Trump's trade war: Stakes are high at G20 summit

ironic that this is BBC, business division?

what kind of Business division does a communist outfit like BBC run you ask?

well they conveniently forget that China enjoys a massive trade imbalance with the USA every time they write this story.

the business world is now NWO communist... these are not real business people, they are posers, SJWs, and Libtards.

When you take a look at the summit delegates, you KNOW the steaks will be (stacked) high during dinner.

Last Edited by Creme de la Crap on 11/30/2018 07:08 AM

Ouch.. Spot the difference?


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LOL, that is the best thing I have seen you write here yet.

there is hope..

Mmmm Steak!, yummm.

Why Trump wasting time on these globalist summits? Full embargo them all and round up the commie globalists in America.

G20 is dead -
merkel nearly died -
the rest is wining & dining
war starts when they leave

G20 live


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I trust the President to protect and put American interests first.

Well at this little summit I hope they are addressing the potential implosion of Deutsche Bank.

the left will want Trump to bend over for China of course.

The biggest misconception about the trade deficit is that it means that money is flowing out of the country.
The US Current Account - balance of payments of goods and services.
US Financial Account - balance of payments of financial assets are equivalent.

Current account + financial account = CA + FA = 0.

If the US has a current account deficit of $ 470 billion, the financial account surplus will be $ 470 billion.

The level of US foreign investment directly or through the purchase of debt securities equals the trade deficit.
The financial account surplus is equal in size to the current account deficit.
Therefore, the trade deficit does not mean that the money is coming out of the economy. This means that foreigners are investing in the US and buying their securities.
You can not be the issuer of the global fiduciary currency and have a trade surplus, you have to choose one thing or another. If dollars are missing from the system because the US wants to collect the currency, the imbalance will cause a valuation of the Dollar that makes everything that is produced in the US expensive and the system is again balanced by the law of supply and demand if the lack of dollars is systemic trade world will look for other forms of payment and abandon the Dollar because it is expensive and because it is missing.
The destruction of the dollar as the world's currency is being Trump's biggest contribution to the end of US financial hegemony.

omg the stakes are so high it's so exciting!

We're almost back to the pre-WWI Stupid World Order with braindead nationalism leading us towards a world war. Destroy nation states and there is no cause for war.

Why would it be called "Trump's Trade War" when it was the European Union and China ripping America off for hundreds of billions of dollars each year with unfair trade?

PROMISES DELIVERED! Trump-Trudeau-Nieto Sign America-First North American Trade Agreement — USMCA

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President Donald Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto, signed the “new NAFTA,” aka USMCA. DELIVERING AS PROMISED: President Donald J. Trump is keeping his promise to deliver a modern and rebalanced trade deal with Mexico and Canada.

I hope Trump and Xi can work this out. A 10% tariff is doable for long term, 25% is not

100% is best. Don't give an inch to globalist commies.

dont worry, 2019 all are dead