Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: It looks like the sell off is picking up steam [View all]DemocratSinceBirth
(101,932 posts)33. It really was an honest mistake.
You said nobody can predict the market and you are right but I would add that if a trade war really comes to fruition I would be willing to wager the markets will end on a down note and if China invokes the nuclear option and starts selling the US bonds it holds things will get very ugly.
China is a face culture. That's why despite coming out of their own revolution and being dirt poor they confronted us when we crossed the 53rd Parallel in Korea during the Korean Conflict. Trump thinks because he rolled Merv Griffin over an Atlantic City casino he can roll President Xi Jinping.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
41 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
I am sad that you would denigrate a denizen of this board for having the temerity...
DemocratSinceBirth
Apr 2018
#26
I am sad that a denizen of this board is so divorced from reality that they think a 7000-9000 drop
onenote
Apr 2018
#27
China has a largely command economy and an authoritarian political system.
DemocratSinceBirth
Apr 2018
#37
There is no way Xi Jinping can blink. That is the only thing that can derail his presidency for life
DemocratSinceBirth
Apr 2018
#40
well you know, instability can trigger a market crash, what is your prognosis IF china
beachbum bob
Apr 2018
#41
And the safest prediction in the world is that most DU bets will be wrong.
LanternWaste
Apr 2018
#39