You Can’t Fix Stupid: U.S. Treasury Will ‘Pressure’ China To Strengthen The Yuan

You Can’t Fix Stupid: U.S. Treasury Will ‘Pressure’ China To Strengthen The Yuan

They say you can't fix stupid, which I suppose means the world shouldn't get its hopes about about the upcoming trade talks between China and the U.S. On Wednesday, China's Ministry of Commerce said the U.S. has invited a Chinese delegation to Washington later this month, ostensibly to try and break a stalemate on trade before the Trump administration moves ahead with tariffs on an additional $200 billion in Chinese goods. That escalation, if realized, would trigger a response from Beijing in t
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7 thoughts on “You Can’t Fix Stupid: U.S. Treasury Will ‘Pressure’ China To Strengthen The Yuan

  1. This is one of the biggest clusters I have ever seen. So what would you have done? They are stealing our technology. Is it a case of everybody is making money let them steal a little? I’m a very fair individual. In my perfect world there would be free trade – no tariffs anywhere. That is apparently a non-starter. So again I ask of you – WWHD? What would Heis do?

    1. who gives a damn what they “steal”? America has Google, Apple, Microsoft, Facebook, Twitter, etc. etc. etc. The U.S. doing fine on tech. America is doing just fine period. That’s the whole point. Trump’s platform is all based on lies – every, single last bit of it. There’s no “lost greatness”. It was all a sham and if you’re a student of history, you know it. I know this is hard for some Americans to accept, but everything Trump says is a lie. Folks are falling for the same thing they’ve fallen for in past instances of populist demagoguery. Read this:

      1. Nobody makes a living off of Facebook it is a consumption business. Consumption of time. A gigantic waste of time to pacify the non-working American public. Apple basically is a huge tax avoidance business that makes a $30 pocket computer in China, and sells it for $1K. Again, very little good for the average American in terms of work. But many sure do like to waste a lot of time on the device looking at Facebook. And then you bring up Twitter, Surely you jest, as you to take another stab at Trump who is the sole reason Twitter still exists. As for Google and Microsoft, Google will never be allowed into China and the business was built by a total of about 11 software programmers. Microsoft is a business of the past from a tech perspective – no future growth there.

        Your propaganda posts for the democratic party are very interesting, but way off the mark from reality. Thanks for the humor however.

    1. I agree with many things stated in the article re populism. Politicians only goal is to be re-elected. As far as the Olympic committee I seem to remember lots of corruption recently re site choices. Unfortunately benevolent dictators are hard to find.
      I’ve seen the entitlements issue grow since the 1980’s – Washington will never deal with it until it blows up. I am a conservative with liberal leanings on social policies. Warren Burnett told me that was a Texas Democrat of the 1950-80’s. Washington, George that is, warned of a two-party system. That’s where we are. I’m not a globalist. Many so called conservatives are – BUSH. So again what’s the answer – You are stating nothing was broken with trade. Maybe we wind up in a month with broad agreements in place & this discussion is moot. I suppose trade wars are better than actual wars & if we have evolved to this point that is a good thing. But I doubt it.
      Sooo – Your argument is it’s only a little theft – you could be correct

      I enjoy your writings sir.

      1. If you want to put pressure on the Chinese to play by a set of rules that would provide for fairer trade then the way to do it is via a large, multi lateral agreement with lots of our allies on board presenting a unified front. This lessens the blowback from retaliation and expedites the process by setting the Chinese up to play ball right away, not drag out a trade-war pissing match with tit for tat unilateral tariffs.

        We would need a coalition of friendly nations around the Pacific to do this. A kind of Trans Pacific Partnership…

        Oh wait…

        And I say “fairer” trade because nothing in life is ever perfect. Things are only less bad than other things. In this case you have to ask: is burning demand and forcing certain US sectors to give up market share, likely permanently, worth it to score political points for an election cycle? The point H I think is trying to make is that yeah, there are unfair things about our relationship with China, but throwing a tantrum over it is not productive.

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