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Thread: Black Monday

  1. #5506
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by JBmurc View Post
    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)

  2. #5507
    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

  3. #5508
    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

  4. #5509
    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 ;
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  5. #5510
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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

  6. #5511
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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%
    ”You can't cross the sea merely by standing and staring at the water.” -Rabindranath Tagore

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