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08-09-2018, 08:22 AM
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#871
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Registered User
Join Date: Feb 2005
Posts: 1,144
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Quote:
Originally Posted by tucker6
China is losing this fight and they know it.
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Agreed....Their stocks  and their currency have done a tumbling act since the Prez raised tariffs. $$$
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08-09-2018, 12:38 PM
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#872
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,484
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Quote:
Originally Posted by tucker6
China is losing this fight and they know it.
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Their economy is in the shithole and is worsening, it is working.
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08-09-2018, 12:43 PM
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#873
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by fast4522
Their economy is in the shithole and is worsening, it is working.
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What planet do you guys exist on?
China GDP Growth Rate
Next question.... what if they stop giving us cash?
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08-09-2018, 01:02 PM
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#874
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,484
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Bogus charts and graphs just like the commie Sluagh, sure looks like Xi Jinping loves Trump with your data. I think the majority here would find your post bogus.
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08-09-2018, 01:22 PM
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#875
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by fast4522
Bogus charts and graphs just like the commie Sluagh, sure looks like Xi Jinping loves Trump with your data. I think the majority here would find your post bogus.
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Okay... so despite evidence to the contrary you maintain their economy is terrible. 
Second question still unanswered.
What happens if they stop giving us cash?
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08-09-2018, 01:48 PM
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#876
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Registered User
Join Date: Feb 2005
Posts: 1,144
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Quote:
Originally Posted by fast4522
Bogus charts and graphs just like the commie Sluagh, sure looks like Xi Jinping loves Trump with your data. I think the majority here would find your post bogus.
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Just like you stated, anyone that follows the markets closely knows you don't ever, never believe any financial numbers that come out of China. Their 10 largest companies are state owned, books are cooked to prop them up.
China also has many large cities built to completion, but with 1/10 of the population they were designed to house. Photos, video and commentary at links.
https://www.businessinsider.com/these-
chinese-cities-are-ghost-towns-2017-
4https://www.youtube.com/watch?v=V3XfpYxHKCo
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08-09-2018, 02:02 PM
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#877
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by incoming
Just like you stated, anyone that follows the markets closely knows you don't ever, never believe any financial numbers that come out of China. Their 10 largest companies are state owned, books are cooked to prop them up.
China also has many large cities built to completion, but with 1/10 of the population they were designed to house. Photos, video and commentary at links.
https://www.businessinsider.com/these-
chinese-cities-are-ghost-towns-2017-
4https://www.youtube.com/watch?v=V3XfpYxHKCo |
But China's books have always been cooked.
Furthermore the numbers being thrown around right now are miniscule to even their economy.
Dictatorships are much better built to fight trade fights. They don't have segments of the population that can be targeted to sway votes. The 120 people losing their jobs at the factory in South Carolina are likely not going to vote for Trump/Republican... Chinese citizens don't vote.
Still nobody willing to tackle the question of what happens if they stop giving us cash?
(Not necessarily directed at you)
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08-09-2018, 02:09 PM
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#878
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Registered User
Join Date: Feb 2005
Posts: 1,144
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Quote:
Originally Posted by elysiantraveller
But China's books have always been cooked.
Furthermore the numbers being thrown around right now are miniscule to even their economy.
Dictatorships are much better built to fight trade fights. They don't have segments of the population that can be targeted to sway votes. The 120 people losing their jobs at the factory in South Carolina are likely not going to vote for Trump/Republican... Chinese citizens don't vote.t
Still nobody willing to tackle the question of what happens if they stop giving us cash?
(Not necessarily directed at you)
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I won't participate in any of your circle jerks...please get a life.
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08-09-2018, 05:12 PM
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#879
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,484
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Quote:
Originally Posted by elysiantraveller
Still nobody willing to tackle the question of what happens if they stop giving us cash?
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Heck that is the easy one, the congress will go on a diet real fast. Military, Social Security, and Medicare maintained. Everything else gone, China is why we got like this and sure as shit will be taxed equal or greater as they manipulate currency included until we are out.
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08-09-2018, 05:15 PM
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#880
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by fast4522
Heck that is the easy one, the congress will go on a diet real fast. Military, Social Security, and Medicare maintained. Everything else gone, China is why we got like this and sure as shit will be taxed equal or greater as they manipulate currency included until we are out.
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Dude... tariffs are taxes on us. 
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08-09-2018, 05:17 PM
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#881
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,484
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Quote:
Originally Posted by elysiantraveller
Dude... tariffs are taxes on us. |
So you and China can do the same thing right dude?
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08-09-2018, 05:18 PM
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#882
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by fast4522
So you and China can do the same thing right dude?
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How is China going to be taxed like us?
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08-09-2018, 05:24 PM
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#883
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,484
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Incoming summed it up correctly about participating in any of your circle jerks.
Our position will hold, you and China can carry on.
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08-09-2018, 06:29 PM
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#884
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by fast4522
Incoming summed it up correctly about participating in any of your circle jerks.
Our position will hold, you and China can carry on.
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So... you don't know.
Okay.
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08-10-2018, 11:33 AM
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#885
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Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
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Quote:
Originally Posted by elysiantraveller
Okay... so despite evidence to the contrary you maintain their economy is terrible.
Second question still unanswered.
What happens if they stop giving us cash? |
When you say if China stops giving us cash --a juvenile description to say the least-- do you mean China investing in US debt, such as bonds, Treasurys, corporations and real property?
Well if that is what you really mean -- incoherency is such a sad state of mind; just ask the 'It' girl Ocasio-Cortez -- nothing serious happens -- at least to the USA.
I know you probably think the USA economy will crash without China ... without China dumping cheap and unsafe products, without stealing our technology, without devaluing their currency. Yes, we 'need' China for all that -- .
So, if China does stop all this 'sending' -- now by stopping all this 'sending', the hardship will actually wind up at the foot of the Chinese government and not with the USA of Donald J. Trump.
Quote:
If China is indeed threatening to retaliate against any U.S. trade action by reducing its purchases of U.S. government bonds, not only would this be a pretty hollow threat, but in fact it would be exactly what Washington wants. To see why, let’s consider all the ways in which Beijing can reduce its purchases of U.S. government bonds.
1--Beijing could buy fewer U.S. government bonds and more of other U.S. assets, so that net capital flows from China to the United States would remain unchanged.
2--Beijing could buy fewer U.S. government and other U.S. assets, but other Chinese entities could then in turn buy more U.S. assets, so that net capital flows from China to the United States would stay unchanged.
3--Beijing and other Chinese entities could buy fewer U.S. assets and replace them with an equivalently larger amount of assets from other developed countries, so that net capital flows from China to the United States would be reduced, and net capital flows from China to other developed countries would increase by the same amount.
4--Beijing and other Chinese entities could buy fewer U.S. assets and replace them with an equivalently larger amount of assets from other developing countries, so that net capital flows from China to the United States would be reduced, and net capital flows from China to other developing countries would increase by the same amount.
5--Beijing and other Chinese entities could buy fewer U.S. assets and not replace them by purchasing an equivalently larger amount of assets from other countries, so that net capital flows from China to the United States and to the world would be reduced.
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https://www.financialsense.com/micha...treasury-bonds
The Chinese government has always threatened the USA when some politician speaks the truth about China's trade policies. It's happened many times in the past 25 years. But, in prior years, the China-is-bad talk ended right then and there.
That is before Donald Trump came to town.
The US economy, our government, and simply, our American way of life, will survive quite well in respect to any 'trade war', 'tariffs' and the like. Trump haters and compromised politicians may worry at night, but our great life goes despite their tears.
You cannot say the same for the Chinese and for most of the countries in the world.
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