That's closer, but why would the US pay for Chinese goods in pounds sterling?

Very good Now corrected.

The US, by a country mile. I'm almost certain it won't come to that though.

Yes, the the US owes China some trillions.

It's the old adage: if you owe the bank a thousand and can't pay, you're in trouble. If you owe a million and can't pay, you're in big trouble. If you owe a billion and don't pay, the country is in trouble....

If the US wouldn't import all the crap (and the iPhones) China produces, it wouldn't take long for a revolution to break out in China. Dozens of millions of workers rely on that steady stream of orders.

Except China has enough money in their bank to subsidize their workers for a very long time; if they choose to.

On the other hand, how would Trump cope with frustrated US consumers who can no longer buy their new toys

It would be an interesting experiment ;-)

If you look at the real estate bubble in China, you might be tempted to say that China has been subsidizing their workers for quite some time.

Nicely presented from these gentlemen:

https://www.youtube.com/watch?v=BcyYyyaPz84

Canada and 10 other Pacific Rim countries have finalized an international free trade deal without the U.S.

The revised Trans-Pacific trade deal, called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, was reached in Japan today and announced by International Trade Minister François-Philippe Champagne.

Source

US could find itself shut out!

Japanese Finance Minister Taro Aso said that Japan would not enter a bilateral free trade agreement with the United States to resolve the two countries' trade imbalance.

His comments came a day after President Donald Trump, during his visit to Japan, bemoaned the trade imbalance and Trump pushed for a more favorable bilateral trade deal with Japan after pulling out of the multinational Trans-Pacific Partnership.

source

If Japan are reluctant to enter a bilateral free trade agreement with the United States then what chance has the UK post Brexit

__________________
It is naive to assume my posts are my own work

No iPhones in the US? Revolution would break out in the US before China!

I'm trying to find the logic in this. Why would a city be built, if there is no demand? Cities have to grow.
And why would I want to buy an apartment-house when I can't find tenants for the flats? Houses need to be lived in, like cars need to be driven.
And even more, why on earth would I believe that someone will buy that aparment-house from me in a few years and let me make huge profits?! Let's face it, the houses will just fall apart over the years.

Am I missing something?

I'm not so sure the best way to deal with trolls is to troll back (and what, stoop to one level lower? ad nauseam). Disengagement from pointless debates makes more sense to me. We all have to prioritise, our energy is limited. And "trolling" in politics is catastrophic. It makes politicians look dumb.

I don't think we need a consensus, in fact this is the last thing we need. There can't be a unified school of thought in a normal society.

I think this maybe comes down to how 'consensus' is defined.
1. general agreement ---in this definition I agree with you that consensus is not necessarily a good option.
2.the judgment arrived at by most of those concerned ---Maybe not the judgement of all, but all must work together WITH the judgement to move forward (acceptable without agreement).

Sounds so MAGA it makes me laugh.

The push for progress where first people pull for means together seems logical, then they can see how it is possible to invest. To push for redistribution of means before they are even created seems destructive, to say the least. Just a way to obstruct, to gain an advantage.

Agree and since the topic about a political appointee then there will never be a consensus. You always get some people who vote for one candidate and other people who vote for others.
That, of course, is the measure of a healthy democracy.

It's a speculation-bubble of epic proportions.

I may be mistaken but I heard in another video that the land is often just on a long term lease from the government,for 50 or 70 years.
That's why nobody invests in renovation and upkeep....

This Trump presidency is better than any TV series on HBO. Each weekly episode is layered with all kinds of rich storylines.

S02E01: Bigger Button, Fire and Fury, Sloppy Bannon, Unfit
S02E02: Daca Love Bill Shithole
S02E03: Excellent Health, Good Genes, Shutdown shut down

S02E04: A few of this week's emerging storylines: Samsung, Secret Societies and Davos. I would hate for him to leave Davos without at least doing or saying a few bombastic snowflake melting things .

This is may be the best of any presidencies we've seen in the past century.

I like the longcoat, no tie and white MAGA hat visuals. Optics look like a bad ass mofo who doesn't give a sh!t and gets things done. I'd like to see him rock that sh!t in Davos.




MAGA!

Strange the MSM did not make the connection that Melanie made this announcement on the day of their 13th wedding anniversary; which anniversary they did not appear to celebrate?

In fact the last such celebration seems to have been in 2014

Surprising for such a prolific tweeter.

Good to see you agreeing with me although rather late

Not any more, photo from Nürburgring Nordschleife; never did better than ten and a half minutes

CIA Director Mike Pompeo and Director of National Intelligence Dan Coats have both been interviewed as part of special counsel Robert Mueller's investigation.

Source

Getting ever closer to Trump; whether they have anything substantial or not against Trump is not yet known.

In the interest of fairness and balance, I have to comment on this, too:

Is this something to do with Trump turning immigrants back at the border?

Did you notice how the 928 has various interior controls and trimmings that make very little sense whatsoever? I can see how you might have some characteristics of a 928.

I believe this weird urge to try to find agreement, or attack those who don't agree is at the root cause of most of today's leftist retardations. It is fascist, and it's not good for your mind Marton, don't even try.