Quote:
Originally Posted by crucifissio
heres an interesting development...there is news of a supposed 1 trillion deal coming up where china offers to reduce the trade gap to zero in the next 6 years (trumps possible time left as potus)...in the frist year it would do 45 billion and then in the longer term the other 955 billion...this is an extremely interesting development considering chinas last offer was 70 billion over several years...so a whopping 930 billion increase from the first offer...
now either dumbass trump outsmarted 1 billion asians, and I have no doubt some will believe this, or something is up...
now the first clue we have in the incredible 2nd offer that rose by 1200% and is well beyond what trump was really expecting...all of a sudden a 0 trade deficit... before an election year
the second clue is in the absurdity of the whole concept...you can not create 1 trillion in trade just out of thin air...the global economy is like a jenga tower where US pieces are all over the place...you can not take out so many bricks without seriously destabilizing others...it is a story for little children...even if they actually planned on spending 1 trillion, this 1 trillion means goods in that amount will not be purchased from other US buyers of goods...in turn these buyers will buy less US goods because they sold less goods...
it is a scam...they reached a deal for trump to score a pre election victory and will probably give like 20 billion...trump will report it as 200 billion...the market will roll with it and bubble...then dumbass gets re-elected...pooty and xi laugh their ass off...the trade deal is a scam of course and you are all suckers LOL
|
Sounds a bit like damned if you do damned if you don't...
Whatever deals made, trump has nothing to do with it right? If a deal is made, then China is just lying.
Nice timing on the thread BW.