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re: China announced 34% retaliatory tariff in the US; Dow falls 1000 points, S&P down 2.7%,

Posted on 4/4/25 at 9:54 am to
Posted by mmmmmbeeer
ATL
Member since Nov 2014
9643 posts
Posted on 4/4/25 at 9:54 am to
quote:

That feels like quite the stretch. The analysis is sound. Countries like China are more willing to ride out economic hardship for the perceived greater good than a diverse population would do.


Or maybe it's the lack of elections?


Or are you forgetting that the US is quite literally the most prosperous country in the world, lack of homogeneity and all?
Posted by mmmmmbeeer
ATL
Member since Nov 2014
9643 posts
Posted on 4/4/25 at 9:55 am to
quote:

Illegal Immigrant


What does this have to do with anything?
Posted by Auburn1968
NYC
Member since Mar 2019
24950 posts
Posted on 4/4/25 at 10:05 am to
China is shooting itself in its foot. American manufacturing in China is already fleeing to other cheaper labor markets like Vietnam. Vietnam just dropped all of their tariffs on American goods.
Posted by Hateradedrink
Member since May 2023
3913 posts
Posted on 4/4/25 at 10:31 am to
quote:

the people of those two countries do not like each other.


This is true, and all the more reason this should give us pause.

LINK


Japan still hasn’t apologized for the rape of Nanking, but China is ready to work with Japan against U.S. tariff policy.


That should demonstrate what a colossal geopolitical frick up this has become.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28004 posts
Posted on 4/4/25 at 10:34 am to
Not

Trumps

Fault
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
35448 posts
Posted on 4/4/25 at 10:39 am to
quote:

Not

Trumps

Fault


Nothing ever is. Ever.
Posted by ronricks
Member since Mar 2021
10817 posts
Posted on 4/4/25 at 10:46 am to
quote:

What does this have to do with anything?

We have people here who have no interest in learning our language or assimilating into our culture or anything else for that matter. Heck, many of them dislike this country and the things it represents and want to 'change' it. They aren't going to support or even care about the things being discussed in this thread which is what the commentator was discussing. China, Japan, and South Korea do not have that problem. You have to be one of the stupidest motherfrickers on here. We don't need 'more' illegal immigrants. We'd save Billions by deporting every single one.
Posted by Lolathon234
Rio
Member since Oct 2022
1351 posts
Posted on 4/4/25 at 10:49 am to
I'd expect the bottom to be around 4000 for the S&P. If it goes any lower than that, there's big problems
Posted by fallguy_1978
Best States #50
Member since Feb 2018
52923 posts
Posted on 4/4/25 at 12:33 pm to
quote:

Honestly, the S&P should be trading around 5130 based on historical averages. It's not like we're in some rocket ship economic conditions or anything. I realize bull markets can go much higher, but things usually revert to the mean eventually.

Well, I didn't think we'd get there today

Screw it - I bought when we dipped down below here.
Posted by ronricks
Member since Mar 2021
10817 posts
Posted on 4/4/25 at 12:39 pm to
quote:

Or are you forgetting that the US is quite literally the most prosperous country in the world, lack of homogeneity and all?


Which direction are we trending? We are 37 TRILLION dollars in debt

So your position is we need more 'diversity' to start chipping away at that insane debt?
This post was edited on 4/4/25 at 12:41 pm
Posted by Boomer Rick
Member since Apr 2021
335 posts
Posted on 4/4/25 at 9:04 pm to
They’re willing? What choice do they have?
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
29979 posts
Posted on 4/4/25 at 10:22 pm to
quote:

Much easier for China to absorb the pain than us. Much more united country


I think a bigger factor is their willingness to pump money into their economy.
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