China backtracked on almost all aspects of U.S. trade deal

Re:China backtracked on almost all aspects of U.S. trade dea... by baybal2 on Wednesday May 08, 2019 @10:13AM (#19858951)

> Trump gets for doing what needs to be done.

Reducing new borrowings and doing dramatic gestures to reduce debt? No, he is not doing that. US deficit shot up dramatically as giant loads of new t-bills went into circulation, and financial players got strong signal on US interest rates.

To reduce the trade deficit, the first thing to do is to reduce the fiscal deficit — a thing that has little to do with trade.

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Re:China backtracked on almost all aspects of U.S. trade dea... by Fjolsvith on Wednesday May 08, 2019 @07:35PM (#19863994)

What would you do if you were going to perform an audit of the Federal Reserve?

Lets say that the Fed has not been exactly lawful with the way they sling money. And you know it because you've put someone in charge that could take a look. So you have the justification for shutting it down. Wouldn't you max your "credit card" out if you knew you were going to be able to cut it up?

Trump knows debt better than anyone on this planet. Don't let him fool you.

[ Parent | on HN ]