dezii
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Post by dezii on May 8, 2019 13:47:32 GMT -5
the Peoples Republic...[China] Possible this trade war that is going on between the two parties is inevitable and necessary....I would think we would not get all we want but compromises would be needed by both parties...Doesn't seemk to be happening and it seems positions are hardening rather then getting softer. Am wondering if in a face to face, coming up in Washington, if the Donald caves ... ================================ "The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world's two largest economies, according to three U.S. government sources and three private sector sources briefed on the talks. The document was riddled with reversals by China that undermined core U.S. demands, the sources told Reuters." ====================================== www.nbcnews.com/business/economy/china-reportedly-backtracked-nearly-all-aspects-u-s-trade-deal-n1003236
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happyhoix
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Post by happyhoix on May 8, 2019 13:54:02 GMT -5
So the drop in the market yesterday was blamed on insecurity about a potential Chinese trade war - if China walks away how would that impact the market?
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djAdvocate
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Post by djAdvocate on May 8, 2019 13:58:34 GMT -5
So the drop in the market yesterday was blamed on insecurity about a potential Chinese trade war - if China walks away how would that impact the market?
I think you can guess that well enough.
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happyhoix
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Post by happyhoix on May 8, 2019 14:00:00 GMT -5
So the drop in the market yesterday was blamed on insecurity about a potential Chinese trade war - if China walks away how would that impact the market?
I think you can guess that well enough.
That's what I thought. Just wanted to hear it from someone who knows more than me.
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dezii
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Post by dezii on May 9, 2019 0:04:43 GMT -5
It seems according to the posted article thread that China is ready with more tariffs and measures if the Donald follows through on his threats to increase tariffs on China goods... Wonder what happened to the great negotiator... Hey don't jump all over me...just repeating the claims and bragging the man said himself... ---------------------------------------------------------- "BEIJING (AP) — Ratcheting up pressure just hours ahead of talks in Washington, China vowed Thursday to retaliate if President Donald Trump goes ahead with more tariff hikes in a dispute over trade and technology. Beijing will be forced to impose "necessary countermeasures" if the increases take effect Friday as planned, the Commerce Ministry said. It gave no details of possible penalties." =================================== www.yahoo.com/news/china-says-retaliate-trump-does-raise-tariffs-012123878--finance.html
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thyme4change
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Post by thyme4change on May 9, 2019 9:02:45 GMT -5
China is some scary shit. They do what they want.
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countrygirl2
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Post by countrygirl2 on May 9, 2019 9:07:14 GMT -5
trump is some scary shit, he does what he wants with no restraints at this point in time.
He is going to crater the country, likely in agreement with putin. We will give you lots of money
personally if you bring the US down.
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OldCoyote
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Post by OldCoyote on May 9, 2019 9:08:31 GMT -5
Give me a break,, If China lost the U.S.money,, it's economy would crash overnight!!
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countrygirl2
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Post by countrygirl2 on May 9, 2019 9:21:20 GMT -5
If the US lost china buying its debt the US would crash overnight. Find out what happens when they start unloading it.
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Post by Deleted on May 9, 2019 10:26:13 GMT -5
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djAdvocate
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Post by djAdvocate on May 9, 2019 10:33:49 GMT -5
China and the US need each other.
China needs the US for it's liquidity.
the US needs China for outsourcing.
this sabre rattling over trade makes no sense, viewed in terms of macroeconomics. it ONLY makes sense in terms of fear of a Yellow Peril and nativism.
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dezii
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Post by dezii on May 10, 2019 0:22:02 GMT -5
....true, the Donald added tariffs on $200 million more product from China...I expect we will see something from China, though their problem seems to be they are running out of product to tariff since they purchase so much less of our product compared to our purchases...Possible they could cancel any hugh contracts...say Airplanes...or start dumping the debt of ours they have accumulated...Then the Donald will probably blame it all on China, start selling more weapons to Taiwan and set our relations back to say 1950's....All that good work of Nixon out the window. Personally I feel the negotiations with China were too public...better quiet negotiations spread over a longer time period...but old Donald likes the splash...Quiet out of the Publics eye not his thing...loud, brassy with a bit of nepoprism thrown in seems to make him happy.. ============================== www.yahoo.com/news/us-tariff-increase-200b-chinese-040333797.html
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Post by Deleted on May 10, 2019 6:37:57 GMT -5
If the US lost china buying its debt the US would crash overnight. Find out what happens when they start unloading it. Unload it to who ? We pay interest on that debt. It works well for them, as they adjust their money's value at a lower value than ours.
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Post by Deleted on May 10, 2019 6:43:43 GMT -5
trump is some scary shit, he does what he wants with no restraints at this point in time. He is going to crater the country, likely in agreement with putin. We will give you lots of money personally if you bring the US down. I remember the exact same type of foreboding when he just won the election. How are we doing two years later ? The majority of the population isn't listening to that anymore. Even CNN 's new poll shows Trumps economic approval hitting a new high. The Trump haters are going to need to create another crisis.
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happyhoix
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Post by happyhoix on May 10, 2019 7:23:14 GMT -5
"The tariff increase inflicts significant harm on US industry, farmers and consumers," said Jacob Parker, vice president of the US-China Business Council, a trade group that represents American companies' interests in China.
"It will decrease the competitiveness of American companies, reduce the efficiency of their global supply chains, and reverberate through the US economy. Pure and simple, this is a tax on the American consumer," he added.
Consumers are also feeling some pain: The American Apparel and Footwear Association estimates that a 25% tariff on apparel imports will increase costs for a family of four by $500 a year.
www.msn.com/en-us/news/world/trump-just-raised-tariffs-on-chinese-goods-china-says-it-will-hit-back/ar-AABafSw
So the money Trump insisted would 'pour into the American coffers' from his very fine tariffs would come from the extra $500 families have to fork over for imported Chinese apparel? More evidence Trump is a shitty businessman.
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djAdvocate
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Post by djAdvocate on May 10, 2019 9:56:42 GMT -5
"The tariff increase inflicts significant harm on US industry, farmers and consumers," said Jacob Parker, vice president of the US-China Business Council, a trade group that represents American companies' interests in China.
"It will decrease the competitiveness of American companies, reduce the efficiency of their global supply chains, and reverberate through the US economy. Pure and simple, this is a tax on the American consumer," he added.
Consumers are also feeling some pain: The American Apparel and Footwear Association estimates that a 25% tariff on apparel imports will increase costs for a family of four by $500 a year.
www.msn.com/en-us/news/world/trump-just-raised-tariffs-on-chinese-goods-china-says-it-will-hit-back/ar-AABafSw
So the money Trump insisted would 'pour into the American coffers' from his very fine tariffs would come from the extra $500 families have to fork over for imported Chinese apparel? More evidence Trump is a shitty businessman.
he might not be the worst businessman ever, but we now know that he was for at least 10 years.
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countrygirl2
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Post by countrygirl2 on May 10, 2019 10:29:17 GMT -5
We will buy less and I will make more. We can handle it, a lot of people can't. And it will effect the people that rent from us. They are already struggling, extra costs to them with no corresponding increase in income will really hurt them.
A stupid man doing this, I can only hope it causes him to lose the next election so all these messes can start being put to right again.
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dezii
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Post by dezii on May 10, 2019 10:47:23 GMT -5
Give me a break,, If China lost the U.S.money,, it's economy would crash overnight!! Your sure about that? Got some links or just your opinion...
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thyme4change
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Post by thyme4change on May 10, 2019 10:52:47 GMT -5
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dezii
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Post by dezii on May 10, 2019 11:06:46 GMT -5
trump is some scary shit, he does what he wants with no restraints at this point in time. He is going to crater the country, likely in agreement with putin. We will give you lots of money personally if you bring the US down. I remember the exact same type of foreboding when he just won the election. How are we doing two years later ? The majority of the population isn't listening to that anymore. Even CNN 's new poll shows Trumps economic approval hitting a new high. The Trump haters are going to need to create another crisis. " How are we doing two years later ?" Well for one, the country is split politically more then I ever knew and as far as how long that is, ...my first Presidential election that I was eligible to vote in was JFK....Would I consider driving across country, say not on super inter state hwy ...but opt on secondary routes to really see the country with a old bumper sticker for say Clinton...and do it safely...? Not on your life...Would I fear for my safety? Oh yeah and I would be correct there.... There would be a bumper sticker change before beginning the trip and most likely a purchase of one or two of those RED baseball hats the Donald loves to pitch. You possible feel thats a ok thing....for me a former disabled decorated old former grunt do not.....difference of opinion... To be honest, I am so tired of the drama and soap opera doings regarding this POTUS... [and he has brought it on himself , these attacks. Country really does not want a imperial head of State...still a Republic..] aren't u? [are u sure about the CNN poll? Will have to look it up..] Yup on the Economy.....be interesting as we get closer to 2020 and no settlement with China and farmers still in trouble as well as other parts of the economy....we'll have to see. As far as other ratings... "Trump's approval on health care policy has improved slightly since June 2018, up five points to 38%, his worst approval rating tested in the poll. Slightly more, 42% approve of how he's handling immigration and foreign affairs, and 39% approve of his handling of race relations." Just suggesting that here is more to approval ratings then just the economy...
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happyhoix
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Post by happyhoix on May 10, 2019 11:27:57 GMT -5
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OldCoyote
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Post by OldCoyote on May 10, 2019 11:47:45 GMT -5
Your prediction is the Market is going to crash?
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happyhoix
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Post by happyhoix on May 10, 2019 11:49:53 GMT -5
Your prediction is the Market is going to crash? I wasn't predicting anything. I was simply reporting on what's been happening in the Chinese and American markets today.
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thyme4change
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Post by thyme4change on May 10, 2019 12:54:36 GMT -5
Your prediction is the Market is going to crash? Your grasp of facts vs opinion is lacking.
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Post by Deleted on May 10, 2019 13:38:04 GMT -5
Trump haters don't need to create crisis. He does that quite well on his own! Anyway, the tariffs were just raised from 10% to 25% on 200B of Chinese goods this morning at 12:01 AM, as promised/ threatened. China vows to retaliate in kind. My understanding is that we have more leverage here than they do by quite a bit, but it is still all economically painful. How painful? We shall see. It will be as painful as the short term fallout determines, in regards to the differential in economy size. Then we'll start producing the items. Remember the dire consequences of the steel tariffs ? We had a steel company not that far from me, just double it's output. With the subsequent job additions. With the economy of scale applied, I'm guessing good wages or lower prices. (opinion) Around 500 Probably part of that 263,000 increase in jobs, in April. A lot of the China tariff negotiations are revolving around intellectual theft. Even the Democrat leadership is on board with this.
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Post by Deleted on May 10, 2019 13:42:00 GMT -5
I remember the exact same type of foreboding when he just won the election. How are we doing two years later ? The majority of the population isn't listening to that anymore. Even CNN 's new poll shows Trumps economic approval hitting a new high. The Trump haters are going to need to create another crisis. " How are we doing two years later ?".... ….Just suggesting that here is more to approval ratings then just the economy. And yet those approval ratings are everything when they're negative.
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dezii
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Post by dezii on May 10, 2019 13:57:44 GMT -5
" How are we doing two years later ?".... ….Just suggesting that here is more to approval ratings then just the economy... And yet those approval ratings are everything when they're negative. What u say but doesn't mean it's so...and in that regard...is actual wages, raises, actual increasing or still flat.... With the increase of cost of living eating up the minor gains for the majority of the citizens from those so called tax cuts ….most American workers , once it is pointed out, honestly, no fake news, will find no real important gains under the Donald....just more and more loss of government where they [their elected representatives] have a real say in....just more of the autocratic rule of the emperor in waiting... Decision was made over 240 years ago NOT to have a autocratic ruler but to be ruled as a Republic...but under the Donald that is disappearing....What is forgotten, if that is so...the Donald's rule will be over, 2020...2024...stroke....death, whenever... and if history is a guide the other party WILL aquire power....and if autocratic rule is the name of the game....well then...….
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Post by Deleted on May 10, 2019 14:02:45 GMT -5
And yet those approval ratings are everything when they're negative. What u say but doesn't mean it's so... A little irony there ?
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dezii
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Post by dezii on May 10, 2019 14:14:16 GMT -5
What u say but doesn't mean it's so... A little irony there ? hmmmm...[thinking]………..ok, thinking finished...………………. Naaaaa………………….
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OldCoyote
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Post by OldCoyote on May 10, 2019 14:17:50 GMT -5
Your prediction is the Market is going to crash? I wasn't predicting anything. I was simply reporting on what's been happening in the Chinese and American markets today.
Tomorrow they will be up, cause the big dogs will only use this to suck the money out of the regular investors pocket, Then the day after that the market will down because the wind is blowing from the north.
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