China vs. US

Trump's tariff and sanctions tantrums on China are starting to bring on stock market falls and worries of a possible recession.

Since all these tariffs are hurting everyone, it should dawn on Trump to stop them. China is not going to give in. It does not matter whether Trump gets re-elected or not. and if he continues to pursue this, he may very well be a one-termer.

Expecting Trump to fix the US economy is a tall order. It's like asking a random person off the street to solve the mystery of life.

Trump can tariff 100% of all Chinese imports 100% and won't be able to bring China to its knees. Yes, it is this hopeless for the US. The scales are tipped too much in China's favor. 

These tariffs would maybe work if China exported most of what it makes to the US, but imports to the US are not even 20% right now. So Trump is just taxing the living f**k out of the average US consumer. 

The US deficit has jumped another 500 billion since the beginning of the year due to Trump's tax cuts for the wealthy, and will reach another trillion more by next year. 

So the tariff war is not helping. If Trump wants to improve the economy, he would have to turn against the best interests of the wealthy and investor class-namely himself.

He would have to punish the real offenders responsible for the colossal trade deficit: the greedy and short-sighted US corporate CEOs who outsourced their manufacturing to other countries. Trump should slap these companies with steep taxes until they bring back manufacturing to the US. Make it more expensive for them to offshore than if they moved production back to the US, hired US workers, and paid them a decent salary with decent benefits.

Up to now, Trump is punishing China for the sins and greed of US CEOs. Trump is acting like an inept coward. He is incapable of making the right and rational decisions that would help the most.

This simply shows that all the new clean service tech economy mumbo jumbo the establishment has been feeding the world since the late 1990s turned out to be bullplop. Manufacturing will always be good and necessary, and is a sound fall-back for any nation's economy. The case of China vs. US is a shining example. A healthy economy must actually make something, not just come up with something, and speculate.


The only big-ticket factory production the US has is the weapons industry, and even they are losing market share to competition from Russia and China. The US, in essence, is a war economy.

Maybe the US is deliberately trying to cause economic problems for the world, and is betting on scared investors running for safety by buying up more US debt in the form of long-term treasury bills.

If there is a recession, or some other world-wide economic melt-down caused by US foibles, all countries need to resist the urge to buy this US debt, and instead go for precious metals. Then the US will suffer even more serious economic blow-back than anyone else, and will be cut down to size.

This is long overdue.