"By Fire" - a Hiatus Kaiyote Cover by Kneebody (Ft. Michael Mayo) [VIDEO]

wheat-dogg, raker of forests, master of steam5/13/2019 6:17:09 am PDT

re: #118 Wendell Zurkowitz ((slave to the waffle light))

China can sustain a lot more damage before it starts to alter its course…they do not have elections to contend with.

China has not burned its bridges with other trading partners, either. In fact, it’s picking up the ones the USA has lost, thanks to Trump’s mercantilism.

China’s central bank can pump up the economy to cope with the trade war. China has huge gold reserves, and billions in US securities. Hard for me to say how the tariffs will affect JQ Public here, though.