Posted by: maboulette | December 13, 2016

Trump, China and Twitter


trump-and-twitter

Someone on the transition staff needs to take away Trump’s phone because he is on the verge of doing some real lasting damage to the economy as well as the safety of the United States. One day last week,  he launched a Twitter rant about the U.S trade deal with China and China building a controversial base in the South China Sea:

Donald J. Trump

✔ @realDonaldTrump

Did China ask us if it was OK to devalue their currency (making it hard for our companies to compete), heavily tax our products going into..

4:23 PM – 4 Dec 2016

 

Donald J. Trump

✔ @realDonaldTrump

their country (the U.S. doesn’t tax them) or to build a massive military complex in the middle of the South China Sea? I don’t think so!

4:30 PM – 4 Dec 2016

The biggest foreign holder of U.S. government debt had $1.22 trillion in bonds, notes and bills in July, down $22 billion from the prior month, in the biggest drop since 2013, according to U.S. Treasury Department data released Friday in Washington and previous figures compiled by Bloomberg. The portfolio of Japan, the largest holder after China, rose $6.9 billion to $1.15 trillion. Saudi Arabia’s holdings of Treasuries declined for a sixth straight month, to $96.5 billion.

CHINA COULD WRECK HAVOC

What does China could wreck havoc  mean – China could wreck havoc if they called in all our debt.  Russia is a key trading partner with China.  Who will the Russians stand with?  And bashing on China’s controversial South China Sea bases?  On Twitter?  Donald Trump is putting us in very dangerous water with his Twitter account…..and he has not even taken the oath of office yet.  He might do more than just wreck the U.S. economy.  He could drag us into a full-scale military confrontation.

Former President Obama advisor Dan Pfeiffer put it best:

Dan Pfeiffer

✔ @danpfeiffer

To call this is a diplomatic strategy would be like calling a monkey throwing its feces against the wall artistic expression

https://twitter.com/realdonaldtrump/status/805538149157969924 …

5:02 PM – 4 Dec 2016

 We are so screwed.

 

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 )

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s

Categories

%d bloggers like this: