Meh, fuck China. The US needs to start making things over here more. And if cheap plastic shit from China that breaks too easily costs more, then to bad.
No, the video is making a shit argument the same as it was shit argument when they went after Trump for tariffs on Chinese goods. Just this time the "free trade" crowd is going after Biden (his handlers really) and hoping the right will be rubes and forget about Trump's tariffs.
The problem is, it goes deeper than that. China has been the major customer for US T-bills. In a way, they helped prop up our falsely inflated economy where the Fed prints money and it gets used to pay interest on loans of the fake money. So if China cuts off T-bill purchases it will totally fuck over the fraudulent scheme, and as result the US will see big inflation as the dollar grows more worthless. There is a delicate balance in all these things, but the knuckledraggers running politics ignore that.
This all may be related to Goldman Sachs announcing they plan to split operations. I suspect they know well ahead of time that their domestic banking operations may end up shitting blood in 2023.
Yes, and the OBiden admin and the Fed know that. This war trend is deliberate, probably to make sure they can sink the US economy and cause the great reset.
Meh, fuck China. The US needs to start making things over here more. And if cheap plastic shit from China that breaks too easily costs more, then to bad.
But its so much CHEAPER to pay nine year old Chinese kids to make it and act like you don't.
Like a t-shirt i saw at Wal-Mart the other day. It said "Made in America" with a giant US flag under it. Guess where it was manufactured?
I thought about how funny it would be to wear one of those in China.
It took decades for America's manufacturing core to hollow out, it will take decades to rebuild.
Where can the US get the resources to 'start making things over here more' ?
Are all of China's semiconductors plastic pieces of shit?
Did you even watch the video? (First half at least?)
No, the video is making a shit argument the same as it was shit argument when they went after Trump for tariffs on Chinese goods. Just this time the "free trade" crowd is going after Biden (his handlers really) and hoping the right will be rubes and forget about Trump's tariffs.
There's another aspect to that. The Chinese are preparing to build massive robotic factories and invest in the technology , which is called MOMS. https://en.wikipedia.org/wiki/Manufacturing_operations_management
We are not doing that except for Elon Musk. They will be able to crush most of what we will try to do.
As soo as the government stops supporting slave labor over us jobs
The problem is, it goes deeper than that. China has been the major customer for US T-bills. In a way, they helped prop up our falsely inflated economy where the Fed prints money and it gets used to pay interest on loans of the fake money. So if China cuts off T-bill purchases it will totally fuck over the fraudulent scheme, and as result the US will see big inflation as the dollar grows more worthless. There is a delicate balance in all these things, but the knuckledraggers running politics ignore that.
This all may be related to Goldman Sachs announcing they plan to split operations. I suspect they know well ahead of time that their domestic banking operations may end up shitting blood in 2023.
If China threw in the towel and said "fuck it" with buying US debt, their economy would crash as well as the US's would.
China has a billion peasants that it must keep employed with dreams of being rich some day.
Out of the 31T in debt, China holds 7T of it. Shit.
They have the ability to fuck us over for this!
Yes, and the OBiden admin and the Fed know that. This war trend is deliberate, probably to make sure they can sink the US economy and cause the great reset.
Oh, look at the downvotes. I am so afraid.