Quote:
Originally Posted by Franco Cozzo
Sure, that's all well and good but if they decide to bite back and have a proper crack, it'll torpedo our economy to the tune of ~$300B. You'll all enjoy an even bigger drop in your standard of living than we're already experiencing right now.
Everyone hates China, but we were stupid enough to make them our biggest trading partner because it was easy, now they have significant leverage over our government.
We couldn't even deal with their temporary factory shutdowns during COVID lockdowns let alone survive a trade war where they actually try.
image
Thats going to head only in one direction and it's not upward  |
Go early 90's recession!
We're not even officially in recession (population growth gets it over 0% so no-one can declare 'recession') and the decade of flannel and goon bag drinking and Nirvana is wiping the floor with today for individual suffering.