What we’ll see is a lot of companies moving out of China. Other southeast Asian countries suddenly become much more attractive.
How stupid would we have to be to continue to let the Chinese “mine” half a trillion dollars a year to build a military that will challenge us with our own gd money?
Jim Cramer, the man with the atomic powered mouth.
Does Cramer get anything right?
Worth a read...good facts...
Looks like Trump is right..
Basically the only thing we sell them is farm products...
except Boeing , Caterpillar and Apple
It’s a rather astounding proposition because China is such a huge trading partner, but the president has decided that our side doesn’t get hurt nearly as much as their side, and the damage will be contained to a very few companies, namely A, B and C: Apple (AAPL) , Boeing (BA) and Caterpillar (CAT) , all of which count on China’s market for growth.
While no one was paying attention, in 2017, President Trump made an trip to Asia that was quite significant.
He followed up by sending Ivanka to India.
He met with the leaders of S Korea, Taiwan, Japan, and Vietnam.
His agenda was trade negotiations.
The result is that we now have these countries eager to increase their business with us, on terms negotiated by the President, and take over the manufacture and sale of cheap crap to export. Still better, they can compete with each other.
In other words, President Trump has rendered China economically irrelevant.
As dems were, and continue to scream about how the tariffs will make things cost more, the President was playing the long game.
Art of the Deal.
A fairly lucid article from Cramer...
Both Parties are now dominated by socialists.
Is this guy an anti-Trumper? This reads so stupid.
Has anyone here made money listening to him?
It’s Kramer.
Kramer needs not be heard
To all of you who have lost your memories.....
During the campaign, Donald Trump would say CHINA, CHINA, CHINA, CHINA, CHINA.
He would talk about our bad trade deals with other countries, but “CHINA” .... was really the worst. (I should say “CH-ina”).
Hey China... we don’t need your poison pet food, or Dollar Store CRAP!
You need us more than we need you. In fact.... we don’t NEED you at all.
This guy reminds me of a WWF wrestling announcer.
Does anyone here follow him?
China already tariffs our products heavily. We tariff $250 billion of their stuff that has little to no tariff and they go and tariff $60 billion of our stuff even heavier.
It’s a ridiculous fight they cannot win.
I think Trump is trying to break the economic back of the communists in China, and that’s the focus. The younger Chinese do not want communism or war, and Trump know this and is using it to destroy communism.
The farmers always win?
Where has Jim Cramer been for the past 10 or 15 years?
China:
The new Japan of the (late?) 1930’s..?
Almost an exact historical mirror.
Pray for the health and safety of our great President, Donald Trump. These are high stakes.
F/Jim Cramer...
Cramer’s right. Whatever you think about tariffs, there will be turbulence — some “air pockets,” so to speak, early on.