This isn’t just about trade imbalances either.
China is scrambling due to cash flow problems.
They thought this lopsided trade would never end. They thought they’d see large growth ever year off into the future.
Well, guess what. They aren’t. Even at 6% and something, the last quarter was a lot less than they planned for. There is a lot of debt, and they still have to service it.
They’ve looked at layoffs, and that could cause civil unrest.
Trump is resolving a military problem by his actions on trade.
China cannot be as adventurous with money getting more tight. I don’t think the screws have been fully implemented either.
The Spratleys and other places around the world may become much less troublesome as reality comes home to China’s leadership.
About time...
Trump is a clever guy.
Hey DoughtyOne,
A few weeks back somebody on FR pointed me to a video about China’s ghost cities that are fully built but nobody lives there.
Are NEW Chinese buildings really FALLING DOWN?
https://www.youtube.com/watch?v=XopSDJq6w8E
Apparently President Xi flipped the progress made in privatizing the economy. During his reign the government has instituted a much bigger government run economy.
Big mistake. Hey Dems and Fake News, this is where you’re trying to take us. No thanks!
Without animal feed, they will soon lose ability to sustain a substantial amount of their livestock operations.
He is. He was talking about this stuff years before he decided to run.