I keep trying to figure out what card he has to play. The bravado sounds very much like one one makes when you are broke and fighting with your lenders to refinance your debts. Your big hammer is to file bankruptcy and refinance via the court protection. But beyond using a nuke on China, what is the big hammer? I’m afraid that sent me down some rabbit holes, like, would/could he freeze China’s US assets…….including their $750 billion of US Treasury bonds?
Freezing China's assets could quickly turn into a hot war. Given the purge of the Pentagon's senior staff, I'm not sure a US victory is automatic. Dark days are ahead.
Crazy people with big power do not react well to mounting pressure. They get crazier. Wobbly stock and bond markets. Some defections, like Cruz and SCOTUS, from complete acquiescence. Columnist in WSJ suggesting impeachment. Finance guys talking recession and worse. Sagging approval numbers - anyone's guess what our mad king might do next.
Considering one of the reasons Japan attacked Pearl Harbor was the economic sanctions that the U S put on Japan to halt their Asian expansion, your argument about the economic war turning hot, is spot on.
I wish I had an immediate solution but I don't. However, there will probably be a time when you/I/we need to rise up to the moment. You will know it when it happens. Columbia and the big law firms missed it.
I will say in a way that MAGA can understand.
Trump doesn’t have the cards in a trade war with China.
I have been hoping someone would pick up this line but understanding the grave situation, I am not disappointed that elected leaders avoid it.
Regardless of how I feel about dictators, I expect national leaders to act in the interests of their nations. Xi is doing a good job for his nation.
I keep trying to figure out what card he has to play. The bravado sounds very much like one one makes when you are broke and fighting with your lenders to refinance your debts. Your big hammer is to file bankruptcy and refinance via the court protection. But beyond using a nuke on China, what is the big hammer? I’m afraid that sent me down some rabbit holes, like, would/could he freeze China’s US assets…….including their $750 billion of US Treasury bonds?
Freezing China's assets could quickly turn into a hot war. Given the purge of the Pentagon's senior staff, I'm not sure a US victory is automatic. Dark days are ahead.
Mike, I just liked this, and hated having to do it.
This easily makes my Top 5 Things I Hope I'm Wrong About list.
Crazy people with big power do not react well to mounting pressure. They get crazier. Wobbly stock and bond markets. Some defections, like Cruz and SCOTUS, from complete acquiescence. Columnist in WSJ suggesting impeachment. Finance guys talking recession and worse. Sagging approval numbers - anyone's guess what our mad king might do next.
Considering one of the reasons Japan attacked Pearl Harbor was the economic sanctions that the U S put on Japan to halt their Asian expansion, your argument about the economic war turning hot, is spot on.
Trump's only card is our fear to confront him and his fucking imbecile army.
So, how do you suggest "we" confront him and his zombie lemmings?
I wish I had an immediate solution but I don't. However, there will probably be a time when you/I/we need to rise up to the moment. You will know it when it happens. Columbia and the big law firms missed it.