Economy The U.S-China Trade War: China said it would impose retaliatory tariffs on $75 billion in U.S. goods

Piority resources in wars tend to be natural, not manufactured in nature, which is irrelevant though, any war threatening to cut the global supply is going to escalate to nuclear and its going to mean the end of civilization.

You're joking, right? Bullets and bombs grow on trees or something?
 
Piority resources in wars tend to be natural, not manufactured in nature, which is irrelevant though, any war threatening to cut the global supply is going to escalate to nuclear and its going to mean the end of civilization.

The main problem with it is after all that there are a lot of "losers" who are being thrown to the curb because government is increasingly legislating only to please the economic elite.

Thats why Trump's trade war is popular and thats why its ultimately futile, the "blue collar factory jobs" aint coming back, you want to work in a factory you better get that engineering degree.

Hello Rodney, how have you been? :)

The hard hat being replaced by person in a white coat is perfectly fine with me and probably even preferable. The US will never reach it's 1979 manufacturing employment peak of 19.5 million again, but there's still plenty of room to grow both in terms of new creation and reshoring. It's up one million (12.8) since the low of 2010 and has really only kicked into high gear over the last couple of years.
 
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Of course. They're already here actually, protecting the Chinese drug lords in the penal system. So many Filipinos killed in the drug war, no Chinese casualties.

They're still gathering resources for war. But squeeze 'em too hard, it's not impossible for them to have a casus belli.

That sucks! and the sad thing when that happens all these corrupt politicians specially those pro China block in Manila,Davao etc, who have been for years complicit to Chinese meddling in the economy,government etc. will just go elsewhere like US,Canada and the EU.
 
That sucks! and the sad thing when that happens all these corrupt politicians specially those pro China block in Manila,Davao etc, who have been for years complicit to Chinese meddling in the economy,government etc. will just go elsewhere like US,Canada and the EU.

All successful politicians are corrupt, they can't be successful politicians without corruption, no matter how small it is. And about these wankers escaping to the First World, that's why it has to be a World War: they have to be forced into a realization that no place is safe. Glad that Trump, Xi, Duterte, Trudeau and Saud are inching towards it.
 
Hello Rodney, how have you been? :)

The hard hat being replaced by person in a white coat is perfectly fine with me and probably even preferable. The US will never reach it's 1979 manufacturing employment peak of 19.5 million again, but there's still plenty of room to grow both in terms of new creation and reshoring. It's up one million (12.8) since the low of 2010 and has really only kicked into high gear over the last couple of years.

The issue isnt employment but resentment on the poorer classes that cant afford a proper education and are thrown to the curb.

Im sure these steel workers wont be picked up by Intel or Pzifer to work at a high tech plant.
 
China has turned fuckin tail. lol. I love seeing, "to avoid angering Washington/Trump". lol. Paper tigers.


<TheDonald>"America First, you Chinese bastards!"

China : "Oh please don't hurt us, kind sir..."

China got cucked.
 
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The issue isnt employment but resentment on the poorer classes that cant afford a proper education and are thrown to the curb.

Im sure these steel workers wont be picked up by Intel or Pzifer to work at a high tech plant.

Are we really trying to frame a domestic manufacturing resurgence as a bad thing here? The US runs a fairly brutal capitalist economic system that favors upward predistribution (a very big concern of mine) but that isn't what this necessariliy is, it's just the inevitability of technological advancement that has always existed in the sector. It's actually pretty amazing that 37% of the industrialists polled by PwC speculated they would actually require more people to do jobs - skilled or otherwise - even in the face of increasing automation. Not all of the reshoring has been skilled labor.

Why U.S. Manufacturers Are Turning Their Attention to Reshoring

Reshoring Gains Traction In U.S. Manufacturing: Bringing Jobs Back They Outsourced Decades Ago To Low-Cost Countries — A Move Called Reshoring.

And Intel is actually one of the better corporations in existence in terms of their investment in the US, R&D intensity and local community presence, not to mention arguably the most indispensable American tech firm even to this day given how invaluable semiconductors are to cutting edge technology.

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China is smart with their 2025 slogan. There would be 2 decades left before all you can take from Europe are call for prayers.

Inshallah.
 
<TheDonald>"America First, you Chinese bastards!"

China : "Oh please don't hurt us, kind sir..."

China got cucked.

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https://www.bloomberg.com/amp/news/...a-backed-bid-for-chipmaker-over-security-risk

President Donald Trump blocked a Chinese-backed investor from buying Lattice Semiconductor Corp., casting a cloud over Chinese deals seeking U.S. security clearance and spurring a call for fairness from Beijing.

It was just the fourth time in a quarter century that a U.S. president has ordered a foreign takeover of an American firm stopped on national-security concerns. Trump acted on the recommendation of a multi-agency panel, the White House and the Treasury Department said Wednesday. The spurned buyer, Canyon Bridge Capital Partners LLC, is a private-equity firm backed by a Chinese state-owned asset manager.

The Trump administration has maintained a tough stance against Chinese takeovers of American businesses even as it seeks China’s help to resolve the North Korean nuclear crisis. Other deals under review include MoneyGram International Inc.’s proposed sale to Ant Financial, the financial-services company controlled by Chinese billionaire Jack Ma. The government is also examining an agreement by Chinese conglomerate HNA Group Co. to buy a stake in SkyBridge Capital LLC.

https://www.reuters.com/article/us-...rras-sale-to-chinese-state-fund-idUSKCN1G703H

U.S. semiconductor testing company Xcerra Corp (XCRA.O) said on Thursday a U.S. national security panel had blocked its $580-million sale to a Chinese state-backed semiconductor investment fund, the latest such deal to be thwarted.

The acquisition of Xcerra by Hubei Xinyan was seen as a key test of the ability of Chinese firms to acquire U.S. technology assets, because the company does not make chips itself, but provides testing equipment used in making semiconductors.

The deal’s demise comes as the Committee on Foreign Investment in the United States (CFIUS) has become increasingly skeptical of Chinese acquisitions of U.S. companies following the inauguration of U.S. President Donald Trump a year ago.

https://www.bloomberg.com/amp/news/...age-with-broadcom-block-u-s-tech-not-for-sale

With his swift rejection of Broadcom Ltd.’s hostile takeover of Qualcomm Inc., President Donald Trump sent a clear signal to overseas investors: Any deal that could give China an edge in critical technology will be swatted down in the name of national security.

Although Broadcom is based in Singapore, China loomed large over the U.S. government’s fears about a foreign takeover of chipmaker Qualcomm. That’s because Qualcomm is locked in a head-to-head race with China’s Huawei Technologies Co. over which company will dominate the development of next-generation wireless technology.

"This decision hangs a huge ‘not-for-sale’ sign on just about every American semiconductor firm," said Scott Kennedy, who studies China’s economic policy at the Center for Strategic & International Studies in Washington. "A Chinese entity doesn’t need to be anywhere near a transaction now in semiconductors for the deal to be nixed."
 
Are we really trying to frame a domestic manufacturing resurgence as a bad thing here? The US runs a fairly brutal capitalist economic system that favors upward predistribution

People managed to make a bad thing out of free trade.

If the fruits of capitalism arent properly distributed, there will always be social resentment and thats a bad thing.
 


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In the long term China is fucked. The scary part is what will happen before the demographic singularity consumes it all. All that aggressive male energy won't have enough jobs or women to be channeled in a positive way so it will express itself in increasingly ugly ways. I wonder how big the blast radius will be, and how many non-Chinese will suffer.
 
giphy.webp


In the long term China is fucked. The scary part is what will happen before the demographic singularity consumes it all. All that aggressive male energy won't have enough jobs or women to be channeled in a positive way so it will express itself in increasingly ugly ways. I wonder how big the blast radius will be, and how many non-Chinese will suffer.

Its not Arabia, the wealthy chinese will get their wives abroad and the poor chinese will get their virtual girlfriends.
 
There is already two threads on this article

And this one is easily the best in terms of content. We need more civil, informed discussion on topics and less ultra-partisan shit slinging, slogans and memes.

You're welcome to go contribute in any of the other derailed, Trump-centric threads on this subject, @MadSquabbles500 , and leave this serious discussion to others who appreciates it.

In fact, I insists. Please go.
 
Its not Arabia, the wealthy chinese will get their wives abroad and the poor chinese will get their virtual girlfriends.

I think it's crazy to assume that the coming madness will be contained within the borders of China.
 
giphy.webp


In the long term China is fucked. The scary part is what will happen before the demographic singularity consumes it all. All that aggressive male energy won't have enough jobs or women to be channeled in a positive way so it will express itself in increasingly ugly ways. I wonder how big the blast radius will be, and how many non-Chinese will suffer.

More quality content.



18:45-19:45 is very interesting

"Today courtesy of the millenials the United States is the top consuming power, and courtesy of the boomers we're the top investment power. But by 2030, we're the only consumption power and only investment power. We are in the midst of the great transition: The United States is becoming the only country in the world that can absorb global exports at the same time we have lost all political interest in doing so, and that will force catastrophic change everywhere... but here."

https://www.bigspeak.com/speakers/peter-zeihan/
 
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