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Comments by "leapdrive" (@leapdrive) on "China is on the brink of collapse: Art Laffer" video.
Skyprince27, China holds on to the US treasury bills because the dollar is much more stable than the yuan. Don't kid yourself.
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Trump's 25% tariff of $267 B Chinese goods is only the beginning. Step 2 is tariffs for all $500+ Chinese goods. Step 3 is to increase tariffs to 50% on all and, step 4 to increase them to 100%. Of course, it may not even go beyond step 2 before starvation and a Chinese revolt on their communist govt takes place.
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Skyprince27, the democrats are dead as a party! They're losing their base. Blacks, hispanics, millineals, women are leaving in droves. Democrats' rally are made up of a few hundred all paid just attendees to attend. Voting machines are being replaced and guarded. It's the end for China. If China wants to deal which they won't because of pride, part of the deal should include withdrawal from SCS.
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