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Old 09-08-2019, 09:52 AM
 
5,327 posts, read 5,195,902 times
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Another great victory for Trumpism.

China and Iran have updated a 2016 strategic agreement whereby China offers massive long-term investment in the Iranian economy in return for far-reaching rights over how the money is spent and the products that eventually flow from it.
The plan also allows for the stationing of up to 5,000 Chinese security personnel to protect energy and petrochemical assets, according to a report in monthly journal Petroleum Economist.


MSM is kinda silent about it, even cnn and nyt. But if it is true the implication is that saber rattling of Trump over Iran will have to be tuned down big time, unless trumplings are ready to enlist for a war with China over Iran.
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Old 09-08-2019, 09:55 AM
 
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But I thought China was crumbling as we speak.
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Old 09-08-2019, 09:57 AM
 
Location: Florida
3,856 posts, read 1,053,659 times
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Well, it just goes to show that China has always been an enemy to the USA, and we should have had a trade block with them a long, long time ago. Like, back in the 80's. Instead, our government creates loopholes that outsources our jobs to China, and even relinquished control of the Panama canal, which China wasted no time in gobbling up, and we have no one to blame but US government and the greedy companies that helped China rise to their current power.
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Old 09-08-2019, 09:59 AM
 
Location: DMV Area/NYC/Honolulu
13,264 posts, read 6,820,748 times
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Good for China and Iran. As much as I detest the Iranian regime, I am not a fan of sanctions and ideological/political diplomacy a la Cuba and Iran. It still boggles my mind that we cut ties with Cuba and continue to sanction them because they dare to have a different form of government from us And Iran isn't much different. As much of a disgrace as the Iranian Hostage situation was, no one was killed. Sanctions aren't doing much to change government in these countries (Cuba and Iran have been under sanctions for DECADES). They only go to hurt the rank and file in those countries and US business interests.
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Old 09-08-2019, 10:00 AM
 
824 posts, read 533,158 times
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China,Iran,and Russia (among other countries) are trying to decouple the dollar all the while breaking our web of "poor" allies. Time to downsize our military complex and take care of our own.
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Old 09-08-2019, 10:02 AM
 
824 posts, read 533,158 times
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Countries that have no ethics always have a bigger playing field plane and simple.
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Old 09-08-2019, 10:03 AM
 
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Quote:
Originally Posted by moneill View Post
But I thought China was crumbling as we speak.
They probably are... it's the only logical conclusion for such an extreme and provocative move by China.
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Old 09-08-2019, 10:05 AM
 
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Quote:
Originally Posted by NorCal77 View Post
Countries that have no ethics always have a bigger playing field plane and simple.
THIS!!! And I think because we live in a better country , many forget that other countries don't play the rules.

As for sanctions, inevitably it is the citizens of these countries that suffer -- not the govt.

Cuba is a good example. The USA sanctions have done little to prod the Cuban govt. to treat its citizens better. And the USA sanctions make life for Cuban citizens less tolerable.....so who wins?

At this point if we are hanging out with Kim Jung Un begging to make a deal, why can't we do the same with Cuba. WHy are we still punishing Cuba for the Bay of Pigs, but wanting to invite Russia to the G7, be besties with North Korea? It is all too confusing at times.
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Old 09-08-2019, 10:06 AM
 
Location: Houston
23,063 posts, read 11,927,905 times
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The only way to win a trade war would be to have international cooperation. That would take diplomacy. Fat chance of that.

Meanwhile my stocks investments are 27% below what they should be per President Trump.
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Old 09-08-2019, 10:13 AM
 
824 posts, read 533,158 times
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Quote:
Originally Posted by whogo View Post
The only way to win a trade war would be to have international cooperation. That would take diplomacy. Fat chance of that.

Meanwhile my stocks investments are 27% below what they should be per President Trump.
I suspect we get one more blow off top to push and fill shorts and then you can short your pick of the litter!
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