FA_Q2
Gold Member
- Dec 12, 2009
- 25,421
- 6,779
The problem is that China is a bad actor when it comes to world trade. They openly steal IP, lie contentiously about what they are going to do and try to manipulate the market. It certainly is a problem that needs to be addressed.![]()
“If I wanted to do nothing with China, my stock market — our stock market — would be 10,000 points higher than it is right now. But somebody had to do this. To me this is much more important than the economy,” our President said today.
Good Lord!
"Somebody had to do this." Why? We have the hottest economy the world has ever known. We have virtual full employment. The trade deficit is normal. Wealthier Americans buy more than the Chinese people. Our economy is 20% larger than China.
What is the freaking problem Trump is trying to solve? He has never answered that question. He just has said he is the "chosen one" who had deal with China.
That is typical Trumpian. Create a problem where none exists.
With a 237 point advance today, the Dow is still less than what it was in January 2018. Trump's trade war with China began in March 2018.
One person is pleased about the weakening of our economy -- Vladimir Putin, the communist dictator of Russia, Trump's mentor.
The problem is that Trump seems to be utterly ignorant on how to actually address it.