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China, cancel LPG exports to china, page-38

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kickst@rter

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258

06/11/20

08:52

Post #: 48678908
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Originally posted by Cosmoterios: ↑

Oh great idea (Not) Sherlock.

Why don't you send Scotty an email?

And if you didn't know already, we have had an annual "TRADE SURPLUS" with China, of about USD $70B per year. Note, you normally start a trade war if you are in a Trade deficit (like the US) not when you have a Huge Trade surplus (lol).

That Annual Trade Surplus is equivalent to 150% of the JOBKEEPER programme.

And we had derived this benefit for nearly 30 years. That was why we haven't had a recession for 29 years, until this year.

In any case, a large part of the "Social Security" money you received (eg pension, unemployment) was paid for by those surpluses.

So yeah, go knock yourself out - lets do a Trade War with China.

Just make sure you are prepared to work for your pension and unemployment. There will be NO MORE Freebies.

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Tariffs are for more than just deficits.
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