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20 sats \ 3 replies \ @BlokchainB 19 Mar \ on: China Markets Are Set to Outperform Wall Street Stacker_Stocks
I highly doubt it because China's recent surge has come on the back of infusing $41 billion pump-aid to sideline growing deflation. Like before this pump won't last forever.
Indeed! It’s just a liquidity play. If this tariff wars gets worse China’s growth is cooked
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83 sats \ 2 replies \ @Coinsreporter OP 19 Mar
If this tariff wars gets worse China’s growth is cooked
I also doubt it because a) Trump is probably not going that far to turn it ugly, b) China will fight it back with whatever it can, c) I believe these tariffs, if turned uglier, would backfire on US.
So, Trump is actually right while taking measurable steps and not going all out against asian powerhouses China and India.
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20 sats \ 1 reply \ @BlokchainB 19 Mar
It definitely will bring pain to the USA but China and these of these nations are in debt as well plus the world still runs on oil which china has to import
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95 sats \ 0 replies \ @Coinsreporter OP 19 Mar
I agree with you on debt but China doesn't import oil from USA. And in case Trump thinks of putting sanctions on suppliers (the biggest is Russia for China), it won't bring any negative impact on China.
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