The Sage of Main Street
Platinum Member
Throw a Fortune Cookie at a Stone Wall, You Get Cookie Crumbs and Shredded Fortune StripsHey you dumb ******* Republicans. Did you not think China would fight back?
Treasury Secretary Scott Bessent accused China of trying to weaken the global economy by slapping export controls on resources vital for technology.
WAAAAH. I would think the GLOBAL ECONOMY would say the same thing about Trump and his tariffs.
“If they want to slow down the global economy, they will be hurt the most,” he said in an interview with the Financial Times.
Will they be hurt the most??? How much pain are USMB Republicans willing to put up with to win the war?
Could they be doing this because Trump started it?
Oct. 9 Beijing said it won’t allow the export of rare earths materials for military use, the first time it has targeted that specific use.
Could this be because Trump and Pete changed the DOJ to the DOW?
Trump has responded with 100% tariffs on Chinese goods starting Nov. 1 and has threatened to cancel the meeting with Xi. Markets have been volatile since the dispute escalated, with Wall Street stock averages down sharply to start the day Tuesday.
“They are in the middle of a recession/depression, and they are trying to export their way out of it. The problem is they’re exacerbating their standing in the world,” Bessent told the FT.
Let's see if Trump is right about this like he has been right about everything else. LOL.
China is bluffing, like everybody else trying to extort us, such as our own crooked business sector. If Trump refuses to back down, China will. So far, that's what all Trump's enemies have done after screeching scare stories.