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Old 01-16-2019, 07:33 AM
 
Location: Florida
76,966 posts, read 47,850,764 times
Reputation: 14806

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Quote:
Originally Posted by phma View Post
China is a communist dictatorship and one of the largest human rights violators in the word. And as you say they get our money. We have funded them out of poverty while they have designed a plan to reduce our influence and the influence of western democracy in the world.
They want their currency to replace ours as the world reserve currency and become the communist economy model for the world to follow. Also the dominate world military power. A power they use on their own people to maintain tight control.

Lots of things sound like a good idea on the surface but assisting China to make America subservient isn't in our best interest. Unless, of course, being a communist country is desirable.
Accepting Chinese investment somehow translates to US becoming communist......

I guess Trump loyalists just can't help themselves.

 
Old 01-16-2019, 11:51 AM
 
Location: New York
2,486 posts, read 830,790 times
Reputation: 1883
Originally Posted by Originalist
I would trade whatever the US portion of that $80B is for the $250-$500B we lose to them every year. It's a win-win! Can you do the math?

Quote:
Originally Posted by Finn_Jarber View Post
The math is not there, because the trade deficit has only increased with the stupid trade wars. We are losing on both fronts.

Aah, but I was talking about trade deficits.



Trump bad Chinese good!



You won't move from your position no matter what facts are thrown out. I can see that after reading through the thread.
 
Old 01-16-2019, 12:00 PM
 
24,203 posts, read 15,267,347 times
Reputation: 13086
A Houston company with a majority Russian owner is building a terminal in Beaumont to ship Ethane to China.

My morning paper informs me the 20 year contract is valued at 72 Billion.
 
Old 01-16-2019, 12:04 PM
 
Location: deafened by howls of 'racism!!!'
53,459 posts, read 35,143,365 times
Reputation: 29637
Quote:
Originally Posted by ditchoc View Post
US influence in the world is shrinking. If it keeps going, it will be similar to Ethiopia with a similar life style.
what does the OP's story have to do with US influence?

China Is Losing The Trade War In Nearly Every Way | Forbes.com

edit - Listener2307 got there first.
 
Old 01-16-2019, 02:12 PM
 
Location: NE Mississippi
25,766 posts, read 17,526,317 times
Reputation: 37608
Quote:
Originally Posted by Finn_Jarber View Post
If I was in business of selling condos, I would have ZERO reasons to not sell to Chinese clients.

Would you? .................
Well, no. But they are not buying; they don't have the money. Evidently losing the trade war is disrupting their economy.
 
Old 01-16-2019, 02:15 PM
 
Location: Florida
76,966 posts, read 47,850,764 times
Reputation: 14806
Quote:
Originally Posted by Originalist View Post
Aah, but I was talking about trade deficits.

You won't move from your position no matter what facts are thrown out. I can see that after reading through the thread.
Yes, and you implied the plummeting Chinese investment somehow resolved the trade deficits, which is an uninformed claim, because it only made matters worse.

Try throwing in some facts, and we'll see.
 
Old 01-16-2019, 02:18 PM
 
Location: Florida
76,966 posts, read 47,850,764 times
Reputation: 14806
Quote:
Originally Posted by Listener2307 View Post
Well, no. But they are not buying; they don't have the money. Evidently losing the trade war is disrupting their economy.
They have been buying. Where do you think the $111 billion went? It was invested in US economy, including real estate, but that number is now down 80%.
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