Trump caves

[sealybobo]

This isn't surrender, this is a 3 week respite.

If we don’t get national security for America, Trump will use his powers as the president, and you know what that means…It means a national emergency and the wall getting built

Then the next democratic president will call a national emergency on the environment

 

[basquebromance]

my friends: the last 4 presidents, Obama, Clinton, Bush, Bush, built 700 miles of wall. there's still 1.3K of wall left, minus nature of course!

 

[Billy_Kinetta]

This isn't surrender, this is a 3 week respite.

If we don’t get national security for America, Trump will use his powers as the president, and you know what that means…It means a national emergency and the wall getting built

Then the next democratic president will call a national emergency on the environment

There is no such emergency.

 

[Moonglow]

Trump changes tack, backs 'one China' policy in call with Xi
U.S. President Donald Trump changed tack and agreed to honor the "one China" policy during a phone call with China's leader Xi Jinping, a major diplomatic boost for Beijing which brooks no criticism of its claim to self-ruled Taiwan.
Trump angered Beijing in December by talking to the president of Taiwan and saying the United States did not have to stick to the policy, under which Washington acknowledges the Chinese position that there is only one China and Taiwan is part of it.
A White House statement said Trump and Chinese President Xi had a lengthy phone conversation on Thursday night, Washington time.
"President Trump agreed, at the request of President Xi, to honor our 'one China' policy," the statement said.
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I wonder wtf his reasoning is for this?

Well I don't think many people think America having a Trade War with China is a good thing, for one thing China holds quite a substantial part of America's 20 Trillion Dollar Debt, I think China owns something like 4 Trillion Dollars of that National Debt.

If a Trade War happened, you don't want to run the risk of China taking say 1 Trillion Dollars of US National Debt they hold and dumping it on the Open Market, that would create a freak-out across the world where others who hold substantial amounts of US Dollars and US Government Bonds would start dumping those, creating a Domino Effect and the American Economy would tank very probably taking the Wall Street Stock Market with it.

It'd make the 1929 Wall Street Stock Market Crash and the 2008 collapse of Lehman Brother's look like a childrens tea party.

If China did dump it they would suffer a loss in their investment.

 

[sealybobo]

This isn't surrender, this is a 3 week respite.

If we don’t get national security for America, Trump will use his powers as the president, and you know what that means…It means a national emergency and the wall getting built

Then the next democratic president will call a national emergency on the environment

There is no such emergency.

That’s not what democrats and the next democratic president thinks.

We don’t think the border is a national emergency either. Or we don’t think the wall is the solution.

 

[basquebromance]

"America's big problem: Presidential son-in-law Jared Kushner has too much influence on Trump's immigration policy. The solution: we have to get Stephen Miller, the President's sound-on-immigration speechwriter, married to Tiffany Trump. She's nearby at Georgetown Law ..."

Update: Tiffany is engaged to a Lebanese man!

 

[Billy_Kinetta]

This isn't surrender, this is a 3 week respite.

If we don’t get national security for America, Trump will use his powers as the president, and you know what that means…It means a national emergency and the wall getting built

Then the next democratic president will call a national emergency on the environment

There is no such emergency.

That’s not what democrats and the next democratic president thinks.

We don’t think the border is a national emergency either. Or we don’t think the wall is the solution.

The emergency at the border is plain to see. Even Democrats call it a humanitarian crisis.

Climate change such as is occurring is a natural phenomenon. Stealing billions of dollars would make no difference.

 

[Billy_Kinetta]

Trump changes tack, backs 'one China' policy in call with Xi
U.S. President Donald Trump changed tack and agreed to honor the "one China" policy during a phone call with China's leader Xi Jinping, a major diplomatic boost for Beijing which brooks no criticism of its claim to self-ruled Taiwan.
Trump angered Beijing in December by talking to the president of Taiwan and saying the United States did not have to stick to the policy, under which Washington acknowledges the Chinese position that there is only one China and Taiwan is part of it.
A White House statement said Trump and Chinese President Xi had a lengthy phone conversation on Thursday night, Washington time.
"President Trump agreed, at the request of President Xi, to honor our 'one China' policy," the statement said.
-------

I wonder wtf his reasoning is for this?

Well I don't think many people think America having a Trade War with China is a good thing, for one thing China holds quite a substantial part of America's 20 Trillion Dollar Debt, I think China owns something like 4 Trillion Dollars of that National Debt.

If a Trade War happened, you don't want to run the risk of China taking say 1 Trillion Dollars of US National Debt they hold and dumping it on the Open Market, that would create a freak-out across the world where others who hold substantial amounts of US Dollars and US Government Bonds would start dumping those, creating a Domino Effect and the American Economy would tank very probably taking the Wall Street Stock Market with it.

It'd make the 1929 Wall Street Stock Market Crash and the 2008 collapse of Lehman Brother's look like a childrens tea party.

If China did dump it they would suffer a loss in their investment.

If China dumped the debt, Chinese exports to the United States would remain at the docks. One-third of the Chinese economy would disappear overnight. just as an opening salvo.