- Joined
- Jun 20, 2011
- Messages
- 4,732
- Points
- 83
Slapping US$50 Billion Tariffs on Cina.
can't wait for china to choke.The Chinese are in trouble now. They will perish without the US market.
1r1b was a good move to create demand for its over capacity. However, it looks like US is raising interest rate and curbing demand for china export at the same time.
Interesting to see how Xi can mitigate this situation. There is no use dumping US treasury as US itself is manipulating to keep the value of usd low so that interest rate can by further increase. Maybe Trump is really acting bluff and may become the greatest us president.
By Christmas, 11 Jinping would be on his knees before Trump, begging for the sanctions to be lifted. The chinks depend too much on exports to USA and Europe.
The Chinese are in trouble now. They will perish without the US market.