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  • We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S.

That means you are going into a trade war dumbass xD
that means dowjones will hit 23000 this day afternoon>
well at least we know he doesnt have any properties in China...or is he planning on doing so after he gets a side deal.
Seriously though, how can the US continue $500bil trade deficits and have China also be major owner of US debt? Untenable situation but pain in the short run. 30 yrs ago everyone was riding bicycles over there and now they grab the west by the balls.Early 90's I had an economics professor talk about how great it was going to be that Asia and other less developed countries would be the manufacturers and the West and other developed nations would be the "brain" countries and each region would specialize. As a 20 yr old at the time I wondered how do you have a country when you don't have jobs for a wide variety of your people? Not everyone in one country is meant to do similar types of work.
The fact is when US don't sell Intel chips to China, they developed their own, now the #1 world super-computer are in China and no more Intel chip. US spent billions to develop F35, F22, China only use a fraction of it to develop the more powerful J20 and the low-end J31 matched F35. China wants a list of items, US refuses to sell, well...this only force them to develop their own, cheaper, newer, better. Trade war with China is the most stupid way to get defected, not to defect them. China have the money, intelligent brain power, resources and most important, hardwork and discipline. See what the american doing? drinking, bullying, conning peoples's money, sell weapons to de-stablizise the war, at the end US will kill itself under trumps administration. Even god can't help.
Strange that people all over the world and of all places in US, labeling Trump as evil and China as angel. Strange world indeed.
True...The leaders who represented the US had a very loose pro-China policy - Repubs, and Democks included.
Now the pendulum has swung so far to one extreme, that it has to come back and swing to he other side.
If you understand what Trump is talking about you will understand what he is referring to. The USA had the only neodymium manufacturing facility in the world that was producing military grade neodymuim developed by Ford and the DOD and all the procesess were USA patented. Contracts for neodymuim were arranged by the Pentagon, but the staff in the Pentagon had been sleeping on the job. By accident the Pentagon had discovered that he military grade neodymuim was coming from China. When they investigated they found that some China company had bought the neodymium manufacturing facility, disassembled it and shipped it all to China and reconstructed it in China along with all of the USA patents. Neodymium is essential to all of the USA high tech missiles, aircraft and nuclear submarines and other military hardware. Without military grade neodymium all of the USA's military hardware is just a pile of scrap metal. Now you understand what Trump is talking about when he refers to Intelectual Property Theft. That is how China managed to develop their military hardware.
Don't wait for the wind, take to the oars.
Quoting Hareii
Strange that people all over the world and of all places in US, labeling Trump as evil and China as angel. Strange world indeed.
Who's labeling china angel? lol learn to real man
Quoting Hareii
Strange that people all over the world and of all places in US, labeling Trump as evil and China as angel. Strange world indeed.
You know people are crazy, right. Trump is doing the right thing but dumb Americans he's fighting for call him crazy while they worship China. Strange people.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting Windstrown
That means you are going into a trade war dumbass xD
Fool !
Don't wait for the wind, take to the oars.
Quoting Pleiadian
If you understand what Trump is talking about you will understand what he is referring to. The USA had the only neodymium manufacturing facility in the world that was producing military grade neodymuim developed by Ford and the DOD and all the procesess were USA patented. Contracts for neodymuim were arranged by the Pentagon, but the staff in the Pentagon had been sleeping on the job. By accident the Pentagon had discovered that he military grade neodymuim was coming from China. When they investigated they found that some China company had bought...


Rare earth mining?
Get over yourself.
Quoting fxokieusa
As a 20 yr old at the time I wondered how do you have a country when you don't have jobs for a wide variety of your people? Not everyone in one country is meant to do similar types of work.
Obviously you are way smarter than those text-booked, study smart professor and high educational certified graduates who think they are wiser than all people. They may be smarter, but wiser, maybe not. The beggar on the street are at times wiser than those top politicians who think that if they feel that an idea is good, EVERYONE should follow it. Now its the age of the digital economy, so EVERYONE has to move into digital related employment. EVERYONE has to go cashless. EVERYONE has to own a smart phone and a internet connection. How would the beggar pay for their food if cashless and need a smart phone and/or a internet connection? How would you wash that toilet of shits DIGITALLY? How do you clear your rubbish DIGITALLY? Using your mind power to perform manual task DIGITALLY?
Quoting Robb1e
{quote} Rare earth mining? Get over yourself.
I known what rare earth mining is. Neodymium is a rare earth metal. It is the processes that were developed in the USA to produce military grade neodymium and stolen by China. Fool!
Don't wait for the wind, take to the oars.
Quoting Pleiadian
{quote} I known what rare earth mining is. Neodymium is a rare earth metal. It is the processes that were developed in the USA to produce military grade neodymium. Fool!

Reading stuff like this are ya champ?

https://macropolo.org/trumps-trade-war-isnt-trade-technology/
Quoting Robb1e
{quote} Reading stuff like this are ya champ? https://macropolo.org/trumps-trade-w...de-technology/
I am not going to follow that link, but whatever it is you must be reading it. Fool!
Don't wait for the wind, take to the oars.
Quoting Hareii
Strange that people all over the world and of all places in US, labeling Trump as evil and China as angel. Strange world indeed.
So true!! Somewhere somehow somebody needs to stop this and unfortunately for Trump the job was passed onto him.
America lost the trade war when it decided it wanted to pay a $1 for cheep product instead of $2 for quality one. It whored its self to cheep labor in china and that's all she wrote...China is very smart, they where quiet and patient while Americans partied and spend like no tomorrow...now its time to pay the piper.
Quoting blurstar
The fact is when US don't sell Intel chips to China, they developed their own, now the #1 world super-computer are in China and no more Intel chip. US spent billions to develop F35, F22, China only use a fraction of it to develop the more powerful J20 and the low-end J31 matched F35. China wants a list of items, US refuses to sell, well...this only force them to develop their own, cheaper, newer, better. Trade war with China is the most stupid way to get defected, not to defect them. China have the money, intelligent brain power, resources and most...

Solid comments! Couldnt agree more.

Even the Presence of Trump is clear indication of Americas decline before the very eyes of the world, yet most Americans are still blind to this Russian implant.

Clearly when your arch enemies are able to trick you into appointing their choice to run your country you are in a deep mess. And not being able to see it makes it even worse!
Quoting DonFF
{quote} Solid comments! Couldnt agree more. Even the Presence of Trump is clear indication of Americas decline before the very eyes of the world, yet most Americans are still blind to this Russian implant. Clearly when your arch enemies are able to trick you into appointing their choice to run your country you are in a deep mess. And not being able to see it makes it even worse!
I can see hope in US but NONE in China. Even if you have the worst President in US making the worst mistake in the history of US (I doubt in the near term, any president can beat Obama on this front), he will vacate his office in 2 terms. But in China, their president can RULE without a term limit now. Basically, its back to emperor rule in China now. And when the Chinese President happen to be the worst president making the worst mistake, he is gonna continue in his folly for the rest of his rule till he depart.

Ultimately 325 million people in US decides on their future, but in China only ONE person decide now. ONE person can be tricked and fooled all the time and if you are tricked in thinking that 325 million people can be tricked all the time, and if you are tricked in thinking that US is in a bigger decline (I will not debate on whether US is indeed declining or otherwise) than Russia or China, you are in deep confusion. And not being able to see this, you are gonna run down your own system and singing praise of dynasty and warlord system in those other lands.
Quoting Pleiadian
If you understand what Trump is talking about you will understand what he is referring to. The USA had the only neodymium manufacturing facility in the world that was producing military grade neodymuim developed by Ford and the DOD and all the procesess were USA patented. Contracts for neodymuim were arranged by the Pentagon, but the staff in the Pentagon had been sleeping on the job. By accident the Pentagon had discovered that he military grade neodymuim was coming from China. When they investigated they found that some China company had bought...
While USA battle so called terrorism China was busy with the modern war....Info war. Try Telling George W Bush and his cronies that. Now Trump is busy talking Trade war, Russia has won the first war, psycho war by implanting its own representative in White house who is incapable of thinking clearly and develop cohesive policy.

People everyone must wake up! George Washington and Roosevelt etc could not have done the kind of work they did if their basic intellectual capacity was at the level of current leadership. The Russians know this, only average Americans who votes don't. Hence Russia truly cashed in here.

So over the last 15-20 yrs America has lost 2 of the most significant of wars while by failing to understand that wars are not usually about firepower and showdown. The wars of the 21st century surely isn't. Firepower only happens afterwards.

The irony is we have Trump commenting on previous leadership not realizing he is part of the whole mess aided and abetted by the American people themselves. People must know this and understand how Americas down fall is happening "No country can defeat America", like Rome, only America can and is defeating itself.
Quoting Hareii
{quote} I can see hope in US but NONE in China. Even if you have the worst President in US making the worst mistake in the history of US (I doubt in the near term, any president can beat Obama on this front), he will vacate his office in 2 terms. But in China, their president can RULE without a term limit now. Basically, its back to emperor rule in China now. And when the Chinese President happen to be the worst president making the worst mistake, he is gonna continue in his folly for the rest of his rule till he depart. Ultimately 325 million people...
The issue at hand is not one of where hope is or which Approach is best for the world. Most people know which is best.

The question is which we will and must have based on mankind own penchant for dividing itself in silly ways.
Quoting DonFF
{quote} The issue at hand is not one of where hope is or which Approach is best for the world. Most people know which is best. The question is which we will and must have based on mankind own penchant for dividing itself in silly ways.
One wise man say this (not I say, because I am not that wise as him): conflict at the lower level is harmony at the higher level. The wise see conflict as necessary evil to a more peaceful sustainable balance but the fool (for want of a better word because I don't take another person as fool, just that we are all exposed to different info to make our different informed opinion) cringed at conflict and denounced every confrontational attempts as none but destruction.

The wise see the fierce daily battles in your bodily system and blood stream between the good and bad bacteria as necessary evil to sustain a harmonious healthy bodily system to enable one to live without pain while the fool pop pills at furious pace to kill off all bacteria at first sign of battles so as to avoid such "confrontation". We all know what sustainable mean at the end of the day for the wise and the fool.
Quoting Hareii
{quote} One wise man say this (not I say, because I am not that wise as him): conflict at the lower level is harmony at the higher level. The wise see conflict as necessary evil to a more peaceful sustainable balance but the fool (for want of a better word because I don't take another person as fool, just that we are all exposed to different info to make our different informed opinion) cringed at conflict and denounced every confrontational attempts as none but destruction. The wise see the fierce daily battles in your bodily system and blood stream...
Couldnt agree more.

So There is no east nor west its an artificial divide. Yet this is at the heart of Trumps ranting. Cos while many from the east have better grasping of health issues they still allow many of the wrong influences of Western medicine to influence their healthcare system. The people in the West drink too much of their own cool aid not realizing there is nothing called allergy but its all manufactured and forced into peoples psyche.
Think again, if you think US is in a worst state than Russia or China, that is because it is free info in US. In those other 2 countries, nobody dare to breath a single word. That is why it appear 'peaceful' and 'better' than chaotic US which seems to be heading into hell. While US is heading into hell, those 2 countries are already in hell.
That's what propagated by CNN, Fox News, BBC, ABC, CBS et al

Quoting Ken A
That's what propagated by CNN, Fox News, BBC, ABC, CBS et al
This is how the media reports news, the fake news that Trump warned you about. News from multiple news channels shows presenters are all reading from the same script !


Inserted Video



The news you receive and consume is controlled and rigged by 5 media moguls! Trump uses Twitter to bypass the media and they are furious that he does it. So they try to create propaganda about Trump. Who's fooling you ?
Don't wait for the wind, take to the oars.
Trump is not qualified to comment on anything about the news or media as an individual who use the media for many years to build his image and businesses.

Now that he is in the position where he will be the subject of their reporting they are suddenly the bad guys!
The trade war has been going on for years. The US has just been standing there arms at side taking it like Rocky Balboa. Now we have Trump making some defense and even offense and we start a trade war? Only out of context. This is long overdue.
China makes all sorts of products for Americans to enjoy at a low cost and you guys calls it a trade war.

Man this is why China should go further and abruptly stop exporting to the US altogether.

Make the Trumpsters happy and let them fulfill their beautiful dreams of ten thousand dollar toilet seats, made in america.
Quoting Iro
China makes all sorts of products for Americans to enjoy at a low cost and you guys calls it a trade war. Man this is why China should go further and abruptly stop exporting to the US altogether. Make Trumpsters happy and let them fulfill their beautiful dreams of ten thousand dollar toilet seats, made in america.
Its easy to overlook the fact that China has been the world's manufacturer and in the process makes life different for everyone including even businesses in USA. So what is needed here is for there to be adults who can understand that no nation is an island and no nation stands alone.

Only kids who are unable to grasp the complexity of the world would think that restricting trade will solve problems.

The responsibility to impact the trading dynamics should only be given to people who understand the delicacy and complexity of the integrated trading system which was championed by giants such as Bill Clinton.

American companies will and must be the first to be impacted by these ill informed approach to policy and strategy, this is the case since American companies are the biggest beneficiary companies such as manufacturer of iPhone.
Quoting Iro
China makes all sorts of products for Americans to enjoy at a low cost and you guys calls it a trade war. Man this is why China should go further and abruptly stop exporting to the US altogether. Make the Trumpsters happy and let them fulfill their beautiful dreams of ten thousand dollar toilet seats, made in america.
IRO not informed , talks from the seat of his pant , not understanding how it work , such a lot i could put here
but will not affect the market love to see your trade book ,
people leave, but this thread will go on for ever
Really now? So Kudlow or Trump says "don't be afraid, we are not in a trade war" and the market goes up 1000 points... I would say this is an incredible opportunity to an observant short seller. I am going to take a contrarian view to Buffett here and say that it is in fact the right thing to do to "bet against America", for as long as the ship is steered by the likes of Kudlow, Navarro, and last but not least Trump. Keep in mind that his economic "team" needs no confirmation by the Senate - they are hired directly from Fox News and appointed to the positions of pretty big consequence by the stroke of a pen.

This country's economy hinges so much on domestic consumer demand, and more specifically discretionary spending, that anything that meaningfully impacts prices of imported goods is sure to precipitate another recession due to lower sales and tax revenues. That is in addition to the drop in foreign demand for U.S. exports, caused by reciprocal actions of offended countries... by the time this administration realizes what they've done, this vicious cycle will be hard to break because of lost time and credibility.

There is NO way things are going to be okay, for as long as personnel in charge of the running country has such major problems with integrity, competence or both.
Quoting Subdude
Really now? So Kudlow or Trump says "don't be afraid, we are not in a trade war" and the market goes up 1000 points... I would say this is an incredible opportunity to an observant short seller. I am going to take a contrarian view to Buffett here and say that it is in fact the right thing to do to "bet against America", for as long as the ship is steered by the likes of Kudlow, Navarro, and last but not least Trump. Keep in mind that his economic "team" needs no confirmation by the Senate - they are hired directly...
Couldnt agree more but it speaks to the fibre of a country who would elect someone who comes out and clearly say he doesnt not care about integrity and character and they still see it fit to 1) elect such a person and 2) pay them for the ruine they will cause.

And there are many people who still dont see anything wrong with putting such a person in charge of the biggest economy on the planet....This is laughable if it wasnt so serious.

People still dont realize that once again American has become the laughing stock of the world so soon after Barrack elevated the country from the low of Bush.
Quoting Iro
China makes all sorts of products for Americans to enjoy at a low cost and you guys calls it a trade war. Man this is why China should go further and abruptly stop exporting to the US altogether. Make the Trumpsters happy and let them fulfill their beautiful dreams of ten thousand dollar toilet seats, made in america.
Fool!
Don't wait for the wind, take to the oars.
Quoting issam_telfah
that means dowjones will hit 23000 this day afternoon>
well dow didnt hit 23k
Tra-X
having DJT in office is too convenient

https://www.silverdoctors.com/headlines/world-news/confusion-catastrophe-the-bankers-plan-so-the-masses-wont-know-the-real-reason-of-the-crash/
Lol "trade war".

That proves the President is truly one of the people! 90% of people cant trade, right?
Why is a Raven like a Writing Desk?
Quoting Rastus81
Lol "trade war". That proves the President is truly one of the people! 90% of people cant trade, right?
There are a lot more important things he cant even do which is more important....Like letting a day go by without some kind of lying.
  •  Guest
  • | IP XX.XX.159.48
Obviously massive imbalances exist in the area of trade and debt between the US and China. Normally such imbalances are short term when free currency movements happen. But China's renminbi pricing is politically administered and subject to dirty floating for decades now. Hence there are only a few measures left for Trump - like lifting tariffs - to balance the situation out. Theft of intellectual property is a different story. Both the US and China are known for not accepting certain international courts and legislations. Hence when one steals from the other there is no functioning institution to make a fair ruling. Therefore such issues have to be solved via negotiations and the threat of implementing counter actions. What Trump is doing is to find and prepare a good initial position, before the negotiation on better trade balances and a fair handling of intelectual property with China starts. Every smart politician has to start such a process from a position as superior as possible. If you would start the negotiation with the message "Oh please, we are poor, weak and stupid. Please don't hurt us anymore" you would have lost before the negotiation has begun. I am quite convinced that Trump is a real professional negotiator who knows how to make a good deal. Nevertheless there is a risk to overstretch the own demands and to enter a way-of-no-return escalation. But currently we are still far away from such a situation, especially as Trump has conciously avoided a simultaneous trade conflict with the EU, which does not mean that the EU won't be next.
Quote
I am quite convinced that Trump is a real professional negotiator who knows how to make a good deal.

At first, I was willing to take you somewhat seriously. Until I read the line above.

What in his track record convinced you he is anything close to a good negotiator? His 5 bankruptcies? Running a casino out of business (let me repeat - a casino he owned went out of business)? His wildly successful airline, with gold plated toilets (went out of business soon after launch)? Getting Mexico to pay for the wall (Google what Vicente Fox had to say about that - and he was right)? Constant staff turnover, almost at a faster rate than the cast of "The Apprentice"?

Michael Bloomberg said about him during the campaign "New Yorkers know a con man when they see one." And also: "God help us all if he is going to run the country the way he runs his businesses".

Enuff said.
Quoting Aussi
{quote} IRO not informed , talks from the seat of his pant , not understanding how it work , such a lot i could put here but will not affect the market love to see your trade book ,
I don't know, do you? It's a simple law of economics. Supply and demand. The US don't make much of anything besides IOUs in the form of the US dollar. Cut off their supply of real goods, and all those dollars will be chasing a miniscule amount of products manufactured in the US, with demand far far outstripping supply. What do you think will happen then? Explosive price increases.

It only took US multinationals cutting off the food supply chains in Venezuela to send food prices there soaring. China could do the same. Combine it with selling off all their US treasuries and putting a massive multi-trillion dollar short position on the US dollar. They could profit handsomely and at the same time trigger runaway inflation and loss of faith in the US currency.

It's very clear to me Trump and Americans in general don't regard China as a friend, but as an enemy. So China should regard them likewise and stop supporting America's spendthrift and constant warmongering behaviour.
They want a trade war right? So give it to them.
Quoting Subdude
{quote} At first, I was willing to take you somewhat seriously. Until I read the line above. What in his track record convinced you he is anything close to a good negotiator? His 5 bankruptcies? Running a casino out of business (let me repeat - a casino he owned went out of business)? His wildly successful airline, with gold plated toilets (went out of business soon after launch)? Getting Mexico to pay for the wall (Google what Vicente Fox had to say about that - and he was right)? Constant staff turnover, almost at a faster rate than the cast of...
Still waiting for his tax returns, they would show his incompetency, lies and nonsense. Must be the longest audit in history. I am not sure about Bloomberg s comment though, Americans voted the con merchant in, only in America unbelievable.
Quoting Wayne2401
{quote} Still waiting for his tax returns, they would show his incompetency, lies and nonsense. Must be the longest audit in history. I am not sure about Bloomberg s comment though, Americans voted the con merchant in, only in America unbelievable.
Audits don't stop anyone from releasing returns - it's just another lie. As for the votes, check to see how his hometown voted in the election. It's very consistent with Bloomberg's view.
Quoting Iro
{quote} I don't know, do you? It's a simple law of economics. Supply and demand. The US don't make much of anything besides IOUs in the form of the US dollar. Cut off their supply of real goods, and all those dollars will be chasing a miniscule amount of products manufactured in the US, with demand far far outstripping supply. What do you think will happen then? Explosive price increases. It only took US multinationals cutting off the food supply chains in Venezuela to send food prices there soaring. China could do the same. Combine it with selling...
Trump is a blessing for China and no, not because of TPP. Just watch how things unfold.
Quoting Iro
{quote} I don't know, do you? It's a simple law of economics. Supply and demand. The US don't make much of anything besides IOUs in the form of the US dollar. Cut off their supply of real goods, and all those dollars will be chasing a miniscule amount of products manufactured in the US, with demand far far outstripping supply. What do you think will happen then? Explosive price increases. It only took US multinationals cutting off the food supply chains in Venezuela to send food prices there soaring. China could do the same. Combine it with selling...

Lets give Trump some props here cos as an experienced business owner he knows that There are no "multinationals company" anymore rather we must call them globalised companies…..meaning companies which has structured their operations around obtaining the greatest efficiency for their operation by locating their production engine in the parts of the world where they obtain the greatest bang for their buck.

And this is where Trump pandering to the less educated supporters (who happen to be most of his base) becomes a problem.

Take Apple and iPhone for example, the company wont be the same (to the owners/market) if they must relocate their production to the USA since they wont be able to make the killing they currently make by making their product so cheap and selling at the astronomical price.

So Trump is being either deceptive or playing the fool by pretending that rolling things backwards to protectionism this will cure what is wrong with America. The election of the kind of leader such as Trump is (person without integrity, (selling his soul and even his country to arch enemy in his lust for power), this is what is wrong with America….Its the fabric not the resources that needs fixing. Those who are voting clearly are unable to see this….the blind is leading the blind here!
This is really more about China's restrictions on our companies exporting into China than China exporting to us. That and the requirement to do joint ventures thus revealing trade secrets. Get those problems dealt with and the tariffs, except for the most egregious, will not be an issue.
Quoting gat
This is really more about China's restrictions on our companies exporting into China than China exporting to us. That and the requirement to do joint ventures thus revealing trade secrets. Get those problems dealt with and the tariffs, except for the most egregious, will not be an issue.
Keep dreaming if you think the issues are that simple.
Quoting DonFF
Hidden
Sorry I don't comment on personal matter, let alone attack it. I cannot bring myself to that low level. If you want to say, talk about what I said and not who I am or have lived. Off topic btw.
Nothing is simple Don. Coming at the problems not much known to the average Joe with tariffs is not the simpleton approach. Besides we might win some on that too. Doing nothing is sure to continue the losing accepted by the previous administration.
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  • Posted: Apr 4, 2018 7:23am
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    Category: Low Impact Breaking News
    Comments: 54  /  Views: 18,358