China wants Trump out so they will wait out the storm and not cut a deal with him to increase his chances of reelection. They are playing a long game. Similarly, Iran will not come to the table either. Trump's bullying tactics work with small countries like Guatemala but don't with China/Iran etc.gorkie wrote: ↑Wed Aug 07, 2019 5:26 pmWall Street Fears Trump May Be Too Dumb to End Trade War Before 2020
https://www.vanityfair.com/news/2019/08 ... ubscribers
We are headed toward recession and the only question is when. My guess is that a hard Brexit will be the trigger. Presidents can survive a recession to get reelected.
Nixon (recession ended November 1970) - REELECTED
Ford (recession ended March 1975) - LOST
Carter (recession ended July 1980) - LOST
Reagan (recession ended November 1982) - REELECTED
HW Bush (recession ended March 1991) - LOST
GW Bush (recession ended November 2001) - REELECTED
Obama (recession ended June 2009) - REELECTED
Of note, for all those reelected, the recession ended 2 years or more from the election. When the recession ended less than 2 years from the election the incumbent lost.