A real tariff war

Posted: April 6, 2018 in Uncategorized

The tariff wars are ratcheting up. But now are more trading tactics and before the 20 May we can see more and more before they come into effect.

Buy this is brutal style of negitiation could lead to some real minor concession from China to let Trump save face. At the end the American is the largest consumer. And nothing would have happened (aside the Republican saving some election in the mid term November election).

If I am wrong I think we should not worry about the markets.

A real trading war will throw the US and West into a depression with inflationary pressure and China food inflation that would turn into insurrection.

The elites, confronted with this scenario, will resort to the traditional solution. A real shooting war China/Russia vs US and the West.

The markets will be the last thing to worry about, unfortunately

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s