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Author Topic: Money  (Read 4804 times)

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AGelbert

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    • Agelbert Truth AND Consequences
Re: Money
« Reply #405 on: August 03, 2018, 02:00:55 pm »
Agelbert NOTE: Mike Mish Shedlock is correct that Trump is dead wrong to start a trade war. That said, the hit that US LNG exporters 🦕🦖 (Cheniere, Tellurian Inc. and other LNG developers) are taking by China jacking up tariffs on LNG is a good thing overall.    WHY? ??? Because it makes Renewable Energy products (which have ALWAYS been distributed, local and non-exportable for profit over people and planet) become much cheaper in comparison with polluting hydrocarbon energy products;D 

China Fires Back with Tariffs on LNG, Wheat, Whine: US LNG Exporters Dive

August 3, 2018

SNIPPET:

Quote
Mike Mish Shedlock: Some of my readers praise Trump for these actions on the basis he needs to "fight fire with fire". Such thoughts are complete silliness.

As I have stated dozens of times, if China is supplying the US with cheap steal, cheap solar panels, cheap whatever, we should be grateful.

Once again, this is indisputable: Standards of living rise when more goods are available at a cheaper price.

Full article:

https://moneymaven.io/mishtalk/economics/china-fires-back-with-tariffs-on-lng-wheat-whine-us-lng-exporters-dive-yCMCEUCnlE2OjE2JwBsTQA/

Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

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