8 ms·
What's he gonna say? "I'm not ready to slap more tariffs?" This is entirely expected.
by Leary 8y ago
What's he gonna say? "I'm not ready to slap more tariffs?" This is entirely expected.
- ianai 8y agoI almost hope his self created recession/depression hits sooner than later. Possibly nothing else will affect his polling.
- anothergoogler 8y agoI for one hope that no recession/depression hits.
- intopieces 8y agoHope for the best, sure, but recessions are inevitable
- ianai 8y agoRussia can’t destroy the US through Trump without taking down its economic standing.
- SlipperySlope 8y agoJust wondering to what extent the fed will raise interest rates as promised tariffs raise inflation. The president might be persuading them otherwise. Look for his Twitter campaign to continue.
- urmish 8y agoYou'd rather see your own country go into economic depression than Trump's decision working out? How are you so certain that tariffs on China are a bad idea?
- ianai 8y agoTariffs lead to market inefficiency and failures. I’m only voicing statistical likelihood. People also largely vote based on the economy - which is itself its own falsehood, but beside the point. The thing I would like to see is Trump, the extremist right wing, and Russian influence driven from power. Unfortunately, this guy is also the slippery character that always chickens out before he meets his fate. Someone will eventually convince him tariffs will push him out of power and he’ll reneg. He is the pathological case that leads the self balancing system to destruction.
- cameldrv 8y agoI agree that Trump is a Russian agent, it's more than clear at this point. Economically though, the same theories that say that tariffs are economically inefficient say that running a $400 billion trade deficit for twenty years straight should be impossible. If you go back to first principles and some basic economic observations, it's fairly obvious that the trade policy of the U.S. over the past 40 years has not served the interests of a large majority of the American public, i.e. it is economically inefficient from the U.S. perspective. Trump wasn't elected by Putin, even if Putin did push him the last few yards over the goal line. If the Democrats are going to win, they need to be the party of truth and standing up for all Americans instead of just opposite-day Trump.
- ianai 8y agoReality is also not economic theory. Economic theory won’t lead you to becoming the government of the world sans title. But that’s largely what the US obtained following its decades long of economic market expansion through trade agreements. US debt is literally people who have agreed to take US currency in the future and are not themselves part of the US.
- perl4ever 8y ago"US debt is literally people who have agreed to take US currency in the future and are not themselves part of the US." I don't think this is true. Foreign holders of US federal debt are only about 6 trillion of 21 trillion[1]. Most of it is held by the government itself or the American public. [1]http://ticdata.treasury.gov/Publish/mfh.txt http://ticdata.treasury.gov/Publish/mfh.txt
- fellellor 8y agoI suppose you'd want to fail fast and learn from that rather than fail too hard later on.
- urmish 8y agoA country is not a startup. These kind of comments come off as elitists, naive and arrogant.
- slededit 8y agoWhile most of what he says is random and unreliable; His words on trade have been consistent and had follow through. I'd put the chances of it happening at close to 100% unless China capitulates or Congress blocks him.