Stephen Moore: Trump may try to get revenge on China for COVID-19:

[Yo_Mama_Been_Loggin]

Trump may be poised to ask China to open its checkbook wide to pay for its role in the COVID-19 outbreak.

Think large reparation payments or a tougher stance on tariffs, says one Trump economic confidant.

“I have not talked to the president about that particular issue [reparations], but I think it is on the table. I would strongly favor reparations. I think the American people would favor reparation payments from China if their behavior has been, I would describe it as sinister in the last months and they have been unrepentant. Their deviant behavior led to the spread of a virus that did trillions of dollars of damage, not in the U.S. economy, the world economy. I believe it is justified for the Chinese to pay for their mistakes,” said Trump aMoore thinks any reparations should extend well beyond the equivalent financial slap on the wrist.

“That potentially be in the hundreds of billions of dollars range. Of course, how do i get China to pay and make those payments? Do you impose sanctions or tariffs, and there has been some talk. And if it was $500 billion or $2 trillion, and we’ll erase the debt and call it even. China does have to be reprimanded,” Moore explained.

https://finance.yahoo.com/news/how-trump-may-try-to-get-revenge-on-china-for-covid-19-stephen-moore-162006335.html

Just like how he got Mexico to pay for the wall.

[Nevilledog]

1. Hahahahaha *breathe* hahahahahaha

[unblock]

2. Right after he pays native Americans for that smallpox thing....

[Turbineguy]

3. Well, he could always punish China

by destroying the U.S. credit rating.

[rocktivity]

4. Only as a coverup to conceal his own incompetence

or complicity


rocktivity

[Johnny2X2X]

5. Idiotic

People simply do not understand our "debt" to China. They own US treasuries (Bonds) which they've bought on the market. And more than just the Chinese government owns them, private Chinese citizens do too. Saying that these bonds no longer have value for Chinese holders would crash our credit and crash the value of our treasuries.

[ProfessorGAC]

16. Overstated

The Chinese debt we hold is a greater percentage of their GDP than the other way around.
They will do nothing to crash the value of their holdings because reciprocal action is even worse for them.
Neither side is ever actually going to economic war over this.
It's the financial version of M.A.D.
For average folks like us, this debt thing is a big, fat nothing.

[kysrsoze]

6. Hey, it's Stephen Moore, the economist with zero formal economic education!

He's a complete asshat.

[SoonerPride]

7. China could just say: pay us what you owe us now. and destroy our economy in an afternoon

They hold a ton of our debt.

[duforsure]

8. It also could be for China refusing to help him look good and get re-elected.

They wouldn't let him corrupt them , and them compromise them. Like he's done here to people in is own party, if they refuse he attacks them trying to hurt them.

[Me.]

9. What The Article Isn't Saying

is that dear leader will consider the money his and pocket the cash

[Yavin4]

10. But didn't Trump state that he was fine with how China was handling the out break in Wuhan? n/t

[smirkymonkey]

11. Yeah, that would be a really bright move.

God, he is the dumbest fucking guy on the planet.

[TheFarseer]

12. What did they do wrong?

They tried to pretend it wasn’t happening, didn’t take it seriously enough and let it get out of control? That’s exactly what YOU DID!

[spanone]

13. anything to deflect blame....hey moore, we remember trump praising china in february

what a fuck head

[kairos12]

14. He will get that cash right after Mexico finishing pay off the wall.

[blm]

15. Why? Change na's nstincts were EXACT SAME as Trump's. Lie about severity

of the virus. China knew they were covering up even as they imposed strict lockdowns deaths n Wuhan. Trump lied....and lied...and chose to continue the coverup with NO strict lockdowns put in place.