Robert Shiller – A Trade War Could Cause An Economic Crisis – 26 Mar 18 | Gazunda


PLAYING THIS BLAME SOMETHING YOU CALL A FOOLISH CONSISTENCY HE’S ADVOCATED THIS KIND OF THING BEFORE AND HE WANTS TO SHOW THAT IS TRUE HIS WORDS GOODNESS. OK LET’S TALK ABOUT THE RISKS ARE POSSIBILITIES WITH REGARDS TO THE US CHINA SO FAR THE RESPONSE ON CHINA’S PART TO THE TWO THREE TO STEAL A LOON PAIRS HAVE HAS BEEN PRETTY MODEST ABOUT THREE BILLION DOLLARS FOR RIGHT NOW IF AND WHEN IT DOES ESCALATE THE START TARGETING LET’S SAY SOYBEANS AND SORGHUM BOEING’S CARS WHAT HAPPENED THEN HOW MUCH FLEXIBILITY DOES THE US HAVE TO LOOK FOR ALTERNATIVE SOURCING DEPICTED IN OTHER WORDS THE IMMEDIATE AIM WILL BE AN ECONOMIC CRISIS BECAUSE THIS IS THE ENTERPRISES ARE BUILT ON LONG TERM PLANNING. THEY’VE DEVELOPED A SKILLED WORKFORCE AND WAYS OF DOING THINGS THAT WE HAVE TO RE DISCOVER THESE THINGS IT WILL IN WHATEVER COUNTRY YOU KNOW AFTER THE PARTS ARE CUT OFF AND IS JUST CHAOS. IT WILL SLOW DOWN DEVELOPMENT IN THE FUTURE PEOPLE THINK THAT THIS KIND OF THING IS LIKELY. WOW HOW INFLATIONARY COULD BE A THING FOR THE UNITED STATES STEEL AND ALUMINUM WILL BE VERY SMART BECAUSE IT’S NOT A BIG PORTION. I THINK THAT ACTUALLY WHEN YOU ASKED ABOUT THE SIZE OF THE IMPACT ON THE ECONOMY. I THINK THAT A LOT OF IT IS MORE PSYCHOLOGICAL AND DIRECT THE LESS THEY REALLY SLAM ON TARIFFS AS YOU GO BACK TO THE MOST FAMOUS TEAR FOR A BALL IN THE GREAT DEPRESSION IT DIDN’T ACTUALLY PLAUSIBLY DIRECTLY AFFECT GDP IN A MAJOR DEGREE BUT IT MAY HAVE HAD A HELP DESTROY CONFIDENCE AND WILLINGNESS TO PLAN FOR THE FUTURE WHEN YOU DON’T KNOW WHEN IS IT TRADE WORK FOR THINKING OF STARTING A NEW EXPORT OR YOU MIGHT SAY WHOA WAIT A MINUTE AS NOT DO IT. THIS WAIT AND SEE AND IT’S EXACTLY THOSE WAIT AND SEE ATTITUDES THAT CAUSE A RECESSION. INDEED BECAUSE THE HOSE BACK INVESTMENT DECISIONS AND INVESTMENT PROPER AMONG OTHER THINGS RIGHT NOW WHAT’S HAPPENING ON TRADE PROBABLY COULDN’T COME AT A WORSE TIME BECAUSE FOR THE FIRST TIME IN ABOUT A DECADE I’D SAY RIGHT. WE’VE GOT THIS ALL TOGETHER NOW SYNCHRONIZED GLOBAL GROWTH AND THEN THIS HAPPENS. THIS IS REALLY LOUSY

1 thought on “Robert Shiller – A Trade War Could Cause An Economic Crisis – 26 Mar 18 | Gazunda

  1. China exports items which other countries can also produce easily. Thus, there will not be any disruption at all, if the USA totally ban all Chinese exports directly or those coming to the USA via Canada.

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