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178
China Halts Critical Exports as Trade War Intensifies
Trump to China ,with a serious face on , Well we are going to pull all McDonalds and Starbucks out of China , China is that the best you can do ,.....your still not getting any magnets,rare earths,and other critical products... Trump whimpers.... regards Worgeordie -
13
Chinese Face Legal Action Over Dangerous Songkran Water Blasts
Such as Rule of Engagement: Water splash only on those with water gun; don't shoot the unarmed. -
14
Booze-Fueled Songkran Sparks Backlash from Non-Drinkers
I used to talk to an old Thai taxi driver at the hotel where I lived. He said that when he was a kid (probably the 1950's), Songkhran lasted for 1 day, and it was just sprinkling water on people, not buckets and water cannon. I expect that mass tourism has made it what it is today. -
146
China tells airlines to suspend Boeing jet deliveries
Desperation? It looks more like China is adapting and moving on, while the real damage is happening inside the U.S. Trump’s policies, especially his sweeping tariffs, are doing more to hurt the American economy than anyone abroad. Since January, we’ve seen business investment drop as companies freeze hiring and delay expansion. Major manufacturers are laying off workers due to rising costs and disrupted supply chains. U.S. exports are taking a hit as other countries retaliate with tariffs of their own, pricing American goods out of key markets. Wall Street is jittery, with markets swinging wildly every time a new trade threat is announced. The dollar has weakened, Treasuries are underperforming, and global confidence in the U.S. economy is slipping. Tourism is down, international students are pulling back, and consumer confidence has hit its lowest point in years. Even sectors that once thrived under open trade: tech, autos, agriculture, are now shedding jobs and facing mounting losses. So no, China doesn’t need to take down the U.S. economy. Trump’s doing it just fine on his own. -
134
How stupid is China for retaliating to Trumps tariffs?
Jeez.... And how, exactly, will the bond market freeze up? Because of interest rates that are too high. One thing causes the other. It doesn't get any simpler than that. I thought everyone realized that's how it works. I guess not. In any event, at some point, and no one yet knows what that point will be, the Fed will no longer be able to control what's happening. At current exchange rates, it would take about 41 trillion dollars to buy the US bond market. All of it. Of course, there are derivatives, which is another matter which adds another dimension entirely, and not in a good way, but even if we stick to the actual bond market, it's easy to see the problem. As the dollar weakens with increased borrowing and a loss of confidence in the dollar, the amount of dollars necessary to "buy it all" increases. Do you understand? It's not a static situation. It's fluid, and it's just a question of how long it takes. Can the Fed hold out until China folds? My bet is yes, unless China goes to war in an act of desperation. -
141
Foreign Tourist Assaults Bar Staff & Women in Pattaya Soi 6, Knocked Down in Viral Brawl
Bet you won though eh😉?
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