Pretty good summation.
I asked a Chinese friend, who is about to retire from her restaurant business, if she would retire to China.
She looked at me like I was crazy, and said: No, I stay here.
PDJT put the cart before the horse when he gave big business huge tax cuts without conditions. Those cuts should have been tied to the number of jobs created and the expansion of manufacturing here at home. Let’s make more stuff right here in the USA.
Great article. I agree with it 100%. Only I do believe we should treat them like the old USSR for trade purposes and assign them least favored nation status. Outside of letting them but our commodities if they wish, it is time to end the trade relationship and take the noose of stealing our tech away from them for them to create their own industries with it and hang us competitively in world markets with the stolen tech. Throw their kids out of our STEM programs in our universities too and send them home
This article is right on the money. Proceed with the tariffs, decouple from any dependence on these goons.
I am crazy-pleased with how Trump has handled China. Of all his successes (domestic economy, North Korea, etc) I think what he has done with China is his greatest.
A+ on China
China can’t simply add liquidity to their economy to forestall further bankruptcies, without exaggerating food inflation.