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Of course, some time ago the west was supplying Chinese

Posted on: April 12, 2025 at 12:48:17 CT
JeffB MU
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people a lot of opium, that they wanted.

The Chinese government felt that this was bad for their country and society and put a halt to it... until the UK started the Opium wars to force their profitable trade upon China.

All analogies limp, as they say, but I think there is a bit of an analogy there.

People in the US did want and get cheap goods. But the price was a loss of manufacturing plants in the US, a loss jobs related thereto, a deterioration in our balance of trade, a transfer of wealth from the US to China (& elsewhere), lower savings of US citizens, a devaluation of the dollar, increasing debt of the citizens and of the US.

At one point the US was the greatest creditor nation in the world with a very high savings rate, and a dollar that was "as good as gold", and whose manufacturing sector was the envy of the world. Now the US is the greatest debtor nation in the world, and the citizens are in net debt.

Not all of that is related to China, and the slide started long ago, but recent developments have been accelerating the US' economic slide and that of the West, and accelerating the growth of China's and ASEAN & BRICS economic strength and trade surpluses.
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How long before trump has china tariff-ied? He will get - hokie VT - 4/12 10:27:31
      nm - hokie VT - 4/12 12:30:20
     Your post makes absolutely no sense (nm) - Seagull MU - 4/12 12:27:10
          Too many multi syllable words? nm - hokie VT - 4/12 12:40:03
               No. The premise and supporting statements are illogical - Seagull MU - 4/12 12:42:54
     Obama did the same thing with TPP - meatiger MU - 4/12 12:05:25
     Playing hardball is often a good strategy when one holds - JeffB MU - 4/12 10:58:05
          Yeah, not sure whom to believe. The left will side with - hokie VT - 4/12 11:16:49
               Half of the experts are going to be wrong on this too. We - JeffB MU - 4/12 11:19:45
                    To me what trump is doing makes sense. It won't be easy, - hokie VT - 4/12 11:26:21
                         As noted earlier, I think it is a huge gamble, with big upsi - JeffB MU - 4/12 12:02:28
          I do think that we had a stronger hand in his first term & - JeffB MU - 4/12 11:11:25
               Biden kept the same tariffs and even - meatiger MU - 4/12 12:07:17
                    I was speaking of more than just trade. Obama's wild - JeffB MU - 4/12 12:25:14
                         RE: I was speaking of more than just trade. Obama's wild - meatiger MU - 4/12 12:55:34
                              I thought Trump was too profligate in his first term, but - JeffB MU - 4/12 15:33:44
               The problem is that when we had the strongest hand, - hokie VT - 4/12 11:19:25
                    RE: The problem is that when we had the strongest hand, - meatiger MU - 4/12 12:28:15
                         Of course, some time ago the west was supplying Chinese - JeffB MU - 4/12 12:48:17
                              RE: Of course, some time ago the west was supplying Chinese - meatiger MU - 4/12 12:57:56
                    I agree. US leaders, and others of the western world have - JeffB MU - 4/12 11:20:54
     Trump is already panican and creating exclusions.(nm) - TigerMatt STL - 4/12 10:32:32
          No wonder you support his assassination. You want - hokie VT - 4/12 10:35:32
               You’re an idiot. Your dear leader is already folding again.(nm) - TigerMatt STL - 4/12 10:36:24
                    Just deny it. Say that you oppose the assassination of - hokie VT - 4/12 10:37:48
                         I support the use of the 25th amendment to get him tossed - TigerMatt STL - 4/12 10:39:57
                              So your answer is.....? nm - hokie VT - 4/12 10:51:22
                                   I’ve already answered. You just can’t put simple concepts - TigerMatt STL - 4/12 10:52:08
                                        You're a liar. You have responded not answered. Liar. nm - hokie VT - 4/12 10:56:07
                                             I have. But you are a borderline retard. I already stated - TigerMatt STL - 4/12 11:02:17
                                                  Why not just say that you oppose the assassination of - hokie VT - 4/12 11:20:38
                                                       I oppose murder period. You take a statement - TigerMatt STL - 4/12 11:23:46
                                                            But you said lots of peope rightly supported the - hokie VT - 4/12 11:30:14




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