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Gee, what happened to moderator Goran? I guess it only counts when you insult a right wing patnetter. .
Donald Trump wants to keep China down. The argument is all about Tech, but that misses the issue. It is about something other than tech. It is about energy. Tech is just collateral damage. And it is a cultural war, and Trump wants to war with the world. He wants a nation with 4.4 percent of the world population to control the world. It is dangerous and we could very well see the end of civilization:
Tonight's homework: How many times have Rep/Cons spoken in public & held rallies to stop China's theft?
We control the world now, and all I see is a world wide boom in prosperity.
Trump wants free and fair trade with China and everyone else. Stealing our technology is not acceptable.
Strategist saysWe control the world now, and all I see is a world wide boom in prosperity.
Trump wants free and fair trade with China and everyone else. Stealing our technology is not acceptable.
The game isn't over, Zionist. Truth is, the trade gap widened in August. Trump is losing. People vote with their purchases and the strong dollar is making it less affordable anyway to buy American.
The game isn't over, Zionist.
The choice was between supporting terrorists and suicide bombers, or those defending against them. I chose the latter. Who did you choose?
But you are off the subject, Strategist. The most dangerous thing in the world is the trade war coupled with the emerging market meltdown.
Strategist saysThe choice was between supporting terrorists and suicide bombers, or those defending against them. I chose the latter. Who did you choose?
It is well known that Israel supported ISIS, as did the USA. So, I choose neither.
But you are off the subject, Strategist. The most dangerous thing in the world is the trade war coupled with the emerging market meltdown.
Gary, guys like you said same things about Reagan and Soviet Union. Liberals were peeing their pants back in the 80's on a daily basis crying themselves to sleep. At the end America became stronger and better.
The most dangerous thing in the world is the trade war coupled with the emerging market meltdown.
Also, not sure how it's a trade war. We're the largest consumers per capita. Why do we owe any other country a damn thing? They should be paying US to send their goods here or make their own economies better. This is one of the things I do like about Trump.
Gary, guys like you said same things about Reagan and Soviet Union.
Any proof of this? Not a fan of Trump, but please link some indicators that are showing a "meltdown" coming.
As of 2019, the average Chinese worker will be older than the average American worker. And they have no social security and thanks to 1 Child Idiocy, fewer working age people to directly support their parents and grandparents. This is why they saved up so much...like the Japanese did. But once the demographic shift starts towards spending those savings, it will not stop until another generation passes at least.
Stock market melted today. This may be the beginning. China not buying our excess bonds could cause rates to go up. Investors will rotate out of stocks, where you can lose your principle, to bonds where you cannot.
China buys an insignificant portion of US Debt. This is a Pepe Escobar lie; I used to believe it until I arsed myself to look at the actual numbers involved. It's fractional.
China only owns 5% of the total federal debt. Don't tell Gary. He will just blame the Jews.
Interesting take.
It's normal to keep a competitor down, or at least growing more slowly.
So, Strategist, China and foreign nations own well over 40 percent of US debt. China is the largest foreign holder of US debt. It does not take much buying abstinence or selling to undermine the auctions and screw the collateral.
Strategist saysChina only owns 5% of the total federal debt. Don't tell Gary. He will just blame the Jews.
Here is my Jewish DNA, asswipe:
Here is proof:
https://www.marketwatch.com/story/heres-who-owns-a-record-2121-trillion-of-us-debt-2018-08-21
It isn't the amount already owned. It is the world not participating in US auctions. If nations refuse to participate, interest rates could go up. It is like tariffs. If tariffs are applied, or even if they aren't, the world could simply decide to no longer buy America. Trump is doing damage. We have 4.4 percent of the world population. Asia has 4.5 billion people. 4.5 billion customers. We are screwed if we lose all those customers. Trump is putting our nation in danger, not to mention more countries will no longer trade in dollars, making the reserve currency less attractive.
FortWayneIndiana saysGary, guys like you said same things about Reagan and Soviet Union.
Ronald Reagan despised Donald Trump.
You are dodging the question there Gary. Because what you are proposing is "Surrender", and Trump is proposing Reagans policy of "Peace Through Strength". And by now we all know what wins.
Stock market melted today. This may be the beginning.
It indicates a major hurricane hit Florida.
Duh
It is dangerous and we could very well see the end of civilization
Wrong. As Asia profits and grows, we would, before we pissed them off, grow in our trade with them. You don't understand that per capita, we sell way more to China than China sells to us.
People said the same thing about Japan. We do fine with Japan. China is no different.
God smited the USA for the sins of the Republicans
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http://www.talkmarkets.com/content/global-markets/is-the-usa-too-weak-to-let-china-succeed?post=193508&uid=4798
and:
http://www.talkmarkets.com/content/global-markets/scott-sumner-destroys-financial-times-fear-of-china?post=186426&uid=4798