Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
What’s in Your Wallet? Not much with ever increasing property taxes-homeowners and auto insurance. Higher food prices with smaller packaging or shrinkflation-higher auto repairs and new and used cars still very high. Interest rates on mortgages and auto loans real high. Homes values in my area still going nowhere compared to other parts of the country. So not much in my wallet.
P.S. And more taxes in the pipeline.