patrick.net

But the water bottles and the crooked angle of the arm!

I guess Gary is right. The only solution is to let China steal all of our IP and allow them to put massive tariffs on us to compensate.

Tenpoundbass says

http://www.talkmarkets.com/content/global-markets/is-the-usa-too-weak-to-let-china-succeed?post=193508&uid=4798

Ten pound brain you are not. Read the article. Realize that energy is why we are shooting ourselves in the foot and it needs to be researched and fixed. Apple is not the only company that will suffer over energy concerns. Notice how China stopped buying US oil.

Goran_K says

I guess Gary is right. The only solution is to let China steal all of our IP and allow them to put massive tariffs on us to compensate.

People said the same thing about Japan. We do fine with Japan. China is no different. Over a billion potential customers. But we turned on them. And we will lose them and the world economy will shrink. But I guess you will be able to find a cheap house in the Bay Area if you can find financing.

"...the small dip in energy consumption per capita in 2008 and 2009 led to a serious recession in many countries of the world."

In other news: "Gale-force winds caused by swaying trees".

personal

bob2356 says

Gee, what happened to moderator Goran? I guess it only counts when you insult a right wing patnetter. .

I flagged my own post because Bob is right.
Even if Gary and I have shared a boisterous banter for the last 12 years on Patnet and I would even have a drink with the guy if his Muslim leanings would allow him to have a girly drink.

Now back to Gary's orginal post.
China taking a sharp Left back to Communism will be their own undoing.
They are set up with many cities that could be productive like the world has never seen. And most of that consumption could be domestic.
But it would require them taking that same money they would normally spend on State owned Socialist businesses. And instead using it to lend out to entrepreneurial Chinese.
Those are one of the most pennywise, save savvy, and Loan repayment people on the planet. These are people that manage to live on the street, under their pushcarts in the existing Economic/Industrial hubs in the larger mainland Chinese Cities. While managing to save up $20K to $50K in a few years. There's a hell of a boom of National GDP just waiting to explode if China would nurture it, and lean back to Capitalism or at least a flavor of it that suits their needs.

Then there's the One China Road Hwy network they want to build. That will also need them to be more flexible to Capitalism than Socialist or Communism for them to make that reality. Nobody would want to make an Economic Agreement with a Communist Country that involves Jointly creating the Highway that Communist Super Power could use to invade and destroy you.

China's future is bright. If they stop trying to be our Cracker Jack prize manufacturer and focus on their own needs and consumption.

Gary Anderson says

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:

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.

HEYYOU says

Tonight's homework: How many times have Rep/Cons spoken in public & held rallies to stop China's theft?

Millions.

China has MASSIVE domestic demand that is kept in check with an artificially cheap currency.

Chinese have so much savings, but if the Chicoms let the currency float it would appreciate rapidly, massively increasing buying power and getting Chinese to go on shopping sprees.

China’s biggest problem is that it’s ruled by authoritarians who’ve reluctantly let slip enough leash for their people to make some wealth. They need to keep moving towards freedoms and away from strict Totalitarianism if they want their success to continue. And that is the next step towards them joining the First World. They must continue to grow and bolster their local economy.

It’s the right time for us to have a real trade agreement with China. A big boy agreement like we have with Europe and Mexico and Canada. Trump is working on that.

Trade with China will continue. It MUST continue. So it will.

Strategist says

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.

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.

Gary Anderson says

Strategist says

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.

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.

So what should Trump do? Increase the trade deficit even further, or reduce it?