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China's economic growth sinks to a 26-year low

#13

(10-22-2019, 02:06 PM)jagibelieve Wrote:
(10-22-2019, 01:52 PM)The Real Marty Wrote: If China's economy is hurt in this trade war, there will be collateral damage in our own economy.  A lot of people seem to think international trade is a zero sum game.  It's not.  Hurting China's economy will cause damage in the US economy.

The difference is, the U.S. can absorb any "damage" that might come from this.  China can not.

China doesn't have elections.  We do.  So don't be so sure we can absorb the damage without some political fallout.  China, on the other hand, will use their complete control of the media to blame the United States for their economic woes.  They can hang tough a lot longer than we can.  See what happens if we have a recession before the election.
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RE: China's economic growth sinks to a 26-year low - by The Real Marty - 10-22-2019, 02:17 PM



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