Update on US-Chinese trade war from a sane angle

[edward37]

Usually, a normal president creates a coalition with our friends to fight bad economic practices from adversarial countries.

But after what Trump has done, a coalition of the United States, Russia, and North Korea would just make people laugh.

do you even know, who the enemies of the US are? obviously not!

McConnell ?? Moscow Mitch?

 

[pyetro]

China uncensored is a really good channel to get some insight into Chinese politics and issues

So you think the stocks will calm down because you posted a video?

 

[SassyIrishLass]

China uncensored is a really good channel to get some insight into Chinese politics and issues

So you think the stocks will calm down because you posted a video?

Strong July retail sales seemed to have calmed it down....and put a damper on the recession chatter

 

[bendog]

Usually, a normal president creates a coalition with our friends to fight bad economic practices from adversarial countries.

But after what Trump has done, a coalition of the United States, Russia, and North Korea would just make people laugh.

do you even know, who the enemies of the US are? obviously not!

Trump should have gotten the EC Italy GB and France together and THEN approach China But that door has closed due to our let's make a deal president bullying

yeah, they had the same concerns about Jina invading their markets with predatory practices and forcing EU firms to give up IP for access to Jina. But they cut a deal in late spring. There are still tensions, but we'd be better off in the same deal as the EU is in. In a sense, Xi did a Nixon and played the EU card on us, and Nixon playing the Jina card on the Soviets. We'er the economy on the outside.

 

[Lincoln1976]

Trump should have gotten the EC Italy GB and France together and THEN approach China But that door has closed due to our let's make a deal president bullying

that door was never open! it opened in Italy after Salvini's victory and it might have opened now that Boris Johnson is in office...the EU has been incredible hostile towards Trump, cause they hate nationalists....remember: they are globalist socialists...sell out cuks and they hate everyone, who doesn't hate their country and have it flooded with foreign goods and illegal people...
I have heard all the anti Trump anti nationalism rethoric for ages now....no way they would have worked together with him on anything

 

[edward37]

Before market DOW sunk when China said they'd retaliate for tariffs added on in Sept Came back when the news was China asking to go half way WalMart going up was also a big reason for DOWS rise

 

[bendog]

Before market DOW sunk when China said they'd retaliate for tariffs added on in Sept Came back when the news was China asking to go half way WalMart going up was also a big reason for DOWS rise

I don't have an economics or even history degree, and admittedly I've only followed this closely since Nixon. But imo it takes about two years for a potus's policies to start having an effect, and even then there's the fed. Ideally, they work in cooperation.

They did not with HW after he did the savings and loan bailout, and Greenspan arguably cost HW a second term. Although that was not his only problem, but still the S&L bailout paid for itself. More importantly, Nixon forced the fed to have cheap money even after he devalued the dollar to combat OPEC, and keep an econ expansion going. Not surprisingly, we had hyperinflation that Keynesian economics could not solve because Keynes thought free market govts/economies would behave cooperatively. OPEC did not. Carter abandoned Keynes and started a monetary recession. Reagan doubled down.

Trump is at odds with the Fed, even though he picked the chair after denying Yellen a new term. His tax cuts, spending and Tariffs are ALL inflationary. For years we asked "where's inflation?" We found it with Trump who had to delay his tariffs to prevent Holiday shopping price hikes, and he's asking the Fed for yet cheaper money and to buy more federal debt with …. made up money.

Tariffs may finally bring on a recession and end to the 10 year expansion. That will kill any inflation. But the fed has only limited ammo left to cut rates and buy bonds … the price of which may be increasing anyway .. in which case the Fed CANNOT buy bonds because it would be inflating the market price.

Miss Graham is stockpiling AR-15s and ammo.

 

[pyetro]

China uncensored is a really good channel to get some insight into Chinese politics and issues

So you think the stocks will calm down because you posted a video?

Strong July retail sales seemed to have calmed it down....and put a damper on the recession chatter

You left out the bad manufacturing news.
MAGA!

 

[22lcidw]

News this morning is China wants to meet us half way ,,,,and also say they will retaliate if tariffs come into play in Sept

Meet halfway means whatever China says.
I'm 100% for Trump, Navarro, and Lighthizer requiring a fair trade deal, even if China kicks and screams.
China has had its way for way too long.
Even Nancy & Chuck want Trump to bring China to heel.

How much pain are you willing to take? China will take more Trump will fight to the last drop of your blood

I am willing for China to use some of its brand new modern military hardware provided by us as we pay for their slave wage earners for our existence to vaporize a few western cities. How about you?

 

[edward37]

News this morning is China wants to meet us half way ,,,,and also say they will retaliate if tariffs come into play in Sept

Meet halfway means whatever China says.
I'm 100% for Trump, Navarro, and Lighthizer requiring a fair trade deal, even if China kicks and screams.
China has had its way for way too long.
Even Nancy & Chuck want Trump to bring China to heel.

How much pain are you willing to take? China will take more Trump will fight to the last drop of your blood

I am willing for China to use some of its brand new modern military hardware provided by us as we pay for their slave wage earners for our existence to vaporize a few western cities. How about you?

You're Bonkers

 

[bendog]

News this morning is China wants to meet us half way ,,,,and also say they will retaliate if tariffs come into play in Sept

Meet halfway means whatever China says.
I'm 100% for Trump, Navarro, and Lighthizer requiring a fair trade deal, even if China kicks and screams.
China has had its way for way too long.
Even Nancy & Chuck want Trump to bring China to heel.

How much pain are you willing to take? China will take more Trump will fight to the last drop of your blood

I am willing for China to use some of its brand new modern military hardware provided by us as we pay for their slave wage earners for our existence to vaporize a few western cities. How about you?

You're Bonkers

maybe we should have ignored the weird OP that seems to have brought out the truly nuts folks.

 

[Lincoln1976]

maybe we should have ignored the weird OP that seems to have brought out the truly nuts folks.

maybe we should ignore all the butt sniffing left turds, who live in lala lulu land...

 

[BuckToothMoron]

China can destroy billions of dollars in US equities' values with a single statement. As long as this tariff/currency war continues we will have very high volatility.

In a $14T US economy China's influence is minimal. The US consumer rules the roost. Do you think Santa will not deliver this Xmas? The US economy is a juggernaut even if it slows to below 2% growth. We're at full employment, the Fed is lowering rates, sure we have volatility, but most investors ignore volatility and focus on the long term growth. We're in the longest expansion in history, so a short recession isn't a bad thing, look at the dip the Fed caused last December, no big deal.

Just 10 days ago China decided to weaken their currency and $700 billion dollars was wiped out in the stock market. That seems like influence to me. BTW- the djia is lower today than it was then.

 

[BuckToothMoron]

China can destroy billions of dollars in US equities' values with a single statement. As long as this tariff/currency war continues we will have very high volatility.

In a $14T US economy China's influence is minimal. The US consumer rules the roost. Do you think Santa will not deliver this Xmas? The US economy is a juggernaut even if it slows to below 2% growth. We're at full employment, the Fed is lowering rates, sure we have volatility, but most investors ignore volatility and focus on the long term growth. We're in the longest expansion in history, so a short recession isn't a bad thing, look at the dip the Fed caused last December, no big deal.

Some investors thrive on volatility

I dig it for sure. But I would hate to be a retiree depending on safe haven investments to pay my bills.

 

[WillPower]

China is hurting from the tariffs, parts of Europe may already be in recession, the US consumer is the strongest economic force on the planet at the moment, and we are all paying more for most of what we buy because of the tariffs. You may as well spend it because you can’t get a decent return buying a bond.

Nobody is paying more for Chinese products because of the tariffs....the importers are eating the increase.

 

[Zorro!]

China knows how to play the long game . that's the real problem.

They also pretend to be a civilized nation. IF I RAN FEDEX, I’D SUSPEND ALL SERVICE TO AND FROM CHINA: China ramps up ‘hostage-taking binge’ by detaining FedEx pilot.

China ramps up ‘hostage-taking binge’ by detaining FedEx pilot

 

[Harpy Eagle]

And then as he always does, Trump says dumb shit and fucks up any progress that had been made...

China Trade Negotiators Cut U.S. Trip Short After Trump Says He Doesn't Need A Deal Now

Chinese trade negotiators cut short their trip to the U.S. after President Donald Trump said Friday he really doesn’t need a trade pact until after the 2020 presidential election.

 

[kyzr]

China can destroy billions of dollars in US equities' values with a single statement. As long as this tariff/currency war continues we will have very high volatility.

In a $14T US economy China's influence is minimal. The US consumer rules the roost. Do you think Santa will not deliver this Xmas? The US economy is a juggernaut even if it slows to below 2% growth. We're at full employment, the Fed is lowering rates, sure we have volatility, but most investors ignore volatility and focus on the long term growth. We're in the longest expansion in history, so a short recession isn't a bad thing, look at the dip the Fed caused last December, no big deal.

Just 10 days ago China decided to weaken their currency and $700 billion dollars was wiped out in the stock market. That seems like influence to me. BTW- the djia is lower today than it was then.

The US GDP was 19.5T in 2017 and $20.5T in 2018, it should be even higher in 2019. The Dow fluctuates, no big deal, but the long term trend is up.
The DJIA is shown above, and except for the "boneheads" raising rates too fast at the end of 2018, the Trump economy is still chugging along.
If Trump can get the US and Chinese globalists to part company that would be a good thing, China is becoming way too powerful, and Trump is the only president to do something about it.

Milley
Milley says China will be the biggest military threat for 100 years and warns it is improving 'very, very rapidly'

Pompeo
Pompeo: China Is The Greatest Threat U.S. Faces

Dunford
Gen. Dunford: China to be US' 'greatest threat' by 2025 - CNNPolitics

Intelligence Agencies warn about Chinese spies
Why Intelligence Officials Say China Is Becoming The U.S.'s Biggest Security Threat

 

[Paulie]

we both are. this near as i can tell is what happens in a "trade war". what i am not sure if is how far "behind" we were with the chinese or what trump was hoping to change "specifically" by starting this "war" vs. talking through issues.

There is no "talking through the issue" with china...China is a hyper nationalistic, racist nation who gives a shit about the rest of the world...they have their agenda and no concerne for you, your dog or community whatsoever. And don't forget: it is a communist dictatorship and everything is tied into the party, so don't look for a change of course or democratic debate whitin China....hell, they let their own people die

Inside China's 'cancer villages'

Remember that girl on youtube (Chinese version of course) who sang the Chinese anthem in a squeecky voice (cause...well, that's just her voice when singing)...the one that was arrested for that?

Chinese online star detained after 'insulting' national anthem | Daily Mail Online

are those the people, you want to support with your money?

Liberals NEVER liked China for those reasons... until trump started taking them on. Now you’ll see liberals all over this board defending China and literally saying that we need them.

 

[iceberg]

And then as he always does, Trump says dumb shit and fucks up any progress that had been made...

China Trade Negotiators Cut U.S. Trip Short After Trump Says He Doesn't Need A Deal Now

Chinese trade negotiators cut short their trip to the U.S. after President Donald Trump said Friday he really doesn’t need a trade pact until after the 2020 presidential election.

It's very "emotional" not methodical.