The Market Ticker - China: Screw 'Em
Is Trump serious about China?
I don’t think so. I think he wants a talking point for re-election.
Let’s take an example: The screaming about farmers and ag products.
So Chinaman buys soybeans from Brazil instead of the US in “retaliation.” Ok, this hurts Americans, right? No, it doesn’t. Why not? Because Brazil doesn’t have an unlimited supply of soybeans; nobody does. If China buys them from Brazil then whoever was buying them from Brazil will see either higher prices or an inability to fulfill their demand for them.
But wait a second…… there isn’t someone with more supply than demand right now, is there? Oh wait — there is! That’s the…….
(Click link to read more)
Source: https://www.market-ticker.org/akcs-www?post=236554
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