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How do we prepare for a trade war with China?
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Addicted to MacNN
Join Date: Dec 1999
Location: Tampa, Florida
Status:
Offline
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In the midst of a war with no nukes, no planes, no grenades, just high prices, low unemployment, flaccid stock portfolios, and no iPads, how will we survive and make the other side cry uncle first?
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Posting Junkie
Join Date: Jan 2006
Location: Colorado
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Offline
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It seems as if you're saying that China will stop accepting our dollars to build our crap because they would rather piss us off.
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Addicted to MacNN
Join Date: Jan 2003
Location: Great White North
Status:
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Through energy and water. The problem is not china though. Its corporate America. You need to make Corporate America cry uncle not China.
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Blandine Bureau 1940 - 2011
Missed 2012 by 3 days, RIP Grandma :-(
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Addicted to MacNN
Join Date: Dec 1999
Location: Tampa, Florida
Status:
Offline
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Trade enforcement units, investigate unfair trade practices?
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Professional Poster
Join Date: Feb 2000
Location: Nashua NH, USA
Status:
Offline
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Keep selling them debt till their middle class starts to spend their savings and they can't buy anymore and then watch the dollar crash and take the yen with it. Then when they dump the debt buy it all back with foreign currency reserves you've been quietly accumulating thru a bazillion shell companies.
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Professional Poster
Join Date: Jul 2001
Location: Chicago
Status:
Offline
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Force failing U.S. factories to churn out Hello Kitty merch to tilt the trade deficit in America's favor
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Barack Obama: Four more years of the Carter Presidency
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Mac Elite
Join Date: Apr 2001
Status:
Offline
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China is already losing the trade war if there is one. They're doing all the work to snap our ipads together and make us cheap molded house hold items with their stone age industry/economy and all they get in return is worthless US dollars; which they haven't found much use for yet, and in fear of them losing value to inflation have felt forced to buy more and more of our debt.
Edit: check out the Shanghai index for kicks.
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