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re: Is China More Powerful than we thought?
Posted on 4/22/25 at 12:08 pm to John Barron
Posted on 4/22/25 at 12:08 pm to John Barron
quote:
Just yesterday I was told China was on the verge of collapse
2 things
1. Don't believe (and repost) every stupid thing you see on X
2. Complete collapse of China would NOT be a good thing for the U.S.
1
Posted on 4/22/25 at 12:09 pm to John Barron
quote:No
Is China More Powerful than we thought?
Posted on 4/22/25 at 12:13 pm to TigerMan327
There’s only 1 and the powers that be have known it for a very long time.
Posted on 4/22/25 at 12:14 pm to John Barron
quote:
Bessent is coming out with this statement of surrender?
Where did he say this? Quote in OP does not suggest this. It could easily mean Chinas situation is unsustainable and he sees them coming to the table
Posted on 4/22/25 at 12:15 pm to Powerman
2 Things:
1. Are you denying Scott Bessent made this statement that is being reported by every news outlet and was first reported by Bloomberg?
2. I never said complete collapse of China would be a good thing. Bessent calling the China situation unsustainable because his Wallstreet buddies are complaining to him after the market sold off 1000 points yesterday is also not a good thing. Xi Jinping is currently sitting back laughing his arse off right now. We look weak
1. Are you denying Scott Bessent made this statement that is being reported by every news outlet and was first reported by Bloomberg?
2. I never said complete collapse of China would be a good thing. Bessent calling the China situation unsustainable because his Wallstreet buddies are complaining to him after the market sold off 1000 points yesterday is also not a good thing. Xi Jinping is currently sitting back laughing his arse off right now. We look weak
Posted on 4/22/25 at 12:16 pm to TigerMan327
quote:The timeline to a deal in Bissent's opinion ... as much as 2-3yrs. That's the cave?
Is the endgoal not to de-escalate and get a deal done or what? Do yall think we are going to just 245% tariff them until the end of time?
Posted on 4/22/25 at 12:17 pm to John Barron
quote:
1. Are you denying Scott Bessent made this statement that is being reported by every news outlet and was first reported by Bloomberg?
Sorry if I wasn't clear. I'm referring to you believing that China was "on the verge of collapse" because you no doubt read it on X or here. And have literally no ability to think of things that don't exist in either place.
quote:
2. I never said complete collapse of China would be a good thing. Bessent calling the China situation unsustainable because his Wallstreet buddies are complaining to him after the market sold off 1000 points yesterday is also not a good thing. Xi Jinping is currently sitting back laughing his arse off right now. We look weak
I doubt he is laughing so much as he is scratching his head and thinking that all of this is a huge waste of time
Posted on 4/22/25 at 12:19 pm to John Barron
just because a tweet says BREAKING, doesn't mean its actually news
Posted on 4/22/25 at 12:21 pm to John Barron
I will state... I don't trust any of these video's we see of China being impacted [though I hope they are true]. One of the things I've been pleased with, this time around, is Trump seems to hold course. You can't trust anything from China.
And Trump is fighting against the opposition party and the MSM, which is just as bad, and are both right now are in China's pocket, because OMB.
I want to see our country not getting abused on the world stage. We've been everyone's policeman and everyone's bank all of my life.
And Trump is fighting against the opposition party and the MSM, which is just as bad, and are both right now are in China's pocket, because OMB.
I want to see our country not getting abused on the world stage. We've been everyone's policeman and everyone's bank all of my life.
Posted on 4/22/25 at 12:29 pm to John Barron
quote:
China can smell the blood in the water. J
That's an idiotic take from this headline.
Zerohedge
quote:
Chinese Plastics Factories Face Mass Closure As US Ethane Supply Evaporates
quote:
The world’s dominant plastics manufacturer gets almost all its ethane, a petrochemical feedstock that is also a component of natural gas, from the US. But eye-watering tariffs on American goods mean plants that cannot process substitute raw materials will bleed money; their only alternative is to mothball production for the near (or not so near) future.
Posted on 4/22/25 at 12:31 pm to Powerman
quote:
Treasury Secretary Scott Bessent told investors in a closed-door meeting Tuesday he expects “there will be a de-escalation” in President Donald Trump’s trade war with China in the “very near future,” a person in the room told CNBC.
“The next steps with China are, no one thinks the current status quo is sustainable” with tariff rates at their current levels, Bessent said at a private investor summit in Washington, D.C., hosted by JPMorgan Chase.
Stocks, already recovering from the prior day’s sell off, soared higher after Bessent’s remarks were first reported.
Bessent said he believes that the prospect of de-escalation between the economic superpowers “should give the world, the markets, a sigh of relief,” according to the person in the room.
Bessent also insisted that, despite the U.S. ratcheting up tariffs on Chinese imports to 145% and China retaliating with 125% duties on American goods, the goal of Trump’s policy “isn’t to decouple.”
The U.S. Cabinet secretary noted that negotiating with China is likely to be “a slog.” But neither side “thinks the status quo is sustainable,” Bessent added.
This is breaking news. Please check back for updates.
Read more CNBC politics coverage
Here's the background story. Nothing about caving.
Posted on 4/22/25 at 12:32 pm to John Barron
What’s your deal with China? You’re always posting weird articles about chinas dominance over the US.
Posted on 4/22/25 at 12:34 pm to John Barron
quote:
I never heard this. Where did you see this
They are good friends. This is well known. The meet daily.
Posted on 4/22/25 at 12:35 pm to John Barron
Why is he saying such important things behind closed doors to private investors?
Posted on 4/22/25 at 12:36 pm to bbvdd
quote:
That's an idiotic take from this headline.
If that statement is correct why is our Treasury Secretary coming out with a statement of surrender saying he expects descalation and the situation with China is unsustainable. I tell you why, because his WallStreet buddies want to hear it. China will see this as weakness and will be less inclined to negotiate now
Posted on 4/22/25 at 12:37 pm to John Barron
Xi blinked first but nobody could tell.
Posted on 4/22/25 at 12:39 pm to John Barron
quote:
Is China More Powerful than we thought?
Was this plan more stupid than we thought?
Posted on 4/22/25 at 12:42 pm to SlowFlowPro
quote:No
Was this plan more stupid than we thought?
Posted on 4/22/25 at 12:42 pm to John Barron
quote:
So it looks like Bessent caved to China.
Lack of reading comprehension on your part, I see
Whats happening in China is unsustainable. For them. Not us
Posted on 4/22/25 at 12:43 pm to bigjoe1
quote:Does anyone know what the goal is at this point?
Bessent also insisted that, … the goal of Trump’s policy “isn’t to decouple.”
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