b********n
发帖数: 38600 | 1 1) US Importers pay tax to US govt based on $ value of imports; and
2) domestic consumer prices increase to cover tax paid;
3) US consumers start buying less (think Apple, etc) and China buys less (
agricultural products, Boeing aircraft, Caterpillar, Deere tractors, etc)
4) with lower value Renminbi, China starts selling its vast holding of US
Treasuries, driving price down, but receiving higher priced US dollars in
exchange, and continues to buy gold;
5) US ends up with much poorer consumers who take on more debt in an effort
to preserve lifestyle, and ever more massive Federal and state level debt;
6) economic chaos in the US sparks military adventurism as it has done
throughout history;
in sum...the end of the American Empire. China's ascendancy is inevitable.
The problem began right in the USA with unbridled consumerism and tax laws
which encourage it. All the Chinese did is supply an insatiable demand. | n****4
发帖数: 12553 | | b********n
发帖数: 38600 | 3
【在 n****4 的大作中提到】
: Trade War, 缺德战
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