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  • #31
    Originally posted by Nikki View Post

    Backpedaling as usual.

    China bluffed, Trump called their bluff, China folded.

    Simple as that.
    And just where did I 'backpeddle'?
    We are not now that strength which in old days
    Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
    Made weak by time and fate but strong in will
    To strive to seek to find and not to yield.

    Comment


    • #32
      Originally posted by OJsDad View Post

      The only one's I see sucking up to Putin is the EU, specifically the Germans and Merkel.
      The EU has forced Russia to compete on price and reliability of delivery of imported energy, and that alone. By diversifying possible supply alternatives. (So no longer a viable Russian "energy weapon" where it could make the eastern European part of the EU go cold at will.) While stopping Gazprom attempts to buy the energy infrastructure of entire countries in the EU.

      It's then up to individual member states to decide if they want to buy the Russian energy on offer. Germany does – but then the Russians have always been downright deferential to the Germans where energy exports are concerned – best price, quality and never a hick-up about prompt delivery. (While small eastern European states would be rewarded with cheap gas or punished with cut-offs or price hikes.) The Russians are dependent on Germany as the primary buyer of their gas, and they know it. The worrying bit about it really is that it tends to give many Germans and strangely rosy and forgiving view of Russia as all nice and cuddly – because towards Germany it is.

      The things is, we all need to force China to behave similar to how Russia was forced to behave.

      How's that going?

      Comment


      • #33
        Originally posted by Johan Banér View Post
        ... brevity edit ...

        The things is, we all need to force China to behave similar to how Russia was forced to behave.

        How's that going?
        Sort of what Trump is up to. Trade for decades has been to China's benefit more than the USA, especially when comes to tariffs and the import/export balance and barriers. Trump is leveraging to equalize the tariffs and open China to more of our exports, balanced against their imports to us.

        A dicey process considering China has in past "bought" much of our debt and holds a significant amount. The economies of USA and PRC are almost as linked as siamese twins.

        Comment


        • #34
          Originally posted by G David Bock View Post
          So you don't approve of Trump being a toady of Putin/Russia but are okay with him being a toady and in service to the People's Republic and Worker's Paradise of China ???



          Stocks do tend to flux, it's likely these will go back up in short order.
          And sometimes they are just all fluxed up.
          We are not now that strength which in old days
          Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
          Made weak by time and fate but strong in will
          To strive to seek to find and not to yield.

          Comment


          • #35
            And after a one-day break in the action:

            https://www.cnn.com/2019/08/07/inves...day/index.html

            'The Dow and the broader US stock market are tumbling once again Wednesday as Wall Street investors fear the US-China trade war will inflict broad damage on the global economy...'
            We are not now that strength which in old days
            Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
            Made weak by time and fate but strong in will
            To strive to seek to find and not to yield.

            Comment


            • #36
              Originally posted by Massena View Post
              And after a one-day break in the action:

              https://www.cnn.com/2019/08/07/inves...day/index.html
              'The Dow and the broader US stock market are tumbling once again Wednesday as Wall Street investors fear the US-China trade war will inflict broad damage on the global economy...'
              When various stocks take a decline in value/price, such as this "tumble", and start to be sold off, there tends to be buyers willing to take advantage of the bargain and gamble that they will rise again later. History of last few decades shows that while there are drops and rises, the overall trend has averaged out, over time, as an increase.

              Most competent financial advisors will say that if investing in stocks, do so with a long range goal/perspective-plan, not a short range one, due to the flux factor.

              Many of us are indirectly invested in the Stock Market via our IRAs and 401Ks, or more correctly the firms managing these accounts have stocks as part of their investment spectrum.

              I'm not seeing signs of anything other than a "chicken little" perspective from the MSM on this.

              Comment


              • #37
                Originally posted by Massena View Post
                And after a one-day break in the action:

                https://www.cnn.com/2019/08/07/inves...day/index.html

                'The Dow and the broader US stock market are tumbling once again Wednesday as Wall Street investors fear the US-China trade war will inflict broad damage on the global economy...'
                ...see my post #24...
                ARRRR! International Talk Like A Pirate Day - September 19th
                IN MARE IN COELO

                Comment


                • #38
                  Trying hard to be the Man, that my Dog believes I am!

                  Comment


                  • #39
                    Five countries are benefitting from the US-China trade war:

                    https://www.msn.com/en-us/money/mark...cid=spartandhp

                    'The US-China trade war continues to accelerate. America has put 25% tariffs on $250 billion worth of Chinese imports, and is slated to
                    add an additional 10% tariff
                    on the remaining $300 billion. China currently collects tariffs between 5% and 50% on about
                    $113 billion of US imports
                    .'

                    'Some worry about the long-term negative effects the trade war could have on the global economy, but in the short term, the bi-lateral tariff fight has brought benefits to many other countries.'

                    'Quartz analyzed the trade flows of product categories affected by the Chinese and US tariffs. The data show that the winner of the US-China trade war so far is neither the US or China. It’s third-party countries like Australia, Brazil, Mexico and Canada who have stepped in to the void and found new buyers in the US and China.'

                    Tariffs and trade wars are counterproductive.
                    We are not now that strength which in old days
                    Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
                    Made weak by time and fate but strong in will
                    To strive to seek to find and not to yield.

                    Comment


                    • #40
                      The Wall Street roller coaster:

                      https://www.msn.com/en-us/money/mark...cid=spartandhp

                      'Stocks plunged Wednesday, giving back Tuesday’s solid gains, after the U.S. bond market flashed a troubling signal about the U.S. economy.'
                      We are not now that strength which in old days
                      Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
                      Made weak by time and fate but strong in will
                      To strive to seek to find and not to yield.

                      Comment


                      • #41
                        The stock market fell 800 points today:

                        https://www.cnn.com/2019/08/14/inves...day/index.html
                        We are not now that strength which in old days
                        Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
                        Made weak by time and fate but strong in will
                        To strive to seek to find and not to yield.

                        Comment

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