foo wrote:
Um, ever heard of the inverted yield curve? wrote:
Question for you all: How long until Trump completely caves to the Chinese on trade (probably lifts sanctions of Huawei, allows them to operate in the US, gets nothing substantial on forced technology transfers, nothing on copyright enforcement, nothing on currency manipulation but gets some token like they’ll buy more agricultural goods from us) simply to try and declare “victory” in the trade war and try and salvage his slim chances in 2020?
It’s clear Trump’s economic, tax, and trade policies are a total disaster (not surprising) but he is trying to stave off total economic collapse prior to the election in a bid to avoid prison by outlasting the statue of limitations for his many crimes. So, how long until hjs full capitulation to China? I think he’ll make “the best deal” by late September. What’d you all think?
Probably very soon. Your analysis is spot on. It may actually be too late to save his re-election chances. We could be headed to a recession regardless. Hopefully some prominent Republicans will start jumping off the Trumptanic soon.
Initially it could be argued trump had good intentions in trying to stir things up with a China and that it was low risk to play chicken with our economy. But no doubt after the back to back to back to back to back failure to make any progress plus his latest stunt of giving China a shopping list which clearly targeted industries which would help his re election chances, it’s crystal clear this joke of a leader has done nothing but disrupt the global markets and isn’t going to get anything in return. His strategy with NK was a disaster, his strategy with immigration has been a disaster, his strategy with global partners has been a disaster... not sure what additional proof we need that he simply isn’t cut out for any important decision making. Deal maker??? Hahahahaha. Kick him out