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Posted on 3/22/20 at 5:19 pm to bamarep
quote:
WAS ran by global leftist elites
It still is. Even here. Trump is the outlier and at best we only have 4 more years of him.
Posted on 3/22/20 at 5:20 pm to bamarep
Unless corporate greed magically disappears China will be just fine unfortunately.
Posted on 3/22/20 at 5:20 pm to bamarep
I honestly hope that China goes bankrupt and their entire population starves to death.
Posted on 3/22/20 at 5:22 pm to bamarep
As much as I’d like our dependence on China to diminish you know as well as I do that we have an extremely short attention span plus we’ll need cheap stuff to stock our shelves again. It’ll be business as usual.
Posted on 3/22/20 at 5:22 pm to Sput
quote:
Don’t worry about China, our bought and paid for politicians will probably bail them out first
I would like to believe that there will a be a day reckoning for those individuals when said dust settles. The MSM as well.
Posted on 3/22/20 at 5:23 pm to DavidTheGnome
Essential supply production will be brought back stateside.
You can take that to the bank.
You can take that to the bank.
Posted on 3/22/20 at 5:37 pm to bamarep
quote:
Essential supply production will be brought back stateside.
You can take that to the bank.
Unless mandated to do so - which they won’t be - companies aren’t going to pass up the profit that comes along with cheap labor and no regulations. The incentive just isn’t there for them to move back to the US even if it would be the smartest move for the country as a whole. Companies are only worried about their financial statements and quarter to quarter, they don’t care about the long term impact it has on society.
Posted on 3/22/20 at 5:40 pm to bamarep
We will just change owners as our sellouts will just see it as a buy low opportunity on China.
Posted on 3/22/20 at 5:46 pm to bamarep
no china will just slash prices dramatically to keep things going
i do hope there is a shift away from china after all this but i think thats like 10+ years from now if and when that happens, but i do hope it does happen
i do hope there is a shift away from china after all this but i think thats like 10+ years from now if and when that happens, but i do hope it does happen
Posted on 3/22/20 at 5:46 pm to Dead End
quote:What these leftist sissies and Andrew Gillum supporters fail to realize that if a hypothetical war with the bateaters were to happen, the chinaman sympathizers will be treated just like a chinaman soldier of the CCP. Not very well
Look at the leftist defending China...
Posted on 3/22/20 at 5:49 pm to bamarep
China is the LARGEST foreign holder in US debt (Treasury Bonds, etc.). The same US debt, I might add, that will go up BIGLY with the estimated $2 Trillion Coronavirus Aid package. China will be fine.
Posted on 3/22/20 at 5:50 pm to bamarep
One of my favorite posters here....
I agree, you can take this to the bank. Anyone who buys manufactured cheap Chinese crap and sells it could be destroyed by a good advertising firm.
Not safe for American jobs/not safe for American people..... on and on but it won't mean a damn thing after a few years.
Remember when all our pets were dying from these bastards? I think China actually executed or imprisoned someone over this.
Now, all pet food is made in China.
I know there are small companies, kind of like Nana and Papa still produce pies and chicken eggs. We should honestly go back to that but then government and the FDA get in on it.
I agree, you can take this to the bank. Anyone who buys manufactured cheap Chinese crap and sells it could be destroyed by a good advertising firm.
Not safe for American jobs/not safe for American people..... on and on but it won't mean a damn thing after a few years.
Remember when all our pets were dying from these bastards? I think China actually executed or imprisoned someone over this.
Now, all pet food is made in China.
I know there are small companies, kind of like Nana and Papa still produce pies and chicken eggs. We should honestly go back to that but then government and the FDA get in on it.
Posted on 3/22/20 at 5:51 pm to bamarep
There will be pay back 
Posted on 3/22/20 at 5:52 pm to Clashmore Mike
What keeps us or any other country from saying, "your bonds/debt ownership are worth nothing given what you unleashed on the globe. You will get nothing. You need us, therefore, you. Get. Nothing."
Posted on 3/22/20 at 5:58 pm to Ollieoxenfree99
We can say this, but we won't because we want foreign investors to buy our debt.... it's beneficial to the USA. In this case, it's a Win/Win for both countries. It's all intertwined.
Posted on 3/22/20 at 6:00 pm to Clashmore Mike
Then go to other countries to buy our debt with the premise of "look what China did causing a default. We are happy to work with you, but if you frick up our economy, all bets are off."
Oh don't want to play by those rules? Then we don't need ant of your products AND we will not send aid or military assistance of any kind for any reason.
The entire world is on the US teat and the middle class pays for it. If we get hurt, they get hurt.
Oh don't want to play by those rules? Then we don't need ant of your products AND we will not send aid or military assistance of any kind for any reason.
The entire world is on the US teat and the middle class pays for it. If we get hurt, they get hurt.
Posted on 3/22/20 at 6:06 pm to bamarep
We shall see.
China didn't strategically out-maneuver the USA and buy-up the rest of the West without a long term plan to deal with contingencies for when the Gimp gets hysterical.
China will have the best lawyers in the USA and some friendly judges on their side in this fight to halt any US divestment from China.
We shall see.
China didn't strategically out-maneuver the USA and buy-up the rest of the West without a long term plan to deal with contingencies for when the Gimp gets hysterical.
China will have the best lawyers in the USA and some friendly judges on their side in this fight to halt any US divestment from China.
We shall see.
Posted on 3/22/20 at 6:08 pm to DavidTheGnome
quote:
Unless mandated to do so - which they won’t be - companies aren’t going to pass up the profit that comes along with cheap labor and no regulations. The incentive just isn’t there for them to move back to the US even if it would be the smartest move for the country as a whole. Companies are only worried about their financial statements and quarter to quarter, they don’t care about the long term impact it has on society.
Finally! A response without so much emotional posturing in it.
Posted on 3/22/20 at 6:10 pm to Ollieoxenfree99
The problem is that if China cashed in all of their bonds, interest rates would go up. Borrowing costs would go up, it would cost businesses more to borrow to expand their business (or even stay in business), jobs could be lost, etc. Trump wanted the Fed to lower interest rates for this reason (among others). Unfortunately, there are no easy solutions or ways to seek revenge against China.
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