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Sounds like he thinks along the same lines, as some of us.From an earlier post of mine #512:Do I think he is right in what he is doing? Most of it yes, because the ingrained operandi modus in the West is entrenched.There is a huge amount of money being made by smoke and mirrors and money printing.IMO at the moment the only way the West can stop the slide is by tariffs, this negates the advantage that China has and slows their sales.That should in turn mean that China will have to increase their prices at home, to compensate for loss of sales to the major U.S market, that in itself would become inflationary for China and their wages will have to climb.It wont stop the rise of the second world countries, but it should slow the rise, hopefully it ends up with the countries on a level playing field, without tariffs in the future sometime and most countries with similar living standards.
Sounds like he thinks along the same lines, as some of us.
From an earlier post of mine #512:
Do I think he is right in what he is doing? Most of it yes, because the ingrained operandi modus in the West is entrenched.
There is a huge amount of money being made by smoke and mirrors and money printing.
IMO at the moment the only way the West can stop the slide is by tariffs, this negates the advantage that China has and slows their sales.
That should in turn mean that China will have to increase their prices at home, to compensate for loss of sales to the major U.S market, that in itself would become inflationary for China and their wages will have to climb.
It wont stop the rise of the second world countries, but it should slow the rise, hopefully it ends up with the countries on a level playing field, without tariffs in the future sometime and most countries with similar living standards.
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