b********n
发帖数: 38600 | 1 U.S. Prepares Final China Trade Deal as Hawks Urge Caution
https://www.bloomberg.com/news/articles/2019-02-28/u-s-said-to-ready-final-
china-trade-deal-as-hawks-urge-caution?srnd=premium
Working great just like Smoot Hawley you unschooled moron. US farmer
destroyed and on 25 billion welfare from taxpayers. Tariffs are a tax, 2
billion collected. [25 billion spent in WELFARE] LOL... More trumptard
numbers that show how stupid they are.
US EXPORTS down 12% Globally China Exports up 14% globally and up 15% in
the USA.. YUP Tariffs are working just as the 3000 economists and 14 Nobel
laureates had warned. Pushing the US into a Recession.
Also NO American Companies in Asia have returned. NO companies given foreign
Tax Amnesty returned. NO US companies expanding factories in the US... IN
fact more US companies are moving more facilities overseas. Yup Trump's
Tariffs and the Thousands of retaliatory tariffs on US products are working
like a dream to destroy the US and the US dollar reserve as nations
dedollarize. AS Janet Yellen said last week, Trump know nothing about
economics.
Steel revenues down. Steel demand down. No steel company expansion.
Protectionism is a page out of Karl MARX... your names a kinship perhaps.
Destroys competition. Wages are up only from minimum wage another Karl Marx
pillar of Socialism.
300,000 soy farmers cut down to less than 100,000. Before Trump the US Soy
farmer sold all its surplus of 66 metric tons to China. Then Trump comes
along and destroys the futures contracts by force Majeure by claiming the
the US will subsidize soy losses. All Futures contract became instantly
voidable. Nice work Trump you moron. So then the Chinese cancelled their
orders. That was Spring in the northern hemisphere. By NOV, trump had failed
and soy was harvested and rotted in the fields. Soy is a delicate crop
sensitive to mold damage unless stored immediately in climate controlled
Silos. But thanks to Trump the futures on Soy dropped below cost. So the
Farmer was destroyed by the NYC know it all. Who knows nothing.
Trump Tariffs are Smoot Hawley Tariffs which drove the US recession in 1930
into a 15 year recession.
Trump knows nothing about economics. | b********n
发帖数: 38600 | 2 China and Asia have traditionally grown faster during global recessions
while the US has taken it on the chin. Example the US Subprime Recession.
China growth accelerated at over 12%.
The use economy relies on the consumer buying stuff like phone plans and
internet and Cable TV services. So when it tanks, US consumer cut back on
necessities and Asian products are cheaper so they are in demand.
But just this year the Chinese consumer passed the US Consumer in spending
so Bill O'Neil made the point that the only thing that mattes to the US
economy over the next 50 years is gaining access to the giant ASIAN consumer
markets. He's right and smart investors will buy US and China companies
that will have access. Trumptards will fail and go broke hoping for a
resurgence in the US manufacturing sector via robots or Harry Potter
fantasies. Laughable since Asia has 10x the robotics in use than the US. | b********n
发帖数: 38600 | 3 Why bother argue? The camps are entrenched. How much value has the dollar
lost to gold since the FED took over in 1913 and since the Nixon Gold shock
on 22nd August 1971? We are having the same type of argument regarding
Trumps laughable trade war. How many high profile meetings has any USSA
government done with any country to thrash out a trade agreement? Doesn't
that tell you something?
From the outset last year of these trade talks, I said no deal would happen.
Trade negotiating meeting after meeting, I said the same thing "No deal can
be had" while the Trumpatrds said Orange Jesus was winning. The reality is
people want to see what they want to see.
Just like these morons said Trump and Sessions was going to take down the
Deep State, all I can do is let time play out. The USSA has lost and the
terms of the trade deal will prove it, hence no deal has been made. The
baton has passed to China, but the Yanks don't want to accept it.
1.4 billion of high IQ people with a large manufacturing base VS 330 million
of magical money printers who shipped the manufacturing jobs abroad and if
the jobs come back, their wages won't allow them to be competitive. It's
obvious a circle they can never square, yet they pretend.
The Emperor has no ******* clothes. |
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