China’s playbook: how xi plans to fight trump’s trade war

[JohnDB]

 

[CrusaderFrank]

Brilliant analysis of China situation by Chamath!

 

[Mac-7]

Every American who has a 401(k) were the ones hit with a haymaker, dipshit.

Trump's desiccated brain is stuck in the 80s. He has no idea what he is doing.

The stock market will recover long before trump leaves office

Some people will lose money as some people always do when the market goes down

Because they sell to smart investors like Warren Buffet when they should hold onto their stock

 

[beagle9]

Xi assumed trump would enter into negotiations that china can drag out for years and simply run out the clock

But trump didnt do that

He hit china with a haymaker they were not expecting

Expect the trade war with china to escalate

The concern in it all should be the side effect of it escalating into war. Germany prior to world War two was hit with many devastating situations that set the stage for war.

The Great Depression:
The global economic crisis of the 1930s hit Germany particularly hard, leading to widespread unemployment and a decline in industrial production.
Hyperinflation:
After World War I, Germany experienced a severe period of hyperinflation, which devalued the German Mark and devastated the middle class.
Reparations:
The Treaty of Versailles imposed heavy reparations payments on Germany, which further strained its economy and led to financial difficulties.
Weimar Republic's Struggles:
The Weimar Republic, established after World War I, faced numerous challenges, including political instability and economic crises, which created an environment conducive to the rise of extremist political ideologies like Nazism.
Nazi Policies:
The Nazi regime, upon taking power, implemented policies that prioritized military spending and autarky (economic self-sufficiency), further disrupting the economy.

We mustn't ignore history, especially when going about trying to correct any dire present situation or history will have a nasty way of repeating itself.

 

[beagle9]

Why ain't Facebooks leadership being grilled on capital hill for stuff like this ??? If found that any American has been working with foreign power's to undermine or to supplant the authority of the United State's of America, then it can only mean one thing, and that is that they should be indicted and then charged with such a thing appropriately.

 

[Cellblock2429]

CrusaderFrank

The stock market will recover long before trump leaves office

Some people will lose money as some people always do when the market goes down

Because they sell to smart investors like Warren Buffet when they should hold onto their stock

/----/ I hold on to my stocks and ETFs when they sell off and write covered calls for revenue. Sometimes, I use the weekly premium to buy more shares that reduce my cost basis. I only sell if the company looks like it's tanking for good.

 

[beagle9]

Are they actually stealing it or has it been delivered to them by American businessman who needed China to mass produce almost everything for American consumer's back here for the cheapest prices in world commerce history ?????????????????

 

[JohnDB]

Are they actually stealing it or has it been delivered to them by American businessman who needed China to mass produce almost everything for American consumer's back here for the cheapest prices in world commerce history ?????????????????

 

[Mac-7]

The concern in it all should be the side effect of it escalating into war. Germany prior to world War two was hit with many devastating situations that set the stage for war.

The Great Depression:
The global economic crisis of the 1930s hit Germany particularly hard, leading to widespread unemployment and a decline in industrial production.
Hyperinflation:
After World War I, Germany experienced a severe period of hyperinflation, which devalued the German Mark and devastated the middle class.
Reparations:
The Treaty of Versailles imposed heavy reparations payments on Germany, which further strained its economy and led to financial difficulties.
Weimar Republic's Struggles:
The Weimar Republic, established after World War I, faced numerous challenges, including political instability and economic crises, which created an environment conducive to the rise of extremist political ideologies like Nazism.
Nazi Policies:
The Nazi regime, upon taking power, implemented policies that prioritized military spending and autarky (economic self-sufficiency), further disrupting the economy.

We mustn't ignore history, especially when going about trying to correct any dire present situation or history will have a nasty way of repeating itself.

Are you advocating that we pander to the communist dictatorship in china in an effort to avoid war?

 

[Cellblock2429]

Are you advocating that we pander to the communist dictatorship in china in an effort to avoid war?

/----/ Yes he is.

 

[JohnDB]

Are you advocating that we pander to the communist dictatorship in china in an effort to avoid war?

We have been in a trade war and intellectual property war for decades....only thing is that we have not been fighting....we have been ignoring it this whole time.

And it has slowly but surely gotten to the point of death by a thousand cuts. None of the wounds have been severe or serious....but collectively they are draining out our blood supply.

An armed fight with weapons? Only if PRC tries to take Taiwan. We, as do a LOT of nations, have literally Trillions of dollars invested in Taiwan and in their banks. They make the processor chips for the world with a superior workforce that is made to do just that.
If PRC takes Taiwan it literally is a bank heist except China is stealing from the whole world...because that's what China wants, leverage of the whole Chip production market. (Plus the cash in their banks...because PRC is cash strapped)

The USA is not going to fight this war alone....ALL of the EU will join in this. And that's part of the reason Trump has been bitching at them. They have basically relied upon the USA for troops and military equipment for THEIR security.

 

[JohnDB]

We need to shut down TicTok....ban it and those VPNs thinly disguised as a security measure but truthfully harvesting ALL YOUR DATA. (And you pay a monthly subscription fee for them to steal it from you)

 

[skews13]

In the end, the tariffs will give the Chinese people more buying power.
Probably better jobs, too.

U.S. inflation will likely rise this year, which will not only hurt American living standards but possibly cause the Federal Reserve to go slow on lowering interest rates, prolonging the misery.

That misery is hitting Main Street. Whereas Chinese President Xi Jinping doesn’t have to worry about midterm elections, congressional Republicans do. Mr. Trump’s approval rating is plunging alongside the stock market, and if he leads his party to defeat next year he’ll become a lame duck president. When the cameras and microphones are on, Republicans are standing by him; when they’re off, they’re getting antsy. There’s only so much of this they can take.

China, meanwhile, can absorb a fair bit of punishment. The country has extremely low inflation and a huge savings rate, amounting to nearly half of total output. If the government reorients a mere tenth of those savings to consumption, by raising wages or boosting spending, it could make up for all lost sales to America. And unlike the Fed, China’s central bank can increase liquidity in the banking system and thereby reduce interest rates without fretting that inflation will spin out of control.

Opinion: Does Donald Trump really think he can win a trade war against China? — The Globe and Mail

The Chinese economy may take a bigger hit, but Chinese leaders may have greater reserves of political and financial capital to outlast Donald Trump

apple.news

 

[JohnDB]

U.S. inflation will likely rise this year, which will not only hurt American living standards but possibly cause the Federal Reserve to go slow on lowering interest rates, prolonging the misery.

That misery is hitting Main Street. Whereas Chinese President Xi Jinping doesn’t have to worry about midterm elections, congressional Republicans do. Mr. Trump’s approval rating is plunging alongside the stock market, and if he leads his party to defeat next year he’ll become a lame duck president. When the cameras and microphones are on, Republicans are standing by him; when they’re off, they’re getting antsy. There’s only so much of this they can take.

China, meanwhile, can absorb a fair bit of punishment. The country has extremely low inflation and a huge savings rate, amounting to nearly half of total output. If the government reorients a mere tenth of those savings to consumption, by raising wages or boosting spending, it could make up for all lost sales to America. And unlike the Fed, China’s central bank can increase liquidity in the banking system and thereby reduce interest rates without fretting that inflation will spin out of control.

Opinion: Does Donald Trump really think he can win a trade war against China? — The Globe and Mail

The Chinese economy may take a bigger hit, but Chinese leaders may have greater reserves of political and financial capital to outlast Donald Trump

apple.news

Where you want to believe that....the Market will recover faster than you would believe.

Wall Street behaves like a bipolar freak....it reacts to a belief in the future which can be Armageddon doom and gloom or a non-stop party of irrational prosperity with money to burn. Nothing in between.

However....Scott Bissent is correct;

The top 1% owns 88% of the market. The top 40% remaining own the other 12% of the market. However 90% of Americans have debt based upon interest rates.

 

[beagle9]

OK, but are other American's (American competitors against American competitors), assisting the Chinese to knock off the American company's that they don't want messing up their gravy trains or business deals that they have had with China and elsewhere for so long now ???

This stuff goes back to the eighties when American foreign trade culture took a dramatic turn towards balancing the environment for these hippie environmentalist, otherwise to then push manufacturing into other countries hands under the guise of making the United State's green again. Meanwhile it is being done upon receiving all the dirty made stuff from other countries that could give a chit less about going green in their own environments.

Trump has been put into an economic cold war with other countries over trade and the renewing of prosperity for an American renovation or MAGA renewed outlook.

 

[JoeB131]

The stock market will recover long before trump leaves office

Some people will lose money as some people always do when the market goes down

Because they sell to smart investors like Warren Buffet when they should hold onto their stock

It's not supposed to recover, it's supposed to grow, dummy.

 

[Mac-7]

An armed fight with weapons? Only if PRC tries to take Taiwan.

I agree

Along with enslaving 25 million very talented and productive workers and capturing a key world commodity, china would rule the south china sea which carries one third of the worlds shipping

We simply cant allow that to happen

 

[Mac-7]

It's not supposed to recover, it's supposed to grow, dummy.

Screw you

It will grow as it always has over the past 200 years

If its war between the US and communist china which side are you on?

 

[Mac-7]

Where you want to believe that....the Market will recover faster than you would believe.

Wall Street behaves like a bipolar freak....it reacts to a belief in the future which can be Armageddon doom and gloom or a non-stop party of irrational prosperity with money to burn. Nothing in between.

However....Scott Bissent is correct;

The top 1% owns 88% of the market. The top 40% remaining own the other 12% of the market. However 90% of Americans have debt based upon interest rates.

A few smart people on Wall Street thrive on the stupidity and panic of everyone else

 

[JohnDB]

OK, but are other American's (American competitors against American competitors), assisting the Chinese to knock off the American company's that they don't want messing up their gravy trains or business deals that they have had with China and elsewhere for so long now ???

This stuff goes back to the eighties when American foreign trade culture took a dramatic turn towards balancing the environment for these hippie environmentalist, otherwise to then push manufacturing into other countries hands under the guise of making the United State's green again. Meanwhile it is being done upon receiving all the dirty made stuff from other countries that could give a chit less about going green in their own environments.

Trump has been put into an economic cold war with other countries over trade and the renewing of prosperity for an American renovation or MAGA renewed outlook.

No....this isn't various competing interests just blaming China for trademark infringements. Or green initiatives that we ship over to China.

This is times when PRC almost bankrupted companies like Western Digital and Micron because they got a hold of ONE chip making machine and flooded the market trying to bankrupt these American companies.
Or the time that Dupont was building a silicon refinery in Kentucky (for processor chips) but before it was even completed PRC began flooding the market with so much pure silicon for cheap that the whole project had to be abandoned. People lost jobs EVERY time.
Or how PRC pirated so much music that several labels went bankrupt.