Guest Post by Bill Bonner
BALTIMORE, MARYLAND – The show went on! And, as we predicted, The Donald claimed victory… and stocks went up.
When we left you on Friday, Mr. Trump was on Air Force One. He was on his way to the G20 in Buenos Aires to decide the fate of the world.
At least, that is the way the showdown with China’s head man, Xi Jinping, was advertised.
The Chinese are “ripping us off,” claimed President T. They treat us “unfairly”… they are “taking advantage” of us.
Trump believes the U.S. loses jobs and wealth to China because his predecessors made bad deals. He, the titular author of The Art of the Deal, believed he could do better; getting a better deal with the Chinese is a cornerstone of his administration.
Continue reading “Now the Trade War’s Fake, Too”
