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placeholder

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Everything posted by placeholder

  1. Well, maybe they did. But maybe, like you, they mistakenly consider negotiations to be a form of surrender. The Chinese have said they're willing to negotiate. But not under threat. Surrender or victory can only be judged by the ultimate outcome of negotiations. Not the fact of negotiations themselves. It looks to me like the Trump administration is already willing to settle for a fig leaf with other countries. I don't hear anymore threats about whoever comes first gets the best deal.
  2. No. A majority of US citizens didn't vote for him. In fact, not even a majority of voters voted for him.
  3. When you've got nothing, make it personal. You've got nothing.
  4. But it's not all positive news. In fact, upon reflection, I can see that it's also really sleazy news. Scott Bessent shared this news with investors at a private summit behind closed doors. Why was he addressing them and not publicly sharing this information? It's the kind of sleaziness that we've come to take for granted in the Trump administration. Does anyone think that these investors wouldn't take advantage of their advanced info and take advantage of it?
  5. Given that the Trump administration is now classifying Venezuelan drug dealers as terrorists, this increase should come as no suprise. That it's a misuse of the word should come as no surprise, either.
  6. After starting the week with a sharp selloff, stocks recovered most of their losses on Tuesday as the S&P 500 rose by 2.5%, driven by gains for blue-chip tech companies like Apple, Amazon, and Meta. The rally was triggered in part by remarks that Treasury Secretary Scott Bessent delivered at a closed-door investor summit hosted by J.P. Morgan in Washington, D.C. As first reported by Bloomberg, Bessent told the audience that he expected the tariff situation with China to de-escalate while characterizing the ongoing standoff as unsustainable. https://archive.ph/tezTK Apart from the interest in what Bessent said, there doesn't seem to much comment about the venue he said it at. Why is it accepted as OK that the Secretary of the Treasury is speaking behind closed door and giving privileged information to investors? Does anyone thinkk that they wouldn't cash in on this?This is just another instance of the sleaziness of the Trump administration.
  7. Is your case so bad that you have to misleadingly truncate quotes?
  8. BS. What I have repeatedly said is that China will outlast Trump. That they have a better hand to play. That people who think the buyer necessarily holds the upper hand, don't understand the situation. I'm going to post an article from the National Review that addresses this misconception. Also, given the very low standard offered by Bessent of what would be a satisfactory outcome, I can see the Chinese signing a memorandum of understanding in exchange for the elimination of Trump's new tariffs. A fig leaf. You consistently confuse negotiations with surrender.
  9. On chinese items tariffs have been fully set. Of course, he can and probably will change his mind many times. Yes, they are a negotiating tool. But to say you're open to compromise when the other side hasn't yet made a move, is what's called negotiating with yourself. Why should the Chinese do anything but wait and see what else he comes up with? Trump may not want that but he doesn't betray much understanding of how the trade works. For instance, he has the crazy notion that if your trade balance runs a deficit, that means you're losing and it's the fault of tariffs.
  10. He's already back down by exempting some major items from tariffs for goods coming from China. What makes you think the tariffa for China haven't been set yet? More generally Bessent says the 90 day time isn't necessarily a time limit at all before tariffs are imposed. And you're still trying to spin this into evidence that Trump hasn't blinked already?
  11. So the way to show how firm your stance is before negotiations begin is to soften the stance before your opponents even offer to sit down with you? You've repeatedly said that China would knuckle under. This is your idea of negotiating from a position of strength?
  12. And undoubtedly a welcome relief to most UK citizens.
  13. News Flash! The Illuminati have called off the Great Reset. They would rather play video games instead because it's a lot more diabolical.
  14. Wherever your expertise may lie, it's not in economics. And didn't you call for war, real war, not the figurative kind, to be waged on China?
  15. Do you eat Chinese Stilton cheese? Isn't that the kind with melamine in it? Mmmmm....melamine.
  16. Given his love for autocrats, choosing between Hitler and Stalin would certainlyl have posed a dilemma for him. Sometimes, bromance is difficult.
  17. Sure a couple of weeks after he imposes huge tariffs, he just changes his mind despite the fact that China hasn't approached the US for talks. Trump is not backing down, he's just being whimsical. I predict he's going to be a lot more whimsical before long.
  18. So the stock market crash in 1929 was no big deal, after all. Good to know.
  19. Who said China wouldn't negotiate? Consistently you seem to labor under the mistaken belief that negotiation means surrender of some sort. Also, while China said it would negotiate, it also said it wouldn't negotiate under pressure. Finally you don't seem to understand the difference between China said it would negotiate and China said it will negotiate. Also, If negotiations take place, you might want to keep from chortling until the outcome is clear. Bessent said he doesn't expect trading partners to come to a signed agreement with the 90 day deadline, now the dead 90 day deadline, but just agreements on principles. These are called memorandums of understanding and while some people say that they aren't worth the paper they're printed on, I would disagree. They are definitely worth the paper they're printed on but not more than that.
  20. What this really amounts to is an attack on Christmas. At least for many American Jews who have made it a tradition to eat Chinese food on Christmas Day. Thanks, President Grinch!
  21. The price of President Trump’s meme coin surged Wednesday after its official website and X account said the coin’s top 220 holders would be invited to an exclusive gala dinner with the president next month. The coin, called $TRUMP, briefly jumped over 70% on the announcement, before retreating. It was trading at $13.30 on Wednesday afternoon, up 50% over the past day, according to CoinDesk... The website said that the coin’s 25 top holders would also get to attend a private VIP reception with Trump and tour the White House the next day. https://archive.ph/9MRTn Not sleazy at all.
  22. So far, it looks like Trump is negotiating with himself.
  23. Trump administration considers slashing tariffs on Chinese imports to de-escalate trade tensions. Tariffs could come down to between roughly 50% and 65%; a tiered approach considered: 35% levies for items the U.S. deems not a national-security threat and at least 100% levies for strategic items. China open to trade talks but warns against negotiating under continued threats from the U.S. https://www.wsj.com/politics/policy/white-house-considers-slashing-china-tariffs-to-de-escalate-trade-war-6f875d69 Is Trump panicking much?
  24. Normal statistically speaking. But so what? It's normal to be right-handed, too.
  25. So the reason that taxes on the rich have been consistently lowered is that they otherwise would have left America?
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