over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
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Another very red night. Another complete lack of surprise.
Why markets were surprised by this I don't know.Looks like Trump has confirmed 104% tarrifs on China lmao
Dunno why they resort to name calling... beats rcw1, perhaps they both need a rum ha ha ha ha ha ha ha and lots of it ha ha haMusk called Navarro a "moron" , and "dumber than a sack of bricks."
In response to being called a "car assembler."
Excellent. Division within the ranks leads to more chaos and volatility.Musk called Navarro a "moron" , and "dumber than a sack of bricks."
In response to being called a "car assembler."
Nah, elon has his ear.Excellent. Division within the ranks leads to more chaos and volatility.
Last time it was Vivek and he ended up being dismissed. Will the same happen to Elon?
but then the EU probably doesn't have the cash in US dollars either ( without borrowing or delaying other payments )$350 billion.
So at current prices that's 5.8 billion barrels of crude oil or it's 31.8 exajoules of LNG.
It'd be somewhat amusing if the EU said yep, OK, and we'll take physical delivery of that right now.
The US simply doesn't have that on hand, at least not at the moment they don't.
Also, on this topic, remember back at the start of trump's first term when he just kept dismissing people (and even dismissing their replacements) almost constantly? Or they'd just quit in frustration?Last time it was Vivek and he ended up being dismissed.
Ah Mr @qldfrog I am most certainly aware of all the points you raise. For Me and She we could sell our farms tomorrow and not have a worry in the world ever again.@farmerge , very seriously TDS is a thing
Trump disorder syndrome.
I am not going to even discuss each of the moronic ABC or worth News ltd attack point but:
Trump has been elected,we did not vote and he is there trying to , at least in his mind, helps his country by following an economic policy which is different from what has been going on for 20y and proven to fail and usually adding a new war every 5 years
Look at facts.
Overnight, with a hardly noticeable 10% tariff, we in Australia have been given a royal treatment increasing our advantage 20% overnight on most of the other US trading partner.
Where where you when China imposed punitive barriers punitively , specifically on Australia and on, in the last 5 years , our
Barley, seafood, wine, coal and even travel of our foreign uni students
You are a farmer, not a 20y old social drama uni student , have a serious life experience and should know better, honestly and said without anger
Stop your drip feed of TDS propaganda and you will feel better , lower blood pressure and your wallet will be thankful as you will see opportunities as well.
If you want to feel anger and fight, just drove to town or look at economic figures for Australia in the last decades,the least we have to sorry is Trump.
it was green early in the trading day over there , which mildly surprised me , at the timeAnother very red night. Another complete lack of surprise.
And Trand / or this:::
Trump warned the EU it must spend $350 billion on US energy to qualify for tariff relief.
Nordstream? Nein danke
it was green early in the trading day over there , which mildly surprised me , at the time
He has blinked a bit. It's going to be targeted.Looks like Trump has confirmed 104% tarrifs on China lmao
if really pushed i would expect China to stop all ( direct ) trade between China and USHe has blinked a bit. It's going to be targeted.
Some things the USA needs they don't make.
China is licking its lips. The deals made by Biden with Japan, South Korea and Europe to limit China will likely be breached.
Why back down? Xi will only get one Trump in his lifetime
Donald Trump has threatened China with another 50-percentage point increase in tariffs unless it removes its own tariffs.www.theage.com.au
i think there is a ( real ) recession already ( in most of the developed world ) will it tip into a depression ?This tariff hoo ha is getting just a bit overdone in relation to markets. Past Democrat presidents have imposed tariffs on China and each administration has been burdened by China swamping the US with cheap goods. They do it to Australia as well. Trump is just being Trump. China is China and Australia has Albo and Dutton, what a choice !
The US markets have been trading on unrealistic p/e's for the past 18mo. to 2 years. A correction was imminent. We now have it. I might change my mind about sitting this out and consider buying US stocks should they drop just a bit further.
Everyone just needs to calm down. There may be a recession for a short period of time but a crash ... no, nor a depression... no.
gg
You're panicking Divsie, pure panic. @divs4ever .This tariff hoo ha is getting just a bit overdone in relation to markets. Past Democrat presidents have imposed tariffs on China and each administration has been burdened by China swamping the US with cheap goods. They do it to Australia as well. Trump is just being Trump. China is China and Australia has Albo and Dutton, what a choice !
The US markets have been trading on unrealistic p/e's for the past 18mo. to 2 years. A correction was imminent. We now have it. I might change my mind about sitting this out and consider buying US stocks should they drop just a bit further.
Everyone just needs to calm down. There may be a recession for a short period of time but a crash ... no, nor a depression... no.
gg
Would the have the logistics to move that amount of gas, from the U.S to Europe?$350 billion.
So at current prices that's 5.8 billion barrels of crude oil or it's 31.8 exajoules of LNG.
It'd be somewhat amusing if the EU said yep, OK, and we'll take physical delivery of that right now.
The US simply doesn't have that on hand, at least not at the moment they don't.
If China did that, it would definitely accelerate the whole process, the U.S as per Musk's quote, would probably open a free trade agreement with the U.K and Europe.if really pushed i would expect China to stop all ( direct ) trade between China and US
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