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re: Trump's Relationship With Globalist and Big Wall Street & Big European Banks

Posted on 9/9/19 at 3:41 pm to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/9/19 at 3:41 pm to
quote:


Uh, does anyone doubt Trump did business with the big banks? It'd actually surprise me if he didn't, he was dealing in billions of real estate.

And I like that Trump appoints people with real world experience to his cabinets. Much better than Phd professors with no actual experience.

So knowing all this, what exactly is your point?



I agree with you. Many Trumpians here hate big banks and Wall Street and think Trump is out to hurt them with his trade deals.

It is laughable.
This post was edited on 9/9/19 at 3:49 pm
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73578 posts
Posted on 9/9/19 at 3:42 pm to
More melting from IBChinaman
Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 9/9/19 at 3:43 pm to
quote:

Many Trumpian here hate big banks and Wall Street and think Trump is out to hurt them with his trade deals.


I don't know who you are referring to, but I've seen no evidence that leads me to believe Trump is trying to "hurt" big banks through tariffs or trade deals.

There is no point in doing so.


This post was edited on 9/9/19 at 3:45 pm
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/9/19 at 3:49 pm to
You are correct but you can read the thread yesterday and see at least 10 posts of people with clearly no idea about the trade war mentioning how Trump was going to screw the Wall Streeters or the globalist that have been running this country or something to that nature. They take particular glee in believing such nonsense.

No one outside of China stands to benefit more if financial laws are loosened in China and forced partnerships are ended than Wall Street investment banks. They are chopping at the bit to invest more there.

The irony most every Trumpian here fails to grasp is that if this trade war is successful it will be huge for China. They need more foreign investment badly and they will profit immensely from tighter IP protection in their own country.
This post was edited on 9/9/19 at 3:50 pm
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73578 posts
Posted on 9/9/19 at 3:54 pm to
quote:

The irony most every Trumpian here fails to grasp is that if this trade war is successful it will be huge for China.


Then why are you crying daily about it
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/9/19 at 3:57 pm to
Because I see no reason to punish American importers and consumers for the benefit of large multinational US corporations, big investment banks and their relationships with China.

Why do you stand so adamantly with the government?
This post was edited on 9/9/19 at 4:14 pm
Posted by Zach
Gizmonic Institute
Member since May 2005
112467 posts
Posted on 9/9/19 at 3:57 pm to
quote:

I don't know why anyone thinks whatever he has done that makes him appear as a nationalist eliminates him from being a globalist.


The term is 'mutually exclusive.'
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/9/19 at 3:58 pm to
I was trying to say he has done very little in reality that would disqualify him from being a globalist.

Posted by trinidadtiger
Member since Jun 2017
13365 posts
Posted on 9/9/19 at 4:01 pm to
quote:

My gawd, how can you think a Rothschild alumnus is not a globalist??


And there it is, before we get to the second page of any thread ole IB has to throw a shot at his estranged stepdad Wilbur Ross.

Just kiddin with you IB.
Posted by Zach
Gizmonic Institute
Member since May 2005
112467 posts
Posted on 9/9/19 at 4:04 pm to
I'm saying you are totally wrong. If I made a list of 'nationalism' and a list of 'globalism' re: Trump, the difference between those two lists would be like the difference between LSU's football team vs. Minden HS. This is one of your lamest attempts.
But I'm out for the night. Have a nice day, IB.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/9/19 at 4:07 pm to
You too Zach.
Posted by trinidadtiger
Member since Jun 2017
13365 posts
Posted on 9/9/19 at 4:08 pm to
quote:

and they will profit immensely from tighter IP protection in their own country.


Its not about IP protection in china, its about them stealing it period. I can have all the trademark laws in the world in the US, it does not stop them from stealing my patent/trademark/etc and manufacturing it in china. And its the govt and govt provinces, and govt companies in chini stealing it, why on earth would they put controls in against themselves?

So you put tariffs on them til they agree to penalties whenever they violate, and they will violate and we will put the tariffs back on...at a higher level, until the nonsense stops.
Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 9/9/19 at 4:21 pm to
quote:

The irony most every Trumpian here fails to grasp is that if this trade war is successful it will be huge for China. They need more foreign investment badly and they will profit immensely from tighter IP protection in their own country.


Explain? There's a lot of assumptions here that need clarification.

What defines success in the trade war and why will this success cause more foreign investment in China?

Wait... I think I get it... Are you saying that if we force China to reduce IP theft, Chinese investment becomes more lucrative?

LOL no shite. And we want this as a country.

The tariffs aren't in place to bankrupt every other country in the world.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/9/19 at 4:25 pm to
I try not to respond to you but this is wrong

quote:

Its not about IP protection in china, its about them stealing it period


This is correct BUT they cannot sell it into the USA nor can anyone buy it from them and sell it into the USA. You don't see Chinese copied Windows on computers in the USA for example. There are millions of pirated copies of Windows in China but not here. (I can speculate as too why MSFT did not protect themselves more but I will tell you they are happy Windows is all over China even if they didn't get a penny in licensing fees)

quote:

I can have all the trademark laws in the world in the US, it does not stop them from stealing my patent/trademark/etc and manufacturing it in china.


quote:

And its the govt and govt provinces, and govt companies in chini stealing it, why on earth would they put controls in against themselves?


Why did we? Because we wanted to protect marketing dollar and research dollars spent by American companies AND MANY CHINESE COMPANIES WANT THE SAME PROTECTION.

Liu He understands this and so do a lot of privately owned companies in China. I guarantee you Huawei even though they are not private wants more patent protection in China. They are writing their own operating system now to compete with Google's Android system and I am sure they want to be protected on the OS.

quote:

So you put tariffs on them til they agree to penalties whenever they violate, and they will violate and we will put the tariffs back on...at a higher level, until the nonsense stops.

That too is about IP in China. We intend to bust their arse for stealing in the USA and we are doing that now separate from the trade war and we right to do that.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/9/19 at 4:31 pm to
quote:

Are you saying that if we force China to reduce IP theft, Chinese investment becomes more lucrative?


yes---if you start marketing a product in China to Chinese consumers you want to be better protected.

Also if forced partnerships are ended and financial laws that limit activities of foreign banks are loosened US investment banks and banks will throw billions at China.

quote:

And we want this as a country.


I am indifferent. I wish the multinationals and banks good luck but I do not think US manufacturers and consumers should be punished with tariffs in hopes of accomplishing something like this. Do you?
Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 9/9/19 at 4:34 pm to
quote:

yes---if you start marketing a product in China to Chinese consumers you want to be better protected.

Also if forced partnerships are ended and financial laws that limit activities of foreign banks are loosened US investment banks and banks will throw billions at China.


That's one of the whole reasons we want IP protection!! HAHA

If we didn't want access to the Chinese market, we'd just stop doing business all together with them.

Gawd you really do like trying to stretch things to fit your narrative
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 9/9/19 at 4:36 pm to
quote:

Its not about IP protection in china, its about them stealing it period. I can have all the trademark laws in the world in the US, it does not stop them from stealing my patent/trademark/etc and manufacturing it in china. And its the govt and govt provinces, and govt companies in chini stealing it, why on earth would they put controls in against themselves?



US companies often have to operate in China through joint ventures where Chinese partners have majority. So that's where the theft can occur. But make no mistake, it is extremely lucrative. But it would be that much more lucrative and less risky if companies could operate alone. That's what everyone wants.

Without operations in China, American producers are up against huge tariffs to import into the Chinese market. Now those tariffs have gone up even higher. This hurts US exporters pretty hard too.

That's why this is all so complicated. Tariffs are hurting American producers a lot more than consumers. China keeps devaluing currency, making American goods even more expensive to the Chinese on top of the tariffs.

Our trade gap with China is actually expanding. Hard to predict how it will play out
This post was edited on 9/9/19 at 4:37 pm
Posted by jimmy the leg
Member since Aug 2007
34141 posts
Posted on 9/9/19 at 4:39 pm to
quote:

This list is old but it gives you an idea how intertwined these big banks are in ANY Administration


FWIW, there were German Generals trying to take down the 3rd reich. Maybe these guys are trying to take down the 4th reich (aka deep state etc.).

Let me guess though...you believe that

TRUMP

IS

HITLER!!!
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73578 posts
Posted on 9/9/19 at 4:45 pm to
quote:

Because I see no reason to punish American importers and consumers


So you really only care about yourself

If you can ever answer (which you cant) on how much more on daily products the consumer is paying maybe yiu will get some credit on here


Lets not deflect and lie either. So heres your chance
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 9/9/19 at 4:47 pm to
quote:

If we didn't want access to the Chinese market, we'd just stop doing business all together with them.



Well of course that's the main goal. But a lot of Trumpkins like to repeat nonsense like "tariffs don't affect us" or "name one product that costs more"

Right now, American companies are getting hit by higher tariffs and devalued yuan. That will start to have significant effects.
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