facebookWhat are your thoughts on the trade war? - Seedly

Anonymous

16 Sep 2019

Events

What are your thoughts on the trade war?

How long do you think it will last and do you think that a prolonged US-China trade war will lead to a global recession?

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Cedric Jamie Soh

16 Sep 2019

Director at Seniorcare.com.sg

Repeating an answer I posted in Seedly on the trade war-


I read an article on Donald Trump on where his critics are saying he is not reachign his end-goals on the trade war because he miscalculated how China can react.

The article then continues and proposed:- What if the trade war IS THE END GOAL.

Donald has no intention of ending the war. He already reached the end goal.

Politically, it is helping him a lot.

economically, it is a short term pain for the USA economy, but even those suffering from it believe it is good in the long term to gain more concession from a "bully" that has stolen America's technology, ideas, and undercut workers.

Not taking a side here, but is in tune with what I think:-

Trade war gonna last for couple more years =)

I will continue buying in the stock markets. pick up cheap stuff, stay for the long term =)

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