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Trump needs China & Shows it Badly

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2 comments

  • CoolhandLuke
    Nothing here but liberal BS FAKE NEWS TRUMP BASHING.
    0
  • serf
    quote:Originally posted by jim_lemay
    quote:Originally posted by us55840

    IF the US banned trade from China or put on high tariffs on China made junk, WalMart would go out of business.

    [:D][:D][:D]


    Which wouldn't be all bad. I remember retail commerce before Walmart ran out the competition. Mom & Pop stores were more user friendly.


    Back when the dollar had gold backing for imports which now is no longer the case! That's a fundamental change and if we went back it would be higher now to trade with mom & pop stores.

    And of Course, all that debt must be repaid to bondholders and all that Federal reserve debt held off the books.

    serf

    https://www.yardeni.com/pub/peacockfedecbassets.pdf
    0

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