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Senior Member
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Join Date: May 2006
Posts: 166,114
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Senior Member
Join Date: May 2006
Posts: 166,114
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Quote:
Originally Posted by bitontheslide
Trump has shown that he doesnt understand the simplest of economics around trade tariffs so it's a bit of a non starter really. I do think China have had it too easy for too long, so something had to be done about them, but i'm not sure sending the world into recession (which these tariffs will do) is the smartest solution.
Just to explain a little further, the world needs China to be in a position of growth to avoid recession, because it is it's economy that drives growth on the worlds. If China's economy shrinks ... we end up in recession. Simple economics.
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Yes we are close to that
And Germany
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