[alancarp]

"The President has said trade wars are easy to win. I hope he’s right."

He may have something there. With a deficit as large as we have with China (and others), it's pretty easy to figure out which country stands to lose the most...it's the one currently taking full advantage of inequity.

Even Communists can do math.

[DoodleDawg]

With a deficit as large as we have with China (and others), it's pretty easy to figure out which country stands to lose the most...it's the one currently taking full advantage of inequity.

Yeah, but China doesn't have to worry about voters whose costs go up and whose jobs go away. It doesn't have to worry about corporate donors whose stock prices tumble and profits evaporate when the economy goes into a downturn. Trump and Congress do.

Trade wars are like any other wars. There will be casualties, pain, and suffering. The winner will be the one who can take it better. Will that be us?

[mikhailovich]

I wonder how this affects our large debt to China via loans. We don’t here much about that topic anymore.