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Thread: China

  1. #16
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    Re: China

    Still waiting for a real analysis of how Biden will be "light years" ahead of Trump.

  2. #17
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    Re: China

    Quote Originally Posted by dawg80 View Post
    Still waiting for a real analysis of how Biden will be "light years" ahead of Trump.
    He won’t turn us into Hungary.

  3. #18
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    Re: China

    Quote Originally Posted by Guisslapp View Post
    He won’t turn us into Hungary.
    https://en.wikipedia.org/wiki/Histrionic_personality_disorder

    Getting close!

  4. #19
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    Re: China

    Quote Originally Posted by dawg80 View Post
    Still waiting for a real analysis of how Biden will be "light years" ahead of Trump.
    Quote Originally Posted by Guisslapp View Post
    He won’t turn us into Hungary.
    OMG!

    Ya know what, I actually agree with that. Biden will not turn the USA into Hungary. This will still be the USA, located on the continent of North America, and Hungary will remain a country in eastern Europe. So, yes, I agree, Biden won't cause an ole switch-a-roo.

    So, that's it, eh? LOL!

    100 years from now, as historians review POTUS', they will agree:

    Biden was elected POTUS in 2020 and had a very mediocre, at best, tenure. The economy tanked under his leadership, he gave away $billions to our enemies under the guise of avoiding war, the country suffered huge immigration problems... BUT! we did not become "Hungary!" Nor did we become "Japan" or "Italy" or any other nation, for that matter. And that was the one accomplishment of the Biden presidency.


  5. #20
    2011 Pick 'Em Champion johnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond repute johnnylightnin's Avatar
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    Re: China

    Buckle up...will be a wild ride in the market today.
    Time is your friend. Impulse is your enemy. -John Bogle

  6. #21
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    Re: China

    Quote Originally Posted by johnnylightnin View Post
    Buckle up...will be a wild ride in the market today.
    Hoping we come off 10-20 percent from the highs. The last run-up was too fast to get some full positions in.

  7. #22
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    Re: China

    Quote Originally Posted by Guisslapp View Post
    Hoping we come off 10-20 percent from the highs. The last run-up was too fast to get some full positions in.
    True Dat!

  8. #23
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    Re: China

    So what is the playbook from here? It sure seems like the situation has gone from not great to worse. What real leverage does the US have to get the IP rights and open markets that we claim to be after in this “deal”?

    Are we just going to settle for a soybean deal after the losses in economic growth start to take their toll on American businesses and consumers?

  9. #24
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    Re: China

    Quote Originally Posted by Guisslapp View Post
    So what is the playbook from here? It sure seems like the situation has gone from not great to worse. What real leverage does the US have to get the IP rights and open markets that we claim to be after in this “deal”?

    Are we just going to settle for a soybean deal after the losses in economic growth start to take their toll on American businesses and consumers?
    No one has any idea of how this could work out in our favor?

  10. #25
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    Re: China

    Anyone? What are we going to get in return for Trump starting this trade war?

  11. #26
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    Re: China

    Quote Originally Posted by Guisslapp View Post
    Anyone? What are we going to get in return for Trump starting this trade war?
    FAIR trade practices from our trading partners. It should not take someone as brilliant as you are to understand that we can not continue to export all our factory jobs out of this country. Our great manufacturing capabilities are one of the things that made us into a superpower. President Trump wants free and FAIR trade. That's all.

  12. #27
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    Re: China

    Quote Originally Posted by brtransplant View Post
    FAIR trade practices from our trading partners. It should not take someone as brilliant as you are to understand that we can not continue to export all our factory jobs out of this country. Our great manufacturing capabilities are one of the things that made us into a superpower. President Trump wants free and FAIR trade. That's all.
    And why would China agree to give up its Made in China 2025 ambitions? What will motivate them to cave on force JV and tech transfer requirements?

    I am not questioning what we HOPE to get from China. I am asking what do we reasonably expect to get and how is this situation going to play out? Also, what are we going to do if China restricts our access to rare earth minerals?

  13. #28
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    Re: China

    Btw, a navy of large wooden sailboats and muzzle loaded firearms also used to be what made us powerful. Times change. Manufacturing is changing. The types of jobs that enhance a nation’s productivity and growth are changing. As we give up old-school manufacturing and we move into high tech, we become far stronger economically. When we outsource manufacturing to lower costs options we specialize in work that is more economically variable. That is one of the secret sauce ingredients to capitalism - creative destruction.

    Btw, part ii, we are entering what is being called the 4th industrial revolution. Everything is getting disrupted and we should welcome that fact. It will be by far the most creative of all capitalist driven creative destructions to date, but it will present many challenges that “keeping manufacturing in the US” will not remotely begin to address. Why do we care to try to keep jobs in the US that robots will very soon replace? Why not free ourselves from dying industries and allow our economy to put all of its investments into developments that will lead going forward?

  14. #29
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    Re: China

    In 1991 I made the first of two trips to China. That time I represented a large Fortune 50 international corporation, we went to negotiate our piece of the potentially gigantic Chinese market, and to establish partnerships. I have posted before about the border crossing between then Chicom and Hong Kong. Years later I returned, as part of a separate business effort, again to establish partnerships. So! it would be silly for me to bash US involvement with China. And, actually, I don't! I still believe there can be a healthy, mutually beneficial economic relationship between the US and China, and our western allies' dealings with China.

    BUT! that doesn't mean we bury our heads in the sand and just HOPE it continues to work out. There are some very serious reasons to be concerned. Example: 80% of pharmaceuticals, especially drugs for cancer treatment, high blood pressure, and some other critical medicines are manufactured there. And! computer chips, OMG!

    And a personal pet peeve...even the motors for Briggs & Stratton are made there, and they are pieces of shit! If you have an old Briggs & Stratton mower, like pre-2005 especially, hold onto it. The old US-made motors are already in demand.

    The Chicoms cannot be trusted. They are frickin' commie bastards!! We need to back away from being so dependent on the China market for our exports, and we need to get some of the manufacturing back here, in the good ole USA. (Do you hear me Briggs & Stratton!)

  15. #30
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    Re: China

    Quote Originally Posted by Guisslapp View Post
    Btw, a navy of large wooden sailboats and muzzle loaded firearms also used to be what made us powerful. Times change. Manufacturing is changing. The types of jobs that enhance a nation’s productivity and growth are changing. As we give up old-school manufacturing and we move into high tech, we become far stronger economically. When we outsource manufacturing to lower costs options we specialize in work that is more economically variable. That is one of the secret sauce ingredients to capitalism - creative destruction.

    Btw, part ii, we are entering what is being called the 4th industrial revolution. Everything is getting disrupted and we should welcome that fact. It will be by far the most creative of all capitalist driven creative destructions to date, but it will present many challenges that “keeping manufacturing in the US” will not remotely begin to address. Why do we care to try to keep jobs in the US that robots will very soon replace? Why not free ourselves from dying industries and allow our economy to put all of its investments into developments that will lead going forward?
    Such as?

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