Article

2018-07-11 China-Japan-Koreas

Another round incoming. China is running out of tit/tat options.

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Posted by 3dc 2018-07-11 00:00|| || Front Page|| [11128 views ] Top
File under: Commies

#1 China has few options in a trade war against the US. They have a massive debt/real estate bubble that is popping and they blew a trillion dollars worth of their hoarded currency to prop up the Yen and were hoping the dollar would fall.

The opposite happened. The US economy took off, dollar strengthened and the Chinese are looking at needing imports to keep their loans afloat or the remaining 3 trillion in foreign currency they have in reserve will disappear, rapidly. Trump knows this and is trying to force them to give more than they want to keep their economy from collapsing.

The real risk is if they think they have everything to lose and move to seize the south sea trading lanes and natural resources in the area it means war. Stringing them along and hopefully gauging when they are about to collapse and offering them a safety line seems to be Trump's strategy.

Posted by DarthVader 2018-07-11 00:17|| 2018-07-11 00:17|| Front Page Top

#2 hopefully gauging when they are about to collapse and offering them a safety line seems to be Trump's strategy.

Darth, this was the one attribute that I thought Trump might have before he was elected that made me not be too concerned. We haven't seen a president with real skills in wheeling and dealing since I don't know when.

Other than his toying with the press I suspect that there's a lot of deep thinking going on to accomplish his objectives. The toying is mostly just for fun.

Posted by AlanC 2018-07-11 08:10|| 2018-07-11 08:10|| Front Page Top

#3 ...everybody has got to have a hobby.

Posted by Procopius2k 2018-07-11 08:25|| 2018-07-11 08:25|| Front Page Top

#4 The toying is mostly just for fun.

Trolling is Trump's favorite pastime I think.

Posted by DarthVader 2018-07-11 10:16|| 2018-07-11 10:16|| Front Page Top

Posted by Anomalous Sources 2018-07-11 19:50|| 2018-07-11 19:50|| Front Page Top

#6 Eww!

Posted by gorb 2018-07-11 21:06|| 2018-07-11 21:06|| Front Page Top

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