Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
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No one is against slowing China. No one!Yes Trump hasn't been in office all the time since 1990, which is where your graph takes off, but he is the only one that has said it needs to change.
I guess all the Presidents between 1990 ( the ramp up of globalisation) and the present, were happy with the $hit heap they were making.
As I've said before in this thread, Trump is no paragon of virtue and he is self interested, the U.S has milked the globalisation cow to the end and is now trying to reverse the rot if it can't Trump and the U.S is toast.
Why the loonies are against the concept of slowing China down is a mystery to me, that is the issue none of the left want to address, what is the plan if China keeps rising to the point of owning the World? Will that make the Loonies happy.
Do the loonies really think, that if China sends everyone broke and we keep printing money, China will put the same value on our money, that we do?
It didn't work for our nickel, it didn't work for our lithium, what is the underpinning value in our currency, other than thinking we are really nice people, that are going to save the world by cleaning the air for them and we are special and smug.
Let's be honest, one would think marijuana has already been legalised and everyone is smoking it.
Our currency is about $US64c, China already manipulates the value of our exports, what do you think would happen if the $US lost reserve currency status and China controlled the exchange rate by being the currency that everyone traded in?
Everyone seems to have a short memory, we were made to pizz our pants, when we asked China to investigate covid.
I really haven't seen China being overly benevolent to us or anyone else, they sell their junk cheap we are addicted to it. The problem is getting off the junk isn't easy and the billionare distributer's don't want us to, the billionaires hate Trump because they don't want their distribution disrupted.
Trump doesn't make his money from Chinese junk, he makes it from selling accomodation and gaming/gambling to American punters, if the American punters become third world punters, Trump goes broke.
If the U.S completely loses its middle class, no one goes to Trump Tower in Las Vegas, no one pushes their credit cards and pay packets through the casino, no one goes to the golf course, that's how Trump makes his money, not selling Chinese electronics or cars, or any other consumer goods.
Trump Organization entities own, operate, invest in, and develop hotels, residential real estate, resorts, residential towers, and golf courses.
That's my two cents worth.![]()
Everyone isn't so keen on the tax cuts instead of paying off debt.