dow 27000

[Jkloc420]

They know the US economy is much more fragile than the rosy outlook being broadcast by major news outlets (I concede it is somewhat important to keep dumb asses buying they don’t need and can’t really afford).

At the end of the day, they’re asking why a supposedly historically strong economy is completely dependent on artificially low interest rates, and they are banking on the next recession hitting (just by the law of averages since the end of WW2 we are long overdue).

When it hits, what arrows are going to be left in the economic quiver? Lowering interest rates, cutting taxes and deficit spending are completely played out.

You realize if we go into a recession that hurts china more right

 

[bacha29]

Are you saying it won't be easy or that you're still hiding under your bed when we use the word China?

You're still not getting it. China is still a one party communist nation with a so called "president" who will be in office for as long as he wants to be in office. In China there is no such thing as political dissent. The media is still state controlled and they sure as hell are not going to worry about pig fever. And as long as there is no such thing as political dissent they will be no pressure to make a deal on Trump's terms. They'll just sit there across the table and smile and whatever agreement if any is reached it will likely be more symbolism that substance and it's terms will not likely be much different that TPP.
Chances are it will be something like the much hyped USMCA. Not whole lot different than the treaty it replaced.
For example the US share of the Canadian milk market will grow from 3.25% to 3.59% . Big deal. All it will mean is that a few additional tanker loads of milk will go over the border.

Yeah, you might see a deal reached but the devil is in the details and the only thing actually harvested is more political timber.
BTW. Trump's embargo of Iran oil which promises sanctions against those nation's that don't comply? Day before yesterday an Chinese oil tanker (state owned) pulls up to an Iranian oil depot and loaded up ....See just how seriously the take Trump?

 

[Box Ox]

china is already down 14 percent this year

You realize if we go into a recession that hurts china more right

But it doesn't matter in China like it would here. They can still keep going because their leaders are not accountable to the public the same way ours are.

 

[Jkloc420]

You're still not getting it. China is still a one party communist nation with a so called "president" who will be in office for as long as he wants to be in office. In China there is no such thing as political dissent. The media is still state controlled and they sure as hell are not going to worry about pig fever. And as long as there is no such thing as political dissent they will be no pressure to make a deal on Trump's terms. They'll just sit there across the table and smile and whatever agreement if any is reached it will likely be more symbolism that substance and it's terms will not likely be much different that TPP.
Chances are it will be something like the much hyped USMCA. Not whole lot different than the treaty it replaced.
For example the US share of the Canadian milk market will grow from 3.25% to 3.59% . Big deal. All it will mean is that a few additional tanker loads of milk will go over the border.

Yeah, you might see a deal reached but the devil is in the details and the only thing actually harvested is more political timber.
BTW. Trump's embargo of Iran oil which promises sanctions against those nation's that don't comply? Day before yesterday an Chinese oil tanker (state owned) pulls up to an Iranian oil depot and loaded up ....See just how seriously the take Trump?

yes we seized that ship

 

[Meat]

You realize if we go into a recession that hurts china more right

I’m sure that will bring great solace to the forty percent of the US population that can’t cover a $400 dollar emergency - what was I thinking!

 

[Jkloc420]

But it doesn't matter in China like it would here. They can still keep going because their leaders are not accountable to the public the same way ours are.

they are accountable to the billion mouths they got to feed

 

[Jkloc420]

I’m sure that will bring great solace to the forty percent of the US population that can’t cover a $400 dollar emergency - what was I thinking!

If we go into a recession we buy even less from china

 

[Box Ox]

they are accountable to the billion mouths they got to feed

Or what? They'll be voted out? The leadership will collapse? They've got all the guns. The Chinese population will endure any sacrifice they need to.

 

[Jkloc420]

Or what? They'll be voted out? The leadership will collapse? They've got all the guns. The Chinese population will endure any sacrifice they need to.

Maybe, maybe not, I guess we will see

 

[bacha29]

yes we seized that ship

The US Navy seized Chinese state owned oil taker in international waters?

 

[Jkloc420]

The US Navy seized Chinese state owned oil taker in international waters?

no they seized an oil tanker

 

[Jkloc420]

The US Navy seized Chinese state owned oil taker in international waters?

it was a north Korean vessel

 

[bacha29]

no they seized an oil tanker

Flying who's flag?

 

[Box Ox]

it was a north Korean vessel

Carrying coal.

 

[Jkloc420]

Flying who's flag?

it was a north Korean ship, my fault

 

[bacha29]

they are accountable to the billion mouths they got to feed

Yea, we saw how accountable they are at Tiananmen Square.

 

[Jkloc420]

Yea, we saw how accountable they are at Tiananmen Square.

A single oil tanker could become a factor in both the China trade war and Iran tensions

this is what I was referring 2

 

[vantexan]

You're still not getting it. China is still a one party communist nation with a so called "president" who will be in office for as long as he wants to be in office. In China there is no such thing as political dissent. The media is still state controlled and they sure as hell are not going to worry about pig fever. And as long as there is no such thing as political dissent they will be no pressure to make a deal on Trump's terms. They'll just sit there across the table and smile and whatever agreement if any is reached it will likely be more symbolism that substance and it's terms will not likely be much different that TPP.
Chances are it will be something like the much hyped USMCA. Not whole lot different than the treaty it replaced.
For example the US share of the Canadian milk market will grow from 3.25% to 3.59% . Big deal. All it will mean is that a few additional tanker loads of milk will go over the border.

Yeah, you might see a deal reached but the devil is in the details and the only thing actually harvested is more political timber.
BTW. Trump's embargo of Iran oil which promises sanctions against those nation's that don't comply? Day before yesterday an Chinese oil tanker (state owned) pulls up to an Iranian oil depot and loaded up ....See just how seriously the take Trump?

They aren't worried about African Swine Fever? Pork is a staple of their diet and they have to feed well over a billion people. Sometimes to shape your narrative you really are myopic.

 

[Box Ox]

They aren't worried about African Swine Fever? Pork is a staple of their diet and they have to feed well over a billion people.

I think he meant that as a propaganda arm of the state, Chinese media won't be covering it.

 

[Babagounj]

Reports are coming in that Obama's Administration Officials are still meeting with foreign countries' contacts telling them to sit tight and wait out Trump's departure. Then business will return to normal.

Don't we have laws against this type of behavior ?

Gitmo should have a special section for US Traitors.