Just as I said. China is going to win the trade war

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How long will the US last?[/QUOTE]
GRULSTMRNN said:
How long will the balloon in the US last on the other hand? Skyhigh government debt, a crippling infrastructure, total dependence of US tech companies on foreigners (cannot produce enough talent on its own), a consumer deeply in debt, companies that have just reported the best earnings possible, a central bank that can't raise rates because it would bankrupt most corporations that have loaded up on debt to their limits, they can't cut rates because they are close to zero. Washington DC that is deeply divided. A society that is deeply divided as well and where there is no healing in sight. US corporations by large majority output mediocre products and services, there are pockets of top quality and innovation but generally, quality standards lie far below the ones of countries like Switzerland, Germany, Sweden, Holland, Japan,...

How long will the US last?
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The US educational system below the college level is terrible. At the college level it is becoming mediocre. There is a violent underclass who never work in legitimate jobs. The middle class is being soaked by spendthrift politicians. Politicians are babbling about redistributing wealth instead of growing wealth. The local police are acting like they are members of the Swat team etc. etc.

One day when the piper has to be paid Americans will remember current times as the best of times.
 
S2007S said:
This just proves that China just won the trade war. I have said this over amd over. China will win this trade war and that's exactly what is happening.

All talk and no action is what the president made this trade war to be. Trump knows China is too powerful to mess with that's why he is giving them what they want. NO TARIFFS. its exactly what I said. I knew he from day 1 that these tariffs wouldn't last and here we are today with tariffs being dropped. Weak weak weak. Weak weak.

China has won this trade war!!!!!!!







Dow futures jump 100 points after China says it has agreed with the US to remove existing tariffs
PUBLISHED 3 HOURS AGOUPDATED AN HOUR AGO

Sam Meredith@SMEREDITH19




KEY POINTS
  • At around 04:00 a.m. ET, Dow futures rose 135 points, indicating a positive open of more than 119 points.
  • Futures on the S&P and Nasdaq were both higher.
  • On the data front, the latest weekly jobless claims will be released at around 8:30 a.m., with consumer credit figures for September due to be published later in the session.




https://www.cnbc.com/2019/11/07/sto...-in-focus-amid-us-china-trade-deal-hopes.html
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lol..

farm product purchase? IP protection? financial sector opening up? currency management? US won BIG in phase 1 with more to follow.

not 'no tariff'... it's 'canceling in stages', basically we are back to the version 4 months ago that China walked out on, and now they are back to sign it due to the tremendous pressure.

and how do you lose a trade war when it was initiated by Trump 1.5 years ago with NONE of the above benefits?

please use some independent thinking, instead of just using the leftist media to feed your confirmation bias. it's called 'Art of the Deal'...

go thru the chronicles - Trump started with zero benefits to the US, tariff on - 1.5 years later we have the above benefits, with tariff 'to be canceled in stages', which means more talk and more benefit to come.

independent thinking - the most important EDGE for trading.
 
GRULSTMRNN said:
How long will the balloon in the US last on the other hand? Skyhigh government debt, a crippling infrastructure, total dependence of US tech companies on foreigners (cannot produce enough talent on its own), a consumer deeply in debt, companies that have just reported the best earnings possible, a central bank that can't raise rates because it would bankrupt most corporations that have loaded up on debt to their limits, they can't cut rates because they are close to zero. Washington DC that is deeply divided. A society that is deeply divided as well and where there is no healing in sight. US corporations by large majority output mediocre products and services, there are pockets of top quality and innovation but generally, quality standards lie far below the ones of countries like Switzerland, Germany, Sweden, Holland, Japan,...

How long will the US last?
More...

goodness... where do you live lol... I hope it's not in the US or it really a grim picture you are painting.

sky high debt - pls study the monetary system.... debt = money supply.

dependency on foreigners - that's a bad thing? we are attracting the brightest people to become US citizens.. a tremendous talent pull world wide.

infrastructure - yes its pretty bad - give Trump some time... 3 years he has been working non stop, will get to it.

society deeply divided - perhaps, but it might just feel this way - deep division periods did happen in the past... also how do you drain the DC swamp without disrupting it..

mediocre products - this is nonsense.. a certain country's economy is more or less competitive in different industries... https://www.cnbc.com/2019/10/08/sin...become-most-competitive-country-wef-says.html
 
zdreg said:
The US educational system below the college level is terrible. At the college level it is becoming mediocre. There is a violent underclass who never work in legitimate jobs. The middle class is being soaked by spendthrift politicians. Politicians are babbling about redistributing wealth instead of growing wealth. The local police are acting like they are members of the Swat team etc. etc.

One day when the piper has to be paid Americans will remember current times as the best of times.
More...

The US does not need to service the lowest bar of citizens. They have no power and no lobby. The important thing is to keep them just not poor enough. They should be able to afford Netflix, alcohol, iPhones and be just exhausted enough to make it home, but not too exhausted that they can't take the bus.

For the US to remain competitive in various arenas, all that is really necessary is to continue to bring the best of the world into the US. H1B visas are not what I mean, I mean real citizenship. This is the way Canada has chosen to go, sock boy's obsession with Muslim refugees notwithstanding. I have many Canadian friends who obtained citizenship through a fairly smooth employment-related process.

Obviously, I don't agree with treating poor people in this way, but that is how it works. It seems every society needs an underclass to survive and the US has got that machine down pat.
 
nooby_mcnoob said:
The US does not need to service the lowest bar of citizens. They have no power and no lobby. The important thing is to keep them just not poor enough. They should be able to afford Netflix, alcohol, iPhones and be just exhausted enough to make it home, but not too exhausted that they can't take the bus.

For the US to remain competitive in various arenas, all that is really necessary is to continue to bring the best of the world into the US. H1B visas are not what I mean, I mean real citizenship. This is the way Canada has chosen to go, sock boy's obsession with Muslim refugees notwithstanding. I have many Canadian friends who obtained citizenship through a fairly smooth employment-related process.

Obviously, I don't agree with treating poor people in this way, but that is how it works. It seems every society needs an underclass to survive and the US has got that machine down pat.
More...
In any social structure somebody has to do the dirty work, IOW somebody has to be the slave.
 
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