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Old 03-22-2018, 02:17 PM
 
267 posts, read 121,985 times
Reputation: 106

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Quote:
Originally Posted by Freak80 View Post
It ain’t me. I don’t own any land. I’m a member of the Proletariat: I must sell my labor to survive. Most Americans are in the same situation.

It’s hard for me to feel sorry for people who profit off the land their ancestors stole from the natives generations ago. If the landowning class gets hit, so what?
So what do you eat? Food created in your lab? Where do you live? In a space station? Don’t tell me your home is located in stolen land.

It’s not just them that will be affected. It’s them and all the people that sell them products or services. It’s less money in the economy.
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Old 03-22-2018, 02:18 PM
 
12,031 posts, read 6,561,999 times
Reputation: 13975
Markets down 724
It's not just about China, but also the out of control spending bill, and worries about inflation.
Good time to buy.....

Last edited by mountainrose; 03-22-2018 at 02:28 PM..
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Old 03-22-2018, 02:18 PM
 
7,447 posts, read 2,830,901 times
Reputation: 4922
Uh oh, Trump figured out something he has control over that is not countered by checks and balances. Expect more decisions like this as his sociopathic nature searches for ways to exercise power.
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Old 03-22-2018, 02:19 PM
 
Location: Barrington
63,919 posts, read 46,707,495 times
Reputation: 20674
Quote:
Originally Posted by Bettafish View Post
A good thing is that they will restrict Chinese investment in the US, so real estate prices will drop.
Good news for young people who have not bought home yet.
Restrict investment in US real estate? Don't be silly.

That would bite Trump and Kushner in the butt.
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Old 03-22-2018, 02:21 PM
 
267 posts, read 121,985 times
Reputation: 106
Quote:
Originally Posted by middle-aged mom View Post
The folk at Airbus have broken out the bubbly and are doing the happy dance.

Boeing's ( 141,000 employees) future is tied to the pileline of commercial jet builds for China.

Takes a whole lot of toasters to equal one commercial jetliner.
I guess they can lay off some of those people and make America great again.
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Old 03-22-2018, 02:22 PM
 
Location: Western PA
3,733 posts, read 5,963,523 times
Reputation: 3189
I almost forgot about the massive spending bill - that could account for some of the Wall Street meltdown today, in addition to his trade war. But didn't Donnie say he was going to eliminate the deficit and cut government spending? Did he mistakenly add another trillion dollars to our debt without realizing it? Or could he have been (gasp!) lying during the campaign?
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Old 03-22-2018, 02:22 PM
 
Location: Denver, CO
8,750 posts, read 3,116,288 times
Reputation: 1747
More taxes on the American people through increased prices on goods and devaluation of the dollar. More central-government meddling in the economy. Capitalism be damned.

Trump’s tariffs could be a ‘catastrophic mistake': Economist Thomas Sowell | Fox Business
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Old 03-22-2018, 02:23 PM
 
267 posts, read 121,985 times
Reputation: 106
Quote:
Originally Posted by Boss View Post
The POTUS has a serious problem. Our problem is worse as he has to be in office for 2 years and 10 months.
He likes drama. He doesn’t care if people lose their jobs as long as he can see his face on the news.
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Old 03-22-2018, 02:24 PM
 
Location: USA
18,490 posts, read 9,151,071 times
Reputation: 8522
Quote:
Originally Posted by Cuca Racha View Post
So what do you eat? Food created in your lab? Where do you live? In a space station? Don’t tell me your home is located in stolen land.

It’s not just them that will be affected. It’s them and all the people that sell them products or services. It’s less money in the economy.
If anything, food will be cheaper here if they can’t easily export it to China. Supply and demand 101.

It’s a win-win for ordinary Americans. Fewer manufacturing jobs will be exported to slave-labor nations with no environmental laws, and food will be cheaper at home. Big Ag profits will go down, but that is bad only for the owners of Big Ag, aka the economic elites.

Naturally, Wall Street is upset at the possibility of higher wages, which will mean reduced profits.
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Old 03-22-2018, 02:24 PM
 
2,956 posts, read 2,341,067 times
Reputation: 6475
If this ramps up, get ready for stagflation. The idiot indicated this is only just the start and more to come.
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