“China Hits us back with its own tariffs” LinkedIn post

www.linkedin.com/pulse/china-hits-us-tariffs-millions-cards-stolen-saks-hack-rundown-us-

All of us thought that this would be the outcome when President Donald J. Trump announced that he would be essentially unofficially be declaring war on China with it’s tariffs implemented against the country.  Now while the computer algorithms are going through their own process of sell offs controlling our every day lives, money and 401(k)s. Trying to even level out the marketplace to balance this mathematical abnormality that we have seen over the last year and a half where our economy in the stock market has rose to record highs.  The tech industry will end up taking a huge loss as well because of all of we are seeing in the news.  However, just remember while a computer is running these algorithms based upon what it is sensing the market will do it cannot predict what the human outcome would.  That being said, I foresee that overtime the market well not only rebalance itself but in fact go back up. China, while ever wanting to increase its power in the world stage,  just does not have what it needs as of yet to do so. While many of you think it owns all of our debt this is incorrect.  What is true is that China owns the largest individual portion of our debt. The U.S. debt to China is $1.17 trillion as of January 2018. That’s 19 percent of the $6.26 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $21 trillion national debt is owned by either the American people or by the U.S. government itself respectively.  So that can clear up some of what a lot of people get misconstrued.  Not good, but not as bad as everyone thinks either… which leaves America still as the dominant force to reckon with in the world.  Here’s the scariest question though.  How long will the world bank continue to lend us the money that is needed for these ridiculous budgets that are out of control? Oh and another one. What happens when the world bank decides they have had enough with the power of the almighty dollar and changes everything from going into USD to going into something like we almost saw this year with bit currency?  Rendering paper money and currency useless.  That means all debts that we owe anyone and everyone of us would immediately be flashed with interest rates that would skyrocket! Everything would change overnight in the world and would go through one hell of a roller coaster ride.  The only thing scarier then nuclear war would be something similar to this nature.  The only people that would be safe and secure would be the ones who have everything paid off or those with everything bought and paid for. Then the “have nots” would end up going after them. Chaos theory ensues…..all because of one choice. Such is life~c’est lavé. So it’s time to get your fiscal act in order America and quit trying to kick this can down the road to our children because I guarantee that they will not be able to do it or handle it. I mean considering most of them cannot handle the stress of daily life as it is..sadly😔🇺🇸

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