What if that turns out to be not true? China's trade with the US is not that big in $ terms and if they take an economic hit it will be unifying. The USA did this to them. Europe wasn't doing that well before, this jolt could be bad short term, but not that bad long term. And again, very unifying.
After the Trump tariffs in the first term, US sales of Soy Beans to China never recovered. They switched to Brazil. What if the rest of the world just start buying fewer treasury bills (or paying less for the return) from now on? It is possible this could be worse for the USA than other developed countries.
Is your thought process really this empty? I worry for you guys. This is how cult members think - they defer to the great power who has promised to deliver for them even if they keep screwing them over.
Trump is screwing you over and he's doing it publicly. He's selling meme coins and selling your government. He dismantling the US for his personal profit and you are cheering.
No but we are so far apart on foundational beliefs about the state of the country over the last 20ish years that it really isn't worthwhile for most of us to discuss this anymore.
One side says we're saving the country, the other side thinks we're destroying it [another side thinks the first two sides are both crazy]. It's time to see who's right.
This is an investment in the US's future. Yes many indicators are down. Would you expect to see anything different in this scenario (major shift of a multi-generational policy)?
After the Trump tariffs in the first term, US sales of Soy Beans to China never recovered. They switched to Brazil. What if the rest of the world just start buying fewer treasury bills (or paying less for the return) from now on? It is possible this could be worse for the USA than other developed countries.