[ DONATE TO RMN ] [ Return to Main Page ] [ Read Prev Article ] [ Read Next Article ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

RMN is Reader Supported

Our Goal for
FEB 7 - MAR 5:
$2500

Powered by FundRazr

Click Widget
or Click Here to contribute.

Checks & Money Orders:

Raye Allan Smith
P.O. Box 95
Ashtabula, OH 44005


Users Online:
114

Who Founded RMNews?


Dewitt Jones' Video
"Celebrate What's Right
With The World"


"When the
Starships Fly!"

Listen at YouTube


The Theme for The Obergon Chronicles

Listen at YouTube


The Obergon Chronicles ebook


RUMOR MILL
NEWS RADIO


CGI ROOM
Common Ground
Independent Media


WHAT ARE
THE FACTIONS?


THE AMAZING
RAYELAN ALLAN


BIORHYTHMS

LOTTO PICKS

OTHER WAYS TO DONATE


CURRENT MOON




RUMOR MILL NEWS AGENTS WHO'VE BEEN INTERVIEWED ON RUMOR MILL NEWS RADIO

______________

NOVEMBER 2008

Kevin Courtois - Kcbjedi
______________

Dr Robin Falkov

______________

Melinda Pillsbury Hr1

Melinda Pillsbury Hr2

______________

Daneen Peterson

______________

Daneen Peterson

______________

Disclosure Hr1

Disclosure Hr2
______________

Scribe
______________

in_PHI_nitti
______________

Jasmine Hr1
Jasmine Hr2
______________

Tom Chittum Hr1
Tom Chittum Hr2
______________

Kevin Courtois
______________

Dr Syberlux
______________

Gary Larrabee Hr1
Gary Larrabee Hr2
______________

Kevin Courtois
______________

Pravdaseeker Hr1
Pravdaseeker Hr2
______________

DECEMBER 2008

Tom Chittum
______________

Crystal River
______________

Stewart Swerdlow Hr1
Stewart Swerdlow Hr2
______________

Janet Swerdlow Hr1
Janet Swerdlow Hr2
______________

Dr. Robin Falkov Hr1
Dr. Robin Falkov Hr2
Dr. Robin Falkov Hr3

JANUARY 2009 ______________

Patriotlad
______________

Patriotlad
______________

Crystal River
______________

Patriotlad
______________

Dr. Robin Falcov
______________

Patriotlad

FEBRUARY 2009

Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies, Spirituality,
Home Schooling, Home Mortgages and more, in:

The Rumor Mill News Reading Room

War Of Words Heating Up: "We Could Cut Off The Whole Relationship" - "Era Of globalization is Over'- Trump

Posted By: GeorgeEaton
Date: Friday, 15-May-2020 01:42:27
www.rumormill.news/146845

"We Could Cut Off The Whole Relationship" - War Of Words Between Trump And Beijing Is Heating Up
By Tyler Durden, Zerohedge
(Excerpts)
A solid chunk of President Trump's latest sit-down interview with one of his favorite reporters - the OG "money honey" Maria Bartiromo - was devoted to the president's latest belligerent musings about China, the latest in an escalating tit for tat as at least one hedge fund titan subtly warns that 'World War III' between the US and China might be a tail-risk worth hedging against.

Asked about the US-China bilateral relationship, Trump replied "we could cut off the whole relationship," saying the US "could save $500 billion" by doing so. For those who don't understand the significance of this last remark, it's a reference to cancelling some of the massive pile of Treasury debt held by China. Rates have continued to drop even as China has dumped a large chunk of its US foreign-exchange holdings, which has prompted some economist know-it-alls to insist that the Fed could simply soak up the entire slug of debt held by China, dismissing the risk of a destabilizing spike in interest rates.

"There are many things we could do," Trump said, "we could cut off the whole relationship." explaining that if that happened "[US would] save USD 500bln if you cut off the whole relationship. At what point - and I said this for years...and I said it about other countries also. Nato, I was able to get them to pay hundreds of billions more. You know who is my biggest fan in the world? Secretary Stoltenberg [the head of NATO]."
But with China, unfortunately, "you can't have an even deal"...seeming to suggest once again that the "Phase 1" trade deal is as good as dead,..
Schmidt probably winced when the president declared to Bartiromo that the "era of globalization" is over.

But as far as we can tell, there are some obvious errors in Schmidt's reasoning, most glaringly this: The Communist Party has no interest in allowing any American multinationals to take a dominant position in China, and - what's more - the party is willing to guarantee that this won't happen by adopting policies that disadvantage foreign competitors while subsidizing Chinese state-backed companies. While Beijing under Xi has made a few token gestures toward "liberalization", it's clear that the president's authoritarian bent has already moved China in the opposite direction, more aligned with the hardliners in the party who have been suspicious of the US since the 1970s, and whose suspicion, bitterness and contempt only intensified after the fall of the Soviet Union.
More at source:


https://www.zerohedge.com/geopolitical/we-could-cut-whole-relationship-war-words-between-trump-and-beijing-heating





If you enjoyed this article,
Please consider a monthly subscription to Rumor Mill News!!


RMN is an RA production.

The only pay your RMN moderators receive
comes from ads.
Please consider putting RMN in
your ad blocker's whitelist.

Serving Truth and Freedom
Worldwide since 1996
 
Politically Incorrect News
Stranger than Fiction
Usually True!


Powered
by FundRazr
Click Widget
or Click Here to contribute.


Organic Sulfur 4 Health

^


AGENTS WEBPAGES

Provided free to RMN Agents

Organic Sulfur 4 Health

^


AGENTS WEBPAGES

Provided free to RMN Agents



[ DONATE TO RMN ] [ Return to Main Page ] [ Read Prev Article ] [ Read Next Article ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

The Rumor Mill News Reading Room is maintained by Forum Admin with WebBBS 5.12.