>While some of the rhetoric around trade tariffs on China has died down over the last couple of weeks, the prospect of a trade war has not. On April 18, China imposed preliminary antidumping tariffs of 178.6 percent on sorghum, a crop used to make alcohol and biofuels, while President Donald Trump's threat to impose tariffs on $150 billion worth of goods on everything from solar panels to aircraft to cars remains on the table. >If an actual U.S. trade war ensues, then China's economic growth prospects could be negatively impacted in a significant way. While the country's economy has shifted inward over the last few years, relying on its own citizens to fuel growth, it still exports billions of dollars in goods and services every year. Last year it sold $506 billion in exports to the United States — nearly 20 percent of its exports go to America — while the United States sold just $130 billion to the Chinese. >In January the International Monetary Fund said China's economic growth would top 6.6 percent in 2018, but it could now drop by as much as 0.5 percent if these tariffs are imposed — and it could slow even further if a global trade war truly heats up. China's economy can likely weather a small decline in growth, in part because of its increased reliance on domestic spending, but this isn't the only potentially GDP-destroying situation it's dealing with.
I thought trade wars were a bad thing. How can they be bad if we cripple China's economy while strengthening our own at the same time?
because china is holding a lot of American fiat in their banks, that 14 trillion debt is being propped up by the equivalent in petro-dollar filled accounts, if anything disrupts that inverted pyramid everything crashes. Take a look at the largest national banks and you'll find China at the "top"
Colton Watson
So what are the ramifications if China's economy collapses?
Back to the feudal dynasties of old back when China were warriors and not communist pussies.
Thomas Martin
It would absolutely disrupt the global economy for a few years, cause a pretty significant stock market crash, and force manufacturing to either gravitate to the next third-world hell (Vietnam or India) or cynically come skulking back to the West and the safe havens of its abandoned factories. China would almost certainly kill many millions of its own citizens to maintain control and would very likely attack weaker neighbors like Malaysia in order to seize resources and keep the economy afloat. China isn't like Russia where the transition from communism would be relatively bloodless (even the USSR's collapse wasn't bloodless, there were tanks shooting in Moscow). Every single regime collapse in Chinese history was accompanied by fire and blood. Except this time they've got nukes and millions of soldiers who would probably turn warlord if their paychecks stopped coming.
In really fucking hope this happens. All of the fedora atheist retards that say China will replace the US eventually will be finally proven wrong once and for all.
Matthew Ortiz
(((Domestic banks))). They buy bonds and bills, yet are FDIC insured, which after 2008 proved to be "you are legally bound to bail banks out of the consequences of their own bad decisions". Thus creating a sort of Divide-By-Zero scenario where an American sovereign debt crisis would cause banks to collapse, and those same banks would call in government assistance from a government that's insolvent because it owes too much money to the banks that are calling in for government assistance.
Instant Weirmar Germany.
Ayden Carter
Famine, Tyranny..
You know, the usual.
Angel Moore
the only reason we are in this is because if we are literally that guy who bleeding out and is kill. We are about to die anyway. What do? Do we take the nigger out that shot us or do we lay down and die.
But the Yuan is backed by a false economy, that is backed by an artificial GDP, that is inflated by government backed construction projects like the numerous ghost cities they have been building for years.
Mason Gutierrez
life is better under a USA Gun.
Hudson Reed
that's what Russia said So in response China set up an exchange in Shanghai were they can trade yuan for gold directly
Eli Jackson
agreed
Caleb Williams
18 trillion chongs will die in Beijing alone
Lucas Bennett
But the Dollar is backed by a false economy, that is backed by an artificial GDP, that is inflated by government backed projects like the numerous inner city 'youth' programs they have been doing for years.
Camden Morris
As a Nationalist-Racialist i support the Russia-China axis but the fact is that China is in a bad position. Public and private debt, dependent on JEWestern markets and finances and dangerously dependent on JEWestern mass production technologies.
They are trying to break out from The Jew and yet they are almost totally dependent on The Jew.
Owen Campbell
Spending projects don't account for GDP.
Xavier Sanchez
Either die a slow pathetic death or fight and possibly survive. Simple choice for anyone with balls.
Justin Lee
It is ironic that US tries to push its interest on cost of others and expect others to just bend to their demands and swallow own losses.
It does not work like that. All you will get is deepening confrontation and escalation. You cant scare or threaten the other side to accept conditions not beneficial to them. If China will suffer losses from trade war with US - US will have losses as well, so be it - they will never accept the one sided US demands though.
It seems US "diplomacy" is entirely consists in belief in military and economical supremacy, but at this point it is illusionary. In fact, US is isolating itself. Instead of having world full of open markets and trade, the block mentality is pushed and in the end "western world" will remain just that. Isolated colonies of US and even those might jump the shit when realize the direction US leads them is not to their benefit.
Grayson Harris
Western nations would almost immediately see a massive increase of cheap meth hitting markets
Colton Green
They owe their existence to The Eternal Jew. If not for kikery, they'd likely still be the ROC.
Brody Smith
Buy Bitcoin
Nolan Jones
Only the amounts of money they actually give to niggers don't count. The wages of the people they hire to rubber stamp claims, the buildings they work in, etc. all counts which is like 2/3rds of the welfare budget. And then whatever people spend welfare on counts as well.
Christian Reyes
By printing it? Do you know who owns Federal reserve?
