China Trade Data hits Records that show Tariffs NOT working

Trumps China tariff's do not have desired effect.

http://www.politicalforum.com/index...t-have-desired-effect.549156/#post-1070103250

 

I know the name Lynette Zang probably means little to you. Please go watch some of her videos, and or listen to Gordon Long. It is Impossible to get rid of the debt without a Jubilee. Just wiping it away. That or maybe a gigantic Tax on the Rich. It is just way too bloated off of 2008.

 

Just this morning on NPR, they did a little piece of Apple's struggle(too costly and not enough innovation) over in China and attempted to tie it back to Trump, claiming he is hurting their economy which hurts Apple, since people will buy the knockoffs instead of $1000 phones. CHINA IS CONSTANTLY HURTING OUR ECONOMY. Why is it ok for them to do it, but bad if we do it? Screw NPR and their dishonest spin. For a few minutes I truly thought they would just wrap the story and blame Apple for not innovating and the simple fact China allows IP theft and knockoffs to be made, but they just had to just jab that knife to shift the narrative and make it about Trump.

 

It isnt just DEBT, we printed 3T plus more dollars diluting what was the base in 2008. Corporate Debt Bonds are getting downgraded and without much bigger earnings, corps. can't pay them.

Yet, it is so much more, loss of Libor rate in 2021. All the other Countries that have borrowed the Dollar and now can't pay back their debt, impossible for a place like Greece, Argentina, and others, they can only borrow more at another rate up from their last one. So now, Powell says he will hold rates, that will work for a year with no change and more kick the can.

At some point it all comes crashing down, in 2008 they made what is now known, was known then but all ignored it, a gigantic mistake. You can not borrow into infinity. First mistake was Nixon, 2nd was Reagan and cutting rich taxes, 3rd was Bush, Geithner, Berneke, Paulson, and Obama. Watch Panic on HBO, they all admit it, but their excuse is, what are we too do, let the country go into a depression.

If this is so in 2008, what is it now ? There is no way out of this and someone has to step up and bring it all crashing down... An FDR move.!!!

 

Every time M1 has dipped negative - as central bank liquidity injection either slowed or went into reverse - there has been a financial crisis:

.... whether the 2015 EM and Manufacturing Commodity Recession, the Sovereign Debt Crisis of 2011, the Global Financial Crisis and US Housing bubble burst of 2007/2008, the Tech Bubble burst of 2000 and so on.

 

I would have never taken you for one of those human rights snowflakes.

 

Probably because that is the way the RICH, Very RICH, and SUPER DUPER RICH, wanted it here since the late 70s when they made the shift to : Fuk the american worker ! We pay them too much, Unions tell us we have to treat people good, and they want benefits too. Fuk them, lets move our jewish ran corps overseas where everything is dirt cheap and we dont have to answer for our GREED ! We can borrow money from the Jewish LED fed, and the jewish ran commercial banks. And NO ! It isn't all Jewish, but right about 90% when they are less than 2% of our country.
It isnt a religious thing, it is a money thing, a brain thing... They are smart and want to keep ALL the money they earn. How they earn it and the lack of Humanity in that process is where I and others see a problem. They will call it antisemitic to put a label on it which combats the angle. Or, it you state Israel should not move into the gaza strip, right away, the same thing, you are antisemi... Not true, but gives them the upper hand in every argument, thus, they get squashed.

They rule just about every big business entity our there that controls our country. They are NOT just WHITE like me, they are Jewish White, Like I am Catholic white or someone is Baptist white. Difference is they have their own country now and use it to their protection of religion and rights. No one else can do it.
Can you imagine what it would be like if the FED were ran by 95% blacks, or Japaneses,... Japaneses have been here as long as the Jewish people, but they dont control the FED. It is pretty crazy that other white people fall for the (they are just white people like you and me angle) or (they are just people like you and me)... BS, they cover for each other, they promoter each other, and their religion protects them.

 

Anyway, it is who we are now, ran by the rich who control the media, and GOVT... No one cared 25 years ago when they were "OK" paying bills, getting ahead a little..

 

Speaking as a Jew, your angle doesn't quite resonate

 

Why? Human rights for those who obey laws is a mark of a civilized society. Logical compassion is a good thing. MINDLESS compassion is for snowflakes=)

 

I guess it was some of your posts like this one:

Apparently we are a Nazi nation according to the Left, correct? The "detention centers" in Miami here are more than acceptable. What do YOU expect, Marriotts? Hotels? The holding areas are pedestrian Army style barracks or wherever we can fit these people in. When massive amounts all show up in unison, its going to cause some problems with housing them all. Not that we should be housing them all. They shouldn't even be allowed entry at all without documentation.

 

So what's bad about that? They should be thankful, we're feeding and housing them. They're not citizens or in need of help. They don't belong on our border at all. They want a better life? Go overthrow your own govt and make it better, like we did.

I believe in govts taking care of their own citizens. Not kicking to the curb as someone else's problem. And what CHina does is quite different. They're more than capable of providing a lot more freedom to their people, but they still treat most like dirt.

 

China maintains a massive pipeline of cash to Democrat politicians, Leftwing Colleges and DC Think-Tanks. As a result, in every episode, they quickly and uniformly pump our the Pro-Red China propaganda. Only Trump Stands Against them and For The American People:

China Is a Dangerous Rival, and America Should Treat It Like One. “Enough with the endless talks and handshakes. We need to untie the American economy from China.”

After years of unsuccessful talks and handshake deals with Beijing, the United States should change course and begin cutting some of its economic ties with China. Such a separation would stop intellectual property theft, cut off an important source of support to the People’s Liberation Army and hold companies that are involved in Chinese human rights abuses accountable.

This will be no easy task. Some industries will have problems finding new suppliers or buyers, and there are entrenched constituencies that support doing business with China. They argue that any pullback could threaten economic growth. But even if American exports to China fell by half, it would be the equivalent of less than one-half of 1 percent of gross domestic product. The cost of reducing Chinese imports is harder to assess, but there are multiple countries that can substitute for China-based production, none of them strategic rivals and trade predators.

The United States economy and its national security have been harmed by China’s rampant theft of intellectual property and the requirement that American companies that want to do business in the country hand over their technology. These actions threaten America’s comparative advantage in innovation and its military edge.​

Indeed. Trade is much better than war, but allowing a Communist autocracy into the WTO and to control such a huge chunk of our technology stack were huge mistakes.

 

TRADE WARS ARE FUN AND EASY TO WIN:

Bye Bye Trade War? China Plans $1 Trillion Buying Spree to Reduce US Trade Deficit.

 

Yeah, and NK destroyed all their nukes.

 

Chinese exports to the USA were UP AT RECORD LEVELS IN 2018,the exports by China to the rest of the world were way down especially to Europe.U.S.exports to China were down in 2018.

 

The problem with starting a trade war with China is you shoot yourself in the foot... Twice.
First you increase costs to the US customer and
Two - most Chinese imports are made by US companies so you lower their profits.

 

TRADE WARS ARE FUN AND EASY TO WIN:

Thanks to Trump, China’s economy is rapidly decelerating.

“Meanwhile, Chinese lawmakers have been rushing through a new law designed to alleviate American concerns about intellectual property rights and forced technology transfers, something that President Trump has made a top priority.”​

 

Looks like US companies are stocking up before the tariffs go in place, you got some old inaccurate news.

 

The problem for Donald is that the Chinese government can out-last bad economic numbers. The tariffs were to bring the Chinese to negotiations on the deficits. In actually the Trump tariffs harmed US farmers and ag producers to the tune of $8 billion in subsidies.

You don't win a trade war paying billions in subsidies to an already highly subsidized market.

 

Yeah, sure, and I'm not going to buy any more Chinese stuff.
Oh. Put the goal posts back. The top priority "was" to reduce the trade deficit.

 

That's very bad news for America. China is a large customer of US goods and an economic slowdown will hurt the US.

 

Come on Professor Nobody, you have got to dig up some fact with the other cronies republicans around here that love to throw out one liners. At least take the time to visit site that twist the data around and post it. Gees, it is like the republicans love digging and throwing out all the racist problems, or anything from FOX news, but when it comes to facts, those are off limits !