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Q: Who will win the trade war?

I can see both sides here... and I sort of agree with Trump.

But who will win?

25 weeks 5 days ago in  Business & Jobs - China

 
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The US will win. China's stock markets are already down 27 to 35%, their lowest since 2010, effectively making Japan once again the second largest financial center in the world.

 

China simply has no leverage in this war because they already used to tax all imports 20 to 40% all along despite it being against the rules of the WTO. The US had no taxes until now so they have a lot of leverage.

 

China's middle class for what it is simply cannot replace the US market. By US standards of what constitutes 'middle class' there are no more than 20 million people falling into that category in China, similar to countries like France and Britain, in the US 140 million people are middle class, China simply has a lot more poor people but these can't afford to consume.

 

The worst decision China could have made as an answer to tariffs was to devaluate their currency even further which they did, giving credit to Trump's claims that China is a currency manipulator, but also digging that giant debt hole even further because China needs to import a lot of resources from abroad and it now costs them more to do so.

 

China is expected to enter a Japan-style stagnation, the methods used by the US to push it down this road are different but the consequences are expected to be the same or similar, only China as a society is much poorer and headed straight to the middle income trap (not even there yet) because of its massive debt.

hippy:

How about taxing budweiser, coca cola, viagra 40%? I always thought it was a good idea to probe the many English language schools in China, looking for child molesters. Wonder what they would discover. Always a good idea to run criminal background checks on "English teachers".

4 weeks 2 days ago
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ambivalentmace:

something you can do on the internet for free if you know how to read and write in English, I can check the criminal background of anybody in America for free and used to do every day for people I hired to work for me.

4 weeks 2 days ago
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coineineagh:

Search for a recent Last Week Tonight report on trade. It explains how tariffs are a tax levied on one's own people for consuming foreign products. Tariffs don't make money from abroad, they stifle trade by making it more expensive for consumers.

4 weeks 1 day ago
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ambivalentmace:

It is a pretty good system for raising revenue depending on what your importing.

 

If you import luxury goods with tariffs and your own consumers are giving you revenue from the wealthy for an imported BMW 7 series made in Germany, then some poor or middle class guy gets to keep more money by not paying income taxes.

 

The problem in China is some of the imported items are for the poor and middle class, like pork, soy beans, chicken, etc and that drives up food cost and China has to collect more income tax from these guys to cover imposed tariffs. So they get hit with higher food prices and a lower paycheck.

 

When you feed 20 percent of the world with 9 percent of the world land and a lot is not usable for agriculture and water scarcity, mathematically your are screwed.

 

Trying to buy off countries and put countries in debt and using chinese labor in other countries instead of locals for projects is not a good way to get friends to feed you when you have no choice, bad policy will have to change.

3 weeks 6 days ago
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hippy:

how about tarifs for microsoft products like windows 10

3 weeks 6 days ago
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ambivalentmace:

a tariff on microsoft would do no good, most chinese cheat with auto kms and activate windows free, some money on new computers loaded legally maybe, but china already blackmailed microsoft once for a 120 million dollar fine claiming they were not paying enough corporate taxes on people stealing the software. My own school uses fake copies that are not paid for.

6 days 5 hours ago
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RandomGuy:

Yeah, I have never met a Chinese (people or company) with a legit version of Windows, so whatever tariff they slap on Microsoft will prove useless.

5 days 22 hours ago
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5 weeks 5 days ago
 
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As Trump said (that is often taken out of context). When you're losing 800 billion a year a trade war can't hurt you. 

Think about the statement and not the statement maker

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25 weeks 5 days ago
 
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OT: What day is today? Ohh, Sat... 

 

On Thursday:

 

https://www.zerohedge.com/news/2018-03-23/chinese-newspaper-beijing-shou...

 

On Thursday, a leading Chinese state-run newspaper announced the unthinkable: Beijing must prepare for “a direct military clash” over self-ruled Taiwan after a mid-level U.S. official arrived in Taipei on Tuesday, angering senior officials in Beijing.

 

more ...

ambivalentmace:

The sooner they start a war over this shit and get their ass kicked the better, I am so tired of hearing this talking bullshit.

25 weeks 5 days ago
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ambivalentmace:

Don't be surprised if after the meeting with North korea in May, Trump stops by to say hello in Taiwan on the way home.

25 weeks 4 days ago
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icnif77:

Don't be surprised ... Trump-a won't do that! Taiwan is/will ended up same as HK ... 

 

If your visit proposal will happened, it will be used instead of the 'false-flag' to start conflict ....

 

Don't be surprised, when West will have their ass handed to them by China&Ruski ....IMO, of course.

25 weeks 4 days ago
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ambivalentmace:

you mean like when Russia attacked a compound in Syria with 700 troops and got demolished by a force of 120 men. I have fought with Russians and Chinese, they don't react to changes on the ground with out orders from a huge chain of command and when they finally do react the battle is over. They are not allowed to think and fight, only fight, can't fight wars like this anymore. Real time hesitation is deadly time. The French armed Taiwan with nukes buried deep with no launchers or silos over 30 years ago. The only purpose is if they are overrun, make the island disappear in a rain shower of rocks all over the Pacific Ocean. Japan has a few also so nothing will be gained and a lot money and lives will be gone.

25 weeks 4 days ago
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icnif77:

I cannot find anything on 'Russia attacked a compound in Syria with 700 troops and got demolished by a force of 120 men'.

You must be telling some 'military secrets'  here. Soldiers are like fishermen, he he he

Whatever, I can read about Syria, US/ZATO got their ass handed to them already with Russian copying US war technique ... i.e. use of ships, planes and missiles without too many forces on the ground.

This what we go on here is sideline and 'we'll see'. I mean, you cannot convince me or I cannot convince you who's better&stronger. IMO, we are all better of if no bigger conflict!

Main fact of Syrian conflict is: 

 

Asad invited Vlad to Syria and USA/West are imposters there!'

We never talk about that. I wonder why ....

It is not different than '19 terrorists attacked WTC ...' except both sides are in reverse ....

Ami Ayalon, Head of Shin Bet:

''One man's terrorist is another man's freedom fighter!''

25 weeks 4 days ago
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ambivalentmace:

your right about not finding it, the Russians say they were mercenaries not real soldiers and the number they said was lower, the Americans say they were only 50 men and the rest were military planning observers, My numbers are from Israel who had satellite photos of the whole thing as it happened, not public information.

 

There is a reason America only controls the oil fields, Putin wanted to stop oil and natural gas from being sold at a discount against his price to Europe or he would have no economy at all, so the Americans want give up the oil fields and let Europe be blackmailed for higher heating costs in the winters. Israel is hated by Europe so if Putin wants a Syria,Israel, Russia price cartel, he could probably get it. This is why Turkey is only protesting a little about the border region. If Syria can't get the oil, they have no money to finish Assad's plans. It's simple if you follow the money.

25 weeks 2 days ago
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25 weeks 2 days ago
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25 weeks 2 days ago
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ambivalentmace:

https://www.newsdeeply.com/syria/community/2017/11/14/expert-views-after-isis-who-controls-syrias-natural-resources

 

The Kurds have always been an ally to America, so you already know the end of this story.

25 weeks 2 days ago
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25 weeks 2 days ago
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icnif77:

Yes, all this is about 'natural resources' same as it was in Libya, Iraq, and other conflicts in ME overall.

But, USA is wrong! You can't keep doing it just because you have strong arm tech. and forces.

Eventually, there will be one bigger than you, as we see it at Ruski, China and with all other allied countries (Iran, Pot Belly Jr., Turkey ...) we are heading toward the world's conflict.

I am keep thinking of 'human benefits of the bigger conflict/Earth's destruction'.

Earth doesn't grow, but with increase of inhabitants, Earth is becoming smaller ... I am not sure, does this classify into 'war-good-for-humanity', but maybe it does somehow.

25 weeks 2 days ago
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icnif77:

US Syrian-war-strategy out of the mouth of your 'leader':

 

https://www.zerohedge.com/news/2018-03-27/centcom-commander-admits-failure-syria-strategy

 

Appearing before the Senate Armed Services Committee this month, CENTCOM commander General Joseph L. Votel set about talking straight on Syria. Votel, in a colloquy with Senator Lindsey Graham that was refreshing for its brevity and candor, acknowledged that the principal ambition of U.S. policy towards Syria—the removal of President Bashar al Assad at the behest of a motley assortment of Islamist and reformist oppositionists—has failed. 

 

 

25 weeks 1 day ago
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icnif77:

How do soldiers feel when they read titles at '0H':

 

Pentagon Admits Billions In US Funds Disappeared in Afghanistan To “Fraud, Waste And Abuse”

...more than $3.1 billion in taxpayer funds provided to the Afghan Armed Forces was "grossly mismanaged."

25 weeks 13 hours ago
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hippy:

Is tw really self ruled? I was always under the impresion that they were a us pupet

4 weeks 2 days ago
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ambivalentmace:

hippy, your really need to turn on spellcheck, my 4 year old daughter spells better.

5 days 3 hours ago
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25 weeks 5 days ago
 
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both wl lose.. to greatr / lessr degrees.

winnr wl b some outsider country/s.... who will find the opportunities n fill the gaps created..

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25 weeks 5 days ago
 
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I really wish I knew more about trade imbalances and all that crap... too lazy to look it up though.

 

From what I understand though China sells more of their products to America than America sells to China, 800 billion more and that's Trump's problem with China.

 

What I don't understand is how putting tariffs on what China sells to America is going to help America. Surely America is buying this stuff because they need it, and businesses that buy it pay taxes and employ Americans, and presumably they buy Chinese goods because the goods are either not available in America or are too expensive and there would be no profit in buying local?

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25 weeks 5 days ago
 
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But consider Wall street money in China. For example, Betsy devos has an amway factory up the road from me. Massive. Probably about 4k employees.

Will the sanctions affect stuff made here with American investment? What if China imposed an export tax on Iphones? That would be interesting.

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25 weeks 4 days ago
 
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Like every other time there will be a back door trade off that we won't know about for years to come or ever .
They are just playing the game.
Maybe there is a deal under the table about the take over of a third party ...two possible candidates come to mind.
Time will tell

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25 weeks 4 days ago
 
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But here is the thing. Under Obama, US corps squirred their overseas earnings away on offshore jurasdictions. The EU even fined Ireland, trying to force them to take tax from apples 220 billion stored there while waiting for a republican government to offer a cash repatriation amnesty.

With companies keeping their cash in tax havens to avoid tax, how can we be sure the numbers are right?

This was yet another Obama failure. He did not crack down on tax avoidence. Because how could he? Pay to play. We fund your campaign... you dont crack down on offshore tax avoidance.

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25 weeks 20 hours ago
 
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https://www.zerohedge.com/news/2018-08-10/us-orders-chinese-conglomerate-sell-office-building-near-trump-tower

 

The war is just beginning.https://www.yahoo.com/finance/news/trumps-trade-war-evolve-damaging-currency-war-171019174.html

 

China, so you want to devalue your currency to keep folks buying your shit, well, we can devalue our currency to have people buy shit from us. Make the tariffs equal and fair period, I am not going to back down. I will play as dirty as you have because I am not a yellow coward politician and winning a deal to the point of economic collapse or bankrutpcy is not a problem. LIKE I SAID, For this guy, it's personal.

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5 weeks 5 days ago
 
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My prediction is that China will win this one. Two good reasons: China is only now switching to a consumer oriented economy; and, China has other markets to persue that include some higly populated countries. Why will the US lose? Trump gives me the imprssion that he doesn't understand economics. Like most businessmen, they think in terms of short term gains rather than long term strategy. We must not forget he is a successfull business man. But attacking his allies, and going agianst his own government people is making America look bad. Trump is America's most dangerous security threat. There are really too many variables that will pop up on this trade war. I can't say I like Trump. But he has got balls. The bigger question is can the US recover after the next election in 2020 assuming that Trump is not re-elected? And what happens if America does win the trade war?

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5 weeks 5 days ago
 
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China has the most to loose in a trade war...but they will make up for the loss by taking over land and sea areas till they are stopped

hippy:

Completely disagree. Most of the products that are imported into amerika from china are for western korporations. If amerika imports an iphone for $800, $100 of it goes to chinese who are actually doing the work. $700 of it is going to amerikan oligarks who do none of the work. For the past 40yrs, amerikan oligarks have been getting something for nothing.

4 weeks 2 days ago
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ambivalentmace:

The factories for Iphones will be in India in less than 3 years, does not matter anymore, China had to know the rest of the world would copy there export model and provide a cheaper labor force and tear up the existing order, the question is can they transition to high tech and high quality like Japan and thrive. Time will tell the tale. They thought the tariff gravy train and world projects would be funded and continue and they would have more time, but Trump just took the 15 year clock and set it on one year and now we will see how economically brilliant these braggarts really are, looking forward to the show.

3 weeks 6 days ago
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hippy:

the point is, amerika has the most to lose with the trade war, and that will be that way for at least the next 5yrs, because the profit from those imported chinese goods go to western oligarks. i'd put the losses at 80/20. when india starts developing a so called "trade surplus", then what? india decides it doesnt want to be so obedient of amerika, media hypes up the indian surplus. tarif india? when does it end? india may be obedient now, but that doesnt guarantee it will always be obedient. there are too many factions, and india is too fragmented for it to be completely obedient of its western masters. culturally rich countries like china, india, iran, and turkey have a tendency of having their own thoughts every now and then. as far as japan goes, theyre only thriving because amerika allows them to thrive, and amerika only allows them to thrive because amerika needs japan to destabilize china. once china is out of the picture, it'd be interesting to see what japan's role will be then, or if it will even have a role

3 weeks 5 days ago
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ambivalentmace:

japan kicked america's ass at pearl harbor and would have won the war except for no natural resources, japan is much more advanced than america, hands down. and will be the first country with a robot AI army, I fear Japan as an American more than any other country, most people just don't see it.

6 days 1 hour ago
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philbravery:

Ambi....Australia did try to help Japan....we soldcthem the scrap iron to make the bombs......some of which they returned to us by dropping it on Darwin

5 days 6 hours ago
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Nobody wins. Everyone loses a little something did anything this could all be staged and backdoor agreements that we know nothing about. I never believed of trusted a single bit of news especially about money

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5 weeks 5 days ago
 
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The US will win. China's stock markets are already down 27 to 35%, their lowest since 2010, effectively making Japan once again the second largest financial center in the world.

 

China simply has no leverage in this war because they already used to tax all imports 20 to 40% all along despite it being against the rules of the WTO. The US had no taxes until now so they have a lot of leverage.

 

China's middle class for what it is simply cannot replace the US market. By US standards of what constitutes 'middle class' there are no more than 20 million people falling into that category in China, similar to countries like France and Britain, in the US 140 million people are middle class, China simply has a lot more poor people but these can't afford to consume.

 

The worst decision China could have made as an answer to tariffs was to devaluate their currency even further which they did, giving credit to Trump's claims that China is a currency manipulator, but also digging that giant debt hole even further because China needs to import a lot of resources from abroad and it now costs them more to do so.

 

China is expected to enter a Japan-style stagnation, the methods used by the US to push it down this road are different but the consequences are expected to be the same or similar, only China as a society is much poorer and headed straight to the middle income trap (not even there yet) because of its massive debt.

hippy:

How about taxing budweiser, coca cola, viagra 40%? I always thought it was a good idea to probe the many English language schools in China, looking for child molesters. Wonder what they would discover. Always a good idea to run criminal background checks on "English teachers".

4 weeks 2 days ago
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ambivalentmace:

something you can do on the internet for free if you know how to read and write in English, I can check the criminal background of anybody in America for free and used to do every day for people I hired to work for me.

4 weeks 2 days ago
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coineineagh:

Search for a recent Last Week Tonight report on trade. It explains how tariffs are a tax levied on one's own people for consuming foreign products. Tariffs don't make money from abroad, they stifle trade by making it more expensive for consumers.

4 weeks 1 day ago
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ambivalentmace:

It is a pretty good system for raising revenue depending on what your importing.

 

If you import luxury goods with tariffs and your own consumers are giving you revenue from the wealthy for an imported BMW 7 series made in Germany, then some poor or middle class guy gets to keep more money by not paying income taxes.

 

The problem in China is some of the imported items are for the poor and middle class, like pork, soy beans, chicken, etc and that drives up food cost and China has to collect more income tax from these guys to cover imposed tariffs. So they get hit with higher food prices and a lower paycheck.

 

When you feed 20 percent of the world with 9 percent of the world land and a lot is not usable for agriculture and water scarcity, mathematically your are screwed.

 

Trying to buy off countries and put countries in debt and using chinese labor in other countries instead of locals for projects is not a good way to get friends to feed you when you have no choice, bad policy will have to change.

3 weeks 6 days ago
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hippy:

how about tarifs for microsoft products like windows 10

3 weeks 6 days ago
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ambivalentmace:

a tariff on microsoft would do no good, most chinese cheat with auto kms and activate windows free, some money on new computers loaded legally maybe, but china already blackmailed microsoft once for a 120 million dollar fine claiming they were not paying enough corporate taxes on people stealing the software. My own school uses fake copies that are not paid for.

6 days 5 hours ago
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RandomGuy:

Yeah, I have never met a Chinese (people or company) with a legit version of Windows, so whatever tariff they slap on Microsoft will prove useless.

5 days 22 hours ago
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5 weeks 5 days ago
 
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Xi being criticized by his own party and China is going to have to keep buying soy from the US, so

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5 weeks 5 days ago
 
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the real advantage for china is the american electoral system. china has aggresively and almost selectively targeted the battleground states. democracies are vulnerable to his stategy whereas china is not. it will probably produce results. already trump has resulted to a farmers' bailout, essentially socialized farming. It does irritate me that republicans are against universal medicare
 but not against socialized farming or increased mitlitary spending. The army is a socialist institution. a national health service does not ruin an economy but socialized farming does.

 

china does trade unfairly. tariffs are higher, companies have to take on a chinese partner who adds no value, intellectual property theft. so i must admit it is good to see them sweat a little. they have a lot more to lose. maybe they will be forced to open up a little more.

 

a long-term trade war will put china, the us and probably all of the west into a recession.

ambivalentmace:

https://www.scmp.com/news/china/economy/article/2159225/why-china-cannot-rely-consumers-spend-their-way-out-trade-war

 

This is the same old diatribe we have heard from Gordan Chang for a decade, but maybe the show is finally starting, hate those long previews before the movie.

5 weeks 2 days ago
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hippy:

I wouldn't exactly call amerika a demokracy. They are no more demokratic than china is. Allowing people to vote between 2 kapitalist candidates is not my idea of demokracy. 0bama was anti chinese, trump's anti chinese. Whoever follow trump will be anti chinese. What difference honestly does it make who is gets elected or if there are even elections at all?

4 weeks 2 days ago
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ambivalentmace:

the black saviour was anti china, do tell, what did he ever say bad about china, hell he wanted a hundred thousand foolish americans to go to college in China and get useless degrees here.

3 weeks 6 days ago
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hippy:

correct me if im wrong, but didnt the 0bama rejime start the pivot to asia. the chrump rejime's attack on china is only an extension of that. i doubt the obama rejime wanted foolish amerikans to get useless degrees. what he and his handlers were more interested in was getting foolish amerikans to subvert china, brain wash chinese, and collect intelijence. same thing that nixon, bush, regan, chrump, carter, and clinton wanted really. it's the same reason why amerikans are sent to many countries to "study". lets also not forget that the 0bama rejime launched a year long riot in hk in an attempt to lean on china. wonder how the us would respond to a watts riot that lasted an entire year? the 0bama rejime also launched a riot in xingjiang pretty much as soon as he took office. there, he earned his stripes as an inperialist. the 0bama rejime also pushed taiwan to be much more agresive towards the mainland. it was the 0bama rejime who chose cai yingwen as the head compradore in taiwan to steer tw in a radically anti chinese direction, once again, to lean on china. elsewhere, 0bama the inperialist also wrestled south sudan, sri lanka, and myanmar away from china. 0bama's inperialist accomplishments are too long to list. thats why us oligarks gave him a 2nd term. why would they give him that if he wasnt able to project the us ruling class interests? id say one of 0bama's biggest accomplishment according to the inperialist, would be wrestling the ukraine away from rusia. it was under the 0bama rejime that snipers were sent in to syria to initiate a civil war. 0bama also launched a war against libya. under the 0bama rejime, mh370 was taken down. as an inperialist, 0bama also oversaw japan's role, and position as the guard dog of china. think of all the prime ministers the 0bama rejime had to go through before getting to abe. it was also the 0bama rejime who overthrew hatoyama (the peace candidate), and replaced him with more agresive leaders like abe, once again to destabilize china, and lean on china

3 weeks 5 days ago
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ambivalentmace:

hippy. If you believe that idiot obama, actually did all this against China, you have more confidence in the lazy pot smoking piece of shit than I ever did. how could he do all this damage and get a Nobel Peace Prize and make blacks in America take a 50 percent drop in their net worth. you make this guy sound as bad as a neocon burning in hell now named John Mccain, i doubt the black savior between tokes of marijuana got half of this done. Hell even your own government made him use the back door to get off air force one when he came here.

6 days 4 hours ago
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https://www.usatoday.com/story/opinion/2018/08/17/china-economic-nationalism-success-trump-trade-war-tariff-column/925385002/

 

if tariffs dont work, why has it worked for 25 years in China, Indeed. someone is finally using intelligence instead of political bullshit talking points.

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When it comes to markets, we shouldn't underestimate China. It has a healthy luxury market, loved by top brands for keeping sales viable. Luxury consumption is in decline in the West.

As many people misunderstand, tariffs are levied on the consumers of foreign products. Supposedly to protect local businesses from competition. China has a huge luxury market. When it's exported goods are sold less, and they make less money, they will simply earn the difference back in tax hikes on foreign luxuries. If it gets extreme, they'll simply copy all the McDs and KFCs that are taxed out of business,with local knockoff chains.

Trump doesn't understand the first thing about trade. His trade advisor was found on amazon, where he was selling his scaremongering anti-China books. Competence will beat incompetence into the ground.

With all the ideological chest-thumping and trolling of authority figures, Xi Jinping is set to make more than just money, he will command respect for simply not falling into the same mudflinging as the rest of the world leaders.

ambivalentmace:

Trump has been doing business in China for over a decade and has complained about the unfair trade practices on you tube for 15 years, to say he knows nothing about it when he has raised hell about for years is just naive. The chinese screwed him over a coffee shop in macaw using his name and he lost in court  3 times over an 8 year period and the chinese bragged to his face that americans are dumb sob that can't do business. check " china thinks were stupid sob on you tube and you can see the video interview from 2007, this is personal and he has been planning this for a long time, you can even find a letter of protest he sent the commerce department under the black savior's reign over america in 2008 about unfair business practices.

 

Bill Clinton is president because bush screwed a billionaire named ross perot and trump is president because the american government screwed trump.

 

somebody needs to understand that pissing off billionaires with shitty attitudes and a chip on their shoulder is a VERY, VERY bad idea.

3 weeks 6 days ago
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coineineagh:

Oh, it's you, the "Obama black savior" guy. I always picture you watching Fox & Friends, believing every word when they call Obama a thin-skinned, narcissistic, racist traitor. When a white guy is on the Oval Office displaying those very qualities you believe Obama had, it's amazing how you manage to block out reality and stick to the narrative. It must be very taxing on your belief system, all this evidence piling onto your safe space like an avalanche. It must make you very angry. WRT your story about the Trump brand in China, it is a well-known one to me. Your golden-orange guy has indeed been butthurt about a copyrighted cafe chain started with the Trump name, and he's been losing appeals about it all the time, up until he became president, at which point the Chinese court ruled in his favour. But what does this say about the guy's business acumen? He's preoccupied with his name, splashing money on a petty grudge for 15 years. Is that wise? Seems like he lets himself get easily distracted by ego issues. I heard he also bought the copyright to Trump escort services in China, although he probably just wanted to prevent others from acquiring it. A bad joke president, and why do ppl like you not see that you should feel shame??

3 weeks 6 days ago
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ambivalentmace:

shame, why should i feel shame, i left when the black savior took the reigns, the american people get the government they deserve, the backlash, from corporatists screwing the middle class caused this, I don't condone what Trump is doing, I just understand why he is doing it and it can't be stopped.

 

All of this shame is nothing, if you kick the guy out, Pence will be much worse.

 

If Hillary had managed to win, the damage would have caused a backlash for someone even worse than Trump.

 

7 million voters for the black savior voted for Trump. maybe someone did not deliver hope and change, Trump is doing what he said he would do, good or bad, its amazing to see anybody do what they actually say in American politics.

 

Trump is a New Yorker who has had to do business with both parties and survive, he found a niche, play the race card, play the jobs card, and play the immigration fear card, both parties are just jealous that the so called experts did not figure out that this was a winning strategy and now they look like fools with severe butthurt, many states he had no support staff or ground game at all.

 

I don't know if running the country like a business is a good idea or if a New Yorker can actually run the country, but based on the lousy leaders from both parties we have had since Truman. what to hell do we have to loose, it was so bad, how could it get worse, remember they said america's best days were behind it and 1.2 percent gdp and 9 percent unemployment was the new norm and nothing could be done to raise gdp and lower unemployment. They all look like fools now because the these numbers are the best they have been in the history of the country and now people are asking question and elites are having to give real answers and not diatribe bullshit, If Trump dies tomorrow, he has made people ask questions that people never wanted to give a straight answer about and the press giving a rim job to hussein for 8 years was obvious even to progressives.

6 days 51 min ago
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4 weeks 1 day ago
 
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https://www.scmp.com/news/china/diplomacy-defence/article/2160814/thanks-mr-trump-state-media-mocks-us-president-helping

 

Glad to help you out to become a more diverse economy and less export dependent, the American voters are looking out for your economic security, your welcome.

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3 weeks 6 days ago
 
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 "No Further Talks Scheduled": China-U.S. Trade Negotiations A Complete Bust

not only are no further talks scheduled at this point but the Chinese officials have reportedly raised the possibility that no further negotiations could happen until after November’s mid-term elections in the U.S.

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  • Aug 23, 2018 11:27 PM
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Escobar: Sun Tzu And The Art Of Fighting A Trade War

It will be long, it will be nasty and Trump would be foolish to underestimate Xi and the resolve of China...

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  • Aug 25, 2018 9:15 PM
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3 weeks 4 days ago
 
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Here is the latest shot fired in the trade war.

https://finance.nine.com.au/2018/09/12/13/50/china-tariff-war-licenses-u...

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Stocks, Yuan Jump On Report Of New US-China Trade Talks

Once again, 'hope' is alive,  as US equities surge higher on headlines claim Washington is seeking a new round of trade-talks with China (just two weeks after the last heralded round of trade talks amounted to a nothing-burger but prompted panic-buying in stocks).

 

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1 week 2 min ago
 
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The only winners are those who have absoluely zero investments in China.

ambivalentmace:

yes, Bank of America divested, Warren Buffet, General Motors, kfc, macdonald's, a few still remain to be screwed later Starbucks and the Blackstone Group, but most big money has already bailed out.

6 days 47 min ago
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https://thediplomat.com/2016/11/with-trumps-election-time-for-china-to-save-the-world/

 

Some humor with my gin and tonic, hot toddy for the evening.

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https://www.yahoo.com/finance/news/china-apos-pockets-may-not-182700308.html

 

So your currency printing machines are overheating and can't keep up, next time have the machines made by the Germans or the Japanese, problem solved, spend baby spend.

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4 days 11 hours ago
 
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Answer of the DayMORE >>
A: Wow, you really found that nitpicky talking point that elevates the fo
A:Wow, you really found that nitpicky talking point that elevates the fossil fuel industry to the same level as the interests of humanity. Isn't it all just a "liberal" scam, if you don't look too closely at the absence of logic? "Yes, it must be. My masters are hinting that that's what I should believe!"

You've made it clear you are consciously ignoring the pollution and global warming. Since your handlers, the conservative establishment whose dismantling of the carbon credit system and environmental destruction you choose to ignore, have made it clear you should bark in this direction, you are eager to please!

Such an admirably domesticated, dependable, subservient human. I'm sure your handlers will throw you a bone while they bring home the bacon for themselves. You're so obedient, you deserve a doggie cookie! Who's a good boy? You are! Yes, you are. U-S-A! Woof woof woof! -- coineineagh