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Chitchat State of the Chinese economy on the eve of trade war.

winnipegjets

Alfrescian (Inf)
Asset
There is a bunch of clowns like Trump who think that US is still the only superpower around and that it can dictate rules and other countries will comply.

I eagerly wait to see the burst of trade war and military conflicts between Trump and PRC. Let the wars begin.
 

winnipegjets

Alfrescian (Inf)
Asset
market has stabilized as it thinks this is new normal - that trade between u.s. and china will be more fair and balanced with china succumbing to pressures and buying more u.s. products. and u.s. consumers settling with garbage products from china at higher prices. the net result is that u.s. consumers will simply shun made in china products and buy made in somewhere else products. anyway, that is already happening before the trade war. made in china products, especially clothing, shoes, bags and toys, are left on shelves unsold and retailers have to change them out for made in thailand, bangladesh, vietnam, sri lanka, etc. products. made in china stuff is associated with toxicity, poison, low quality, poor materials, poor workmanship, lack of durability, fake goods, and simply disgust from all the horror stories of injuries, deaths, cancer, safety issues, etc. good riddance to bad rubbish.

Market went up because Trump's oligarch prop up the market to help Trump. But this group is also self-serving. When the institutional investors run, the oligarch will run too. Then the drop will be substantial. If you are savvy trader, you can make loads in this volatile climate.
 
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