The Foreign Trade Thread

#676
#676
Big Gucci Sosa said:
Yeah this doesn't make sense.
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Really. If tariffs are better than trade deals, why even bother with them?

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#681
#681
I read , maybe in this thread? That china uses protectionist policy on their own yuan, setting rates and prices etc while going trillions in debt themselves. Leaving them extremely reliant on a steady flow of US dollars in order to have enough currency to keep their economy and markets somewhat fluid. Their place at the negotiating table is reminiscent of the funny black dude in blazing saddles...when he puts the pistol to his own head...
 
#682
#682
marcusluvsvols said:
I read , maybe in this thread? That china uses protectionist policy on their own yuan, setting rates and prices etc while going trillions in debt themselves. Leaving them extremely reliant on a steady flow of US dollars in order to have enough currency to keep their economy and markets somewhat fluid. Their place at the negotiating table is reminiscent of the funny black dude in blazing saddles...when he puts the pistol to his own head...
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It’s funny watching posters who have read an economics book believe that we need China more than China needs us.

It would be funny watching some of this boards economic experts negotiate at a car dealership
 
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#684
#684
MOOOOONEY said:
It’s funny watching posters who have read an economics book believe that we need China more than China needs us.
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It's funny seeing people who thought trade wars are easy to win still trying to act like they know wtf is going on.
 
#688
#688
Velo Vol said:
China is our competitor.

China is stealing our technology.

I don't believe it's manipulating its currency (now).

China isn't costing us hundreds of billions a year.

A trade war would be terrible.
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I think Trump has got this. He's been proving all the liberal economist \ pundits wrong for the past two years now. Paul Krugman is still trying to eat all the crow on his plate and little Bob Reich has yet to catch up.
 
#690
#690
BigOrangeD said:
I think Trump has got this. He's been proving all the liberal economist \ pundits wrong for the past two years now. Paul Krugman is still trying to eat all the crow on his plate and little Bob Reich has yet to catch up.
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"All the liberal economists" lol. Do you mean "all the economists"?

What exactly has he proven wrong? Everybody knows GDP grows when the government increases spending and artificially lowers interest rates. GDP growth is literally the only feather in his cap and he manipulated it with socialist central planning.
 
#691
#691
n_huffhines said:
"All the liberal economists" lol. Do you mean "all the economists"?

What exactly has he proven wrong? Everybody knows GDP grows when the government increases spending and artificially lowers interest rates. GDP growth is literally the only feather in his cap and he manipulated it with socialist central planning.
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I can't argue with you on GDP but many said the stock market would tank, many said unemployment would go way up but we know the opposite has happened.
 
#692
#692
BigOrangeD said:
I can't argue with you on GDP but many said the stock market would tank, many said unemployment would go way up but we know the opposite has happened.
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Idk that "many" said this. Pundits maybe. You'll find few economists making those predictions, but I'd be happy to be proven wrong.

Stock market keeps reacting negatively to Trump policies and Trump followers don't seem to care, so why should it matter when it goes up?
 
#693
#693
n_huffhines said:
Idk that "many" said this. Pundits maybe. You'll find few economists making those predictions, but I'd be happy to be proven wrong.

Stock market keeps reacting negatively to Trump policies and Trump followers don't seem to care, so why should it matter when it goes up?
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The sky is falling! I'm going to have to pay 3 more cents for a Chinese widget, and I'm going to have to mow my own yard. Your case of TDS is approaching LG's. Take a nerve pill.
 
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#694
#694
n_huffhines said:
Idk that "many" said this. Pundits maybe. You'll find few economists making those predictions, but I'd be happy to be proven wrong.

Stock market keeps reacting negatively to Trump policies and Trump followers don't seem to care, so why should it matter when it goes up?
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I tend to agree with you on many things when it comes to spending and taxing. If I were King, I would end the Fed, Abolish the Income Tax, Cut all deficit spending, end all Welfare \ Handouts, shrink government to 1/10th of its current size, and announce to all that want to come here that you must make it on your own. No handouts. You break our laws and you pay a price. Unfortunately none of this will ever happen with the Cronies we have in this country. Trump is just one guy. Not even Ron Paul could make a dent.
 
#695
#695
1972 Grad said:
The sky is falling! I'm going to have to pay 3 more cents for a Chinese widget, and I'm going to have to mow my own yard. Your case of TDS is approaching LG's. Take a nerve pill.
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Sure. Bankrupt the farmers and give them welfare. It's ok though, because my clothes are more tidy white in my premium Whirlpool washing machine.
 
#696
#696
Stew Cook said:
Sure. Bankrupt the farmers and give them welfare. It's ok though, because my clothes are more tidy white in my premium Whirlpool washing machine.
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Ever since Big Corporate farming began, small farmers have been taking it in the shorts. Many farmers will do well if Trump does what he proposes. I admit that it could be a problem early on but Trump is playing the long game. He always does.
 
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#697
#697
BigOrangeD said:
Ever since Big Corporate farming began, small farmers have been taking it in the shorts. Many farmers will do well if Trump does what he proposes. I admit that it could be a problem early on but Trump is playing the long game. He always does.
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Forgive me for not putting much faith the financial wizard that is Trump. But you keep the faith BOD.
 
#698
#698
Stew Cook said:
Forgive me for not putting much faith the financial wizard that is Trump. But you keep the faith BOD.
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I realize Trump is limited in what he can do just like any President would be but I am glad he is at the Helm instead of Killary Klinton.
 
#700
#700
BigOrangeD said:
I realize Trump is limited in what he can do just like any President would be but I am glad he is at the Helm instead of Killary Klinton.
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Yeah, well hopefully he won't sink the ship.. Although if he does, I'm sure it won't be his fault.
 
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