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Message
China talks concessions after Trump’s tough trade moves
Posted on 3/26/18 at 9:54 pm
Posted on 3/26/18 at 9:54 pm
Ok sky is falling Never Trumpers....
Look.. and LEARN!
Your balls are small and your sack is hairless! If left to you, this nation would have turn socialist 40 years ago.
You mentality is "We can't!"
LINK
Look.. and LEARN!
quote:
Chinese Premier Li Keqiang said Monday that Beijing wanted trade talks and not a trade war with the U.S. He stressed his country’s willingness to remove barriers to American business and reduce the U.S. trade deficit with China, which is the chief demand from Mr. Trump.
“With regard to trade imbalances, China and the United States should adopt a pragmatic and rational attitude, promote balancing through expansion of trade, and stick to negotiations to resolve differences and friction,” Mr. Li told a conference in Beijing, state radio reported.
Your balls are small and your sack is hairless! If left to you, this nation would have turn socialist 40 years ago.
You mentality is "We can't!"
LINK
8
Posted on 3/26/18 at 9:56 pm to Jjdoc
Can you explain to me why trade deficits, in and of themselves, are a bad thing?
We had trade surpluses all throughout the Great Depression. Didn't seem to help one bit.
We had trade surpluses all throughout the Great Depression. Didn't seem to help one bit.
Posted on 3/26/18 at 10:03 pm to stuntman
quote:
Can you explain to me why trade deficits, in and of themselves, are a bad thing?
This is more than just a trade deficit.
quote:
We had trade surpluses all throughout the Great Depression. Didn't seem to help one bit.
Zero Correlation.
Posted on 3/26/18 at 10:04 pm to stuntman
The idea is to have it be a zero sum game every year for a multitude of reasons.
Too big of deficit or surplus is both bad. One reason China is willing to play ball. They need us and we need them to change or it will be a cluaterfrick.
Too big of deficit or surplus is both bad. One reason China is willing to play ball. They need us and we need them to change or it will be a cluaterfrick.
Posted on 3/26/18 at 10:06 pm to stuntman
quote:
Can you explain to me why trade deficits, in and of themselves, are a bad thing
Structural perpetual net deficits extract the wealth of a nation and distribute it internationally
Posted on 3/26/18 at 10:09 pm to reo45
It is a zero sum game. The trade deficit doesn't count capital inflows.
Posted on 3/26/18 at 10:10 pm to Jjdoc
quote:
This is more than just a trade deficit.
Hence, why I said "in and of themselves". Trade deficits get demonized all the frigging time for some reason. You have a trade deficit w/ your grocer. Are you worse off for it?
Posted on 3/26/18 at 10:16 pm to stuntman
In this case, YES!
We are worse off.
We are worse off.
Posted on 3/26/18 at 10:16 pm to Jjdoc
Just going to have to agree to disagree. 
Posted on 3/26/18 at 10:18 pm to Jjdoc
quote:
He stressed his country’s willingness to remove barriers to American business
Don’t get fooled or distracted by anything else. This is where the game is being played. We give China access to our markets and in return they restrict our access to their markets. They also do a poor job of protecting the intellectual property rights of American businesses. What Trump wants is a level playing field.
Posted on 3/27/18 at 1:02 am to stuntman
quote:in the case of China, it's bad because us businesses are presented with massive trade barriers to doing business in China while simultaneously being undercut at home due to chinese price manipulation and dumping. The Chinese governments compete control of their economy and their disregard for their own peoples welfare has allowed them to weaponize trade, and we have allowed them to do it so we can but sightly cheaper, poorly made crap
Can you explain to me why trade deficits, in and of themselves, are a bad thing?
This post was edited on 3/27/18 at 1:04 am
Posted on 3/27/18 at 4:45 am to stuntman
quote:
Can you explain to me why trade deficits, in and of themselves, are a bad thing?
We had trade surpluses all throughout the Great Depression. Didn't seem to help one bit.
LOL nothing like removing yourself from any further conversation by stating that you know exactly nothing about anything to do with economics.
Posted on 3/27/18 at 5:20 am to stuntman
quote:
We had trade surpluses all throughout the Great Depression. Didn't seem to help one bit.
That's like saying what's the point of having car insurance, because it cannot save your car if it gets totaled.
Posted on 3/27/18 at 5:49 am to Jjdoc
quote:
China talks concessions
Posted on 3/27/18 at 6:34 am to stuntman
quote:
We had trade surpluses all throughout the Great Depression. Didn't seem to help one bit.
Most of that "surplus" was steel and iron going to Japan, they sent it back in the form of bombs a few years later.
Posted on 3/27/18 at 6:36 am to Jjdoc
funny how the whole "negotiating from a position of strength" works out better than "rolling over and spreading your arse cheeks"
Posted on 3/27/18 at 10:26 am to bengalfan50
quote:
LOL nothing like removing yourself from any further conversation by stating that you know exactly nothing about anything to do with economics.
Do you think trade deficits crush our manufacturing or hurt our economy? If so, why has our capital stock been on a steady rise for decades?
You're calling me an economic illiterate, yet most economists agree w/ me; Trade deficits, in and of themselves, don't matter.
Again, like I linked above, you aren't looking at the other side of the equation, which is those dollars that inevitably flow back into America.
So what if China is imposing tariffs on us? That hurts THEM more than it hurts us. The one area where things do need to change, though, is on intellectual property theft.
Posted on 3/27/18 at 10:37 am to stuntman
quote:
You're calling me an economic illiterate, yet most economists agree w/ me; Trade deficits, in and of themselves, don't matter.
God I love to read the libers and rinos on this topic.
With every step you are being shown how WRONG you are and you still refuse to see it.
Posted on 3/27/18 at 10:38 am to Jjdoc
quote:
Trump breaks China
FIFY
Posted on 3/27/18 at 10:53 am to Jjdoc
Why hasn't our capital stock taken a massive hit as China has grown?
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