Author: pnp

Trump, The Tariff Man Is At It Again! [Copy link] 中文

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Post time 2019-5-23 13:21:57 |Display all floors
This post was edited by pnp at 2019-5-23 13:23
cmknight Post time: 2019-5-23 07:42
That may, or may not be, but you stated that Hoover's actions CAUSED the Great Depression, which i ...

"but you stated that Hoover's actions CAUSED the Great Depression,"

There is general consensus that the Tariff Act brought about the Great Depression, even among the intellectuals like Stephen Roach, Yale professor!  What is the diferrence betwen 1929 and 1930?  You can shift it earlier or later, it's about that time, and the Act that caused the Depression!

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Post time 2019-5-24 07:54:06 |Display all floors
pnp Post time: 2019-5-23 13:21
"but you stated that Hoover's actions CAUSED the Great Depression,"

There is general consensus tha ...

No, there is NOT general consensus. The Great Depression was already 8 months underway, when the Tariff Act was signed. There are multiple theories as to what caused the Stock Market crash, but general consensus is that the crash is what triggered the depression. The Tariff Act helped to prolong it, but it was not a causative action. Stephen Roach is an Economist, and his opinion is just one of many.
Stupid people are like Glowsticks. You want to snap them in half and shake the crap out of them until they see the light.
I love sarcasm. It's like punching someone in the head ... only with words

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Post time 2019-5-24 10:48:04 |Display all floors
cmknight Post time: 2019-5-24 07:54
No, there is NOT general consensus. The Great Depression was already 8 months underway, when the T ...

The theory is that the Tariff Act resulted in US imposing tariffs on imports an dother nations retaliated, resulting in a downward spiral and stock market crash, followed by the Depression!  Whatever the case, Trump is dicing with the world's economy with his tariffs on China, Canada, Mexico, Japan etc!! Other nations are only wondering when is their turn to be targeted by Trump, the tariff man!  Malaysian Minister was heard on CCTV it's a matter of time when Trump would turn his gun on them!!

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Post time 2019-5-24 11:25:08 |Display all floors
Trump, the liar, lied again in front of the camera, when announcing billions of $$ aid to farmers, that China is paying billions $$ to US on those tariffs, despite his claim being exposed as lies by economists and other experts.  It is the US consumers and businesses who are paying those tariffs!  Wow, this man has been lying so often that he seem to think nothing of telling lies openly and in public!  Pity the Americans for voting in a liar to the White House!

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Post time 2019-5-24 12:48:38 |Display all floors
This post was edited by pnp at 2019-5-24 12:49

WASHINGTON: President Donald Trump on Thursday (May 23) for the first time linked a dispute over telecom giant Huawei, which he views as a threat to American security, with a deal to resolve the US-China trade war.
"Huawei is something that is very dangerous," Trump told reporters at the White House. "You look at what they've done from a security standpoint, a military standpoint. Very dangerous."
That notwithstanding, Trump said there is a "good possibility" Washington will reach an agreement with Beijing to end the escalating trade conflict, and that "it's possible that Huawei would be included in a trade deal."

It is now even more obvious that this whole Huawei as a security threat is Trumped up to get a better deal from China!!  Must be  a page from his book " The Art of the Deal"!!

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Post time 2019-5-24 14:08:24 |Display all floors
(CNN)Just as Mexico was supposed to pay for the wall, but isn't, now China is supposed to pay for President Donald Trump's plan to bail out US farmers.
Neither statement is true, of course, as has been pointed out repeatedly.

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Post time 2019-5-25 07:28:54 |Display all floors
pnp Post time: 2019-5-24 11:25
Trump, the liar, lied again in front of the camera, when announcing billions of $$ aid to farmers, t ...

There's one thing you and I can both agree on ... Trump couldn't find his own pi gu with both hands and an anatomy diagram!
Stupid people are like Glowsticks. You want to snap them in half and shake the crap out of them until they see the light.
I love sarcasm. It's like punching someone in the head ... only with words

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