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Trump has finally met his match as he fights 3 unwinnable wars


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Posted
3 minutes ago, Will B Good said:

 

Only a 7% mismatch in trade, China has a booming economy and is the largest holder of US debt in the world.

 

The Chinese would be shooting themselves in the foot, but if they off loaded that debt the US would be wiped out.

 

Firstly, the Chinese cannot sell their US Treasury Bonds, as that would raise interest rates in the US and make the Yuan more expensive, the opposite of what China wants.

 

Secondly, China's "booming" is not as booming as the Chinese claim. They lie about GDP figures. The Chinese themselves admitted this long ago. In fact there is a slow down in domestic demand in China, rising unemployment, and crippling real estate crisis. The latter exacerbated by the fact that the Chinese have stupidly built housing for another 1.4 billion Chinese, which nobody wants. So now they have to demolish these empty condos, to stop the rot in house prices.

 

China is also highly dependent on foreign investment. So they can't antagonise foreign companies too much, or this investment will dry up.

 

China is a colossus with clay feet. To the extent it does overproduce, this overproduction is in itself a problem for China as we saw with the insane amount of empty housing. But also abroad many countries now fear being swamped with cheap Chinese prodcuts due to America's closed door for China. Plus, the demand for Chinese goods is limited, it is inot infinite. The world can only absorb so much Chnese low priced product.

 

So, clearly it is China that is in a worse position. The US, whose per capital purchasing power is 87000 USD or thereabouts is still vastly greater than China's 15000 USD. From the outset the Chinese market is less attractive than the American one.

 

 

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Posted
10 minutes ago, Cameroni said:

 

Firstly, the Chinese cannot sell their US Treasury Bonds, as that would raise interest rates in the US and make the Yuan more expensive, the opposite of what China wants.

 

Secondly, China's "booming" is not as booming as the Chinese claim. They lie about GDP figures. The Chinese themselves admitted this long ago. In fact there is a slow down in domestic demand in China, rising unemployment, and crippling real estate crisis. The latter exacerbated by the fact that the Chinese have stupidly built housing for another 1.4 billion Chinese, which nobody wants. So now they have to demolish these empty condos, to stop the rot in house prices.

 

China is also highly dependent on foreign investment. So they can't antagonise foreign companies too much, or this investment will dry up.

 

China is a colossus with clay feet. To the extent it does overproduce, this overproduction is in itself a problem for China as we saw with the insane amount of empty housing. But also abroad many countries now fear being swamped with cheap Chinese prodcuts due to America's closed door for China. Plus, the demand for Chinese goods is limited, it is inot infinite. The world can only absorb so much Chnese low priced product.

 

So, clearly it is China that is in a worse position. The US, whose per capital purchasing power is 87000 USD or thereabouts is still vastly greater than China's 15000 USD. From the outset the Chinese market is less attractive than the American one.

 

 

You're right about a lot of China's weaknesses. But you're wrong about purchasing power. On a pure purchasing power basis China wins by a lot.  In 2023 US GDP measured in terms of purchasing power was about 27.7 trillion. Whereas China's was 41.3 trillion.

Now it's a little more complicated than that. When it comes to purchasing goods and services from abroad, that's done in nominal terms. But internally, PPP is what's relevant. And most of China's economic activity is internal despite its formidable export sector. About 81%

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Posted
1 minute ago, jas007 said:

Aa I've said, this thing with China will be over soon. Probably within a month.  At this point, why don't you sit back, watch, and see if I'm not right.  I have pretty good sources. 

 

Can't beat Bearnaise on a fillet steak (one free of hormones and antibiotics of course)

Posted
8 minutes ago, placeholder said:

You're right about a lot of China's weaknesses. But you're wrong about purchasing power. On a pure purchasing power basis China wins by a lot.  In 2023 US GDP measured in terms of purchasing power was about 27.7 trillion. Whereas China's was 41.3 trillion.

Now it's a little more complicated than that. When it comes to purchasing goods and services from abroad, that's done in nominal terms. But internally, PPP is what's relevant. And most of China's economic activity is internal despite its formidable export sector. About 81%

 

Actually I'm very right about China's lower purchasing power per capita.

 

In terms of per capita purchasing power, the US significantly outpaces China. In 2024, the US had a GDP per capita of $86,600, while China's was $13,445 (US dollars). This indicates a much higher standard of living and buying power for the average American compared to the average Chinese citizen. While China's economy is large in overall size, its per capita income remains lower, reflecting a difference in income distribution and economic development. 

 

Those Chinese peasants JD Vance mentioned.

 

Due to the vast population of China, more than four times the US's population, the difference between these two countries is very high in terms of per capita income. The per capita income of the United States is 6.68 and 3.29 times higher than that of China in nominal and PPP terms, respectively. The US is the 6th richest country in the world, whereas China comes in at 73rd rank. On a PPP basis, the United States is in 9th position, and China is at 79th..

 

It's not even close.

 

https://statisticstimes.com/economy/united-states-vs-china-economy.php

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Posted
34 minutes ago, jas007 said:

Because China is much much weaker than the propaganda machine would have everyone believe.  There will be a deal soon..  China cannot outlast Trump, and they know it.  Just watch and see what happens. 

When Trump loses the mid terms and Europe et al turn to China!

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Posted
17 minutes ago, Cameroni said:

 

Actually I'm very right about China's lower purchasing power per capita.

 

In terms of per capita purchasing power, the US significantly outpaces China. In 2024, the US had a GDP per capita of $86,600, while China's was $13,445 (US dollars). This indicates a much higher standard of living and buying power for the average American compared to the average Chinese citizen. While China's economy is large in overall size, its per capita income remains lower, reflecting a difference in income distribution and economic development. 

 

Those Chinese peasants JD Vance mentioned.

 

Due to the vast population of China, more than four times the US's population, the difference between these two countries is very high in terms of per capita income. The per capita income of the United States is 6.68 and 3.29 times higher than that of China in nominal and PPP terms, respectively. The US is the 6th richest country in the world, whereas China comes in at 73rd rank. On a PPP basis, the United States is in 9th position, and China is at 79th..

 

It's not even close.

 

https://statisticstimes.com/economy/united-states-vs-china-economy.php

Apples and oranges!

Posted
2 hours ago, Cameroni said:

She actually did that with me. Literally begged on her knees not to throw her out. Kissed my feet. Submitted sexually in many ways. Just so she could stay in Cayman with me. All of for nothing in the end. Poor girl. 

 

  One suspects her grandchildren were a motivating factor.

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Posted
On 4/18/2025 at 12:35 PM, simple1 said:

Interesting OP...

 

It was bound to happen.

Encouraged by the ease with which many big American institutions have caved in to their demands, the Trump regime — that is, the small cadre of bottom-feeding fanatics around Trump (Vance, Musk, Vought, Miller, and RFK Jr.) along with the child king himself — have overreached.

 

 

Trump has finally met his match as he fights 3 unwinnable wars | Opinion

More garbage from msnbc.

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Posted
39 minutes ago, Cameroni said:

 

Actually I'm very right about China's lower purchasing power per capita.

 

In terms of per capita purchasing power, the US significantly outpaces China. In 2024, the US had a GDP per capita of $86,600, while China's was $13,445 (US dollars). This indicates a much higher standard of living and buying power for the average American compared to the average Chinese citizen. While China's economy is large in overall size, its per capita income remains lower, reflecting a difference in income distribution and economic development. 

 

Those Chinese peasants JD Vance mentioned.

 

Due to the vast population of China, more than four times the US's population, the difference between these two countries is very high in terms of per capita income. The per capita income of the United States is 6.68 and 3.29 times higher than that of China in nominal and PPP terms, respectively. The US is the 6th richest country in the world, whereas China comes in at 73rd rank. On a PPP basis, the United States is in 9th position, and China is at 79th..

 

It's not even close.

 

https://statisticstimes.com/economy/united-states-vs-china-economy.php

First you cite nominal figures to justify your claims for how much higher the standard of living is. Then you revert to PPP in the next paragraph. PPP is what determines standard of living. So it's 3.29 times as much. Which is not what you originally claimed.

 

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Posted
33 minutes ago, jas007 said:

That about sums it up.  

 

It never ceases to amaze me how many people just gobble up the mainstream propaganda and run with it.  Some of it is so silly, I wonder how they can really believe it. 

 

Yes, an excellent summary of the Chinese problems by this Indian professor.

 

Of course if you're reflexively anti-Trump you have to make China into an innocent victim and powerhouse, but neither is the case.

 

I really think this second trade war will see the US come out on top.

 

 

Posted
1 hour ago, Will B Good said:

 

 

They can easily outlast the US....they rule with an iron fist and can leave their people to live in abject poverty.......as much as Trump would love to able to have that power, he is nowhere near it.

 

Another month or two of trade wars and destruction of 401K's and Trump will have achieved his goal of leaving his people to live in abject poverty.

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Posted
54 minutes ago, Cameroni said:

This Indian guy is not biased, he's telling it like it is:

 

https://swarajyamag.com/economy/chinese-economy-a-fragile-giant-behind-the-roaring-dragon

 

What?  Run out of Falun Gong links?

 

 

right011.webp.361aa0b5f4188546da7c00d85c1f8e39.webp

MBFCLow.webp.2bf3a96d222a0594772a7305e1e39d0d.webp

Overall, we rate Swarajya Questionable due to poor sourcing (lack of) and the publication of right-wing propaganda. We also rate them Low for factual reporting due to numerous failed fact checks.

 

https://mediabiasfactcheck.com/swarajya/

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Posted
On 4/18/2025 at 12:35 PM, simple1 said:

the small cadre of bottom-feeding fanatics around Trump (Vance, Musk, Vought, Miller, and RFK Jr.)

 

You think that the Vice President of America and one the richest men in the world are "bottom feeders"???  🤦‍♂️

 

This gives you zero credibility.  🙄

Posted
4 minutes ago, BangkokReady said:
On 4/18/2025 at 12:35 PM, simple1 said:

the small cadre of bottom-feeding fanatics around Trump (Vance, Musk, Vought, Miller, and RFK Jr.)

 

You think that the Vice President of America and one the richest men in the world are "bottom feeders"???  🤦‍♂️

 

This gives you zero credibility.  🙄

 

Of the 6 names mentioned in that post, 4 of them have documented mental issues. The other 2 I don't know, so can't comment on their mental condition, but birds of feather ................

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