Trump's trade war with China

Discussion in 'Markets & Economies' started by willrocks, Aug 23, 2019.

  1. willrocks

    willrocks Well-Known Member Silver Stacker

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    Summary:
    • It's all fake news about impending recession
    • USA doing "phenomenally well" economically
    • China has been ripping off USA for decades
    • USA is winning against China. China losing millions of jobs. China wants to make a deal
    • Trump denies it's his trade war
    • China taking billions of $$ out of USA
    • USA is the world's piggy bank
    • USA is being taken advantage of by Europe
    • Obama and Clinton failed to act
    • Trump declares himself "the chosen one"
     
  2. alor

    alor Well-Known Member Silver Stacker

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    Trump wants NO Deal .
    he said the same thing with having good relation with Russia, yet he expelled Russian diplomats and close consulate
    he let the INF expired and bring us closer to arms stalemate, mid range missiles in Asia
    he was rejected for trying to sell gas to Europe for 30% more expensive than Russian gas
    when we were young we all broken the piggy banks before, what make him to even think that the piggy bank would not get the hammer this time :D
     
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  3. raven

    raven Well-Known Member Silver Stacker

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    Go Trump !
    :)
     
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  4. willrocks

    willrocks Well-Known Member Silver Stacker

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  5. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Trump is the anti-christ.
     
  6. JulieW

    JulieW Well-Known Member Silver Stacker

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    Another one?
     
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  7. leo25

    leo25 Well-Known Member Silver Stacker

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    Better off having a trade war then a real war. China’s trade war with the world has been going on for way too long and was always going to lead to this outcome. Cause and effect.
     
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  8. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    It's time that a US president had the guts to work at stemming the flow of wealth, technology, innovation and power that has been flooding out of the USA straight into China. His job is to look after America, not to be China's little chew toy like Obama or China's little minion like Clinton. (And Rudd and Shorten).

    Anything that Trump does to reduce China's ability to spend money on it's military is a blessing for Australia, hopefully extending the amount time before China is powerful enough to forcefully annexe the "giant land mass full of resources with hardly any inhabitants" to it's South that it already regards as a future Chinese empire's possession along with it's Arctic fishing grounds, New Zealand and Antarctica.
     
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  9. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    The socialist Trades Union movement carefully and systematically made sure that Australia has exactly zero fuel refining capability and therefore China can cripple us in 3 weeks without ever firing a shot by preventing the fuel tankers from Singapore bringing fuel here. Kevin Rudd followed Beijing's orders and made sure that we have no new submarines being manufactured, only the pretence of them being made. The Labor party guts and derides the Australian military whenever it can and it's minions in the universities make sure that China has intense power and propaganda capabilities in all Australian universities. The Australian Left are bought and paid for by Beijing and a few Liberal politicians are no doubt also on their payroll.
     
  10. raven

    raven Well-Known Member Silver Stacker

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    Also , don't be so sure about not having any fuel resources.
    Tindal is a large, large base, and the rail link is there for one reason.
    Our capability of ramping up a refining facility, is only weeks away !

    If the chinese need a lesson in getting their heads punched in, then so be it.
    When it gets tough, we get tough in this country, so untill then, we'll be loungin' around by the pool !
    :)
     
  11. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Well he's not wrong. China seems to have decided to ride this out until the next US election, hoping Dems will win. It's a great time to reflect on whether you'd want to live in a communist dictatorship or not. It's not about cuddly pandas, rest assured (ask the Tibetans).
     
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  12. alor

    alor Well-Known Member Silver Stacker

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    “We don’t need China and, frankly, would be far better off without them,” the president tweeted, adding that American firms should start “looking for an alternative to China.”

    yeah right, why don't you pay off the debt in GOLD right now? Trumpets
     
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  13. openeyes

    openeyes Active Member Silver Stacker

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    I liked this comment

    Mr Trump warned that the American public might need to endure economic pain in order to achieve long-term results.

    I wonder how those being affected will feel. Time will tell.
     
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  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    It’s like telling your wife she is only allowed to buy 1 dress a month and go to the nail or spa salon only once a quarter. It’s hard to kick an addiction.

    But once you kick the addiction, you’ll never look back. :D
     
    Last edited: Aug 24, 2019
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  15. mrsilverservice

    mrsilverservice Well-Known Member

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    I am looking forward to the ASX opening on Monday and the US market opening later that night :D to see what impact these new tariffs might have,anything is possible the way things are shaping up world wide with the pressure continuing to build :confused:

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    The Book of Psalms Chapter 102 verse 25

    Of old You laid the foundation of the earth,and the heavens are the work of Your hands :)
     
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  16. willrocks

    willrocks Well-Known Member Silver Stacker

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    Let's hope it doesn't eventually lead to a real war. If China paired up with Russia, together they could probably beat the USA.

    Too little too late IMO.

    Good luck bringing manufacturing jobs back to the USA. Wages are too high, taxes are too high, and there's too much red tape.
     
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  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Why should Russia pair up with China? China is the modern day equivalent of 1930 Japan. Will the Soviet Union pair up with imperial Japan against the USA?

     
  18. willrocks

    willrocks Well-Known Member Silver Stacker

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    I've never said they "should" pair up. I said "if".

    I also think your assessment of modern China has grossly underestimated their capabilities.

    Here's some reasons they "might":
     
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  19. herkyderky

    herkyderky Member

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    the enemy of my enemy is my friend ;)
     
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  20. willrocks

    willrocks Well-Known Member Silver Stacker

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