Mike Maloney: Who Wins in Trade Wars?
In this short video Mike Maloney talks about trades wars and answers the question "who wins?". Hint: It is not consumers.
Image from GoldSilver (w/Mike Maloney)
Full Video
(00:00) Canada unleashes retaliatory tariffs on United States;
(00:13) Mike Maloney's ideology;
(00:48) Mistakes of the past being repeated;
(01:10) Tariffs on steel and aluminum from Canada to U.S.;
(01:52) Economics of tariffs;
(02:00) Lumber tariffs;
(03:13) Free market benefits consumers;
(04:29) Canadian Foreign Affairs Minister's statement announcing 10% and 25% tariffs on items imported from United States;
(05:18) Trade Wars: "The cost is never worth the jobs created.";
(05:46) Re-negotiating NAFTA, North American Free Trade Agreement;
(06:00) Trade Wars make everybody poorer on both sides;
7 minute video from GoldSilver (w/Mike Maloney) published 5 June 2018
I am not affiliated with Mike Maloney. I am a subscriber to the GoldSilver (w/Mike Maloney) YouTube channel.
The purpose of this post is to expose Mike Maloney's work to a wider audience, increase his views on YouTube, and hopefully increase the number of subscribers to his YouTube channel.
DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals , opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
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