The economic strategies in a trade war

[_ajax18]

Yes, I disagree.

Do lenders not charge interest where you are from?

[_Res Ipsa]

Yes, I disagree.

Do lenders not charge interest where you are from?

Lenders, like every other capitalist, make a profit. Am I also a slave to my local grocery store?

[_Doctor CamNC4Me]

He hasn't, ever, made a good argument how he'd be better off under an alternative system.

I don't think you're answering my question. Do you want our children to be in debt to Chinese owners because of our consumption? Is that really a good thing?

I swear to go you post without having even the most basic of understanding regarding what in the world you're talking about. It's just an endless line of erroneous thinking and bad logic. Why do you expect us to educate you on reality? Every single time you're corrected you just move on to another subject you're wrong about. “F”.

Are you genuinely concerned that the Chinese have bought $1 trillion of our debt when we, the people, own the other $11T? And if you're so concerned about debt why do you keep voting in people who are running it up?

Please. Use “F” ing Google before, once again, you make a complete and utter ass out of yourself, and by extension WHITE PEOPLE (since you're our advocate, apparently). “F”.

- Doc

[_ajax18]

I swear to go you post without having even the most basic of understanding regarding what in the world you're talking about. It's just an endless line of erroneous thinking and bad logic. Why do you expect us to educate you on reality? Every single time you're corrected you just move on to another subject you're wrong about. ____.

Are you genuinely concerned that the Chinese have bought $1 trillion of our debt when we, the people, own the other $11T? And if you're so concerned about debt why do you keep voting in people who are running it up?

Please. Use ____ ing Google before, once again, you make a complete and utter ass out of yourself, and by extension WHITE PEOPLE (since you're our advocate, apparently). ____.

- Doc

However erroneous my thinking might be, you sure didn't have a very good answer. Sorry for disrupting your leftist bubble where consumption and debt is considered winning and saving and accumulating currency is considered foolish and worthless behavior. Go back to your echo chamber. I'll leave and not disturb you all anymore.

[_schreech]

If the Trump supporters on this site are any indication of the intelligence and understanding of complicated issues (like trade, international finance, lending and job creation) of your average Trump voter, no wonder we have a tool who throws out idiotic slogans based on pure ignorance running our country. It’s not even like he is saying what they really want to hear because much of what he says makes no sense whatsoever. Trump has just made his followers believe he is saying what they want to hear and that seems to be all they need. It’s doesn't matter that he is doing the opposite of what he said he was going to do across the board, he claims to be republican an that’s all they need.

Look at this thread alone. “We are getting the short end of the stick”, trade deficits are bad”, “trade wars will solve the “problems””, whatever tf Ajax is trying to say I’m sure he thinks drumph will somehow fix it. It’s looking more and more like religion. Don’t worry that you don’t understand the problem OR solution (drumph doesn’t seem to even understand the solutions he ignorantly proposes) , drumph is going to assure you that there is an answer and that he has It and it will be amazing. Small minds and people that need to believe eat it up.

[_schreech]

I swear to go you post without having even the most basic of understanding regarding what in the world you're talking about. It's just an endless line of erroneous thinking and bad logic. Why do you expect us to educate you on reality? Every single time you're corrected you just move on to another subject you're wrong about. ____.

Are you genuinely concerned that the Chinese have bought $1 trillion of our debt when we, the people, own the other $11T? And if you're so concerned about debt why do you keep voting in people who are running it up?

Please. Use ____ ing Google before, once again, you make a complete and utter ass out of yourself, and by extension WHITE PEOPLE (since you're our advocate, apparently). ____.

- Doc

However erroneous my thinking might be, you sure didn't have a very good answer. Sorry for disrupting your leftist bubble where consumption and debt is considered winning and saving and accumulating currency is considered foolish and worthless behavior. Go back to your echo chamber. I'll leave and not disturb you all anymore.

God you are an illiterate tool. Read what he said respond accordingly you racist halfwit. Oh, and is drumphs latest budget helping us win? Is he making America great or are you just ignoring that particular debt because he is white and claims to be on your side.

[_Gadianton]

You know, Ajax, sometimes it's hard to follow your train of thought because it isn't always obvious what racial agenda you're pursuing with your questions. In this case, I can't figure out if your trying to "starve out" poor minorities or prevent a conquest by Asia. Maybe both?

I'm pretty sure that your weapon of choice, white thrift, won't conquer the world for you.

If nobody consumes because everyone is either saving or investing then most likely,

"Note, that as such, this does not imply that an increase in savings must lead directly to an increase in investment. Indeed, business may respond to increased inventories by decreasing both output and intended investment. Likewise, this reduction in output by business will reduce incomes, forcing an unintended reduction in savings."

At great personal sacrifice, you might be able to stamp out some poor this way in principle, but in practice, with an extant welfare problem you're just hurting yourself for no benefit. As for China, I don't know why you think you're borrowing money from China. You're buying lots of cheap crap made in China that ends up in landfills, and I'm all for buying more expensive, better-made things. China owns a trillion of the debt, and so yes, in that respect they are lenders to us. But I don't think we're at the tipping point where we are specifically debtors enslaved to China.

As a matter of personal finance, I generally recommend thrift, but less in principle and more as a counter-market strategy when I think others are over-spending and over-stretching their credit. That can backfire. If the housing market keeps driving up, then the guy who kept refinancing his interest-only loan and partying with his savings will be ahead of mister thrift with his 15 or 30 conventional.

Borrowing money has made a lot of people rich. An older guy I know who turns out to be pretty rich grew up poor in the Bronx. He borrowed money from the mafia as a kid and was just short of retirement by his mid twenties. Was he a slave to the mob? He would have probably been worse than a slave had he not paid it back, but there's great opportunity in a world where there are options for borrowing money.

What I've found with today's right wing is that most of the right wing feels like it works too hard and is entitled to riches and what they call "the good life". Jesus wants us to be rich. Working hard is rewarding, but only if it can support a narrative that has the right-wing worker becoming fabulously rich and able to look down at the poor like John Galt does.

Unless you're born into it, the entrepreneur hero of the right-wing narrative follows a formula of borrowing + hard work + risk. For ever John Galt, there's a guy who went bust. And that guy is likely to wind up writing an article on a right wing blog blaming minorities and liberals for his failure. And so the bottom line is, borrowing isn't slavery, but the opportunity to arise from slavery (hard work that falls short of riches). But its also risky, and so if you wind up as one of the fallen, then blame John Galt, the guy with his foot on your back. It's not the fault of immigrants and minorities.

[_Doctor CamNC4Me]

I borrowed money to buy my house. I'm paying it back with interest. This is good. I have a home, and I'm fueling capitalism. Same with my car, except Toyota gave me a 0% interest rate. Still. They're lending me their product, I'm buying it, and industry is moving forward.

I pay everything with my Southwest Visa card every month. I'm literally being lent money every month, and I pay it back every month. I get air miles for that. I just flew my wife to California and back. We'll be flying to BWI shortly. Because I'm being lent money on favorable terms I'm using it and we all move forward.

On a macro scale the world is our lender, and we're moving things forward. The idea that the people who lent me money have me by the balls is absurd. We're in a mutually beneficial situation. It's the same on a macro scale. Don't forget we're also lenders and in the same vein we're helping others move forward.

It's of course more complicated, bigger, political, and based on MUTUAL INTERESTS, but China owning 5% or 10% or even 20% isn't a problem. It's only a problem if we can't pay back our loan and, much like the WHITE CRACK WHORE WELFARE QUEEN who keeps signing up for debt with no intention to pay it back and keeps getting approved by unscrupulous lenders who then sell packaged debts to speculators who then sell them to ignorant “F” ing Republican dumb crap mom n'pops as a "sure thing" do we have a problem. Sound familiar? Of course not, because Ajax doesn't know the first “F” ing thing about finances, or poor lending practices, or housing scandals beyond NIG NOGS ARE ON WELFARE HURR DURR.

“F”. THIS IS THE BEST WHITE SUPREMACISM HAS TO OFFER? “F” ING ENDLESS RETARD POSTING ON THE INTERNET?

I'll pass.

- Doc

[_schreech]

I borrowed money to buy my house. I'm paying it back with interest. This is good. I have a home, and I'm fueling capitalism. Same with my car, except Toyota gave me a 0% interest rate. Still. They're lending me their product, I'm buying it, and industry is moving forward.

I pay everything with my Southwest Visa card every month. I'm literally being lent money every month, and I pay it back every month. I get air miles for that. I just flew my wife to California and back. We'll be flying to BWI shortly. Because I'm being lent money on favorable terms I'm using it and we all move forward.

On a macro scale the world is our lender, and we're moving things forward. The idea that the people who lent me money have me by the balls is absurd. We're in a mutually beneficial situation. It's the same on a macro scale. Don't forget we're also lenders and in the same vein we're helping others move forward.

It's of course more complicated, bigger, political, and based on MUTUAL INTERESTS, but China owning 5% or 10% or even 20% isn't a problem. It's only a problem if we can't pay back our loan and, much like the WHITE CRACK WHORE WELFARE QUEEN who keeps signing up for debt with no intention to pay it back and keeps getting approved by unscrupulous lenders who then sell packaged debts to speculators who then sell them to ignorant ____ ing Republican dumb ____ mom n'pops as a "sure thing" do we have a problem. Sound familiar? Of course not, because Ajax doesn't know the first ____ ing thing about finances, or poor lending practices, or housing scandals beyond NIG NOGS ARE ON WELFARE HURR DURR.

____. THIS IS THE BEST WHITE SUPREMACISM HAS TO OFFER? ____ ING ENDLESS r____ POSTING ON THE INTERNET?

I'll pass.

- Doc

Here is what happens when you rely on racist white trash to support you financially:

https://www.splcenter.org/hatewatch/2018/04/04/stormfrontorg-restricts-access-donors-shuts-down-main-server

They can’t even keep the most trafficked hate site on the net up and running.

Ajax and his clan mates had better start throwing down some cash or they are going to lose their racist echo chamber. I’m guessing they will blame the “coloreds” and “immigrants”. Lol.

I’m not going to lie to you r/beholdthemasterrace is one of the funniest subreddits out there. This is how I imagine our genetically superior Ajax:

https://www.reddit.com/r/beholdthemasterrace/comments/8brkv4/bill_riccio_a_geneticallysuperior_soldier_in_the/?st=JFZYCE3E&sh=cc77dc3e

[_Doctor CamNC4Me]

https://www.reddit.com/r/beholdthemasterrace/comments/8brkv4/bill_riccio_a_geneticallysuperior_soldier_in_the/?st=JFZYCE3E&sh=cc77dc3e

[–]GrumpyOldHistoricist
54 points 2 days ago
This damned guy.

If you haven’t already, watch the 1990s HBO documentary “Skinheads USA.” It’s about this mutant and his band of teenage followers he’s pretty obviously grooming.

Fast forward a couple years later and (BIG SURPRISE) dude gets busted for being a pedo.

Holy crap. I'm on Reddit every day and I didn't know this existed. Funny how many Conservatives are sexual deviants, and they have the gall to bitch about Clinton getting a blowie.

- Doc