jimjam wrote:Damn! I learned something today. Bankruptcy is a success when Obese Donald is bankrupt
I should know by now that Obese Donald has never ever made a mistake
When the Wall Street establishment bails itself out at taxpayers' expense and avoids bankruptcy, I suppose you could call that a success too. However, the fact that they did that is a big part of why Donald Trump is president in the first place. Nobody is going to listen to the "experts" as to what makes an "expert." We've had enough of their Kook-aid.
jimjam wrote:Big money requires a safe and predictable environment
It doesn't require it. It prefers it. Big profits come when volatility is higher, but it's unsettling. Options traders are making money now as premiums increase. The geo-economic reality is that tariffs do need to go up, and the US needs to embrace new trading partnerships beyond China. This free trade for China thing has gone on way too long, and we never saw democracy or human rights improvements. Instead, we see companies like Google helping China police its political dissidents and refusing to work with the United States government.
Hindsite wrote:Actually, it was China that reneged on the deal in the beginning. China eventually said they would buy from our farmers and reneged on that deal too.
A lot of people would like to see the US eclipsed as the world's largest economy. However, the strategic situation has changed considerably. The US is more or less independent of Middle East oil, and Iran is picking on oil tankers bound for Europe. The US can engage or not. We have options we didn't have 20 years ago. Trump is showing that we can do without China too. It may be hard on small farmers, but it beats selling out your nation's future to a communist oligarchy.
A buddy of mine really hopes Trump comes up with a China deal to soothe the markets. I think plunging the global economy is worth de-coupling from China. The globalists are the ones who are interested in lining their own pockets and to hell with national cohesion and political stability. So they are the ones who are having a bit of heartburn from Trump's presidency. That's a political trend elsewhere too. So it's really not unique to the United States.
"We have put together the most extensive and inclusive voter fraud organization in the history of American politics."
-- Joe Biden