Thanks Kevin, good read.

Were already in a trade war.  With China they target our industries.. copy or steal how to do it.. subsidize it by the state.. until our businesses go bankrupt.. (see textile industry.. others)  Then they can Jack prices back to what the market will bear.. just below (or whatever) the prices it would take for a startup to re enter.

China along with the other BRICS are trying to coordinate their economies (and militaries??) to reshape global trade, and power.

There are numerous reasons why US interest rates need to decline..

https://www.npr.org/2024/08/02/nx-s1-5010449/high-interest-rates-could-be-creating-unintended-consequences-for-the-housing-market

for one.. existing home owners are not “trading up” because their older house has an affordable interest rate.. say 3.5% vs almost double to build a new house.. hindering opportunity for first time home owners who could be the existing stock.. if not.. “locked up” in cheaper interest.

The dollar is TOO STRONG driven by excessively high interest rates.. it’s harming our trade.. as well as being inflationary in the housing market as I describe above.

Its also hurting our nations costs on its debt.

We should fight the BRICS with our monetary policy and “get in the game.”

It may take a coordinated policy between trade and monetary policy.

We should help those who help us.. foriegn policy.. and be mindful of what Russia and China are doing with BRICS.

https://apnews.com/article/russia-putin-brics-summit-china-india-31a4a4af22e9475aee322f2045701fc6