TL;DR

US says trade talks are going great. China says, “Nope.” It’s a high-stakes bluff, and history suggests we’re the suckers.

Story

Remember 2008? Or Enron? History doesn’t repeat, but it rhymes. This trade war saga? Another verse in the same old song: misinformation, power plays, and someone losing big.

The White House says trade talks are “going well.” China says, “What talks?” ‣ Trade talks: Discussions between countries about rules of buying/selling stuff.

It’s a game of chicken. Both sides want a deal, but neither wants to look weak. Like two poker players bluffing with bad hands. Someone’s gotta fold.

Who loses? Us. Always us.

If the US caves, markets might get a short-term sugar rush. But long-term? We’re teaching bullies that threats work. Next time, they’ll demand more.

If nobody folds? Trade war escalates. Prices rise, jobs vanish. It’s 2008 all over again, but with more Twitter.

‣ Trade war: Countries fighting by making it harder to buy/sell stuff.

And Trump? He’s acting like the guy who lost his shirt in Vegas but keeps saying he’s “up big.” Don’t believe the hype.

China plays the long game. Trump plays for headlines. Guess who wins?

Advice

Don’t trust politicians. Diversify your investments. And maybe hide some cash under your mattress.

Source

https://www.reddit.com/r/investing/comments/1k6vri8/china_denies_that_any_trade_talks_took_place/