Stock bubble and housing depression. It doesn't bother everyone, but it makes no sense, really.

I can't believe you are blaming China when we have the bases all over the world and we are the war starters. I don't see China making war. It is not inevitable that another nuclear power ruin America. Russia didn't. And China will only ruin America if America refuses to see free trade as the only, and last hope of peace in the world. Our way of life is better, yet our government wants to steal Social Security by not paying back what it owes to the fund. All these shenanigans show that our leaders don't really care about America as much as about their own pecking order.

Japan can reap rewards of lower tariffs with other nations, making up as big a chunk of auto exports from Japan as does the USA. Trump has underestimated Japan. Great article.

Well, those guys would get more support from the populace if they were not so keen on cutting social programs that have been popular for a long time, while lowering taxes for their buddies. Of course they should oppose tariff wars. They are dangerous!

All China has to do is mail out some credit cards and change the laws for screwing up household debt, and it becomes a consumer nation and we will be the losers. Also, China may fail in the public sector but it appears to be thriving in the private sector. Being a part capitalist society has its advantages. Especially in a trade war. Trump may be underestimating that advantage.

So, Mises could be wrong about saving being required to provide capital. Loans which add to the money supply provide capital, and then capitalists save. I think Mises has it backwards. Kalecki would say so. But as Benjamin Cole has said, arguing macro one is never wrong.

It won't stop at neutral according to: www.talkmarkets.com/.../fed-governor-cements-looming-economic-destruction

Thanks, William. So many organizations miscalculate and fail. Lots of big box stores before Walmart, the old American basketball association, which failed to retain rights on its red white and blue ball, Sears, and maybe the good old USA. Although we hope succeeding presidents have more business savvy than the billionaire who would have lost everything were it not for his father.

Interesting. We should all test our blood pressure more. Constricts blood vessels.

It is not tin foil. You are correct, Kevin. That hacking article was as phony as a 3 dollar bill and was planted by the government. The article was likely an attempt to rally America, but had the opposite affect of scaring investors. Donald Trump wants winning and revenge. A deal is made if he can win. Otherwise he just wants to win, deal or no deal. He is acting like a fascist. The trade war is a serious miscalculation, and investors know it. Trade wars lead to real war.