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Old 12-09-2016, 12:18 PM
 
1,392 posts, read 2,135,781 times
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How Sands owner Sheldon Adelson lost $3 billion in 30 minutes - The Morning Call

Maybe this is a coincidence but we can see more things like this happen if Trump continues to threaten China. I always ask a lot of Republicans if they honestly think they can confront China if their donors get hit like this.
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Old 12-09-2016, 12:22 PM
 
34,619 posts, read 21,649,903 times
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Quote:
Originally Posted by X14Freak View Post
How Sands owner Sheldon Adelson lost $3 billion in 30 minutes - The Morning Call

Maybe this is a coincidence but we can see more things like this happen if Trump continues to threaten China. I always ask a lot of Republicans if they honestly think they can confront China if their donors get hit like this.
The only confrontation we need is to stop trading with them.

Let them take Taiwan or whatever other Asian conquest they want.

Our trade deficit with them is something in the range of $350 billion a year. They are economically destroying us.

Bring our troops home and let's concentrate on the US.

Built in the US, sold in the US.
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Old 12-09-2016, 12:23 PM
 
Location: New York city
257 posts, read 685,237 times
Reputation: 132
Did you actually read the article? This has nothing to do with Trump.
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Old 12-09-2016, 12:23 PM
 
20,187 posts, read 23,877,477 times
Reputation: 9284
Quote:
Originally Posted by X14Freak View Post
How Sands owner Sheldon Adelson lost $3 billion in 30 minutes - The Morning Call

Maybe this is a coincidence but we can see more things like this happen if Trump continues to threaten China. I always ask a lot of Republicans if they honestly think they can confront China if their donors get hit like this.
Did you read the article? I didn't but already knew because I knew about this morning. It limits ATM withdrawals which affects ALL of Macau's gambling casinos. Like any drop in stock, it's temporary.... I am sure Sheldon isn't too concerned, besides there are ways around it... I am not sure what this has to do with Trump but liberals these days like to attribute everything to Trump... which isn't surprising and only shows their level of ignorance and arrogance...
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Old 12-09-2016, 12:24 PM
 
Location: Barrington
63,919 posts, read 46,797,346 times
Reputation: 20675
Unless Adelson sold his holdings in his own company, he did not lose a cent.
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Old 12-09-2016, 02:21 PM
 
1,392 posts, read 2,135,781 times
Reputation: 984
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Originally Posted by sasha7 View Post
Did you actually read the article? This has nothing to do with Trump.
I read it and I am just saying I can't imagine Trump getting tough on China due to people like Adelson. I know this has nothing to do with Trump and that this was about capital controls but I am also pointing out if Trump angers China, people like Adelson and Steve Wynn are going to feel the backlash and if they lose access to China, Trump will face a massive backlash from his business supporters. Adelson only cares about three things; Israel, good relations with China, and restricting online gambling.
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