Are trade wars good and easy to win?

Discussion in 'Asia' started by reedak, Oct 10, 2018.

  1. reedak

    reedak Well-Known Member

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    Donald Trump tweeted on Mar 2, 2018:

    "When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!"

    However, his unbridled optimism was dashed on October 11, 2018 when the words BREAKING NEWS continually flashed across the television screen:

    "Dow sheds over 800 points (-831.83), worst drop since February. Worst day for US tech stock since August 2011."

    https://twitter.com/realDonaldTrump/status/969525362580484098

    https://money.cnn.com/data/markets/dow/
     
    Last edited: Oct 10, 2018
  2. reedak

    reedak Well-Known Member

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    2. Another day of bloodbath in the stock market, or rather, "waterbath" -- very wet, from the standpoint of water.

    Wall Street posts second day of steep losses, falling over 500 points (-545.91).

    Instead of threatening he has "a lot more to do" on China trade, Trump should realise he has "a lot more to do" on his own country's economy, otherwise Wall Street can keep falling like "Trumpty Drumpty".

    https://money.cnn.com/data/markets/dow/

    https://www.reuters.com/article/us-...e-has-a-lot-more-to-do-on-china-idUSKCN1ML1TF

    http://www.politicalforum.com/index...man-of-the-mountain-1.530840/#post-1068961728
     
  3. yiostheoy

    yiostheoy Well-Known Member

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    Trade war is the only solution to unfair trade.

    Trump has got that right.

    Xi's days of cheating are over.
     
  4. reedak

    reedak Well-Known Member

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    Are you sure or not?

    If the trade war continues, it could have a serious impact on the political fortunes of Trump and his party.

    Source: https://www.outsidethebeltway.com/how-will-trumps-trade-war-impact-american-politics/

    Whether you have the right or not, once you jump down from a skyscraper, that is the end of you. Like the law of gravity, market forces work in the same way for everybody whatever his nationality or right.

    As shown in the recent US market bloodbath, or rather, "waterbath" (very wet, from the standpoint of water), Trump and his countrymen are not exempted from the disastrous consequences of trade wars. Moreover, it is questionable whether Trump and his country have got that right, as claimed by you.

    (c) If a population of over 329,800,000 (and you are one of them) can be "cheated" by one man, as claimed by you, that country absolutely has no hope in the future.
    Don't forget, Senator Marco Rubio had warned Americans that Donald Trump Is a con man, and you are so dumb and gullible to believe in a con man ! :xd:

    https://countrymeters.info/en/United_States_of_America_(USA)

    http://prospect.org/article/marco-rubio-right-donald-trump-con-man
     
    Last edited: Oct 12, 2018 at 6:25 AM
  5. yiostheoy

    yiostheoy Well-Known Member

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    Yah @reedak I am positive.

    You should have learned this too in American History back in the 8th Grade.
     
    Last edited: Oct 13, 2018 at 12:46 AM
  6. reedak

    reedak Well-Known Member

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    My great friend, you seem to have gone beyond the 8th grade. Unfortunately, talented people like you seem never have the luck to be elected into the White House. Instead, a dude with the mentality of a third-grader was chosen to run the country.

    If you run for the next presidential election in 2020, I shall support you sky-high with my hands and legs. :angel:

    https://www.politico.com/magazine/story/2015/08/donald-trump-talks-like-a-third-grader-121340
     
  7. yiostheoy

    yiostheoy Well-Known Member

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    Yes, way beyond 8th Grade, which you yourself seem to have slept through, because 8th Grade is where American students are first taught about protective tariffs -- the pro's and the con's.
     
    Last edited: Oct 13, 2018 at 10:19 PM
  8. reedak

    reedak Well-Known Member

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    Unfortunately, your idol or cult leader is still wallowing in the wet mud of third grade -- wet, from the standpoint of water.

    That's why if you run against him in the next presidential election, I shall support you sky-high with my hands and legs. :angel:
     
  9. yiostheoy

    yiostheoy Well-Known Member

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    I did not vote for Trump.

    You should write that down somewhere so you can remember it.

    Or better yet tatoo it on your forehead.
     
  10. reedak

    reedak Well-Known Member

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    I know you only voted for yourself.

    That's why I am going to support you sky-high with my hands and legs in the next election whether there is wet rain or not -- wet, from the standpoint of water. :xd:
     
  11. yiostheoy

    yiostheoy Well-Known Member

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    Iggy list for you then.

    I don't have time to read your crap.
     
  12. jay runner

    jay runner Well-Known Member

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    China's economy is in the tank. USA economy keeps getting gooder and gooder.

    Lowest US unemployment in 50 years. Bamm!
     
  13. reedak

    reedak Well-Known Member

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    Yes, your English keeps getting "gooder" and "gooder" just like the stock market which fell -89.44 or -0.35% on 15 October 2018.

    P.S. Continue jay running across the street. :xd:
     
    Last edited: Oct 15, 2018 at 10:03 PM
  14. reedak

    reedak Well-Known Member

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    Look forward to seeing your return soon. :xd:

    By the way, didn't you notice that your so-called "crap" is not plucked out of the thin air by me but originates from countless sources of American "crap"?
     
    Last edited: Oct 15, 2018 at 10:21 PM

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