U.S. unemployment rate will get worse, Treasury's Mnuchin says

[WalkingOrders]

17 hours ago, Eric Loh said:

Agree that crazy was the wrong word. It should be madness. Madness because it started with a carefully calibrated trade weapon to rebalance the relationship and ended with uncoordinated unpredictable and non-calculated personal tit-for-tat tiff with China that harm US consumers and throw the supply chains into disarray. It is madness when one man's impetuous has confounded attempts at strategy. It is a madness of a President caught between his instincts as a self proclaimed "dealmaker" trying a make his place in history and a contentious band of aides goading him into more radical actions. 

I think next stop should be to blast China right out of the South China Sea on the slightest of provocation from the Chinese before they put 20 carriers into the water. Get them off their man made Islands, send a message to Taiwan now is the time to renounce any reunification ideas as independent Republic, and take the early hits to US economy by withdrawing from Chinese supply chain ASAP while the Chinese are weak.