General > General Technical Chat
I have the feeling that the whole trade war starts from a pile of nonsense.
<< < (12/145) > >>
Psi:

--- Quote from: soldar on May 22, 2019, 08:43:34 pm ---Trade wars are stupidly stupid and nobody is going to win anything in the short run but my prediction is that in the long run China will come out ahead of the USA.

--- End quote ---

In the long run i think the effect will hurt the US.
Their economy isn't in the most stable position. (Printing more money to stay afloat, etc)
EEVblog:

--- Quote from: rstofer on May 23, 2019, 06:43:26 pm ---
--- Quote from: MT on May 23, 2019, 06:03:58 pm ---Trump didnt come to power by the people but by the Electoral College, US citizens barely makes a recommendation
on whom to become president,the deplorabels are already throw under the bus without knowing it.

--- End quote ---

The genius of the Electoral College is almost always underestimated.

--- End quote ---

Stick to the trade war please
rstofer:

--- Quote from: soldar on May 23, 2019, 09:16:14 pm ---
--- Quote from: maginnovision on May 23, 2019, 09:06:38 pm --- Farmers have always been subsidized here.
--- End quote ---

And now $16 billion more to offset trade war losses.

--- End quote ---

Which is paid for out of the $50B tariff.  Who cares?  From China's point of view, importing farm goods isn't all that important. The part that's outrageous is that we only sell China about $23B worth of produce.  How can farmers possibly lose $16B on $23B worth of business with only a 25% tariff.

With Brazil and Argentina picking up the slack in soybeans, American farmers better change crops.  They will never again be selling soybeans to China regardless of the trade situation.  Now if we could just get China to block almonds.  That would really help California!

https://www.foxbusiness.com/markets/trump-second-round-farmer-aid-us-china-trade
magic:

--- Quote from: blueskull on May 23, 2019, 07:22:29 pm ---Americans should not feel privileged.
--- End quote ---
I think their egos may be inflated by all those trying to get into America, go figure ;)


--- Quote from: blueskull on May 23, 2019, 07:22:29 pm ---If you can't compete competition from worldwide, you should be phased out.
--- End quote ---
I wonder if you will say the same if China is flooded by immigrants from, say, Africa?
Truth is, as long as there are poor countries, there will always be desperate people willing to do whatever you do, but for less. You cannot win competition on price if you want to have a higher standard of life than whatever happens to be the worst hellhole on Earth in given year.
Free trade and free migration are pipe dreams of some weirdest Western idealists, I think it's clear that none of it is going to last.
bsfeechannel:

--- Quote from: scuzzyTerminator on May 23, 2019, 12:12:04 am ---The primary reason for US trade deficits is that the US export most in demand is US currency. When we buy goods from you, you are buying our dollars - the world's most valued reserve currency and accepted for goods around the world. Why would you waste them on US goods?

--- End quote ---

Lemme get this straight. In exchange for their goods sent to the US, China gets an I.O.U. (a.k.a. dollars).

So China is basically in the hands of the US.
Navigation
Message Index
Next page
Previous page
There was an error while thanking
Thanking...

Go to full version
Powered by SMFPacks Advanced Attachments Uploader Mod