Sometimes I have to delete what I write, because on reflection, it makes me look like a jerk, which I can certainly be. So this is my second run at the issue.
I have a problem with people who feel that there are safe spaces and work hard to disarm the people who would defeat a maniac with a firearm, or butcher knife, or axe, etc. Usually these people have never had to face a person wielding a knife or a gun. They are kind people who stroke their cat as they sit by the fire and dream of unicorns and rainbows. Unfortunately these people, while almost universally well meaning, are part of the problem.
Unfortunately the only person who will stop a man with a gun is another man with a gun, and when seconds count, the police are minutes away – hours away where I live.
There, that didn’t offend anyone, did it?
A Tale of Two States
Chinese Trade Woes
Chinese manufacturers are currently expecting the central government to continue to depreciate the value of the RMB (Chinese Currency) below 7:1 to counteract the impact of tariffs. Yes, China is a currency manipulator as the US Treasury Department asserted. Chinese manufacturers are hoping to find new markets to replace the lucrative US market, but there are only so many places that will buy what the Chinese make at prices that the Chinese expect to receive.
If China is denied access to US markets though tariffs, the good days will be over and the promises of President Xi and the oligarchs who run China will be broken. Some Chinese believe that they will find markets in India and Pakistan…really, they are saying that. Bottom line, factories in China will close and the political climate will become increasingly brittle inside the Worker’s Paradise.
Americans who are panicking over this don’t understand that China built itself on the backs of US consumers and destructive trade arrangements that were made before President Trump took office. A fair deal is possible with China, but it won’t be the deal they had. And China will need to accept a level of austerity, stop trafficking narcotics to the US and stop stealing intellectual property.