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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (64843)4/5/2018 12:27:54 PM
From: zzpat  Read Replies (1) | Respond to of 358846
 
I read that story way back and didn't know we exported our garbage to China. I had to ask people in China why they import our garbage and no one knew they did. It's not even high-value garbage like old computers etc. It's literally stuff that stays in landfills for thousands of years.



To: Wharf Rat who wrote (64843)4/5/2018 6:20:42 PM
From: TimF  Read Replies (1) | Respond to of 358846
 
"If China decides to sell our Treasuries the US dollar will collapse."

True but

1 - It means the value of their holdings collapses.
and
2 - It means their exports to the US will be less competitive.

And generally you would disrupt international trade and finance (even more than the proposed or enacted tariffs would)

Its a rather indiscriminate weapon. More like a bomb (when you are also in the blast radius) than a sniper rifle.


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