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Thread: Black Monday

  1. #5501
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by BlackPeter View Post
    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.
    Maybe, in this case, it takes a Bully to fight a dictator ... previous leaders of the free world seem to have pandered to the CCP wishes

    Even close to us - https://www.newsroom.co.nz/2017/05/1...-south-pacific
    "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

  2. #5502
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by King1212 View Post
    U must be one of trump friends
    Nope, though Bernie had some great ideas ... I think a Hybrid Bernie/Trump type leader would have been the best leader( ..certainly not the Clintons)

    I do like the stance trump is taking on China
    Last edited by JBmurc; 15-05-2019 at 08:28 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

  3. #5503
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by JBmurc View Post
    Maybe, in this case, it takes a Bully to fight a dictator ... previous leaders of the free world seem to have pandered to the CCP wishes

    Even close to us - https://www.newsroom.co.nz/2017/05/1...-south-pacific
    Well, it sounds you are not alone with this idea - even the New York Times is publishing something along these lines:

    https://www.nytimes.com/2019/04/16/b...ump-china.html

    But than - the New York Times is not always right, aren't they?

    Ironic though that the bully in question is openly admiring autocrats and dictators ... i.e. anything good he might do would be just by accident ;
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  4. #5504
    ShareTrader Legend bull....'s Avatar
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    Dow jumps 300 points, erases weekly losses, as banks and Walmart rise

    https://www.cnbc.com/2019/05/16/futu...ns-return.html

    Bouncing from oversold still , need another week of rises

    The White House on Wednesday initiated a two-pronged assault on China: barring companies deemed a national security threat from selling to the U.S., and threatening to blacklist Huawei Technologies Co. from buying essential components

    https://www.bloomberg.com/news/artic...d=premium-asia

    Guess they doing what china does in restricting companies into there market
    one step ahead of the herd

  5. #5505
    Speedy Az winner69's Avatar
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    Useless fact but who’ve thought pizza would outperform tech

    @charliebilello
    Two revolutionary companies went public in the summer of 2004. These are their returns...
    Google: +2,228%
    Domino's Pizza: +4,196%
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #5506
    ShareTrader Legend bull....'s Avatar
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    sell in may an go away worked this yr , or is it just a buying opp for later in the yr?
    one step ahead of the herd

  7. #5507
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    Trumpageddon is inevitable, we all have know that for a while. We're all just trying to make hay as long as we can.

    I expect that we will see a lot of buying opportunities over the course of the next year (or two, depending on how it plays out).

  8. #5508
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    Quote Originally Posted by Lewylewylewy View Post
    Trumpageddon is inevitable, we all have know that for a while. We're all just trying to make hay as long as we can.

    I expect that we will see a lot of buying opportunities over the course of the next year (or two, depending on how it plays out).
    If the Trumpet wants to get reelected next year he will have to stop blowing so hard before then. PS-The wall of worry is only a temporary handbrake
    ..

  9. #5509
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    Get ready for a sea of red today..... Time to go outside and enjoy the sunshine.

  10. #5510
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    Do you think that if trump doesn't get reelected, his replacement will cancel the trade war quickly?

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