submitted by BonerDonor
We've seen enough signs on the wall to know that the whole Chinese economy is a bubble... and Trump's trade war is the needle. Already they're showing signs of popping. Pretty soon they won't be able to borrow or print the money they need to keep the bubble going.
When it does pop, a lot of their manufacturing base will go bankrupt and slow or cease production. The typical cheap shit from China products will increase in price.
This will create some short term hurt for America, as pretty much everything Walmart sells will go up in price. Expect the liberal media to go full TDS here.
Long term benefit is our manufacturing will be able to step in and scoop up that business. More jobs, higher wages, less China. 100% MAGA move.
We've seen enough signs on the wall to know that the whole Chinese economy is a bubble... and Trump's trade war is the needle. Already they're showing signs of popping. Pretty soon they won't be able to borrow or print the money they need to keep the bubble going.
When it does pop, a lot of their manufacturing base will go bankrupt and slow or cease production. The typical cheap shit from China products will increase in price.
This will create some short term hurt for America, as pretty much everything Walmart sells will go up in price. Expect the liberal media to go full TDS here.
Long term benefit is our manufacturing will be able to step in and scoop up that business. More jobs, higher wages, less China. 100% MAGA move.
Even if none of those jobs came here, it would still be a good thing. I'd rather see them go to Vietnam, Malaysia, Indonesia, the Philippines, or anywhere else. China is the number one threat we face for the next century. Their economy taking a step back will stop their massive military buildup. If you think the democratic countries in the Western Pacific staying free and out of China's sphere of influence is a good thing, then anything that hurts China is a good thing.