General Discussion

Johnny2X2X

(24,440 posts)

7. Trump overplayed his hand with China

Fri May 31, 2019, 10:07 AM

May 2019

China has a long term economic plan, everything they do is with this plan in mind, Trump only thinks short term.

The problem for us in dealing with China is that they have a plan in motion to dominate Africa, Asia, and Europe economically, they'd be happy if the US was a partner for them, but are fine if we're not. China's political system will allow them to bear much more pain than ours will.

So China can dump our bonds and make it tough for Trump, what they're about to do though is withhold rare earth metals from the market which will disrupt the global economy in ways people can't fully imagine.

You can be firm with China, but move forward together, that is the only way. Trump is daring them to destroy our economy and they are warning us they're about to do it.

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DOW crashing, down over 300 points [View all] Johnny2X2X May 2019 OP

Cheif Stable Genius strikes again. tanyev May 2019 #1

Been basically "crashing" all of May... Wounded Bear May 2019 #2

Exactly. It's a pet peeve of mine when the media talk only about one day changes. In the context spooky3 May 2019 #29

The Chinese are very serious and the impact is growing BSdetect May 2019 #3

Trump overplayed his hand with China Johnny2X2X May 2019 #7

China Plans a List of U.S. Firms to Block, in Answer to Trump dalton99a May 2019 #14

I think today's movement due to Trump TAX on Mexican imports: food, auto parts, consumer goods. . nt Bernardo de La Paz May 2019 #27

But the USA's Iliyah May 2019 #4

His supporters/voters absolutely believe this maryellen99 May 2019 #11

That's because the parts of the market that are stable, are that way because Obama MADE them that wa Volaris May 2019 #47

Yeah, cilla4progress May 2019 #53

Probably because of Trump's announcement re Mexican tariffs/immigration femmedem May 2019 #5

That's exactly right jmowreader May 2019 #24

Tariffs, trade wars, loss of markets for ag products, crashing of ag prices, loss of good jobs, ... Botany May 2019 #6

45 is tarriffying the country into economic flatline. ancianita May 2019 #20

He had a bad week in the news cycle about his criminal activities ooky May 2019 #8

Yep ck4829 Jun 2019 #62

My husband is a banker and he was telling me about how bad some Laura PourMeADrink May 2019 #9

Too many business leaders are still in denial about the tariffs. . yardwork May 2019 #22

Good points. Trump is like normal people Laura PourMeADrink May 2019 #37

always said, I like my neighbor .. DON'T think he should be running .. stopdiggin May 2019 #55

Great post! llmart May 2019 #50

"FAKE NEWS"! imanamerican63 May 2019 #10

Here: elleng May 2019 #12

Trump doesn't believe in international law Johnny2X2X May 2019 #13

Laws don't apply to Trump...or so Putin told him. Farmer-Rick May 2019 #16

300 points is hardly a "crash" awesomerwb1 May 2019 #15

Everytime the market drops by a couple of hundred points,someone says its crashing onenote May 2019 #18

Check out 2018. The losses in the fall more than wiped out the gains from the rest of the year. spooky3 May 2019 #35

+1 ooky May 2019 #38

It IS a crash when taken together with all of the other drops in May. This is why spooky3 May 2019 #34

By that standard, the market "crashed" several times during the last two years of Obama's presidency onenote May 2019 #40

It's certainly longer than one day, in any case, which is what the media usually focuses on. spooky3 May 2019 #46

Short sellers, profit takers, crooked leaders, something like that ... Auggie May 2019 #17

What could be very interesting for someone with mainframe access... jmowreader May 2019 #28

That's like arresting someone for speeding for driving 40.5 mph in a 40 mph zone. DFW May 2019 #19

Not everyone agrees with that standard. But even using that, we are getting close and trending down. spooky3 May 2019 #36

Even after 6% down in May, the S&P is still up 28% since the 2016 election DFW May 2019 #56

By traditional standards, on average investors should see gains of about 8% per year. spooky3 May 2019 #60

Republicans always wreck the economy Loge23 May 2019 #21

Except it took Bush eight years, Trump will do it in four. House of Roberts May 2019 #32

Everything he was warned about regarding a tariff war is coming true. Honeycombe8 May 2019 #23

it was down 400 yesterday cvoogt May 2019 #25

It was not down 400 yesterday. It was up around 30. onenote May 2019 #39

you're right cvoogt May 2019 #52

Hardly crashing, but it is teasing the bears, being near 10% down from highs; defn of bear market.nt Bernardo de La Paz May 2019 #26

Thanks republicans Achilleaze May 2019 #30

More multi-level chaos for Putin to laugh his ass off. Golden Raisin May 2019 #31

So much for he can win if he runs on the economy question everything May 2019 #33

Trump stock manipulation extvbroadcaster May 2019 #41

That's my suspicion, too. Manipulation by tweet. Someone's making lots of loot off it. Vinca May 2019 #49

Yeah ... Auggie May 2019 #51

A master of deflection and deception. magicarpet May 2019 #42

18-month trend for the US market looks less than stellar. LanternWaste May 2019 #43

As a person who watches the financial markets frequently Joe Nation May 2019 #44

SnP futures up from here to 2864 then down to 2639 masmdu May 2019 #45

Just to mark the market SnP emini currently 2762 masmdu May 2019 #48

We are waiting for our quarterly statement for the second quarter. redstatebluegirl May 2019 #54

60-40 split Johnny2X2X May 2019 #58

That is where we are and have been since Trump was elected. redstatebluegirl May 2019 #59

Right now, the only stock in the DJIA that's positive is McDonald's OnlinePoker May 2019 #57

With all due respect, "crashing" is hyperbolic nonsense. A 1% drop is not "crashing." MadDAsHell Jun 2019 #61