Editor’s note: The fantasy narrative of China’s nuclear option – selling US treasuries to tank the dollar – was always wrong. This story shows that the mainstream press is accepting that it was wrong. China selling treasury bonds would, if it had an effect, push the dollar exchange rate down. which would be good for…
Editor’s note: A very good piece on tariffs’ pro-growth role in US economic development. The Trump White House on Friday ramped up tariffs on billions of dollars of Chinese goods as talks to resolve a tense standoff over trade dragged on — resorting to a weapon once used regularly by American leaders. [Jeffry Bartash |…
Editor’s note. CPA Chairman DiMicco does a great job vs Sen. Heitkamp on Squawk Box. [May 13, 2019 | Squawk Box on Twitter] Watch the interview here with Former U.S. Senator from North Dakota Heidi Heitkamp and Dan DiMicco, CPA’s chairman.
Excerpt: “Yet, free traders in their fantasy world want to keep saying the tariffs are raising prices. The reality is they’re not, and it’s demonstrated by the performance of the economy. And for every one that you could bring to me that says, oh, we’ve been harmed, I can give you a hundred examples where they’re not. You…
Editors note. A good article detailing President Xi’s challenge to the US and the world. However, by focusing on the current president it ignores that for the past 30 years the ruling class has been China First hawks, not dovish, democratic internationalists. He is the global leader of opposition to the US position in international…
Editors note. This is a few days old but reposted to show the following point. Governor Hickenlooper, running for president, is an unreformed free trade advocate. Massive deregulation and socialism would both ruin the economic system that allows America to flourish. [John Hickenlooper | May 5, 2019 | WSJ] Dramatic income inequality has driven voters…
