What is driving this trade war?

[Hector12]

Except engaging in world economics. Right now their economy is falling apart. Nothing smart about that.

Post evidence that the Chinese economy is falling further and faster than the U.S. economy.

 

[krichton]

The stock market is not crashing, in fact stocks across the board have been rising this week.

How countries even out their trade imbalances with the US is simple. They start having tariffs that are not greater than U S tariffs imposed on them.

Note also that since the new tariff policies, the US has been raking in immense amounts of money. 70 countries cooperating now with Trump - except China which is coming apart at the seams.

Stocks have been rising only because millionaires and billionaires are buying low on stocks that have crashed because of Trump.

Their tariffs serve a purpose in their country, just like the ones we use when imports come into ours. Making an argument for evening out trade imbalances through the use of tariffs shows a deeply confused misunderstanding of global trade.

The US has made some money as a result of gauging American citizens, but at the expense of destabilizing our economy and alienating long standing allies. This is the ultimate definition of the saying, penny wise and pound foolish.

How can 70 countries be "cooperating" with the US when we haven't heard a single peep from our biggest trading partners who should be spearheading the way to fall to their knees before Trump? If anything it's been the direct opposite.

 

[Correll]

Explain. Talk me through it. How?

The big advantage was always their vast amount of cheap labor. THey have aged out of that, and their labor is no longer that cheap, nor that skilled.

They still have the production, out of inertia, but any disruption and the jobs will go away and not come back. THey have failed to build up internal domestic consumption to make up any loss of the trade surplus. Which was a massive failure on their part.


Much of the wealth that was sent to them, was spent building up unneeded real estate, that represents a lot of the savings of their people, and most of that is worthless. So, there is going to be a lot of political pressure from THAT, when peopole realize that they are a lot poorer than they thought they were and there is no way to fix that.

The legitimacy of hte governmen rests solely on the economic benefits that they have achieved. When the realization that much of that was pissed away, is made, that will lead t political unrest.


IMO.

 

[cnm]

The big advantage was always their vast amount of cheap labor. THey have aged out of that, and their labor is no longer that cheap, nor that skilled.

They still have the production, out of inertia, but any disruption and the jobs will go away and not come back. THey have failed to build up internal domestic consumption to make up any loss of the trade surplus. Which was a massive failure on their part.


Much of the wealth that was sent to them, was spent building up unneeded real estate, that represents a lot of the savings of their people, and most of that is worthless. So, there is going to be a lot of political pressure from THAT, when peopole realize that they are a lot poorer than they thought they were and there is no way to fix that.

The legitimacy of hte governmen rests solely on the economic benefits that they have achieved. When the realization that much of that was pissed away, is made, that will lead t political unrest.


IMO.

The biggest load of hopeful falsehoods and ignorance I think I've read on this bored, and that's saying a lot. One can see just how Chump was enabled to damage the US so easily.

 

[protectionist]

Post evidence that the Chinese economy is falling further and faster than the U.S. economy.

 

[protectionist]

How can 70 countries be "cooperating" with the US when we haven't heard a single peep from our biggest trading partners who should be spearheading the way to fall to their knees before Trump? If anything it's been the direct opposite.

FALSE! Dozens of countries whom we HAVE heard from, are cooperating/negotiating with the US, including the 4 countries of the UK, the 27 countries of the EU, and Japan.

 

[protectionist]

The biggest load of hopeful falsehoods and ignorance I think I've read on this bored, and that's saying a lot. One can see just how Chump was enabled to damage the US so easily.

Empty, hot air rhetoric. If you're going to post, say something.

 

[Dorian Mode]

The thing to avoid here is the duality of politics and look at the situation from the perspective of a neutral third party. From that perspective it becomes very clear that both sides are in bad shape and either could collapse with the right impetus. Trump knows this and Xi knows this and both are setting up their war strategies. I think China is betting on the crash being 10X harder for the US to recover from, whereas China still has massive motors of productivity to ease any crash. I think Trump is betting on military might and control of international finance. The bad news is I think both sides are willing to go to war rather than capitulate. Then the whole world faces collapse.

 

[Mac1958]

The thing to avoid here is the duality of politics and look at the situation from the perspective of a neutral third party. From that perspective it becomes very clear that both sides are in bad shape and either could collapse with the right impetus. Trump knows this and Xi knows this and both are setting up their war strategies. I think China is betting on the crash being 10X harder for the US to recover from, whereas China still has massive motors of productivity to ease any crash. I think Trump is betting on military might and control of international finance. The bad news is I think both sides are willing to go to war rather than capitulate. Then the whole world faces collapse.

I can understand that, and I think it's a fair concern.

But looking at his history, Trump isn't nearly as tough as he pretends to be. He's already blinked several times on tariffs, his strong words yesterday mean absolutely nothing today (and the world knows it now), and I have no doubt he'll grab the first chance he gets to claim some kind of victory to get out of this.

He'll call it the greatest victory ever, the flock will cheer, and we'll move on. The question is how much damage will be done in the interim.

Trump made this situation far worse than it has to be by mocking, threatening and insulting our (former) friends and allies on a variety of topics, and now he expects them all to push China away and get in line. What's their motivation after what he's done? Xi and China won't fold easily. Trump will have to, once he has his story nailed down.

 

[cnm]

The thing to avoid here is the duality of politics and look at the situation from the perspective of a neutral third party.

The one where Chump started it all?

 

[Dorian Mode]

I can understand that, and I think it's a fair concern.

But looking at his history, Trump isn't nearly as tough as he pretends to be. He's already blinked several times on tariffs, his strong words yesterday mean absolutely nothing today (and the world knows it now), and I have no doubt he'll grab the first chance he gets to claim some kind of victory to get out of this.

He'll call it the greatest victory ever, the flock will cheer, and we'll move on. The question is how much damage will be done in the interim.

Trump made this situation far worse than it has to be by mocking, threatening and insulting our (former) friends and allies on a variety of topics, and now he expects them all to push China away and get in line. What's their motivation after what he's done? Xi and China won't fold easily. Trump will have to, once he has his story nailed down.

I can tell you one thing, the problems that America now faces are real and greatly threaten the American way of life. And these problems precede Trump and go back to how it managed the Cold War. And many problems have plagued the country since its inception, like the power of the banking lobby. Up until now the government refused to address these problems and created new problems to go on top of old problems. Today there are two courses to choose from, do nothing and let everything collapse and America loses its influence in the geopolitical spectrum, or try to do something to avoid collapse for as long as possible, and maybe even save the situation. One thing is guaranteed, if half the country is doing everything possible to resist Trump because of partisan politics, the system will definitely collapse, and most likely in the near future. China and many other countries are working to make America collapse and become irrelevant in global politics. So, choose your side carefully.

 

[Mac1958]

I can tell you one thing, the problems that America now faces are real and greatly threaten the American way of life. And these problems precede Trump and go back to how it managed the Cold War. And many problems have plagued the country since its inception, like the power of the banking lobby. Up until now the government refused to address these problems and created new problems to go on top of old problems. Today there are two courses to choose from, do nothing and let everything collapse and America loses its influence in the geopolitical spectrum, or try to do something to avoid collapse for as long as possible, and maybe even save the situation. One thing is guaranteed, if half the country is doing everything possible to resist Trump because of partisan politics, the system will definitely collapse, and most likely in the near future. China and many other countries are working to make America collapse and become irrelevant in global politics. So, choose your side carefully.

I don't know how this improves as long as tribalism controls our politics, and that's a function of our political/electoral "system", which only incentivizes and rewards the very worst impulses of its participants.

The Constitution was a result of communication and collaboration across the political spectrum. It meant that EVERYONE had skin in the game -- as compared to now, where one party tries to shove its entire agenda down our throats and the other party does everything it can to sabotage everything.

If we don't fix this system, it's tough to imagine much improvement. And we don't appear to care enough to do so.

 

[cnm]

The Constitution was a result of communication and collaboration across the political spectrum. It meant that EVERYONE had skin in the game

Dude. What Kool Aid have you drunk that white male property owners are everyone? Especially when there was no collaboration with the property whose skin others used in the game.

 

[Dorian Mode]

I don't know how this improves as long as tribalism controls our politics, and that's a function of our political/electoral "system", which only incentivizes and rewards the very worst impulses of its participants.

The Constitution was a result of communication and collaboration across the political spectrum. It meant that EVERYONE had skin in the game -- as compared to now, where one party tries to shove its entire agenda down our throats and the other party does everything it can to sabotage everything.

If we don't fix this system, it's tough to imagine much improvement. And we don't appear to care enough to do so.

Hate to break the bad news to you, but the tribalism exists on both sides. While it is popular to blame Trump for everything including this tribalism, this predates Trump and the tribalism goes back for decades. One must also be introspective and ask if they too are tribalistic, and that certainly includes the entire left. Then, a critical thinker would be forced to ask the question: Is Trump just reacting to the tribalism of the left as much as he is reacting to the tribalism of the right? Yeah, the system is broken because there are two parties that refuse to work together, even on the things the two parties have in common. Which party will be the better person and start to collaborate before the entire political system crashes?

 

[Mac1958]

Hate to break the bad news to you, but the tribalism exists on both sides.

Of course. I didn't specify sides when I mentioned tribalism. Both ends of our spectrum contribute to it, because they share many counterproductive behaviors.

Which party will be the better person and start to collaborate before the entire political system crashes?

I don't know. I can't think of a situation where that happens right now. In that case, we just keep limping along and decaying. I hope I'm wrong.

 

[cnm]

Which party will be the better person and start to collaborate before the entire political system crashes?

But isn't the system working to design? Every representative is freely elected and has a free vote.

The US must want this.

 

[Correll]

The biggest load of hopeful falsehoods and ignorance I think I've read on this bored, and that's saying a lot. One can see just how Chump was enabled to damage the US so easily.

I see that you expressed disagreement with my post.

I notice that you were not able to explain what specifically I got wrong, nor make any specific counter arguments.


Indeed, you really said nothing, other than expressing your disagreement and insulting me. Oh and some baby talk about the President.


This is what liberals think of as DEBATE, today. Assert their disagreement, insult people, talk like a baby and declare victory.

It used to work, when the legacy media could carry water for them.

Not any more.

 

[Mac-7]

It's all he's ever known. It's the only way he knows how to do things.

And if you don't agree with the WAY he wants to fix a problem, the rubes will say you don't want the problem fixed AT ALL.

And if you disagree with Mac1958 he will call you a rube

 

[Mac-7]

I see that you expressed disagreement with my post.

I notice that you were not able to explain what specifically I got wrong, nor make any specific counter arguments.


Indeed, you really said nothing, other than expressing your disagreement and insulting me. Oh and some baby talk about the President.


This is what liberals think of as DEBATE, today. Assert their disagreement, insult people, talk like a baby and declare victory.

It used to work, when the legacy media could carry water for them.

Not any more.

I reviewed post 604 and you are absolutely correct

You posted solid information about communist china and cnm had nothing except insults

 

[sealybobo]

The big advantage was always their vast amount of cheap labor. THey have aged out of that, and their labor is no longer that cheap, nor that skilled.

They still have the production, out of inertia, but any disruption and the jobs will go away and not come back. THey have failed to build up internal domestic consumption to make up any loss of the trade surplus. Which was a massive failure on their part.


Much of the wealth that was sent to them, was spent building up unneeded real estate, that represents a lot of the savings of their people, and most of that is worthless. So, there is going to be a lot of political pressure from THAT, when peopole realize that they are a lot poorer than they thought they were and there is no way to fix that.

The legitimacy of hte governmen rests solely on the economic benefits that they have achieved. When the realization that much of that was pissed away, is made, that will lead t political unrest.


IMO.

I applaud, ven agree with you. I told another liberal about you and how supply and demand should be raising wages. He hugged me and said I was delusional. I told him I agree. None of what trumps doing is designed to help uneducated blue collar. That’s what trump says, because that’s the Steve bannon spin they’re putting on it.

Elon is a globalist. The CEOs of America are globalists. And so is trump. He’s not going to crash the economy going about bringing jobs back and tax breaks. Can’t wreck the economy trying.

Last year voters felt like they had nothing to lose. They see now they do.

And the economy is worse.

And how much savings has doge found? Not much.