Set 1 econ and 1 monster.
If he uses fate you can econtake his monster and make him use banish on his own monster.
You can also cyclone fate when they put it facedown or in your turn to force them to use it or by hey trunade or use gyoku.
You can give them too much targets to fate so they cant fate it all.
You can use spell negating cards etc.
There are many ways around it.
Just need to learn how to work around it.
First, you don't start first.
Second, this resource war you will likely lose. You may have won this one round, but they still can drain all your resources within the next 3 turns.
Don't get me wrong, your tips are super(even got such e-con win), but they have a way to powerful tool with fate.
Especially with this TTH...