China has already lost the trade war

Discussion in 'Asia' started by SEAL Team V, Sep 27, 2019.

  1. Polydectes

    Polydectes Well-Known Member

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  2. LangleyMan

    LangleyMan Well-Known Member

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    We have a serious problem...

    [​IMG]
     
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  3. ronv

    ronv Well-Known Member

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    The profit went to a company in Arkansas.
    But after the tariffs they are probably out of business.
     
  4. Polydectes

    Polydectes Well-Known Member

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    They sold out to China anyway who cares.
     
  5. ronv

    ronv Well-Known Member

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    The guy with a wife and 6 kids in Arkansas.
     
  6. Giftedone

    Giftedone Well-Known Member Past Donor

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    You are being obtuse.
     
  7. Polydectes

    Polydectes Well-Known Member

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    Sould have not bet against the country
     
  8. Polydectes

    Polydectes Well-Known Member

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    No I'm not.
     
  9. LangleyMan

    LangleyMan Well-Known Member

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    China was excluded from the TPP because they wouldn't go along with the tougher rules.
     
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  10. s002wjh

    s002wjh Well-Known Member

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    really, the guy and his family just try to make a living. if there is market/low cost good here, i'm sure he prefer source it here. its same as many amazon/ebay seller, they buy stuff from aliexpress and sell on amazon. you can't blame them for try to making a living. I don't see trump doing crap on helping these ppl, so they have to think out of box to put food on the table. if that means buying stuff from china and sell it here in order to put food on the table, then so be it.
     
  11. LangleyMan

    LangleyMan Well-Known Member

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    Total Chinese exports to this country are less than 4% of their GDP, not enough to force them to their knees as Trump implies he's doing.
     
  12. LangleyMan

    LangleyMan Well-Known Member

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    A trade dispute is comparable to WW2? :roflol:
     
  13. LangleyMan

    LangleyMan Well-Known Member

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    Last edited: Oct 18, 2019
  14. Wrathful_Buddha

    Wrathful_Buddha Well-Known Member

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    NPC means "non player character." It's a meme that references npc's in video games that don't think for themselves and follow scripted speech/actions, and juxtaposes them with people that have Trump Derangement Syndrom.
     
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  15. LangleyMan

    LangleyMan Well-Known Member

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    You have no idea what @Giftedone is saying, so you respond with irrelevant nonsense.
     
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  16. Lil Mike

    Lil Mike Well-Known Member

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    So your argument is..?
     
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  17. Fred C Dobbs

    Fred C Dobbs Well-Known Member Past Donor

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    Whenever 'big corporations', like Volvo, GE, Intel, move to Central America, and all Third World countries, there are people lined up around the block to work for them. Working for local companies is often very difficult and they are the true 'sweatshops'. Big corporations can do bad things, yes, but so can anyone but, overall we'd all prefer to work for Volvo rather than Jose and Wings Textile Factory..
     
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  18. LangleyMan

    LangleyMan Well-Known Member

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    Starting a trade war with China without allies.
    Interfering with the Mueller investigation.
    His healthcare plan.
    Feuding with the media.
    Antagonizing defense partners.
    Playing footsie with dictators.
    Running up the deficit by cutting personal income taxes.
    Lying all the time.

    That's just for starters.
     
  19. LangleyMan

    LangleyMan Well-Known Member

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    We should go back to a policy of working with allies to put pressure on China.
     
  20. scarlet witch

    scarlet witch Well-Known Member Past Donor

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    The Chinese GDP is a farce... we've been through this before, local governments have two sets of books, GDP figures are inflated. Therefore it has to be higher than 4% just on this principle.

    Their economy is also based on a property boom.... the expropriating of property from villagers, the issuing of bonds to build "ghost cities" by local governments then selling these.. of course if they sold them all they wouldn't be called ghost cities. Also Belt and Road, they insist on Chinese materials and labour to boost their GDP, cannibalising other countries.
     
    Last edited: Oct 18, 2019
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  21. Lil Mike

    Lil Mike Well-Known Member

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    Go back? You think that's what TPP was?
     
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  22. LangleyMan

    LangleyMan Well-Known Member

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    Yes, and Trump's latest China "deal" is us backing off adding more tariffs. He got a Chinese promise to buy agricultural products they were buying before. BFD.
     
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  23. LangleyMan

    LangleyMan Well-Known Member

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    Higher? Why not "lower?"

    The point remains that total Chinese exports to this country are a tiny fraction of their GDP, such a small amount that we have very little leverage.
    This country has a property boom of its own. Houses don't make anything...
     
    Last edited: Oct 18, 2019
  24. USVet

    USVet Well-Known Member

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    Trump is busy trying to surrender right now in the hopes he can get any crap deal, which won’t solve any of the original justifications or objections to the trade war, just so he can lie and gaslight his followers by claiming “it is the best deal ever”.
     
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  25. Observing

    Observing Well-Known Member

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    A tiny fraction? you consider 5% a tiny fraction. do you understand that 5%-6% is huge. Do you know haw many workers it takes to produce 400 billion of goods. (the delta between imports and exports) You are talking millions of workers, specially when they are getting paid 2,500 a year. Even with US wages that is millions of workers. Do you know that the 2007 and 2008 recession employment was caused by a 3% drop in GDP over two years.
     
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