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14-05-2019, 08:52 PM
#5491
Typical US....bullying other nations
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14-05-2019, 10:03 PM
#5492
The irony in modern times is that companies just pass these tariffs along to their consumers which just makes the average American worse off.
Still think the valuations in the US markets are very high, would have to come down substantially for me to get into the S&P500 which I would like to hop on at some point.. I'm happy for this trade war to run its course and bargains to present itself. Expect volatility to return in a big way for the rest of 2019.
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14-05-2019, 10:09 PM
#5493
80% of all fake products including patent infringing ones come from China(turkey is the next biggest with 3%) source CNBC. This is one big sticking point in the trade negotiations that won't be resolved quickly.
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14-05-2019, 10:11 PM
#5494
Originally Posted by King1212
Typical US....bullying other nations
China makes 80% of the world counterfeit goods exported around the world(In second place Turkey with 3%) undermining patents companies and consumers **** China IMHO
Or that worthless cheap nasty consumer goods Chinese crap that breaks after its second use. then goes into filling our landfills
Last edited by JBmurc; 14-05-2019 at 10:12 PM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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14-05-2019, 10:12 PM
#5495
LOL great minds think alike JT >>>>
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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14-05-2019, 10:55 PM
#5496
but if you make say 80% of the worlds stuff then you;'re going to make 80% of the counterfeit stuff too without it becoming an anti-Sino justification ?
(Just sayin)
For clarity, nothing I say is advice....
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14-05-2019, 11:44 PM
#5497
Originally Posted by peat
but if you make say 80% of the worlds stuff then you;'re going to make 80% of the counterfeit stuff too without it becoming an anti-Sino justification ?
(Just sayin)
So your all for Chinese companies stealing I.P(breaking patent laws) copying your product and then selling it with no issues through there state-controlled Alibaba express back to your prospective buyers ??
Also you like synthetic drugs being pumped into our communities ...
https://www.nytimes.com/times-inside...cret-in-china/
Personal I'm not a fan Of the CCP- greatest threat to freedom of the world and free market democracy IMHO
https://www.nytimes.com/2019/05/13/n...ase-china.html
Mao Zedong, the founder of the People's Republic of China, qualifies as the greatest mass murderer in world history
https://www.independent.co.uk/arts-e...s-2081630.html
Really I could fill pages of the issues I have with the CCP ... yes, the Chinese were treated poorly by the English Empire in the past ...but If the CCP wants to be part of the WTO why don't they have to toe the line?
Last edited by JBmurc; 15-05-2019 at 09:23 AM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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15-05-2019, 12:33 AM
#5498
U must be one of trump friends
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15-05-2019, 07:53 AM
#5499
Chinas retaliation doesn't seem so bad to me. No attacks on products used as parts for business, mainly just consumer stuff. Consumers can suck it up or just not buy those products as much.
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15-05-2019, 09:03 AM
#5500
Originally Posted by JBmurc
So your all for Chinese companies stealing I.P(breaking patent laws) copying your product and then selling it with no issues through there state-controlled Alibaba express back to your prospective buyers ??
Also you like synthetic drugs being pumped into our communities ...
https://www.nytimes.com/times-inside...cret-in-china/
Personal I'm not a fan Of the CCP- greatest threat to freedom of the world and free market democracy IMHO
https://www.nytimes.com/2019/05/13/n...ase-china.html
Mao Zedong, the founder of the People's Republic of China, qualifies as the greatest mass murderer in world history
https://www.independent.co.uk/arts-e...s-2081630.html
Really I could fill pages of the issues I have with the CCP ... yes, the Chinese were treated poorly by the English Empire in the past ...but If the CCP wants to be part of the WTO why don't they have to toe the lie?
No question - China is in this contest clearly not coming out smelling like roses. They did have murderous phases in their past, they do have a government without democratic legitimation and little respect for any human rights.
Some of the issues Trump is highlighting (like IP theft and unfair conditions for foreign companies operating in China) are justified and worthwhile to fight against, some other of his issues (like unbalanced bilateral trade balance) are just demonstrating his limited understanding (or better the lack thereof) of the economic system.
Problem is that Trump is in no way better than Xi, he only operates in a system which restricts his powers a bit more. Problem is that he is a repulsive bully who takes on everybody - friend and allies - at the same time to demonstrate his strength, instead of forming a big coalition of allies helping to move China from its dark ways to the "bright side". Trump is basically p*ssing against everybodys legs and likely to ensure this way that China's power will increase rather than diminish.
Nobody likes a bully.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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