We have a really alarming situation with China. You see, they have 1.3 billion people, and they would like to hire more than half. Meanwhile, they have enough opportunities and opportunities if they continue to grow 10% year-over-year to provide five Earth-sized planets with the same population with all the products they may need. Their production is so large and their capacity to produce is so unusual that they displace all other industrialized countries for production.
There are other problems
They also pollute the environment, exploit their people and economically enslave the masses, while using the tricks of currency manipulation to unbalance trade flows. This causes significant stress, and although we call China one of our largest trading partners, it accepts an obligation on US production, because we have rules and regulations, more litigation and unions that require high labor costs and are extremely profitable due to trade war news.
Yes, we could do more in the United States to remain effective using a little more common sense, but make no mistake that China uses china us trade news all opportunities to serve its will and, therefore, uses us in its favor. If we allow it, it is our fault, and who can blame any country for doing what interests them?
His last round of incentives ended in a terrible situation due to corrupt trade agreements and clan capitalism, which prevails in countries that participate in the so-called “state capitalism,” which ultimately means that friends of friends get juiceand citizens get caught in an invoice and forced labor. through economic slavery. To add insult to injuries, China now wants to print money and try quantitative easing, instead of letting its currency float and grow.