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Bring me some tariffs!

Discussion in 'BBS Hangout: Debate & Discussion' started by Carl Herrera, Aug 27, 2017.

  1. Andre0087

    Andre0087 Member

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    How are we borrowing money from China?
     
  2. NewRoxFan

    NewRoxFan Contributing Member

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  3. Andre0087

    Andre0087 Member

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    " If the Chinese suddenly decided to call in all of the federal government's obligations (which isn't possible, given the maturities of debt securities), it is very likely that others would step in to service the market. This includes the Federal Reserve, which already owns more than three times as much debt as China."
     
  4. NewRoxFan

    NewRoxFan Contributing Member

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    Yes? But you asked how the United States was borrowing money from China, no?
     
  5. Andre0087

    Andre0087 Member

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    Fair enough I guess.
     
  6. Amiga

    Amiga I get vaunted sacred revelations from social media
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    And by now... nearly everyone knows how best to take adv of the art of the deal maker

    - for something solid in return, give him some talking points
    - for something solid in return, give him some good feelings (praise him privately and publicly, give him a safe space with no triggers, sent him a nice letter or a gift, ... )
     
    FranchiseBlade likes this.
  7. NewRoxFan

    NewRoxFan Contributing Member

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    And his demands get lamer and lamer... his latest threat to china is he increases tariffs if xi doesn't meet with at at the upcoming G20.

    Trump: If President Xi does not attend G-20, more China tariffs will go into effect immediately
    https://www.cnbc.com/2019/06/10/tru...-tariffs-will-go-into-effect-immediately.html
     
  8. SamFisher

    SamFisher Contributing Member

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    If they don't bring me a diet coke when I press that red button on my desk, more tariffs!
     
    mdrowe00 and FranchiseBlade like this.
  9. mdrowe00

    mdrowe00 Member

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    :D...I actually think it's not a bad thing (all things considered) that the Donald is so easily distracted by shiny things (or one-armed tariff deals)...

    ...that he's shied away from the tried-and-true logic of the "...that's what the nukes are for ..." negotiation tactic he "used" with the illustrious leader of the North Korean empire.

    ...I suppose it's best to keep the radiation fallout from the Donald's tenure as localized as possible...:);)
     
  10. Dubious

    Dubious Contributing Member

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    The funny thing to me about the GOP not revolting on Tariffs is that they are basically consumption taxes, slowing the World economy and doing a small service for Climate Change. People might get used to less conspicuous consumption if what was cheap and disposable becomes less cheap.
     
  11. adoo

    adoo Member

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    history repeats itself, it is certainly the case w Donald Trump

    thru his own admission,

    he had lost sight of the ball which led to the bankruptcy of his much ballyhoo casino
    his actions, thus far in the trade war w China, indicate that he doesn't know, nor cares, about economic pockets where the US is vulnerable
    Trump's comment about Xi's attendance is another shiny object to divert attention away from US's economic vulnerabilities

    Meanwhile, China has stopped buying soy beans from the US, and is planning to stop supplying "rare earth" materials to the US
     
  12. Amiga

    Amiga I get vaunted sacred revelations from social media
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  13. Amiga

    Amiga I get vaunted sacred revelations from social media
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    Maybe Trump isn't aware of any of those previous protocols? Wouldn't surprise me.

    Whatever the case, the bullying and I'll hurt you (even if it hurts me) tactic that is his mojo and literally the only thing he knows and knows well in deal making, should have a much better chance of working against weak party and government. This is why initially it seems possible that he did get those concessions. It extremely unlikely to work against someone like Xi or another dictator, who could choose to simply ride it out.
     
  14. WNBA

    WNBA Member

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    Apparently Trump had planned a beautiful walking-out ...
     
  15. Cohete Rojo

    Cohete Rojo Contributing Member

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  16. sirbaihu

    sirbaihu Member

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    Andre0087 likes this.
  17. No Worries

    No Worries Contributing Member

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    Are you suggesting that @Cohete Rojo put his money where his mouth is?
     
  18. Andre0087

    Andre0087 Member

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  19. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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  20. adoo

    adoo Member

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    for the education of Red Rocket, data from the Labor dept doesn't answer the question you posed. it's just one branch of the forest.

    you need to interpret the data / announcement from the Fed; it's the whole forest

    we now know why, on Tue, 4 Jun 2019,the Fed Chair made this "anti-recession" announcement, hinting that
    the Fed may cut rates in order to counteract the recessionary forces induced by Trump's ever-expanding tariff follies


    newly published lagging economic indicators of recession, the basis for the Fed chair's "anti-recession" announcement
     
    #340 adoo, Jun 11, 2019
    Last edited: Jun 11, 2019

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