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User Info Handicapping The Norks; entered at 2017-08-11 19:13:50
Posts: 183
Registered: 2008-12-02 Raleigh
Again late to the conversation , but had to add my 2 cents. As for the 300% tariff, I am sick and tired of the threat of OMG the economy will crater, OMG the markets will crash, etc. So what if apple products jump by 50%? that won't phase me one bit. So what if every single android phone jumps up by 50%? I will not be hurt one bit. I as well as 80% of America can do without most of the stuff that would be impacted including the markets crashing as well. In case nobody has noticed the markets are going to crash anyway. Its just a matter of timing. One of the best things that would happen would be people not being able to buy some of these things and for the markets to crash. Its better to do it now vs a death by 1000 cuts which is what has been happening for 20 years or more. With tariffs at 300%, we would have manufacturing plants going up everywhere within 18 months. I can take the pain. Most of America can too , they may not like the pain, but they could take the pain. China has the most to lose, not us. Their economy tanks, their people get rowdy and start riots. Oh, If NK were by chance to nuke Los Angeles, San Francisco or Seattle I would not shed one tear. Not a single one. Nobody wants to admit it, but we hold all the cards.
2017-08-11 19:13:50