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the US is used to being the dominant world power , just like the Brits before them , and arrogance breeds contempt ( for others )
what if India leap-frogs the US during all this ?
the US is used to being the dominant world power , just like the Brits before them , and arrogance breeds contempt ( for others )It's the mind of a 5-year-old playing with dangerous politics.
That's what scares me the most, China is so secretive with development, who really knows how strong their military capability is and here's Trump prodding them in the eye.BUT , BUT , BUT the US is restricting the export of chips ( and chip technology ) to that very country
ironic isn't it
this tells us Chinese tech is 'good enough ' for the US to buy and use
China has the US by the electronic manufacturing short and curlies
i expect China to absolutely develop better stuff , but keep that at home and for friends ( BRICS )
remember China largely controls the critical minerals as well so the US ( and others ) will have to find and extract and PROCESS their own ,to get the quantities they need to be independent of China
educational times
One of the main problems is that Trump's opponents, the Democrats are unelectable.That's what scares me the most, China is so secretive with development, who really knows how strong their military capability is and here's Trump prodding them in the eye.
It must be a horrible situation for the US business folk to be in with all this uncertainty, that he's stirring in their local economy.
I bet many of them can't wait to get rid of him, it's only the die hard fans who have never worked in their life, shouting 'make America great again' from the hilltops.
I haven't noticed China lowering their counter tariffs. Huge win for them.It's the mind of a 5-year-old playing with dangerous politics.
China should be telling Donald, you have no more cards to play, give up while you can.
@divs4ever In this case extremely immature with tantrums thrown in for good measurehave seen some fairly mature 5 year olds ... just saying ( and they weren't my children either )
@DannyB0000 But does The Trumpet and his believers really care.U.S. consumer sentiment plunges to lowest since pandemic amid rising anxieties over tariffs
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.www.cbsnews.com
US consumer deep in the toilet
But no voter thought about what happens to your pay packet and 401K when a fool plays with the economy.One of the main problems is that Trump's opponents, the Democrats are unelectable.
Their set in stone beliefs are, open borders, transgenderism, anti-police, pro illicit drugs, dismantling of free enterprise, pro Islam, and a social security system similar to the UK. These will make the middle class and swinging voters vote Republican. They wear too many coats.
That is why the USA ended up with an oddball like Trump.
China needed reining in but I agree Trump's methods appear so far quite whacky. The Chinese are taking it seriously and there is a heightened danger they will have a go at retaking Taiwan which is a good tactic to take their population's minds off the misery of sanctions. Whether they are quickly repulsed or quickly win are the two best options for Australia imo. A world war or prolonged engagement are unimaginably bad.
gg
Hundreds of years might be a slight exageration.But no voter thought about what happens to your pay packet and 401K when a fool plays with the economy.
It's an easy way out to blame the Chinese for the national debt that's been built up over hundreds of years by the US.
They've been holding national debt since the 1800s, from the wartimes, some of it was paid back, only to borrow again.Hundreds of years might be a slight exageration.
The problems started with the Bretton woods agreement in 1958 when the US encouraged other nations to devalue their own currencies against the US dollar, thus enabling them to export more to the US and thus help their economies recover after the ravages of WW2.
It was further damaged in 1971 when Nixon killed the gold standard and confiscated everyones gold.
The chart below shows the growth of debt not so much over hundreds of years, but more like 45 years.
Mick
View attachment 197438
Graph needs to be adjusted for inflation. Last President to pay back debt was Clinton.Hundreds of years might be a slight exageration.
The problems started with the Bretton woods agreement in 1958 when the US encouraged other nations to devalue their own currencies against the US dollar, thus enabling them to export more to the US and thus help their economies recover after the ravages of WW2.
It was further damaged in 1971 when Nixon killed the gold standard and confiscated everyones gold.
The chart below shows the growth of debt not so much over hundreds of years, but more like 45 years.
Mick
View attachment 197438
they have become that , and seem to be likely to stay that way for years , i thought RFK jnr. was going to give them a choice/chance ( the Democrats )One of the main problems is that Trump's opponents, the Democrats are unelectable.
Hitler was a different class of evil than Trump like with mass murder but both blamed minority groups for the country’s problems, they both tapped into racism and bigotry in their own country and both them made to many promises to voters.But no voter thought about what happens to your pay packet and 401K when a fool plays with the economy.
It's an easy way out to blame the Chinese for the national debt that's been built up over hundreds of years by the US.
If they were so patriotic, why did they buy the Chinese goods in the first place?
Anyway, it's going to be another 4 years of shock and awe from Trump straight out of the Hitler handbook.
well Hitler was going well until he attacked Russia , instead of grabbing the Middle East oil fieldsBut no voter thought about what happens to your pay packet and 401K when a fool plays with the economy.
It's an easy way out to blame the Chinese for the national debt that's been built up over hundreds of years by the US.
If they were so patriotic, why did they buy the Chinese goods in the first place?
Anyway, it's going to be another 4 years of shock and awe from Trump straight out of the Hitler handbook.
@Garpal Gumnut And The Trumpet has his newest and best mate Putrid rubbing his grubby hands together while this fool upsets the world. All eyes are off him while his goes on.But no voter thought about what happens to your pay packet and 401K when a fool plays with the economy.
It's an easy way out to blame the Chinese for the national debt that's been built up over hundreds of years by the US.
If they were so patriotic, why did they buy the Chinese goods in the first place?
Anyway, it's going to be another 4 years of shock and awe from Trump straight out of the Hitler handbook.
all sounds fine and dandy while the yen carry trade still works , or has it just imploded348K views · 10K reactions | While the U.S. is slapping tariffs on nearly all countries in the world, Adam Dunnett, secretary general of the EU Chamber of Commerce in China, says the EU will continue the free trade frameworks at bilateral and regiona
While the U.S. is slapping tariffs on nearly all countries in the world, Adam Dunnett, secretary general of the EU Chamber of Commerce in China, says the EU will continue the free trade frameworks at...www.facebook.com
@TimeISmoney Well we can see that but can they the local yokels in the US do so. Or do they have to wait until all their products are sky high due to "The King" of the US of A.As much as the US tariffs hurt China, they're hurting its own people.
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