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To: central_va

[How does that have anything to do with tariffs?]


US megacorp access to the Chinese market (#1, #2 or #3 in the world in many large market segments) is conditioned upon low American tariffs. You might think they’re two different subjects. The Party doesn’t. Will Wynn Resorts’ and Las Vegas Sands’ Macau gaming concessions be renewed in 2020?

The point being that China can wreak havoc on the bottom lines of a good number of Fortune 500 companies. Our leverage consists of the Chinese imports we let in. Their leverage comes from their US imports some of which are of products made in red states, and their ability to completely shut out even Chinese-made American products for which there are Chinese substitutes thereby cratering a good number of S&P 500 components. Imagine the S&P 500 with 20% lower earnings. Wouldn’t that cause a 20% decline in the stock market? How’s that going to look going into the 2020 election? That’s a worst case scenario, but it’s a possibility.


18 posted on 05/13/2019 3:27:55 PM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: Zhang Fei

Your post is BS. The tariffs are only $50B. Globalist scare tactics are just that, scare tactics.


39 posted on 05/14/2019 3:54:03 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Zhang Fei

I had a couple of Delta 88’s. It was a stripped down version of the real Olds. The 98. But I was cheap or broke or both.


41 posted on 05/14/2019 4:07:59 AM PDT by anton
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