iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Trump Saber Rattles China, Heightens His Anti-Globalist Rhetoric on Twitter

At some point, the non believers will have to start learning the old fashioned way. Trump has been very transparent from day 1. If you fuck with American business or its people, he’s going to use the full powers of his office to exact a reckoning. Since the election, the mindless drones on Wall Street have taken a very bullish position on China — bidding up steel, aluminum and copper stocks without a care in the world.

If Trump is truly sincere about protecting US industry from unfair and corrupt Chinese trade practices, which entails dumping and currency manipulation, as well as unfair taxation on US goods entering the country, then this entire dream of a run will be revoked and the nightmare for the status quo will begin — in earnest.

Trump talks to the people directly, laying into China and setting a tone.

Obviously, this is in response to the media’s absurd objections to Trump accepting a phone call from the democratically elected President of Taiwan, which was deriding by the left because it might upset the apple cart of the status quo relationship with communist China. Think about that.

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4 comments

  1. sethster99

    I must admit that I’m impressed with how Trump is sticking to his campaign promise. Problem is that it took $7 Million in free money from Indiana to keep Carrier from moving SOME of their jobs to Mexico. Trump won’t talk about that, nor the fact that they’re still outsourcing other jobs overseas.

    I can’t wait for the day he levies a 35% tariff on a company. Now that will be fun to watch.

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    • infinitezuul

      What if that $7mm was part of a stimulus package… a new, different kind of stimulus… on that doesn’t go to solar panel startups and other green idiocy that fails immediately but not before making a handful of people millionaires with govt loot?

      maybe stimulus to combat the ill effects of globalization makes more sense than govt giveaways that enrich a small, fortunate few.

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    • hattery

      http://blog.dilbert.com/post/153905823756/the-new-ceos-first-moves-and-trump

      Setting the tone as a CEO in chief and he hasn’t even been sworn in yet.

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  2. wolfdaddy

    It about the bigger picture. And the taxes Indiana will generate from those workers will make up for it. Do the math

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