A sudden tariff increase with less than a week’s notice would severely disrupt U.S. businesses, especially small companies that have limited resources to mitigate the impact,” David French, senior vice president for government relations at the National Retail Federation. “If the administration follows through on this threat, American consumers will face higher prices, and U.S. jobs will be lost.”
Another gloom and doom prediction from another Trump hater. Tell me, Rocket Man, where's that economic disaster you guys keep predicting?
1) I hate no one. I pity Trump - I don't hate him. I despise him as POTUS. But I pity the man.
2)
show me the EXACT post where I predicted an imminent, economic disaster?
You can't...and you just made it up that I did.
So long as the Fed has got the economy's back AND so long as people believe in the Fed (either out of respect or desperation) - there will be no economic disaster. The Fed is helping ONE group - the wealthy.
But as soon as the Fed runs out of bullets - and I have said this for several years - that is when the economic disaster will play out. There is a TREMENDOUS amount of cheap money sloshing around the economy that HAS to be worked through. This has been going on since 2008/9...and it will not end well - guaranteed.
Velocity of M2 Money Stock
But the Fed has been running the economy for over 10 years. And they could run it for another 10 years...maybe longer. They answer directly to no one and can literally print endless amounts of money. But the faster it happens, the better it will be for America as the less cheap money it has to work through.
Now answer my question (which you ducked), please?
And where is your link to unbiased, factual proof that a trade war with China will help America?
Or do you think the DOW tanking over 400 point yesterday morning because of trade collapse fears AND then recovering almost all of it on trade talk hopes was a sign that a trade war is what Wall Street wants?
