
RayC
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China Is Selling Dollars And Treasuries To Buy Euros And Bunds
RayC replied to BLMFem's topic in Political Soapbox
Trump's strategy seems to be working. Conflicting parties are hinting at a willingness to work together https://www.politico.eu/article/spain-pedro-sanchez-champions-china-key-eu-partner-amid-donald-trump-trade-war/ -
Trump Eyes Wave of New Trade Deals Amid 90-Day Tariff Pause
RayC replied to Social Media's topic in World News
So in a nutshell, tariffs may reduce demand and/or cause inflation and/or reduce profits. -
Lady Susan Hussey quits over remarks to charity boss Ngozi Fulani
RayC replied to Scott's topic in World News
Accusing others of playing the victim! Priceless😂😂😂 -
The Struggle for Supremacy: Can Trump Halt China’s Global Ascent?
RayC replied to Social Media's topic in World News
I don't know. Why ask me? You're the one who raised the issue. It's up to you to supply the data and put forward an argument showing why it is relevant. -
The Struggle for Supremacy: Can Trump Halt China’s Global Ascent?
RayC replied to Social Media's topic in World News
One word: Deflection. Btw: l was initially shocked to discover that such a poor, shallow piece of journalism was published in 'The Spectator'. Fortunately, I quickly realised that the source is not 'THE Spectator' but 'The AMERICAN Spectator'. You're welcome but why the LOL? Re unemployment: Maybe China's unemployment rate will increase, but then so too might the US's (and other nations') as Trump's foolhardy policies wrt international trade take effect. -
The Struggle for Supremacy: Can Trump Halt China’s Global Ascent?
RayC replied to Social Media's topic in World News
The article was written by Mark Urban, a British journalist and military historian, who is a long way from being a Chinese propagandist. The data quoted comes from reputable Western sources. The full article plus comments- which are more damning of Trump's actions than this synopsis - can be viewed here: https://www.thetimes.com/article/669bd10b-95d6-4dc6-8ad9-06e9145da1a4?shareToken=fbb0eac08330c50b1f7cd3d9db1b412a -
China tells airlines to suspend Boeing jet deliveries
RayC replied to FriscoKid's topic in Political Soapbox
What is this common situation which the EU and US share? How should the EU react in the light of the US's imposition of tariffs and anti-European rhetoric and actions? What is this shortsightedness on the European part. What price will we pay? Questions. Questions. -
China Halts Critical Exports as Trade War Intensifies
RayC replied to placeholder's topic in Political Soapbox
Given that it was Germany which broke the pact and acted with aggression towards Russia, that particular alternative scenario was never going to happen. Yes, much later. 'Empires fall' is probably a truism but a sustained period of rule by Nazi Germany would have left an Indelible mark on Europe and, no doubt, things would be a lot different today. Maybe but that is another discussion. In any event, nothing in your post negates my proposition that your original analysis was an over-simplification, which ignores the importance of the British resistance in WW2, especially during the period from June 1940 to June 1941. -
China Halts Critical Exports as Trade War Intensifies
RayC replied to placeholder's topic in Political Soapbox
A vastly over-simplistic summary. For example, while I agree that Russia was crucial in (eventually) defeating Nazi Germany, you completely ignore the fact that the UK stood alone against Germany from June 1940 until June 1941. If the UK had fallen - or sued for peace - during this period, the outcome of WW2 could have been a lot different. -
Trump Is Already Slowing Global Trade as Companies Pause Orders
RayC replied to placeholder's topic in Political Soapbox
China appears to favour a different form of negotiation. https://www.forbes.com/sites/joelshulman/2025/04/09/us-rally-at-risk-as-china-may-be-dumping-treasuries/ -
I was wondering what was the point of Trump's tariff 'strategy': So it is to cheese off the Europeans. Thanks for clearing that up for me. Anyway, I think that it's fair to say 'Job done'. The 'strategy' has also cheesed off the rest of the world as well for good measure. Oh, and caused turmoil on the world's financial markets - including the US's - and concern amongst multinational companies, many (most?) of whom are American. The 'benefits' are seemingly endless. So that's what success looks like!
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World stock markets plunge again as Trump doubles down on tariffs
RayC replied to CharlieH's topic in World News
So Trump's strategy is to (re)negotiate trade deals with +/-150 nations/ trading blocs simultaneously? Good luck with that. Far from causing nations to turn away from China, if Trump doesn't withdraw tariffs sooner rather than later, he will deliver the ASEAN countries (and others) into China's lap. -
Given that the EU bloc is the US's biggest trading partner, maybe Trump should get the best china out and invite v.d. Leyden round for tea. If not, the other China might try its' own reset of world trade. Btw: Brussels is the capital of Belgium but also where the (majority of) EU institutions are HQ'ed hence the use of Brussels to mean the EU.
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Economist magazine sounds alarm about new market 'convulsions'
RayC replied to bannork's topic in Political Soapbox
What has a poster's nationality got to do with anything? -
And?
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FTSE plummets to one-year low amid global stock market chaos
RayC replied to CharlieH's topic in World News
In the medium/ long term markets may well bounce back (unless they don't!); however, one conclusion that can be drawn now is that Trump's tariff policy has introduced unnecessary uncertainty and instability into the world's financial markets where it didn't previously exist. -
UK Hospital Terror Plotter Nurse Jailed for Life After Foiled Attack
RayC replied to Social Media's topic in World News
Just noticed this. Another example of Two-tier justice in the UK .... oh, hold on ... -
World stock markets plunge again as Trump doubles down on tariffs
RayC replied to CharlieH's topic in World News
'Nero fiddles while Rome burns', or more accurately, 'Trump plays golf while the world's stock markets implode'. -
FTSE plummets to one-year low amid global stock market chaos
RayC replied to CharlieH's topic in World News
I don't think that many people are surprised that Trump has imposed tariffs, but the expectation was that the tariffs would be targeted, both in terms of what countries and what sectors would be affected. The size of the tariffs is also much larger than expected. -
You must have missed @bannork's post explaining how the electoral process works in the EU.
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So if @bannork's explanation of the process is incorrect, can you please explain how elections to the various EU institutions do actually work. Thanks.