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I wonder how much it matters who is paying more? A more important factor might be who can last longer. A president with a fickle base used to the many comforts
by tchaffee 8y ago
I wonder how much it matters who is paying more? A more important factor might be who can last longer. A president with a fickle base used to the many comforts of a highly developed country? Who will vote again in two short years? Or the Chinese people already used to the government deciding what's best for them?
- hummingurban 8y agoWhoever simply makes more money from the goods they export. In this case, China has more to lose. You forget that in China, you have a dictator who uses violence and fear to keep people in check. They are stuck with his foreign policy abilities, which many analysts will conclude, Xi fucking sucks, including those around him who aren't happy about him being a dictator and praising Mao (has anything ever good come out of ppl who idolize Mao?) The US is on it's way to prosecuting a Russian KGB asset who has been compromised and being blackmailed to willfully corrupt in order to launder the billions that Putin and his buddies stole from his own fucking country. Thankfully, the US president doesn't have absolute power, cannot stay in power indefinitely, is not immune from the institutions that the American forefathers have created to keep the President in check, a continuity in all the core national security organs such as the CIA and NSA which prevents somebody like Xi from ever pulling the same shit, and cannot just roll over people with tanks and then make a stupid song about how much people love the Tianmen square. In China, the trade war is having a far more profound impact on society and economy but you will never hear this and neither will the vast majority of citizens in China because information cannot flow freely and it's censored. If China seems invulnerable and powerful, it's only because they specifically crafted their image in that manner. The fact is China is dysfunctional by and large and anyone who had exposure to their political system knows it can't continue no matter how many active measures they take.
- tchaffee 8y agoYou seem to agree with me that a dictatorship can last longer in a trade war? Your gripe seems to be with what a horrible place China is. That might be true. Having lived there and done business there I think it's more nuanced than you're making it out to be. But let's say it really is that bad. Does that win a trade war before the next US elections in 2 years when US consumers might already be frustrated with higher prices?
- theandrewbailey 8y agoTaxes and unemployment have gone down, and wages are starting to go up. I wonder if anyone would get angry enough over trade war costs at the end of the day.
- tchaffee 8y agoSoy farmers perhaps?
- bluGill 8y agoThey are mad, but Trump has successfully spun to them the idea that they are an unfortunate victim of the situation and things will be better for everyone in the long run if we take care of this. Well successful to the republicans and most of the independents. This is politics: it should be assumed that Democrat will oppose anything Trump does no matter how good it is - just like republicans opposed everything Obama did.
- nine_k 8y agoDictatorships are not very efficient economically, it seems. China has become an industrial powerhouse when some modicum of economic liberty was admitted by Deng Xiaoping. Dictatorship stifles internal economic competition, and makes the economy less and less efficient. If Mao times look too drastic a comparison, you can compare to the USSR, which was also, well, nuanced, and had leaders stat stayed at power for decades. How well did it fare against the US?
- murph-almighty 8y agoDuring a trip to China, I got to talk to a citizen via a translator, and eventually the subject went to politics. They asked me how I felt about Trump, and I gave my answer, and was about to ask how they felt about Xi before I caught myself. We couldn't talk about Xi the way we could talk about Trump because there isn't a way to honestly discuss it without allowing for criticism, or the idea that there's more than the image cultivated by the state. I didn't want to risk anyone's safety if the wrong person heard the wrong thing. It's jarring to have this happen in real life and realize you suddenly can't have a fulfilling conversation with the other person. The chilling effect is real, and real enough that I'm not sure if I should be posting this, vague as it is.
- ksec 8y agoIt is impossible to explain that feeling to those who had never been through it. Once they plant the seed of fear in your mind, it is very hard to get rid of it.
- throwaway55721 8y agoHmmm...when I recently went to China, I talked to a bunch of people about Xi and heard good and bad things. We had very engrossing conversations. Of course, I can speak Mandarin so perhaps that’s why they felt comfortable talking to me. I’m also of Mexican descent, so that might be another factor. The irony is that I feel more comfortable using a throwaway alt on HN for this comment because I’m afraid of trolls stalking me on my real account for saying nice things about my experiences in China.
- cvwright 8y ago> a Russian KGB asset who has been compromised and being blackmailed I miss the days when only half the country was consumed with insane conspiracy theories.
- tw04 8y agoThat was obviously tongue in cheek. But if you still don't think there is a very clear and almost assuredly illegal connection between Trump and Russia I struggle to believe you're exposing yourself to a variety of media sources or following the Mueller investigation at all. The mere fact he refused to enact bilateral sanctions was enough cause for serious concern.
- hummingurban 8y agothe conspiracy goes back to the 1980s, with corroborated witnesses from both American and Russian elements. The watergate journalist wrote a book on him. The guy who prosecuted watergate is looking at finances, money laundering specifically. I'm not saying this is a 100% thing but it's a more of a case of 99.99999% that current president has been laundering money for the Russian mob since Taj Mahal days. We also see a curious case of a man who was so broke no bank in the world would give him relief....except Russian banks....controlled by the Russian _____ . I will leave that as a blank for you to complete as an easy exercise.
- bluGill 8y agoWe don't know what will happen in 2 years. I expect a close election, and the trade war will not have anything to do with the result - though voters against may use the trade war as an excuse.
- Fjolsvith 8y agoThe trade war will probably have a big impact on the election. Two years from now will be two further into the trade war, and by then I expect China to capitulate. When that happens, the stock market will head for orbit.