When Japan bombed Pearl Harbor in on December 7, 1941 how many of those guys who made money selling scrap metal to Japan regretted it? I think most did.
China has a totalitarian govt with a President who is elected for life. They steal from us. They lie to us. They look at us as their principal enemy. Right now it's not a shooting war. The tools they use are economic. They lure key businesses into their country and own a controlling interest in them. They will not allow foreign investment in their key industries. In the face of this tariffs are a great response.
At some point we need to take a hit financially and dramatically cut back on the business we do with China. We should be looking to expand our business relationships to the south.
https://en.wikipedia.org/wiki/Asymmetric_warfareIt's so convenient to forget that we've been at war with China since the 1st Korean war: over 65 years ago.
We forget it. China doesn't.
Their official pronouncements about Industrial and High Tech espionage are bellicose and condescending, taking the position that since we won't outright Give them what we develop (and they Can't), We're the bad guys because of Their Incompetence.
And a drop in the Stock Market has people screaming "See, We Told You Tariffs Were An Idiot Idea!"
Then the market returns and the same crowd yawns and says it was coming back anyway.
If people need a guaranteed return on their money put it in a bank at a tiny percentage of a percent.
If you want Banks that will pay you anything you have to S##t-Can the Feral Reserve.
