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1
Posted on 4/18/25 at 12:47 pm to GumboPot
Good video.
Posted on 4/18/25 at 12:57 pm to RollTide4Ever
quote:
Reality sucks
As do your opinions on a horrible Chinese economy.
Posted on 4/18/25 at 1:09 pm to GumboPot
I’ll say this: As devastating as this is for China…if they can somehow rebound with a more balanced economy less reliant on deception, IP theft, and manufacturing of cheap goods for export….they will be on a better, more sustainable footing in the long run. They need to be at that place soon given their demographic problem.
Most likely scenario is that they blink with the trade war with the US and end up having to replicate those deals with other countries. They will concede some things to restart some production and fall back into the same old bad habits but with more enemies, less wealth, and less GDP growth than they had before. South Korea, Japan, Malaysia, Australia, US, and Europe will grow stronger.
Most likely scenario is that they blink with the trade war with the US and end up having to replicate those deals with other countries. They will concede some things to restart some production and fall back into the same old bad habits but with more enemies, less wealth, and less GDP growth than they had before. South Korea, Japan, Malaysia, Australia, US, and Europe will grow stronger.
Posted on 4/18/25 at 1:36 pm to RollTide4Ever
quote:
and a a currency that's being dropped like a hot potato
Posted on 4/18/25 at 2:00 pm to RollTide4Ever
quote:
Chinese will sell to next best customer or consume these goods themselves.
Well the last person that said "let them eat cake" didnt turn out so well. Nor did her handmaiden Katie.....as in bar the door.
Posted on 4/18/25 at 2:05 pm to wdhalgren
quote:
A larger part of the profits from China's production has to reach the consumers' level.
Thats tough to do when you have manipulated your currency to make exports cheaper and weakened your currency locally. And they were not working with great profit margins to begin with.
Posted on 4/18/25 at 2:06 pm to RollTide4Ever
quote:
Chinese will sell to next best customer or consume these goods themselves.
lol. USA is a third of the world’s consumption. Plants and logistics purpose-built to deliver to us. You think Europe is all of a sudden going to change to being consumer-driven like us? You think Africa, LATAM, or India and Russia are gonna step up? You think the Chinese want all this crap and can afford it? Canadians…yeah…Canadians… the country that does like 25% of their shopping in the US. The country with population of a large city?
Posted on 4/18/25 at 2:08 pm to wdhalgren
quote:
Europeans are already voicing concern about opening the floodgates of "free trade" with China.
Europe has already taken steps in the past two years to decrease trade with china. To your point, its the msm who is screaming "europe will turn to china". Cars are a backbone of their economy, why do people think they would suddenly open their market to cheap chinese electric cars. You are seeing the green deal is just a unicorn when it comes to money, all a facade.
Posted on 4/18/25 at 2:12 pm to RollTide4Ever
quote:
A consumer economy fueled by debt and a a currency that's being dropped like a hot potato. China has more consumers
Boy there are some ignorant posts on this thread. china has more debt than the US. They have more consumers, no they have more people, and they consume a lot less.
Now lets hear the ole "china thinks long term". The CCP has been in power less years than some people posting on this board. They dont think long term, thats why they cant make anything that lasts longer than five minutes.
Posted on 4/18/25 at 2:17 pm to cornerstore
quote:
It’s not rocket science. This guy here really gets it. Hope the rest of you come around at some point.
Well lets just do it, like California raising the min wage of fast food workers to 20 bucks........
16,000 lost jobs
benefits were lost
the average price of food went up 14.5%
Posted on 4/18/25 at 3:10 pm to trinidadtiger
The point is the Chinese can never let that happen. They will buck. Give it a few weeks.
Posted on 4/18/25 at 3:28 pm to GumboPot
quote:
China Observer
Pretty slanted source. China Update is my go-to. Straight news with no bias or opinion.
Posted on 4/18/25 at 3:30 pm to Tantal
quote:
slanted
you want some peepee with that coke?
Posted on 4/18/25 at 3:42 pm to wdhalgren
quote:
China will have to sell a lot more to their own people, which means they have to raise wages so more people can afford their own products.
So runaway inflation.
Ford promoted a small amount of people into the middle class.
This is Zimbabwe level.
Posted on 4/18/25 at 4:09 pm to NC_Tigah
Despite all this China trade war talk I can buy more Chinese Yuan with one dollar than I ever have. 1 dollar = 7.3 Chinese Yuan right now. Back in October I could only get 7 Chinese Yuan with 1 U.S. dollar.
Posted on 4/18/25 at 4:10 pm to RollTide4Ever
RollTide4Ever
Are you on drugs or are you just a retard.
You can’t actually believe the stuff you are posting here.
Are you on drugs or are you just a retard.
You can’t actually believe the stuff you are posting here.
Posted on 4/18/25 at 4:26 pm to RollTide4Ever
quote:
Chinese will sell to next best customer or consume these goods themselves.
No. They'll sell them to us after paying a reduced tariff that is eventually negotiated and they will sell it cheap to get some cash flow before they go bankrupt. Prices come down without true deflation. America wins. China loses.
Posted on 4/18/25 at 4:26 pm to wdhalgren
quote:
China will have to sell a lot more to their own people, which means they have to raise wages so more people can afford their own products
People think china is filled with middle class people who can purchase at the same pace as Americans. Even the stuff we consider cheap is expensive to a good portion of their country.
The farmers living off $2 USD a day aint looking to buy the stuff we buy.
China is absolutely screwed if America stops buying.
Posted on 4/18/25 at 4:27 pm to notiger1997
weren’t you just accusing me of being PoliBoard poster?
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