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Started By
Message
re: Breaking: China offers a way to eliminate US trade imbalance. HAIL TRUMP!
Posted on 1/18/19 at 1:39 pm to I B Freeman
Posted on 1/18/19 at 1:39 pm to I B Freeman
We have been selling beans to other countries that get rerouted to China at the ports. China doesn’t stop consuming beans because their biggest supplier has a tarriff slapped on them. That’s why I can’t stand all the NYT pieces that paint farmers going broke because of the trade war. If China bought direct from us maybe beans go up 30-40 cents, but the reason bean prices suck is because we grow way too much
1
Posted on 1/18/19 at 1:45 pm to I B Freeman
Would this positive news come about without tariffs?
Posted on 1/18/19 at 1:47 pm to LSUTigersVCURams
quote:
by 2024
So then they can reverse it because Trump is out of the office? Ya I am not buying that one at all...
Posted on 1/18/19 at 1:48 pm to LSUTigersVCURams
All hail the Donald J Trump!
Posted on 1/18/19 at 1:49 pm to LSUTigersVCURams
So it was foretold on 01/03/19...
Twitter for time stamps / whole thread from 01/03/19
Recent Developments:
https://abcnews.go.com/Technology/wireStory/china-exchanged-data-nasa-side-moon-60356708
Twitter for time stamps / whole thread from 01/03/19
Recent Developments:
https://abcnews.go.com/Technology/wireStory/china-exchanged-data-nasa-side-moon-60356708
quote:
China says it exchanged data with NASA on far side landing
By YANAN WANG, ASSOCIATED PRESS BEIJING — Jan 14, 2019, 6:41 AM ET
quote:
China exchanged data with NASA on its recent mission to land a Chinese spacecraft on the far side of the moon, the Chinese space agency said Monday, in what was reportedly the first such collaboration since an American law banned joint space projects with China that do not have prior congressional approval.
The space agency's deputy director, Wu Yanhua, said NASA shared information about its lunar orbiter satellite in hopes of monitoring the landing of the Chang'e 4 spacecraft, which made China the first country to land on the far side of the moon earlier this month.
Posted on 1/18/19 at 1:50 pm to 90proofprofessional
quote:"Caused something"?
caused something
What exactly was it about basic economics of the situation and 2° effect on trade balance that you don't understand?
Posted on 1/18/19 at 1:55 pm to I B Freeman
quote:
How many jobs do you think it will create? Do you know how many jobs are in the United States???
Let’s say every factory worker position creates $1 million revenue per year. And China is splitting 1 trillion over 6 years. So $167 billion per year. That means 167,000 jobs for creation of the goods. Next, include shipping jobs, customs jobs, sales jobs. Management, HR, IT, technicians, recruiters, etc all to support the newly made jobs. Janitorial services for the additional workers areas. New factories for the additional demands meaning construction jobs and engineering jobs
I’d estimate at least 200,000 additional jobs created by this proposal
Edit: forgot to add, that’s per year to ramp up to the $1 trillion total
This post was edited on 1/18/19 at 1:59 pm
Posted on 1/18/19 at 1:56 pm to ClampClampington
One link to prove that please.
It is simply not true.
Brazil and Aregentina combined produce more soybeans than the USA. 30% or so more.
Neither are carrying any abnormal inventories over yet the US is carrying a huge inventory.
Where did this fiction you and trinidad spout come from???
It is simply not true.
Brazil and Aregentina combined produce more soybeans than the USA. 30% or so more.
Neither are carrying any abnormal inventories over yet the US is carrying a huge inventory.
quote:
The Agriculture Department lowered its production and export outlook, according to a report out Thursday, and increased its inventory estimates. Projected exports were lowered by 160 million bushels to 1.9 billion for the 2018-2019 marketing year, with lower imports projected for China. Ending soybean stocks estimates came in at 955 million bushels, well above analyst estimates of around 898 million bushels.
quote:
SAO PAULO, Sept 11 (Reuters) - Brazil's government on Tuesday raised by 2 million tonnes its projection for soybean exports in the 2017/18 crop to 76 million tonnes amid strong Chinese demand, reducing the crop's end-stocks to the lowest on record.
Agricultural statistics agency Conab raised by 300,000 tonnes its projection for the country's 2017/18 soybean crop from August to 119.3 million tonnes, the second-highest output ever, but even with that increase soy end-stocks fell to 434,000 tonnes from 638,000 tonnes last month.
The report was another indication that Brazil would likely run out of soybeans before the new crop starts to reach warehouses around January, which could force Chinese soy processors to buy from the United States despite the 25 percent additional import tariff imposed by China in its trade spat with the Trump administration.
Where did this fiction you and trinidad spout come from???
This post was edited on 1/18/19 at 1:59 pm
Posted on 1/18/19 at 1:57 pm to NC_Tigah
quote:
What exactly was it about basic economics of the situation and 2° effect on trade balance that you don't understand?
It just sounded like you were saying that Trump's tariffs caused the bilateral trade deficit to skyrocket, unless you don't believe that China's slowing growth is due to them
This post was edited on 1/18/19 at 1:58 pm
Posted on 1/18/19 at 2:01 pm to thejudge
quote:
Buy up TELL and LNGLY while it's cheap.
Or go with cameronLNG and cheniere for less lucrative but more stake investment...
Shouldn't this come with a disclaimer?
Posted on 1/18/19 at 2:10 pm to 90proofprofessional
quote:China's economy has slowed.
It just sounded like you were saying that Trump's tariffs caused the bilateral trade deficit to skyrocket,
As an economy slows, consumption slows. As consumption slows, imports slow. To a lesser extent, as an economy slows, reduced domestic consumption incents search for export opportunities. Barriers to export opportunities are not helpful in that instance.
This post was edited on 1/18/19 at 2:13 pm
Posted on 1/18/19 at 2:11 pm to LSUTigersVCURams
quote:
No, it didn't. It came over the Bloomberg terminal this morning for the first time baw. But nice melt!!
"before March 1 expect Trump to declare a “triumph” in a great trade deal that will feature China’s purchase of more than a trillion dollars of additional U.S. products. In addition to purchases of additional U.S. gas, oil, and agricultural produces"
LINK
Posted on 1/18/19 at 2:12 pm to LSUTigersVCURams
quote:
U.S. stocks extended gains and the dollar rose following the news. The S&P 500 Index rallied, climbing 1.3 percent by 1:27 p.m. and heading for its fourth weekly advance, while the dollar traded at session highs.
This can't be.
IBMelting says that Trump's trade strategy with China is bad.
Posted on 1/18/19 at 2:14 pm to Upperdecker
Kudos to you for trying.
There are 129 million people working in America today according to statistics.
GDP per capita in the USA is $53,128. LINK
The population of the USA is 325 million. So 325/129 times $53128 should be a reasonable SWAG at the value of an additional job in the USA. That is 2.52*53128=$133,849.61---roughly 13.3% of your estimate of $1 million.
Why should we think these numbers will increase every year? The output is suppose to be about $1 trillion divided by 6 every year. We will not need double the labor in year 2 to do the same labor we do in year 1 will we????
There are 129 million people working in America today according to statistics.
GDP per capita in the USA is $53,128. LINK
The population of the USA is 325 million. So 325/129 times $53128 should be a reasonable SWAG at the value of an additional job in the USA. That is 2.52*53128=$133,849.61---roughly 13.3% of your estimate of $1 million.
Why should we think these numbers will increase every year? The output is suppose to be about $1 trillion divided by 6 every year. We will not need double the labor in year 2 to do the same labor we do in year 1 will we????
This post was edited on 1/18/19 at 2:21 pm
Posted on 1/18/19 at 2:16 pm to NC_Tigah
quote:
China's economy has slowed.
As an economy slows, consumption slows. As consumption slows, imports slow.
All wrong.
The growth in the Chinese economy has slowed. As the growth in consumption slows, the growth in imports slow.
This post was edited on 1/18/19 at 2:17 pm
Posted on 1/18/19 at 2:18 pm to member12
I have been telling you since summer the decline in the stock market was trade related. It stands to reason a resolution to the trade war would move the market up.
Maybe if the tariffs disappear we can get back to the September highs by the end of February and the damage this trade war has done to the retirement accounts of American will be recovered.
Maybe if the tariffs disappear we can get back to the September highs by the end of February and the damage this trade war has done to the retirement accounts of American will be recovered.
This post was edited on 1/18/19 at 2:19 pm
Posted on 1/18/19 at 2:19 pm to tigerfoot
The positive news is that the trade war may end.
Posted on 1/18/19 at 2:20 pm to I B Freeman
quote:
I have been telling you since summer the decline in the stock market was trade related
The rest of the world thinks it was monetary policy.
Posted on 1/18/19 at 2:21 pm to I B Freeman
quote:
The positive news is that the trade war may end.
Did you think the goal was to have it continue in perpetuity?
Posted on 1/18/19 at 2:22 pm to I B Freeman
quote:
China's economy has slowed.
quote:
All wrong.
The growth in the Chinese economy has slowed
Whatever you say. 
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