Quote:
Originally Posted by OneHungLo
We're also in a trade war and our fed hiked our rates 7 times since trump has been elected (0 times with Obama). But that doesn't matter I guess when you're comparing these small economies like AUS, SWISS, GREECE etc to a giant like the USA
|
The fed hikes are the only buffer Trump/ USA has when another recession kicks in because his stimulus packages have fallen flat on their face. And the comparisons which together far exceed the economy of the USA are just to show your just following the world wide trend.. certainly not leading it.
And you realise who your in a trade war with and who topped the the list? Maybe stop calling it a trade war and refer to it as.. hidden tax on the American consumer.
Which even Trump has said is the only thing filling the coffers, so explain how he removes that now? Slap another 1/2 trillion on debt? what's the plan to replace that money?... none.
then drill this into your brain..
One of the great ironies of the U.S.-China trade war is that, since last March, when president Donald Trump began slapping tariffs on Chinese imports, America’s merchandise trade deficit with China has grown bigger, not smaller.