...While the US stock market may drop 200 to 300 points a day during the recent trade turbulence, the American media tries to play this up as the beginning of the end. Even though a dovish Fed announcement regarding interest rates can reverse months of losses in mere minutes, if you listened to any economist on the MSM networks, you would get the impression that the sky is perpetually falling. Looking across the Pacific, the Shanghai Index has lost 20% of its total value this year alone. If that happened to Wall Street, then we would be living through another Great Depression right now. That’s how catastrophic a simple 10% tariff on a quarter of the Chinese goods we import can have. I’ve noticed that for the duration of the “trade war” China has had very muted and calculated responses....
The Reds have problems. They cannot feed their population single-handed; they cannot provide the petroleum their people consume single-handed. They lie, cheat, and steal to or from anyone--which does not make for lasting alliances (albeit, as with the Clintons, some alliances can be purchased--if they stay bought...)
Let not the MSM disturb you too much. It's tense, but Xi Dictator has problems.
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