Friday, April 11, 2025

People (Trump) who live in Glass houses shouldn't throw stones!

 Especially if these stones are at China. Why?

Because China through U.S. Bonds owns a great deal of U.S. government debt. And if it chose to it could completely destroy the way the U.S. economy works.

and Trump just threw the first Stone at China in this "Trade War?"

And will China now throw an even bigger Stone back at us by destroying our Bond system which finances our Government now and keeps our economy afloat?

ON one level I don't think it is in China's interests to do this? Why?

Because in regard to Trade at least, America has been the goose that lays the Golden Eggs regarding Trade since Nixon and Kissinger.

In fact, it could be said that this trade deal with Nixon and Kissinger prevented a war between China and the U.S. then in the 1970s. And it could be said that millions of Chinese people who would have starved to death otherwise are alive and happy because of this trade with the U.S. too.

So, mostly people don't kill the goose that lays golden eggs simply because it has maybe an infinite amount of Golden Eggs to give still in the future.

But, this is ONLY true if Trump wises up and stops throwing anymore stones at China!

China and the U.S. both live in Glass houses. Throwing stones by either of them at each other destroys both.

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