Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The era of the $49.95 microwave oven at WalMart will soon be over. You probably can't fix your old one if it quits and it will be really handy to have a new spare still in the box when it dies. Pick your product. If it's made in China, your new one will cost a lot more that it costs today.
Tariffs are a tax on the consumer. They will result in inflation and a declining standard of living. That's how you mess with world trade - you put a leash on it. Just do your patriotic duty and put it on the plastic.
Tariffs are a tax on the consumer. They will result in inflation and a declining standard of living. That's how you mess with world trade - you put a leash on it. Just do your patriotic duty and put it on the plastic.
Who cares about the world trade, we have to end this madness of DEBT spending and FAKE growth. Can you people get in your head that maybe is time to stop spending and start saving? All nations grow and rest; and when they rest, they SAVE. 2001-PRESENT was "supposed to be" a SAVING CYCLE, with higher interest rates, less spending and more saving, strengthening the local currency.
Yes, most of you believe in PERPETUAL GROWTH; how else do we AVOID recession, right? We don't avoid recession or depression; we SURVIVE recession and depression. If it doesn't kill you it makes you stronger.
When our FED fools find a way to supplement 17-years of growth with 17 years of VIRTUAL growth - i.e., interest rate suppression, and theft of national recesses from the future - then they disturb the balance of nature, and CREATE MONSTERS.
What I can't understand is how could you people think that this manipulation since 2001 is OK, is normal?????
Have you all collectively lost your minds or are you really that blind and unaware what is going on since 2001. Answer = MANIPULATION, DEBT ORGY AND SOCIALISM FOR THE RICH!!!
Woooww, Is Trump trying to ruin a good thing? Hmmmm.....can we produce products as cheaply as China can? No. What good does it do to make Chinese imports MORE expensive?
Well, it will slow down spending; and it will mean less profits for China, which they can turn into military gun-boats and casinos that they export as foundation stones of a Chinese empire. China's recent rise from the ashes of communism only happens because they now have access to marketplaces around the world.
The real danger, from our American perspective, is that we are financing the rise of a military empire to rival our own. What if is time to stop spending and start saving? What if we start BUYING AMERICAN only; and saving? Will this let the air out of the Chinese bubble?
China doesn't necessarily need USD's to build an army. The create and use Yuan.
IMO we want to continue to do business as usual with China. Make business, make nice.
Red China has been quietly buying gold by the TON!. They are rebuilding their infrastructure at an amazing rate. My son has traveled to Guangdau (sp?). He goes there from Shanghai by a mag-lev train that runs through the rice paddies at 280 MPH and does not touch the ground. Meanwhile, we are hauling oil in tank cars on railroads that are limited to 15 MPH because the railroad ties are rotten and you can pick railroad spikes out of the ties with two fingers and push them back in with your thumb.
Red China is building all that infrastructure with our money. We support their economy. There are no utility tractors under 50 HP made in the USA. Most of our appliances, generators, wind turbines and clothing comes from Red China. We make those choices.
Red China has two currencies, the yuan and the renminbi. They are gradually coming back together. The yuan was for local use and the renminbi was for foreign exchange. The international monetary fund has accepted the Yuan for settlement of debts since 2016. As labor costs rise, Red China is developing manufacturing operations in Africa. They are building huge city/factories like the ones in Asia.
We are just beginning to repair our crumbling infrastructure. It will take decades to get back to where we were fifty years ago.
Red China has been quietly buying gold by the TON!. They are rebuilding their infrastructure at an amazing rate. My son has traveled to Guangdau (sp?). He goes there from Shanghai by a mag-lev train that runs through the rice paddies at 280 MPH and does not touch the ground. Meanwhile, we are hauling oil in tank cars on railroads that are limited to 15 MPH because the railroad ties are rotten and you can pick railroad spikes out of the ties with two fingers and push them back in with your thumb.
Red China is building all that infrastructure with our money. We support their economy. There are no utility tractors under 50 HP made in the USA. Most of our appliances, generators, wind turbines and clothing comes from Red China. We make those choices.
Red China has two currencies, the yuan and the renminbi. They are gradually coming back together. The yuan was for local use and the renminbi was for foreign exchange. The international monetary fund has accepted the Yuan for settlement of debts since 2016. As labor costs rise, Red China is developing manufacturing operations in Africa. They are building huge city/factories like the ones in Asia.
We are just beginning to repair our crumbling infrastructure. It will take decades to get back to where we were fifty years ago.
China might buy some resources from other nations using USD, but by and large they are building all their stuff with their own fiat. There is virtually no change in Chinese US Treasury ownership year on year. USD cash I don't know and can't find.
I can't say that stocking replacement microwaves really concerns me, since I don't own one now. I have a pretty low-tech kitchen. The only small appliance I own is an immersion blender, and even if it no longer worked, I'm certain I could manage to continue feeding myself.
The door on my old microwave broke, and I discovered a replacement door was half the cost of a new microwave. I proceeded to buy a new microwave, and then parted out my old microwave on ebay. Easily sold some of the major components and then scrapped the rest. They were buyers for the various boards and magnetron and such. I'd say people out there are repairing these things.
I actually tried looking for the door used, but couldn't find one in a matching finish. There were other finishes available, so I could have definitely fixed it with used parts.
You are in that rare 2% of the population that knows how to fix stuff without injuring himself.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
