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To: dynoman

> China has offered to significantly boost its purchase of U.S. goods over a six-year period in an effort to re-balance trade <

Now that’s funny right there. Because it’s an empty promise. My prediction: China will be boosting US purchases only while the heat is on. After things settle down, it’ll be back to business as usual.


12 posted on 01/18/2019 2:03:12 PM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: Leaning Right

I think they will buy key assets. Perhaps oil and gas companies, large tracts of land and food companies and farms.


17 posted on 01/18/2019 2:08:20 PM PST by BipolarBob (Occasional-Cortex " Just because I don't know what Armageddon means, it's not the end of the world".)
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To: Leaning Right

And if they do, the sanctions will go right back on. Do you really think you’re smarter than Trump and his trade advisors?


29 posted on 01/18/2019 2:22:41 PM PST by bigbob (Trust Trump. Trust the Plan.)
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To: Leaning Right
> China has offered to significantly boost its purchase of U.S. goods over a six-year period in an effort to re-balance trade <

That anticipates a second term for President Trump.

I see this as a smart move by the Chinese. They hold at least that much U.S. dollar denominated debt.

They get to turn essentially worthless debt (which the U.S. can write off anytime with a simple digital transfer) into concrete things like U.S. companies, high-end technological manufacturing equipment, agricultural products and oil.

52 posted on 01/18/2019 3:12:59 PM PST by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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