[B8L] Post #680035

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Topic	Assuming Obama gets re-elected, what will he have to do
Metal_DK 01/17/12 7:46:00 PM #47:	This is not nearly as bad as it sounds. China needs us more than we need them. This would be an attempt to bring China to the bargaining table, and extract some major concessions out of them. Who gets hurt the most if the US and China put massive tariffs on each other? In the US, that would be the top 1% most of all, and then the middle class who could no longer buy super cheap goods. The bottom half may not be harmed at all, as manufacturing jobs return to the US. And China is not the only source of cheap labor in the world, our companies can easily relocate their workforce to other third world countries. It may take some time, but that's all it would take, so the upper half in America would not be utterly crippled either. China, on the other hand, needs us far more. Without trade with the US, they have no buyers for the goods. You could get horrific economic collapse pretty quickly. Also, China cannot call their debts, because the US is not late on any payments. And is not in danger of being late on any payments. War is of course a horrible idea, but there's no reason to do that. agreed. The nuke them crap is just that. But China is very dependent on us still. -- Pride. Passion. Excellence. Metal_DK Currently playing: Sengoku Rance, Starcraft II <cite>Metal_DK posted [p:680035] in Assuming O... [t:61683013]...</cite> <quote> This is not nearly as bad as it sounds. China needs us more than we need them. This would be an attempt to bring China to the bargaining table, and extract some major concessions out of them.Who gets hurt the most if the US and China put massive tariffs on each other? In the US, that would be the top 1% most of all, and then the middle class who could no longer buy super cheap goods. The bottom half may not be harmed at all, as manufacturing jobs return to the US. And China is not the only source of cheap labor in the world, our companies can easily relocate their workforce to other third world countries. It may take some time, but that's all it would take, so the upper half in America would not be utterly crippled either.China, on the other hand, needs us far more. Without trade with the US, they have no buyers for the goods. You could get horrific economic collapse pretty quickly.Also, China cannot call their debts, because the US is not late on any payments. And is not in danger of being late on any payments. War is of course a horrible idea, but there's no reason to do that.agreed. The nuke them crap is just that. But China is very dependent on us still. -- Pride. Passion. Excellence. Metal_DKCurrently playing: Sengoku Rance, Starcraft II </quote> ... Copied to Clipboard!
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Assuming Obama gets re-elected, what will he have to do

Metal_DK
01/17/12 7:46:00 PM
#47:

This is not nearly as bad as it sounds. China needs us more than we need them. This would be an attempt to bring China to the bargaining table, and extract some major concessions out of them.

Who gets hurt the most if the US and China put massive tariffs on each other? In the US, that would be the top 1% most of all, and then the middle class who could no longer buy super cheap goods. The bottom half may not be harmed at all, as manufacturing jobs return to the US. And China is not the only source of cheap labor in the world, our companies can easily relocate their workforce to other third world countries. It may take some time, but that's all it would take, so the upper half in America would not be utterly crippled either.

China, on the other hand, needs us far more. Without trade with the US, they have no buyers for the goods. You could get horrific economic collapse pretty quickly.

Also, China cannot call their debts, because the US is not late on any payments. And is not in danger of being late on any payments. War is of course a horrible idea, but there's no reason to do that.

agreed. The nuke them crap is just that. But China is very dependent on us still.

--
Pride. Passion. Excellence. Metal_DK
Currently playing: Sengoku Rance, Starcraft II

<cite>Metal_DK posted [p:680035] in Assuming O... [t:61683013]...</cite>
<quote>
        This is not nearly as bad as it sounds. China needs us more than we need them. This would be an attempt to bring China to the bargaining table, and extract some major concessions out of them.Who gets hurt the most if the US and China put massive tariffs on each other? In the US, that would be the top 1% most of all, and then the middle class who could no longer buy super cheap goods. The bottom half may not be harmed at all, as manufacturing jobs return to the US. And China is not the only source of cheap labor in the world, our companies can easily relocate their workforce to other third world countries. It may take some time, but that's all it would take, so the upper half in America would not be utterly crippled either.China, on the other hand, needs us far more. Without trade with the US, they have no buyers for the goods. You could get horrific economic collapse pretty quickly.Also, China cannot call their debts, because the US is not late on any payments. And is not in danger of being late on any payments. War is of course a horrible idea, but there's no reason to do that.agreed. The nuke them crap is just that. But China is very dependent on us still.
        
            --
            Pride. Passion. Excellence. Metal_DKCurrently playing: Sengoku Rance, Starcraft II

        
    
    
    </quote>

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