The college-educated Trump supporters are currently in a trade war with China, Japan, Mexico and illegals (your list btw)? Good to know.
Lolol. You and them have no idea what a trade war looks like. What you are speaking of is what happens when hundreds of millions of people outside of the US modernized.
He is a total wild card but I think his potential sec of state Tillerson came off excellent in his confirmation hearings. His foreign policy views were relatively dovish and he consistently seemed to want to find other dynamic solutions than blunt force sanctions. I don't know who will have the most influence on Trump's actions as president but I think if his sec of state does then his presidency could be relatively successful....but it's Trump so who knows.
You did not read what I posted? Good to know. What does a "trade war" look like? China's economy is export driven - which means it's dependent on consumption from primarily two locations: the EU and the US. The US was "modernized" well before trade with China or NAFTA.
Below is Off topic from my point recession. Trump is likely to start a real war over these islands in the South China Sea if Tillerson has his way. Though I think this recession is independent of any saber rattling (though ending NAFTA or putting across the board tariffs on imported goods will definitely push a recession). This is even further off the topic but it's something I have been worried about since Trumps tweets about building more Nukes. The thought of getting an Amber Alert on my phone with "Seek Shelter, Nuclear Missile Attack Immenient" at 3 am and the 15 or so minutes until the end of American civilization and all of us that would remain really makes me depressed because we could be wiped out without anyway to stop it. Our lives and future could end in a series of mushroom clouds because Trump decided so. Or because Russia or China decided so. This is for an entirely different thread, but my fears for humanity in the short term are nuclear war and in the long term climate change. Both are things we as humanity can work toward preventing, but it seems people have other agendas and beliefs.
19th century Europe. China imports a lot of goods too, along with other SE Asian countries. Why would they want to pay more for America made goods? Essentially all the growth since 2000 has been outside of the developed world. When you invest in a S&P500 index fund, a chunk of your investment is being invested overseas.
The growth is still outside of the developed world. You want to start investing domestically then stop with the Bush Jr policies of deregulation and slashing budgets. Supply side polices will only exacerbate the issue, we need polices that help with domestic demand. Kansas cut their taxes and is still losing to their higher tax neighbors.... Its just a poor policy.
So Kansas is comparable to 19th century Europe which is a good analogy of a potential "trade war" between China and the US?
Nope. Kansas is an example of supply side economics in action. Thought that was pretty straightforward when I mentioned Kansas after talking about supply side cuts.
American Appearal is closing down. http://www.sfgate.com/news/article/American-Apparel-to-close-all-of-its-stores-10857158.php
Our economy is smoke and mirrors right now so you could be right. We have never had a true recovery under Obama. The economy has been propped up with artificially with low interest rates and printing money ("quantitative easing"). The unemployment rate is a lie too as it does not take into count the labor participation rate. It would not surprise me at all if we slip into a recession. Sad thing is the media will blame it all on Trump when Obama did absolutely nothing to help the economy in 8 years.
Don't you think that is non-sequitur? We were talking about a "trade war" with China. How did Kansas happen?
Not at all. When you replied "we should invest domestically", I replied with supply side economics aren't a way to do that and brought up Kansas.
APNewsBreak: Ringling Bros. circus to close after 146 years https://www.washingtonpost.com/nati...2bfe94-dad0-11e6-a0e6-d502d6751bc8_story.html
Recession not necessarily implications of wars or conflicts , it's capital flows from one place to another . I can see after global wave of markets corrections,places like China,Brazil finally getting theirs system fixed and attracting FDI. BTW, where do the richest and wealthiest invest (securely) in US stock markets!~~>> (WM) & other garbage companies which speak volume of sustainability/opportunities outlook
