oldwood

 
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  • in reply to: Debt Rattle November 24 2016 #31477
    oldwood
    Participant

    While I do not pretend to be an economist, much less a trade expert, of what value is the WTO if it allows China to have some of the most punitive import tariffs in the world while preventing America, which has sustained undeniable industry losses, from responding in kind? They impose heavy duties on imports of all types and are about as protectionist as it comes. THIS is MY perception.

    in reply to: Trump Moves as America Stands Still #31476
    oldwood
    Participant

    First, Trump must actually take office and there are still considerable powers still aligned against him to prevent it.
    While we can have no real idea of what may come from Trump, the one thing I am positive about is that he is not part of the existing cabal of corruption. I can tolerate the inefficiencies and destruction of an all powerful government. What I cannot tolerate is the notion that it is deliberately destructive and wasteful or at the very least designed principally to transfer great wealth and power to a relative few…..and THAT is a current reality.

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