if i am panicking the rest of you should already be locked in your bunkers
and not deal with US$, but Yuan .....
This would further wedge China, to having to trade with the affiliated BRICS countries, to move the oversupply of inventory for less money.
Interesting times.
rum blokeif i am panicking the rest of you should already be locked in your bunkers
i have spent half my life hearing salesmen, politicians , conmen and preachers
Jesus hasn't arrived , and the current math doesn't calculate some must contain some fraud
am not so sure they would focus on UK/EU i think they would focus on South America and Africa and grab future market share from the West ( as they West won't be able to compete on price ) and even modest quality goods would be a big advancement in those nationsIf China did that, it would definitely accelerate the whole process, the U.S as per Musk's quote, would probably open a free trade agreement with the U.K and Europe.
This would further wedge China, to having to trade with the affiliated BRICS countries, to move the oversupply of inventory for less money.
Interesting times.
and not deal with US$, but Yuan ..
gold?
Sell US Treasuries ?
Send bond yields where ?
It will certainly accelerate an outcome.am not so sure they would focus on UK/EU i think they would focus on South America and Africa and grab future market share from the West ( as they West won't be able to compete on price ) and even modest quality goods would be a big advancement in those nations
i also expect China to veer towards ( slightly ) lower production of goods but ramp up the quality similar to what Japan did in the 1990's
am already looking at potential replacements for the iPhone , it doesn't have the features i want and price will have little to do with my choice .Companies like Walmart and Apple are going to be stuffed with these tariff escalations. Apple makes most of its devices in China so iPhone 16 is going to be a high end luxury item. Imagine what would happen if it was Australia vs China instead with 104% tariffs, Kmart, Big W and Target would all be very stuffed with their prices.
Big money is playing with the market, see it go higher at the start last night, most stocks were in the green in the US.Another very red night. Another complete lack of surprise.
what a unique experience / personif i am panicking the rest of you should already be locked in your bunkers
i have spent half my life hearing salesmen, politicians , conmen and preachers
I can't see Mr Chinaman even thinking about blinking.And Tr
Dow was a 1000 points up before I went to bed. Stunning turn around. China will match the Americans with 104% tariffs on them and the escalation will continue. See who blinks first.
And what about us also, some are preachers of doom and gloom, others looking for a bargain or three.what a unique experience / person
Precisely. Just imagine yourself arguing with a toddler and that's the position everyone else are in. Until they realise this fact, things are only going to get worse.Big money is playing with the market, see it go higher at the start last night, most stocks were in the green in the US.
The news on Trump's 50% tariffs was already out, it's big money sucking money out of the markets.
With Trump being so irrational and unpredictable, trying to pick the bottom is a dangerous game at this stage.
I think it's a live or die game with that fool. In another words, if he can't win the tariff war he will try to decimate economies in retaliation.
Remember, his persona is to bankrupt himself to get out of paying people.
I'd be very cautious jumping in at this stage, but still some bargains to be had, my goldies are holding up well.
I can't see Mr Chinaman even thinking about blinking.
He will be waiting forever smiling at the hurt the US of A peasantry will be suffering in the long term.
Not necessarily correlated.bond yields
Via their machinations, don't they always regardless of all else?You mean the richer are going to get even more rich in America ?
China will have SOME of their strategy totally planned and thought out , MAYBE even tried and tested with all those 'selected shutdowns ' during the virus saga .I can't see Mr Chinaman even thinking about blinking.
He will be waiting forever smiling at the hurt the US of A peasantry will be suffering in the long term.
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