Thursday, February 9, 2017

China: A Trade War Will Be Disastrous (iShares FTSE/Xinhua China 25 Index ETF (FXI))

I am just watching. I haven`t figured out what Donald Trump is going to do. He keeps saying that he is going to hit them very hard. Trade wars have always been disastrous for everybody. Nobody has ever won a trade war. Trade wars have always led to bankruptcies. So, Mr. Trump does not seem to care about all of that, he thinks he is smarter than history. 

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