China To Trump: ‘We’ve Been Around For 5,000 Years’, You’ll ‘Finally Come To No Good’
We've reached something that approximates peak propaganda in the trade war.
For the most part, Xi kept the Party's myriad media mouthpieces shackled while Liu He tried (and tried and tried) to come to a consensus with Bob Lighthizer and Steve Mnuchin. But Beijing's patience ran out earlier this month after Donald Trump more than doubled tariffs on $200 billion in goods, threatened duties on another $300 billion in imports from China and, in the final insult, cut Huawei, China's national champio
This seems to be a moment in time where the “my way or the Highway ” mentality clashes with a fist full of knuckles..The MAGA freaks are in disbelief so now we light off rhetoric formerly a unique Western tool..
The overwhelming majority of a civilization’s historical memory has to do with mud or wood or horses. I don’t think Laozi or Mencius have much to contribute by way of global supply chains, superpower competition, or microprocessors.
“I don’t think Laozi or Mencius have much to contribute by way of global supply chains ….. ” How about the Silk Road? And who was on the other end of that? Persia, the 4000 year old bunch of losers Trump threatens to “end forever..” We couldn’t “end” North Korea, or North Viet Nam or even a bunch of war lords in Afghanistan. Can we really just pop in on anyone and “end” them? In the lifetime of the majority of Americans China will have an economy twice as large as the US. Our best bet is to figure out how to make the most money from dealing with them not deluding ourselves into believing we can somehow whip them into submission.
Apparently, you have a clear concept of the Historical consequences of excessive Hubris
Stock market has gone up 300+% in 10 years…why not another 300% by 2030?….maybe it will…but this time due to run away inflation. Start buying gold bars with your credit cards!
OK, that was an interesting bit of information. Now, how do I trade it? That question requires some thought.