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Trump has finally met his match as he fights 3 unwinnable wars
Firstly, the Chinese cannot sell their US Treasury Bonds, as that would raise interest rates in the US and make the Yuan more expensive, the opposite of what China wants. Secondly, China's "booming" is not as booming as the Chinese claim. They lie about GDP figures. The Chinese themselves admitted this long ago. In fact there is a slow down in domestic demand in China, rising unemployment, and crippling real estate crisis. The latter exacerbated by the fact that the Chinese have stupidly built housing for another 1.4 billion Chinese, which nobody wants. So now they have to demolish these empty condos, to stop the rot in house prices. China is also highly dependent on foreign investment. So they can't antagonise foreign companies too much, or this investment will dry up. China is a colossus with clay feet. To the extent it does overproduce, this overproduction is in itself a problem for China as we saw with the insane amount of empty housing. But also abroad many countries now fear being swamped with cheap Chinese prodcuts due to America's closed door for China. Plus, the demand for Chinese goods is limited, it is inot infinite. The world can only absorb so much Chnese low priced product. So, clearly it is China that is in a worse position. The US, whose per capital purchasing power is 87000 USD or thereabouts is still vastly greater than China's 15000 USD. From the outset the Chinese market is less attractive than the American one. -
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The left wants to destroy the Greatest country on Earth.
How sick. The mother of a rape victim exploited for political purposes by a rapist. -
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Trump’s Battle Isn't Against Democracy—It’s Against the Power Brokers Who Claimed It
“And there is nothing funny about being on the factual side of issues. You might want to try it one day?” You should give it a try yourself. -
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Road Rage Scandal: Politician's Son in BMW Causes Devastating Crash - video
"a candidate in the upcoming local government elections"
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