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Thread: Black Monday

  1. #5506
    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
    People don't have ideas, ideas have people

  2. #5507
    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 09:28 AM.
    People don't have ideas, ideas have people

  3. #5508
    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. #5509
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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
    bull

  5. #5510
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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%
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  6. #5511
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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?
    bull

  7. #5512
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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. #5513
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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. #5514
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    Get ready for a sea of red today..... Time to go outside and enjoy the sunshine.

  10. #5515
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    Do you think that if trump doesn't get reelected, his replacement will cancel the trade war quickly?

  11. #5516
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    Quote Originally Posted by Lewylewylewy View Post
    Do you think that if trump doesn't get reelected, his replacement will cancel the trade war quickly?
    Hard to say - I guess there are some real issues which would need to be fixed. However - any successor could restart the relationship between the two countries with a clean slate. Trump clearly is burning bridges.

    Interesting article in the New York Times written by Kevin Rudd:

    https://www.nytimes.com/2019/05/29/o...trade-war.html

    But this is not just about whether Trump's successor will be a negotiator with integrity and cultural understanding. Trump is currently releasing a lot of nationalistic vibes in China. The question is whether any successor is able to bottle them up again. The damage Trump is creating every day might be irreversible - at least for a long time.

    Last time it took the Chinese a century to get over the crimes the Americans and Europeans committed in their country.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  12. #5517
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    Quote Originally Posted by greater fool View Post
    China has never forgotten, the Yanks keep reminding them.

    https://en.wikipedia.org/wiki/United...80%9349:_China

    "The U.S. government provided military, logistical and other aid to the Chinese Nationalist Party (KMT)
    army led by Chiang Kai-shek in its campaign against the Japanese, until the Japanese surrender to the
    United States in August of 1945. This surrender brought to an end the Japanese Puppet state of
    Manchukuo and the Japanese-dominated Wang Jingwei regime.
    After the Japanese surrender, the US continued to support the KMT. The US airlifted many KMT troops
    from central China to Manchuria. Approximately 50,000 U.S. troops were sent to guard strategic sites
    in Hupeh and Shandong. The U.S. trained and equipped KMT troops, and transported Korean troops and
    even enemy imperial Japanese troops back to help KMT forces to occupy Chinese zones and to contain
    Communist-controlled areas.[50] President Harry Truman explained that: "It was perfectly clear to us
    that if we told the Japanese to lay down their arms immediately and march to the seaboard, the entire
    country would be taken over by the Communists. We therefore had to take the unusual step of using the
    enemy as a garrison until we could airlift Chinese National troops to South China and send Marines to
    guard the seaports." Within less than two years after the Sino-Japanese War, the KMT had received
    $4.43 billion from the United States—most of which was military aid."

    And Trumpets actions over Taiwan are not helping them forget!
    Actually - I was referring to the opium wars when filthy European and American drug dealers supplied the "Chinese market" with drugs and the British and American governments forced the Chinese government to tolerate this criminal behaviour in their own country.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  13. #5518
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    U.S. to Impose 5% Tariff on All Goods From Mexico, Trump Says

    https://www.bloomberg.com/news/artic...ico-trump-says


    this isnt good - futures tanking
    bull

  14. #5519
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    Wish I could sue the US Government for pigheaded stupidity for this stuff....economic loss of value on investments.

  15. #5520
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    Quote Originally Posted by SylvesterCat View Post
    Wish I could sue the US Government for pigheaded stupidity for this stuff....economic loss of value on investments.
    The Trumpet and his insiders are probably shorting the crap out of the stock market through all this nonsense.

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