problem as well. We are in great shape. We have no problems, unless you want to count the foreign lobbyists trying to get our country to help them out. Or if you count our international companies that will try to get our government to help them out in the rest of the world.
The China bubble is the big thing. And we should let it pop. Extra money in China is being used for no good purpose. It is funding the China navy and army. And it is funding the Chinese hackers and techno-tyranny. We should treat China like an equal and put tariffs on all their stuff. China is a first world country hiding inside a third world country. There is no reason to think our money is going to latter as long as the former calls all the shots.
The best we can do for the world is to tariff everything from China. It lowers our debt. It weakens China’s military. It lowers Chinese pollution. And it encourages the CCP to spend its money helping the people so they don’t revolt. Everybody wins.
That makes common sense so that is why it won't get done. Goldman Sachs runs the country and they are religious gloBULList zealots. There are bunch of those worm tongues in the Whitehouse.