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24/09/20
17:07
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Originally posted by Cosmoterios:
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You can do whatever you want. I know what I will be doing, and have done, for more than 10 years. You should note, many of our Australian companies (including BHP, WPL) have been doing business in China for 30 plus years, and on two-way trades, we gained circa USD $70B in trade surplus per year. You know, its not its our first rodeo. We know how to do business in China. Moreover, think about this: what if we had a USD $70B trade surplus with the US and Trump forced us to buy USD $70B more of their goods.How do you think Australian will feel? Importantly, what do you think will happen to our living standards? In contrast, do you see the Chinese Gov forcing us to buy more than USD $70B of their goods or reducing USD $70B purchases of our goods, just to balance their budget? Note, that USD $70B Trade surplus we gained, has been responsible for more employment, more disposable income, more taxes for our Gov, more social security, more hospitals and schools. It has played a major part in the lifting of our living standards for the last 29 years. Sure, if you want to buy into BS narratives from Trump and his sycophants, go right ahead.
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there you go your last sentence says it all were did i mention trump unlike you i think for myself make my own observations you can say what you like but dont assume donald trump influences what i say jmt