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re: Forbes: China is Losing the Trade War in Nearly Every Way
Posted on 1/18/19 at 9:36 am to NC_Tigah
Posted on 1/18/19 at 9:36 am to NC_Tigah
quote:
Irrelevant. What was the US economy doing during that period. You challenge others' economic prowess here, yet conflate the DJIA with the US economy? Not a good look.
I bring that up simply because the OP did. Take it up with the Forbes contributor.
But you are correct. Even if the Chinese are lying by double their economy is still growing by about what ours is. They claim 6% growth still. Some of you seem to think they are in recession or even depression. They are not.
You are correct on the billions---I meant to type trillion. The point being their 35% decline in market value was still only about 25% fo the actual dollar decline in market value our market lost in the fourth quarter.
quote:
Please tell us you are not seriously asking that.
Yes I am and why not since you think there are winners in a trade war??---Clearly the Chinese are buying less from us--much less compared to the decline in what we buy from them.
You act like this is all happening in a void. That there are no ramifications for the US economy. Quit being so obtuse.
This post was edited on 1/18/19 at 10:37 am
Posted on 1/18/19 at 10:07 am to I B Freeman
quote:You have an odd habit of defining endpoint outcome based on midpoint perspective. In the same vein, you might well say the US lost WWII in the Pacific because, from a perspective 6months in, we'd not won a single battle.
you think there are winners in a trade war??---Clearly the Chinese are buying less from us--much less compared to the decline in what we buy from them.
You act like this is all happening in a void. That there are no ramifications for the US economy.
Of course the Chinese are buying less from us.
Part of that is due to the fact they are buying less from everyone.
That is what happens when an economy tanks!
But we also remain amidst continued punitive bilateral trade actions. So why in the world would anyone expect the Chinese to be currently buying more US products right now?
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