Today 11:11 am
Because, it's not about what it does to America. Its about what Trump did to China. And, he sure-as-smoking-hot **** mulre-kicked Xi in the face. Nearly 50% of China's factories are "temporarily" shut down. Millions of Chinese are unemployed. Alibaba and Aliexpress - dead or at least dormant. Xi is just now trying to figure out how to stop a run on China's ICBC and BOC. Have you not been paying attention to what's going on over there?Cannonpointer » 14 minutes ago » wrote: ↑ Perhaps you can help me to understand how radically reducing the purchasing power of American consumers kicks Xi in the face.
I understand three things, one of which it appears you understand.
1. The USA is the world's largest single market;
2. The USA's market hegemony has been slipping for years; and
3. Less than 15% of all Chinese exports ever see American shores.
If you are going to tell me that high tariffs on 15% of China's trade is a kick in the face with a **** covered mule hoof, I am going to ask YOU to show me on the chart. I wanna see everything north and south on your chart of a kick in the face with a **** covered mule hoof. I'm guessing blind that tariffs on 27% of trade would be a nuclear device in Xi's grandmother's *** - but I'll need to see the chart to confirm.
Now, what will this amount to? Likely not much. Xi will easily allow millions of his countrymen to starve to death before he relinquishes power. And, that may be where this is heading. In the mean time, it not only takes the wind out of China's sails, it buns them to ash, turning the mast into weak charcoal, and that ship may float around aimlessly for quite some time. I know, you don't believe me. But, if Trump stays the course (which he might not), you WILL come to believe me.
At some point, I might find a chart to show you. Like I said, its not about America. This is about China.