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Old Today, 12:18 PM
 
5,939 posts, read 6,756,724 times
Reputation: 15314

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As was said yesterday, the gang returned form China without any progress on a trade deal. "We are continuing to talk and it is going really well."


Today the knucklehead announced new tariffs on Chinese goods coming into America. The clown still doesn't understand that the Chinese can play this game for longer than Donald will be alive, and that American consumers pay the freight for his ill-founded strategy.


Immediately our stock market fell from being up 300 to be down 200, and bonds flew on the idea of a weaker economy here in the US as prices for goods go up.


How did this guy ever get the title of being a deal maker? Did he invent it himself to go along with his "I am really , really smart?"


Maybe no. Americans are going to suffer more and more until we get this jerk out of office. Today is just another example of the lack of leadership, strategy and direction from the guy in Washington.
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Old Today, 12:22 PM
 
Location: Brew City
4,369 posts, read 2,564,895 times
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Regardless of all the other factors, how can you say "we are continuing to talk and it's going really well" if the very next day you impose tariffs?
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Old Today, 12:30 PM
 
Location: SDL/PDX/RDU
4,835 posts, read 2,590,774 times
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Cool. More free money for his farmer supporters.
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Old Today, 12:46 PM
 
Location: Eastern NC
19,596 posts, read 17,834,583 times
Reputation: 17413
When will the moron learn that his words carry a lot of weight in the stock market?
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Old Today, 12:50 PM
 
5,939 posts, read 6,756,724 times
Reputation: 15314
Quote:
Originally Posted by Vegabern View Post
Regardless of all the other factors, how can you say "we are continuing to talk and it's going really well" if the very next day you impose tariffs?

It's called lying. He is pretty good at it, and his 35% seem to lap it up.

Quote:
Originally Posted by take57 View Post
Cool. More free money for his farmer supporters.

Actually I think they would rather be selling their crop rather than being paid to not grow it, or have it rot on the ground. And in two years when the clown is gone, what do they do then if their markets are destroyed?


One of the (many) problems which Donald has is that he can't think strategically nor beyond his most immediate inspiration. That is NOT good for America, and China thinks in terms of decades so they don't care about his latest tantrum/tariff.
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Old Today, 12:50 PM
 
19,473 posts, read 12,330,219 times
Reputation: 10718
Quote:
Originally Posted by Ted Bear View Post
As was said yesterday, the gang returned form China without any progress on a trade deal. "We are continuing to talk and it is going really well."


Today the knucklehead announced new tariffs on Chinese goods coming into America. The clown still doesn't understand that the Chinese can play this game for longer than Donald will be alive, and that American consumers pay the freight for his ill-founded strategy.


Immediately our stock market fell from being up 300 to be down 200, and bonds flew on the idea of a weaker economy here in the US as prices for goods go up.


How did this guy ever get the title of being a deal maker? Did he invent it himself to go along with his "I am really , really smart?"


Maybe no. Americans are going to suffer more and more until we get this jerk out of office. Today is just another example of the lack of leadership, strategy and direction from the guy in Washington.


The dem solution- Let China steal our technology, cheat on trade, and destroy our economy.


Dems are so partisan that they side with an authoritarian foreign nation like China over their fellow citizens and nation.


Dems are literally fifth columnists among us who are enemies of the nation.
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Old Today, 12:54 PM
 
19,473 posts, read 12,330,219 times
Reputation: 10718
Quote:
Originally Posted by Ted Bear View Post
It's called lying. He is pretty good at it, and his 35% seem to lap it up.




Actually I think they would rather be selling their crop rather than being paid to not grow it, or have it rot on the ground. And in two years when the clown is gone, what do they do then if their markets are destroyed?


One of the (many) problems which Donald has is that he can't think strategically nor beyond his most immediate inspiration. That is NOT good for America, and China thinks in terms of decades so they don't care about his latest tantrum/tariff.


And what would YOU have done about US steel, aluminum, and manufacturing sectors? This is a trade war that the US is winning. China has a far greater percent of its economy dependent upon us, rather than we of them. No one said this would be completely easy, but it will be won by the US.


Libs are insane- they would prefer to do nothing and let America get steamrolled by China.


If the libs were in charge in WW2, we would have surrendered the day after Pearl Harbor. FDR was a dem, but not an insane lib of today who had the tenacity to see the fight through.
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Old Today, 12:55 PM
 
27,260 posts, read 9,246,164 times
Reputation: 9509
Quote:
Originally Posted by Ted Bear View Post
As was said yesterday, the gang returned form China without any progress on a trade deal. "We are continuing to talk and it is going really well."


Today the knucklehead announced new tariffs on Chinese goods coming into America. The clown still doesn't understand that the Chinese can play this game for longer than Donald will be alive, and that American consumers pay the freight for his ill-founded strategy.


Immediately our stock market fell from being up 300 to be down 200, and bonds flew on the idea of a weaker economy here in the US as prices for goods go up.


How did this guy ever get the title of being a deal maker? Did he invent it himself to go along with his "I am really , really smart?"


Maybe no. Americans are going to suffer more and more until we get this jerk out of office. Today is just another example of the lack of leadership, strategy and direction from the guy in Washington.
So every American will be better off when China replaces us in everything we are number one in ?

That's doesn't sound smart at all !!! Can you explain how that works ?
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Old Today, 01:03 PM
 
1,134 posts, read 213,271 times
Reputation: 783
Considering that China produced 25-30% of the worlds GDP for the last 3000 years.. it was just an eventuality that they would outproduce any other region again.. Trumps Tariffs will not slow them down!

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Old Today, 01:07 PM
 
196 posts, read 33,006 times
Reputation: 200
Some historical info:

1929:
Summer: consumer spending and industrial production begin to stagnate.
June 15th: the Agricultural Marketing Act of 1929 is signed into law, providing some $100 million in emergency loans to struggling farmers
May-September: the stock market makes almost entirely uninterrupted gains, gaining 20% over this period.
November 1st: The Federal Reserve begins lowering the discount rate from its 6% level.
1930:
May: Automobile sales fall below 1928 levels.
June 17th: Smoot-Hawley Tariff Act passed, placing more stress on the weakening global economy, primarily through the collapse in trade of agricultural products, which strained banks that had lent heavily to farmers. Further decreases in trade of manufactured products led to layoffs and reduced corporate profits, weakening the economy.

Any parallels you noted are just imagination. "All is good" (c)
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