Posted on 09/08/2019 4:15:41 AM PDT by WWG1WWA
UNEXPECTEDLY!
How unexpected!
“China’s exports fall unexpectedly in August, as trade war continues to slam industrial economy!”
Fake news so early on Sunday Morning.
Amazing how China got suckered into providing us an incredible amount of tangible goods, in exchange for paper, the value of which could be wiped away at any moment.
Be quiet, now. No coded secrets so early in the morning.
““Perhaps more surprising, given repeated rounds of tariffs, is that China’s exports remain robust.”
‘They fall unexpectedly, and yet remain robust?’
Please knock off your statements of clarity and reality.
Remember how we are told that the ChiComs are long term planners, and how we will lose anytime we take any action against them.
China's gotten a free ride from the American middle class... that's ending.
Hey China! Do stupid things get painful results. Why don’t you try withholding your crap from us and see how much it hurts us vs you.
“Remember how we are told that the ChiComs are long term planners, and how we will lose anytime we take any action against them.”
In strategic business planning we have a saying, “The best long term plans will fail if there is short term bankruptcy. “
BOL!
Man plans and God laughs!
Japan once had that problem, too. They tried to solve it by trying to take over all of Asia.
China trades stuff for dollars and trades its Yuan for 1/7 of a dollar. This works as long as the Chinese keep some of the dollars. But they use the dollars to buy stuff. Oil mostly, but food and copper too. The question is, do they have a surplus or a deficit. And do they have enough cash-flow to hide their cash reserves.
Trump is betting that they have been over spending. They have been buying more than they are taking in. And if America cuts back on China trade, there will be a problem soon in China. The first thing will be a cut in the flows of money out of China. Then there could be a cut in the amount of oil imported. Or a gas price hike. And then you will see the Yuan devalue. The order of these may not be precise. But Trump is betting that China is nothing more than a very big Argentina.
China’s exports fell unexpectedly,Trump says yeah right winks.
China HAS been overspending. Even with their very questionable official numbers their debt is growing and they are doing “Stimulus” and infrastructure spending to help their domestic economy...which is doing worse than it’s been since the 1970’s.
They are trying to restrict the outflow of Capital by restricting money exchanges, foreign currency exchanges and the purchase of precious metals.
Though they have moved from classic Communism to Fascism that still only works for so long, and the ability of the central government to attempt to control everything will inevitably send them down the same road as Cuba, Zimbabwe, North Korea and Venezuela.
Central management usually means mismanagement.
Free enterprise is the most rapidly adaptive management in times of peace and turmoil.
I’m not tired of WINNING
You are relating the communist regime companies to a normal free market company responding to market reversals.
Nothing could be more foreign to their ideology than acknowlegment of reversals via labor layoffs. They are probably hoist on their own petard as it were. Look at the ‘ghost cities’ they built on the basis of ideology that were never populated as the party line dictated.
Either way they go to meet the challenge could be a historic monster move ideologically. They could reflexively decide the answer is war to keep control. Our enemy is embroiled in interesting times.
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