housepapass

3 ms·

1. 1.▲
   by housepapass 8y ago

   > I would be surprised if even 3% of aggregate production has moved out of China. Let’s see....China is a export focused economy. Last year their stock crashed 30%. Their currency crashed 10%. The luxury sales in China crashed 30-70%, de
2. 2.▲
   by housepapass 8y ago

   > But we can see today, a trade war won't happen A trade war is already taking place. And will increase in scope very soon. And no likelihood of it stopping Commerce Secretary Wilbur Ross: The US is still 'miles and miles&#x2
3. 3.▲
   by housepapass 8y ago

   US has no reason to attack China. If China attacks US because US stopped giving China money, well, they should stop giving sooner rather than later