The Foreign Trade Thread

[NurseGoodVol]

That's very true, and the amazing part is that in the end it's not the company that really pays the tax. The tax just goes into the overhead and increases the cost of products causing countries with high corporate taxes to be noncompetitive globally. And the Dims still don't get it.

I suppose if someone wanted America to be more global less superpower this would be the route.

 

[Velo Vol]

Pretty much.

 

[lawgator1]

Pretty much.

It is quickly getting to the point where traders just ignore his tweeets. It is obvious he's just manipulating them.

 

[SpaceCoastVol]

That's capitalism. People don't seem to get that a person can't live on $7.25/hour, but here we are.

I think the problem is that people can't compete globally on $7.25/hour. You want to make everything a $15/hour job minimum. The ability to compete at THAT level is pretty much zero, so those jobs will evaporate, thereby increasing unemployment. And while we are at it: I don't think anyone is delusional enough to believe tariffs will bring ALL manufacturing jobs back to the USA. I think the point is more to get those companies to take them out of China to somewhere else.

 

[Velo Vol]

And while we are at it: I don't think anyone is delusional enough to believe tariffs will bring ALL manufacturing jobs back to the USA.

Will they bring any manufacturing plants back?

 

[roosterjbh]

 

[AM64]

It is quickly getting to the point where traders just ignore his tweeets. It is obvious he's just manipulating them.

Now if they'd just ignore all the other meaningless inputs, we might see some market stability, but market chaos is what makes money for market parasites ... at the expense of savings and retirement type investors.

 

[AM64]

Will they bring any manufacturing plants back?

Not likely unless we ditch globalism or until our standard of living drops to the level of third world countries. The latter is certainly not going to support our leftist's plans for a socialist society, but their plans could help us get there quicker.

 

[lawgator1]

Now if they'd just ignore all the other meaningless inputs, we might see some market stability, but market chaos is what makes money for market parasites ... at the expense of savings and retirement type investors.

Seems like there can be a quick reaction to news by a large sea of small owners, followed by the computers seeing that and making auto moves for the big traders. Then it snap-corrects back (in opposite direction, either way) the next day.

If you had the tech you could probably make a fortune buying broad index holdings between about 3 p.m. and 4 p.m. each day, then auto selling or buying the opposite position the next morning. Just play the snap back.

 

[AM64]

I think the problem is that people can't compete globally on $7.25/hour. You want to make everything a $15/hour job minimum. The ability to compete at THAT level is pretty much zero, so those jobs will evaporate, thereby increasing unemployment. And while we are at it: I don't think anyone is delusional enough to believe tariffs will bring ALL manufacturing jobs back to the USA. I think the point is more to get those companies to take them out of China to somewhere else.

The only positive side to that is we would at least not be funding China's military expansion. When we go bankrupt as a nation from the globalism game, China will have to actually develop new technology rather than stealing ours.

 

[AM64]

Seems like there can be a quick reaction to news by a large sea of small owners, followed by the computers seeing that and making auto moves for the big traders. Then it snap-corrects back (in opposite direction, either way) the next day.

If you had the tech you could probably make a fortune buying broad index holdings between about 3 p.m. and 4 p.m. each day, then auto selling or buying the opposite position the next morning. Just play the snap back.

I think that happens, but lag time doesn't favor the bit investors. It's a lot like the casual player betting against the house in any big casino. Sometimes it works, but not usually.

 

[VolStrom]

The only positive side to that is we would at least not be funding China's military expansion. When we go bankrupt as a nation from the globalism game, China will have to actually develop new technology rather than stealing ours.

I've taken heat for this before, but the Chinese and mostly Asians in general can't compete in the world market because they can't innovate. They are great taking someone else's ideas and making them better once they are a mature idea, but they can't innovate. Every new technology that has been invented in the last 25 years has come from the USA.

 

[AM64]

I've taken heat for this before, but the Chinese and mostly Asians in general can't compete in the world market because they can't innovate. They are great taking someone else's ideas and making them better once they are a mature idea, but they can't innovate. Every new technology that has been invented in the last 25 years has come from the USA.

Asians prove time and again their scholastic aptitude and a far better degree of discipline than most non Asians. Their cultures just don't embrace the individualism that supports creativity. I worked in several Japanese nuclear power plants over the years, and they were in my estimation better run and maintained than our own. Every one was based on US technology, though; and I never saw any indication of straying from a set path; however, their dedication, work ethic, and attention to detail were second to none.

 

[VolStrom]

Asians prove time and again their scholastic aptitude and a far better degree of discipline than most non Asians. Their cultures just don't embrace the individualism that supports creativity. I worked in several Japanese nuclear power plants over the years, and they were in my estimation better run and maintained than our own. Every one was based on US technology, though; and I never saw any indication of straying from a set path; however, their dedication, work ethic, and attention to detail were second to none.

I agree, I think Asians as a whole are better at maintaining things and doing a great job at what they do because of their culture. My point is to look at how their culture fits in the mainstream of things like innovation or practical matters like aviation. As aviators Asians suck because they have a hierarchical culture that doesn't allow anyone to question an elder such as a captain, therefore they crash way more frequently than western planes do due to pilot error. The same culture doesn't allow them to invent things either, hence my point.

 

[Velo Vol]

As aviators Asians suck because they have a hierarchical culture that doesn't allow anyone to question an elder such as a captain, therefore they crash way more frequently than western planes do due to pilot error.

Link?

 

[Thunder Good-Oil]

Now if they'd just ignore all the other meaningless inputs, we might see some market stability, but market chaos is what makes money for market parasites ... at the expense of savings and retirement type investors.

The short term traders add volume which increases liquidity. They're really just exchanging profits/losses amongst themselves. Buy and hold investors shouldn't be impacted unless they are losing by holding actively managed funds that are experiencing net negative trading losses.

 

[AM64]

The short term traders add volume which increases liquidity. They're really just exchanging profits/losses amongst themselves. Buy and hold investors shouldn't be impacted unless they are losing by holding actively managed funds that are experiencing net negative trading losses.

Or if they panic and sell. I think the big short term traders always hope to provoke the market enough for panic sales.

 

[Thunder Good-Oil]

Or if they panic and sell. I think the big short term traders always hope to provoke the market enough for panic sales.

Volatility creates opportunities for traders and everybody else that plays it smart. Frightening panicking investors to permanently stay in cash weeds some out, but somebody will borrow their cash and put it into some type of asset.

 

[n_huffhines]

You were warned. #MAGA

 

[Orangeburst]

You were warned. #MAGA

It is about much more than jobs and trade. $5 Trillion in IP theft.

1 in 5 corporations say China has stolen their IP within the last year: CNBC CFO survey

 

[hog88]

You were warned. #MAGA

View attachment 224779

You'd think even the made up unemployment rate would have risen with that many people out of a job.

 

[n_huffhines]

It is about much more than jobs and trade. $5 Trillion in IP theft.

1 in 5 corporations say China has stolen their IP within the last year: CNBC CFO survey

**** the powerless workers, protect the corporations with political power.

 

[n_huffhines]

You'd think even the made up unemployment rate would have risen with that many people out of a job.

Not necessarily. 300k is only 0.2% of the full-time workforce, so unemployment would only have to improve by 0.3% elsewhere to obscure these completely avoidable, stupid, nanny-state, politically-motivated losses.

 

[Orangeburst]

**** the powerless workers, protect the corporations with political power.

If you can not make the connection between IP theft and employment then I do not know what to say. You know that stolen tech that allows the Chinese to then build at a lower price and causes American job loss.

 

[n_huffhines]

If you can not make the connection between IP theft and employment then I do not know what to say. You know that stolen tech that allows the Chinese to then build at a lower price and causes American job loss.

We are not going to fix this problem. It's a stupid political maneuver that will get us no further than maybe lip service