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richwicks saysand nearly all assets liabilities.
How would all assets become liabilities?
What is the alternative?
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Canada is unfairly using their abundant tree supply to keep land lease prices down in CA. The American NW cannot match those low prices, so Trump will smack a tariff down to keep things 'fair'. I wonder if he will also smack a tariff on their oil. After all, their natural abundance of oil is unfairly keeping US wild cats down.
US home buyers will pay the price, but they will have the satisfaction of knowing that more of their home was grown in America.
http://www.cnbc.com/2017/04/24/trumps-timber-tariff-will-have-a-big-impact-on-lumber-futures-market-housing-stocks.html
#housing #politics #trade