Temporarily mild knee jerk today! Should be back to normal tomorrow!

Posted by Speedy Boy > 2018-09-24 15:56 | Report Abuse

Today is the T Day for full blown trade war between US and China! However, by tomorrow, everybody will forget about it! 10% tariff is just peanut!

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1 comment(s). Last comment by Junichiro 2018-09-24 20:21

Junichiro

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Posted by Junichiro > 2018-09-24 20:21 | Report Abuse

Jack Ma expects trade war to last 2 decades. If Trump can 'win' the trade war, he will probably lose the 'inflation' war. Both sides would be hit. Some China firms will fold up. New ones would rise up to new opportunities. China would rebalance its economy from export model to consumption model. Trade war is probably a nudge for China to modify its economic model. A new "Yuan" bloc consisting of China, Russia ... would probably gather momentum. Internet would split into two, one run by US and one by China.

So, all is not lost.

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