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Message
re: If all trade between US and China stopped.
Posted on 8/23/19 at 8:57 pm to Dawgfanman
Posted on 8/23/19 at 8:57 pm to Dawgfanman
quote:
Who suffers more? I
let's think this through....
1- Who will buy all of the inventory the USA was buying. What market out there will take the place of ours?
2- How many nations will line up to be the one to take up the new open for business market?
See what I am saying? There is zero way China can win this. None.
Nations will line up to say HEY massive arse market in the USA... WE WANT YOUR BUSINESS!!!!
WHO is left out there to absorb the china sells. They are already selling to everybody.
0
Posted on 8/23/19 at 9:11 pm to troyt37
quote:
Where did we get our rubber dogshit before then?
Hong Kong
This post was edited on 8/23/19 at 9:12 pm
Posted on 8/23/19 at 10:04 pm to Dawgfanman
Consumers.
Posted on 8/23/19 at 10:07 pm to I B Freeman
quote:
You people have very limited views of the world if you think trinkets are the main things we bring from China.
rugs and purses?
Posted on 8/23/19 at 10:07 pm to zeebo
China would not care if a million starved to death. But their would be virtually no phones and electronics. few aftermarket car parts. Over 80% of our drugs come from China. That could kill off a lot of people. No winners. But China DGAF.
Posted on 8/23/19 at 10:40 pm to Dawgfanman
China cant even feed itself. We have the rest of the world, most of which at least attempt to follow agreed upon international trade practices, waiting to take China's place in manufacturing
Posted on 8/23/19 at 11:20 pm to Dawgfanman
quote:
What about all the rare earth materials for batteries and such? Doesn’t most of that come from China?
The main one... Lithium... Look into what Standard Lithium is doing in the US.
Make up your own mind.
Posted on 8/24/19 at 1:03 am to Dawgfanman
quote:
Who suffers more? I’m not advocating this. Is it even possible for us to survive without Chinese goods or money or for them to survive without ours?
They do. Is it possible for us to survive without something we didn't have to import for the majority of our history as a nation? Of course. Now some things would happen. A lot of jobs - including manufacturing jobs - would come back to the United States. The income gap within multinational corporations between CEOs and front line workers would shrink.
Posted on 8/24/19 at 1:06 am to cajuncarguy
quote:
China would not care if a million starved to death.
Yes they do.
The last thing they want is a revolt against the government. See Hong Kong.
Posted on 8/24/19 at 1:12 am to Dawgfanman
It disgusts me that some people are more concerned with their short term portfolio than their country being eaten alive by our enemy. We need to shift all our foreign mfg to friendlier Asian nations. Many companies are starting to do this now. India is our friend and can scale up.
Posted on 8/24/19 at 3:33 am to BuckyCheese
quote:
Also, you ignore the fact China has always tariffed US products and denies any foreign entity from owning a controlling interest in factories in China.
Thanks BuckyCheese. This is so often misleading on the msm, Trumps trade war malarky. We are responding to a war they started 30 years ago and finally fired a few shots of our own.
Posted on 8/24/19 at 3:53 am to trinidadtiger
The problem for china is they cant wait to see if Trump gets reelected, companies are moving NOW, and they are not coming back. Capital investment has come to a screeching halt and all that was in USDollars, USDollars they need to fund their huge debt.
They have lost 2 million jobs, they have huge food inflation, and what the chinese people had in income was just devalued by 13%.
People forget they have been communist for only 70 years, a lot of revolutions and revolts in their history, and they wont sit still for what Xi is doing to them....see Hong Kong as a small example.
They have lost 2 million jobs, they have huge food inflation, and what the chinese people had in income was just devalued by 13%.
People forget they have been communist for only 70 years, a lot of revolutions and revolts in their history, and they wont sit still for what Xi is doing to them....see Hong Kong as a small example.
Posted on 8/24/19 at 5:16 am to Dawgfanman
Oh I can't make it with out a genuine leather belt from China that turns out to be a stiff piece of plastic dipped in dye that discolors before noon the first wearing and comes apart the second. Their junk is atrocious! They would be on their knees and quickly. Have you ever used the replacement auto body parts..jeeeze!
Posted on 8/24/19 at 5:38 am to Dawgfanman
We have a $20 TRILLION dollar economy. All these numbers I am seeing are at most a few hundred billion dollars.
Posted on 8/24/19 at 5:38 am to trinidadtiger
I’m surprised their economic numbers haven’t fallen off a cliff yet. The biggest impact that we’d feel from not trading with China would be the broader impact of a world recession brought on by China’s economy collapsing. China is already running out of stuff to tariff.
Posted on 8/24/19 at 8:14 am to jimmy the leg
quote:
quote: What about all the rare earth materials for batteries and such? Doesn’t most of that come from China?
__________________________________________________________
This was the case. They still control 80% of the market and then some. However, other sourcing options are coming online. Myanmar will be a player in this market going forward. IIRC, Japan also found a source on some remote islands. In short, if (and when) these sourcing options come about... China is fricked. The issue was a lack of captal investment needed to supply the infrastructure. I would imagine some loose change may be tossed in that direction from some major US corporations pretty soon. In short, spend enough to decrease China's production share (keep Trump and MAGA peeps happy), but not too much so as to keep China happy. Time will tell.
"China leads the world in rare earth metal production (a group of 17 chemical elements), supplying 90 percent of the export market. The United States purchases 80 percent of its rare earth metals from China, despite having the resources to produce its own supply. These metals could be extracted profitably in the United States, but are not because of our restrictive and redundant environmental regulations."
LINK
Posted on 8/24/19 at 8:21 am to Dawgfanman
quote:Was it possible for the P-51 to go from drawing bord to first prototype in 102 days? Americans can do anything they want when there are no other options. You just have to get the government out the way.
Is it even possible for us to survive without Chinese goods or money or for them to survive without ours?
Posted on 8/24/19 at 8:25 am to Dawgfanman
quote:
If all trade between US and China stopped.
We'd buy all our cheap shite and fireworks from somewhere else.
Only answer needed.
Posted on 8/24/19 at 8:54 am to PinevilleTiger
quote:
who is the next China?
Africa
Posted on 8/24/19 at 10:14 am to Skeezer
quote:
I can’t think of another president who has single handily done that to a market.
Market still up 40%. Makes this the right time to balance trade or stop trading all together with China. Is is a coincidence that Clinton, and Obama are now ultra wealthy? could it be that they turned a blind eye on the trade deficit and jobs leaving this country for a few bucks? You bet your arse they could and they did. Stay soft and see what happens to our children and grandchildren.
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