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/biz/ - Business & Finance


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8731612 No.8731612 [Reply] [Original]

RIP American Economy.

>> No.8731817

>>8731612
sounds like trump wants to force china to stop copying/respect american patents, and maybe also to actually buy american software?

we'll see if he succeeds or not but so far he's doing better than i expected desu, he's actually pretty good at bragaining. probably going to retract if the losses actually turn out to be too big and china doesn't chicken out first.

>> No.8731830

>>8731612
how could someone so retarded get elected?

>> No.8731840

>>8731612
wapo
into the trash it goes

>> No.8731846

>>8731612
It had to come crashing down eventually considering it was also just a huge fucking bubble. Thank god someone has the balls to actually do it instead of trying to push it off as long as possible.

>> No.8731858

>>8731830
If you arent american, you wouldnt understand.

>> No.8731867

>>8731840
Can Bezos and Trump just slug it out in a boxing ring or something instead of slamming their dicks around with the entire economy? Fuck both of these faggots.

>> No.8731869
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8731869

>>8731830
I know...and we elected him twice *shrug emoji*

>> No.8731871

Purchasing power comes from production. If we don't produce we die. What would you rather do? Export fiat all over the world like we've been doing? Then when china let's go of the dollar we become a 3rd world country over night and no manufacturing capacity?

I think trump knows we are fucked and he's throwing a Hail Mary pass to bring back manufacturing to give us at least a fighting chance when the dollar implodes

>> No.8731879

>>8731612
>the washington post
Just lol, anon. Seriously.

>> No.8731880

he is literally playing poker with american population at stake...the guys is a high stakes player, ready to burn you guys for the fun of it, because no matter what he has already made it, hell just live in his luxurious sresort meanwhile you guys will be eating mud cakes

>> No.8731888

>>8731612
>implying the USA isn't made in china

>> No.8731889
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8731889

>>8731612

This is a great development.

So far China has overwhelmingly benefited from un-restricted access to the US consumer market, while providing zero value to Americans. In 30 years, so much American wealth was transferred via corporate garbage companies like Apple who outsource to China, that they elevated their population of 1 billion Chinks living in Feudal conditions, to 21st century standards.

The only people who benefited were the owners (mostly Kikes) of the corporate trans-nationals doing the outsourcing, so they can sell the same garbage to Americans, but with a higher profit margin thanks to access to Third world slave labour.

>> No.8731895

>>8731830
he obviously doesn't actually want to ban all that shit (tho he wants more of them to be made in america, i think he's somewhat realistic about that).

look at the steel tariffs. in the end practically only china is affected iirc? he wants china to stop stealing american IP, which they do shamelessly. if he can't get them he will probaly chicken out, but maybe the world would be a better place if IP was actually respected. the distribution of wealth would be more fair, even if it looks ridicolous. more people could live off designing things, from the wealth that currently goes to copiers.

>> No.8731899

>>8731612
$300 for a toaster incoming this is bullish for bitcoin

>> No.8731908

>>8731895
I don't get why he's against the free market though

this is some disgusting commie shit

>> No.8731921
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8731921

>>8731867

This is a great opportunity to pick-up overpriced American stocks, which were disgustingly overvalued.

Trump can actually use the US Postal system to fuck with Amazon, which is great, because the Postal Service is hemorrhaging money while Amazon gets to piggyback their parasitic business model on subsidized shipping rates.

>> No.8731924

>>8731908
We don't live in a free market.

>> No.8731936

>>8731612
Chinks hold all US debt. This is a fucking joke, all they need to do is sell their shit to crash US. Burgers are in no position to negotiate, chinks have them by the balls.

>> No.8731959

>>8731879
>>8731840
>I only take my news from Sinclair ™ Replicants

>> No.8731962

>>8731889
>while providing zero value to Americans

dude. chinese people working for tiny fraction of american wages, MAKING stuff that americans use and generate wealth with IS providing the US with value.

if trump actually forces stuff to be made in the US that is actually better suited to be made in asia, it will increase the prices, make less people able to buy the best tools they need and decrease the overall effectiveness of the economy

yeah, people doing menial labor will earn somewhat higher wages, but that's it. the middle class and startup-innovation will overall be fucked by the increased price of tech.

i think trump just wants to force china to stop disrespecting IP and if they did, he'd be mostly done with it. don't know how far he actually is willing to go if china doesn't bend over.

>> No.8731979
File: 47 KB, 507x449, MAGA-made-in-china.jpg [View same] [iqdb] [saucenao] [google]
8731979

'''''MAGA"" indeed

>> No.8732003

>>8731936
This is false. China only owns about 1.18 trillion of US debt. The US Public owns about 12.8 trillion.

>> No.8732006

>>8731880
C'mon Xi...we told you not to post here anymore

>> No.8732055
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8732055

>>8731612
Can this fuggn cheeto shut his pee reciprocal 4 one day

>> No.8732093

>>8732003
>>8731936
Why you posting false information anon?

>> No.8732107

>>8731908
tariffs are against the free market, but i think the goal he actually wants to achieve by threatening with tariffs probably aren't.

and if he's planning a war, strengthening domestic steel production is necessary.
tho i personally think it's more transparent with subsidiesing the steel industry. the end result is the same, everyone pays for american made steel (through taxes) whether they use it or not, so more people will use american made steel, because it will be cheaper.

however, everyone can look at the budget and see what % of their taxes is going into the steel industry. what it costs to them to have a strong domestic steel industry.


if the industry is strenghtened by tariffs, this is very much hidden.

>> No.8732122
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8732122

>>8732003
how will we ever be able to pay ourselves back

>> No.8732235

>>8732107
This is a retarded fucking strategy, if he's trying to maintain global diplomatic power.

The US influence in the Pacific shrinks every day that retard is in power.

Want to increase domestic manufacturing? Give tax breaks to domestic assemblers equivalent to the delta in manufacturing costs here vs the Pacific. Also defer taxes on any new manufacturing companies incorporated in the US.

Wins on multiple accounts:
- Manufacturing comes back at a slow and sustainable pace
- US assemblers can lower prices or keep them the same while providing the same products at the same COB.
- No shit press from tarrifs
- Slows Pacific economic growth and makes them less lucrative investment vehicles in emerging market funds

But nah man. Let's go full-on senile old retard and fucking slap tarrifs wherever and whenever because they've NEVER worked historically.

Fucking learn the Plaza accord you noobs.

>> No.8732276

>>8732235
It’s obvious you have no idea how trade with China works, it’s not free or fair trade and it never had been

>> No.8732279
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8732279

Thread theme: https://www.youtube.com/watch?v=W-ctaYR2nfg

>> No.8732290

>>8731959
>Implying it's only the "conservative" stations that follow scripts, and not literally every cable news media outlet in the country

>> No.8732317

>>8731936
>He's actually this retarded
Oh honey...

>> No.8732334
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8732334

>>8731612
for people who STILL don't understand how TRUMP's™ 5D CHESS® work:
Trump always makes an insane initial offer then allows the opponent to negotiate a deal which still rapes them in the ass but compared to the initial offer sounds like a good deal. Trump will keep this bluff until China will reach out to negotiate.

>> No.8732347

>>8731612
Whelp, gonna kiss the gains in my market accounts goodbye tomorrow. Fucking god damn it.

>> No.8732358

>>8732235
Chinese pronounce "Pacific ocean" in an odd way that can be translated as "peace not really ocean"

>> No.8732362

can you Americans stop fucking with the world? i just want my investments to grow. we were doing so fucking well up until these fucking tariffs.

>> No.8732378

>>8731959

>I get my news from a late night "comedian" bug man who reduces complex/nuanced world events to childish quips and zingers

>> No.8732394

>>8732279
In this situation, hasnt USA essentially implemented a trade blockade on themselves?
Yes they are no longer down $100bn, but it also means US companies can't get the shit they need to sell stuff abroad and at home?

How is that a win?

>> No.8732400

>>8732362

We are riding a big time trade deficit. There is literally nothing wrong with finally evening SOME of the goddamn score. This is why he won the Midwest.

>> No.8732408

>>8732334
China has no leverage, they run a debt fueled command export driven economy. America can be 100% self sufficient rather easy, China can’t feed itself

The corporate elite fucked America for higher quarterly profits, looks like those days are coming to an end

>> No.8732414

>>8732378

Man, it seems like there's just too many of those to know who you are talking about. Narrow it down to a drunk, a Brit, or a walrus.

>> No.8732417

>>8731612
Capitalism has no future anyway. Might as well accelerate its obsolescence.

>> No.8732446
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8732446

>>8732235
>'tax breaks'
>'defer taxes'

>> No.8732450

>>8732394

American consumer pays a marginally higher price, in turn there are more American jobs. It's like a tax but it doesn't involve a highly inefficient, idiotic bureaucracy, it organically fosters domestic growth. And if it causes China enough pain then they come to the table to open up their barriers more for a deal.

We are the buyers here, we hold the cards.

>> No.8732459

>>8731921
>US Postal system to fuck with Amazon
Not sure how it is in the US, but in the UK Amazon has implemented its own delivery system that is much faster than the UK mail.
The only reason amazon uses royal mail any more is for cheap shit they dont care about like cds.

>> No.8732479

Based trump gonna get rid of the fake pepe plush knockoff

>> No.8732488

>>8732408
you do realize that america is only 10% of China's food imports, which is around 15billion in 2016. conversely, china spent 507billion just on restaurants in 2016.

>> No.8732490

>>8731869
>we

>> No.8732507

>>8731612
thanks just brought another 1 trillion US national debt

>> No.8732508
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8732508

>>8731612
love trump, this dude is single-handedly saving the west. what are you pussies gonna do when he denuclearizes the Korean peninsula and gets the Nobel Peace Prize? HAHAHA

>> No.8732511

>>8731871
On paper, you're right. But we're a nation of corporations that got fat and happy off reselling cheaply made Chinese goods to American consumers, and high stock prices because of the massive profit, and paying themselves massive bonuses and salaries to the executives. You're expecting these corporations to accept less profit - and GASP cut salaries and bonuses and take a hit to the stock price, for this trade war to win in our favor.

That dog won't hunt, son. Our economy is based on buying cheap Chinese shit, at an inflated price, so CEOs can make 10,000 times more than their employees.

IF - and it's a huge honking big fucking if - this can turn the tide, it's gonna fucking hurt everyone, hard. I agree that we need to get off the cheap Chinese tit, but it's going to take down both countries - our corporations have zero interest in making anything here, and the Chinese economy is based on keeping millions of workers doing stuff in their factory/dorm lifestyle.
Plus, he's gonna gutkick the stockmarket again.

I don't have any faith in either party anymore. They're both gonna burn the whole fucking thing down, I think we passed the point of no return a while ago. If the dems are smart, they'll run someone weak against him in 20, and let him take the fall for what is probably coming. And it's gonna fucking suck for everyone.

God damn it. I hoped this shit wouldn't come until after I was dead, but I think we all get to experience some hard fucking times in the next decades.

>> No.8732523

>>8732400
fuck off, it's not a hur dur trade deficit it bad scenario. the global supply chain necessitates trade imbalances, some people are just better at producing some goods then others. you will never have a perfect 50/50 split in trade with all countries, that's retarded.

>> No.8732550

>>8732122
>pay ourselves back
you mean work forever to pay back an insurmountable 'debt' from the loans the kikes at the fed took out in our names?

>> No.8732561

>>8732511

Things have to hurt short term before they can be fixed. They just do. That's why depressions and recessions happen, there are no smooth fixes or solutions. If we progress on our path we just set ourselves up for a worse collapse.

It's similar to Brexit. It's going to hurt short term for them but better than going down with the inevitable sinking ship that is the EU.

>> No.8732580

>>8732122
We'll just borrow more money

>> No.8732592

>>8732523

Never said that faggot. There is such a thing as too much imbalance one way. We need to maintain productive capacity and a healthy amount of exports and economic balance.

China does not play on a level playing field. At the very least it's fair to levy restrictions against them in turn.

>> No.8732617

>>8731979
There were a maddening amount of fakes being sold. The real ones are made in the USA by a high quality company.

>> No.8732619

>>8732523
China was not better at production to begin with. American companies went over and taught them how to manufacture, and helped fund the factories. They did it on purpose, to cut production costs, avoid labor unions and taxes, and boost their profit margins.
And no, it will never be perfect, but it's so one-sided now, it's impossible to touch without major ramifications to both sides. The corporations here do NOT want to open manufacturing here, and China needs to keep the vast masses of their people employed.

>> No.8732626

>>8731612
and china just reciprocates, congrats now we have a trade war

if were importing shit from china it means that we voluntarily are buying that shit because its cheap, when you throw in this statist protectionism you're just saying you cant buy cheap shit you have to buy expensive shit from inefficient local comapnies

>> No.8732658

>>8732592
what fucking imbalance too much? America was making bank in the last 10 years even with trade imbalances. you have trade deficits and surplus's depending on the country and depending on the goods. people don't want your shit? make it more competitive. you have an issue with tariffs? take it up with the WTO, it's fucking there for a reason. oh that's right, i forgot to mention, more people in the world complain about USA's trade practices to the WTO then China.

>> No.8732679

>>8732626
How much would an iphone cost, if it were made in Arizona, or worse, California?

I bet around $5000.

You want to see how cheap shit is in China? Go to a site like Fasttech, or Ali Baba. They're selling direct from the Chinese factories, to customers, so they're selling at a profit.
You can find these same products in American stores at insanely hiked up prices.

>> No.8732693

>>8732235
tax breaks like what?
if american made stuff doesn't get taxed, but foreign does, it's the same as tariffs.

if their profits/salaries don't get taxed it's the same as subsidies

>> No.8732698

>>8731962

Not counting all the americans investing in corporations making stuff in China, the guy is retarded..

>> No.8732707

>>8732619
dude, i don't give a fuck how china got to the situation. the fact of the matter is china manufactures a lot of shit people buy at a price people want to pay, that's competitive. if you can't deliver the same product at a price point that people want to buy, it's inferior. it's that simple.

>> No.8732727

>>8731830
Because this country is full of heavily fluoridated drones who value triggering the 'opposition' (aka the Americans they don't agree with) over their own best interests.

>> No.8732735

>>8732658
>>8732707
You are clearly not American. The American president is going to be concerned with the safety and well-being of his people, and like other people have said, pushing for American-made products is a good long-term plan for the American people even if it comes with some dificulties.

>> No.8732764

>>8732658

We have not been making bank. Executives and corporations maybe, but not average workers. Marginal profit gains go straight to the top while middle class jobs are cut. All of our job growth meanwhile has gone to McJobs and retail bullshit. We are turning into a slave society, trade protectionism is a good development before we completely sell out.

WTO is a lame duck organization. As usual if a country wants something done they need to do it themselves

>> No.8732797

>>8732707

Bullshit. A lot of Chinese industry is subsidized by their government and isn't prone to the same regulations we are. Minimum wage, for one thing. They can fill a box full of slaves working $2 a day. It's about selling out and undercutting our own standard of living for some "cheap shit."

>> No.8732813

>>8732735
no shit im not american. i'm north of you. i'm fucking upset when things were going so well in the last 10 years and now it's all gone to shit because Americans can't and won't retrain their employees to do different and in demand jobs.

it's a fools errand, you're making every other consumer and business in america pay more for their goods just so a select few of voters can keep their jobs. american consumers save a lot of money out sourcing dirty, low paying, less skilled jobs overseas. american companies save a lot of money by buying semi-finished goods to create more complex goods to sell on the world market.

you guys are fucking up everyone just so a select few voters keep their dying industries job.

>> No.8732815
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8732815

>>8731612
Is this the plan (((they))) are using to blame Trump for the collapse?

Or is Trump literally just the first actual *real* president that is a financial genius?

conspiracy time anons

>> No.8732820

>>8732764
If you are pushing for more small business owners you are going to have to de-regulate yourselfs a bit tho. It's too hard to open a business in the US compared to other countries because there are too many requirements, which admitelly result in a more consistent higher costumer experience, but it also means you need a good amount of wealth just to start with.

>> No.8732841

>>8732813
I'm not American either, but I understeand the desire of the American people of protecting their own.

>> No.8732847

>>8732813

>a Canadian complaining about our economic prospects

That is rich. You don't even know what you're currently facing lol.

>> No.8732854

>>8731830
You're right, we should bow down and suck every Chink and Gook's dick because that's what Hillary would have done.

STRONGER TOGETHER ON OUR KNEES

>> No.8732857

>>8732797
yeah and that's their business if they don't want to pay minimum wage. how is that fair or unfair? you want a globalized minimum wage? if motherfucker is wiling to tolerate getting paid peanuts, by our standards, to do a job, who the fuck am i to say no to that? he's getting something out of it considering the living standards in China have vastly improved in the last few decades.

>>8732764
what? american companies profits are at a all time high, property values are rising, wages are rising, unemployment is falling. the only people not benefiting are people in the dying industries, which is far fewer then those in the industries that are profitable.

>> No.8732900

>>8732857
>property values are rising

Not a good thing when you consider how few Americans are actually property owners.

Can't speak for the rest.

>> No.8732907

>>8732847
i'm currently facing our 'neighbors' who seem to enjoy fucking up the worlds markets just to save a bunch of Appalachian drug addicts. the irony is that the fentanyl they are shooting up comes from china too.

>> No.8732924

>>8732900
the majority of Americans own their home. 64%

>> No.8732975

>>8732764
>>WTO is a lame duck organization.

right, the impartial arbitrated trade resolver recognized by most of the advanced economies in the world is lame duck. why don't you just fucking admit you would prefer a scenario where only America gets to have a say in trade disputes not impartial third party arbitrators?

>> No.8733030

>>8731908
Free trade = free movement of people. Fuck off you open border scum

>> No.8733076
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8733076

Giving China our manufacturing industry and thinking we'd survive based on our cunning might've worked before the demographic shift, but our population is getting dumber by the year.

>> No.8733112

>>8732347
>still being all in long positions
You were never gonna make it, anon.

>> No.8733127

If anyone in this thread is unironically serious about Trump's economic policies being a good thing, you're fucking retarded. Otherwise thanks Vlad!

>> No.8733152

I don't get the trump fag logic here. We lose but china loses more?

Why should the US should give a fuck about trade? 80% of our economy is services. The trade deficit with china is a drop in the bucket. The tariffs don't matter. Its just a tax. US manufacturing is still automated. Being a coal miner or factory line worker still sucks balls compared to skilled trade careers or educated white collar jobs. Give us a break already, even if there were tons of coal mining jobs none of you trump dick suckers would even want them.

trump apologists can't even explains how these meaningless tarries benefit them at all. They are so easily baited by every political stunt trump pulls off to stoke the culture wars and keep his base engaged. Its unbelievable how so much mind share most Americans spend on inane bullshit like a stupid border wall.

How can you idiots not realize you are getting played so easily and distracted? The only meaningful legislation trump and the GOP have even signed this year was a multi trillion dollar tax holiday for global corporations who off shored and a repeal of the estate tax, and a multi trillion dollar spending bill. Both entirely funded by printing money which will offset any trivial tax cut you personally got under the bill. But keep arguing over stupid shit like tariffs and a wall.

>> No.8733291

>>8732508
He reminds of Reagan i more than adapting his slogan.
This guy loves US and the old West, he put his heart into it. Had that happened in 1960s...
In big picture, its a mere slowdown of the process.
How could you recover when you swallowed 13% nigger pill and 30% spic pill.

>> No.8733295

>>8731612
OLD NEWS, FUCK OFF

>> No.8733319

>>8733152
I don't want a shitty job as a coal miner - neither do you. Imagine no one does - what happens? Automation and wage increases - good things.

>> No.8733343

>>8733152
>wall of text
Where did Donny touch you?

>> No.8733380

>>8732617
I actually know the owner of the company who made some of the hats. Can confirm it is a USA company.

>> No.8733724

Thanks just bought 100k

>> No.8733776

>>8731817
China won't back down. Doing so would hurt the pride of the nation and if there is one thing China will not allow it is that. China is striving to become the new global superpower and will use this as a chance to flex it's muscles and spit on the threats of America.

Prepare for much greater stock market sadness

>> No.8733824

>>8733776
cold war 2.0 wen

>> No.8733837

>>8731879
All mainstream media is shit. It's all fake news.

>> No.8733886

>>8732006
Sorry this isn't /pol/. If you're going to have a retort, please stick from using low level insults and ad hominem. Such brainless idiocy might work over there, but once you leave /pol/, try to think a little bit before you post.

>> No.8733912
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8733912

>>8731830
He's doing what everyone has been asking him to do. It will suck at first but better for the American economy in the long run.

>> No.8733917

>>8733886
kek imagine actually believing real discourse goes on anywhere on this site.

>> No.8733958

>>8731612
China is killing us, absolutely eating all our lunch. This is a desperation move

>> No.8734013

>>8733030
Are you saying we shouldn't have free trade then? What would you suggest otherwise? These type of comments are so stupid and pointless.

>> No.8734060

>>8731612
This good. Wanta has the money. 25 Trillion. He'll team up with Elon and engineer supersonic railroad that connects the pacific with Atlantic.

>> No.8734112

>>8731962
>make less people able to buy the best tools they need

Like what? A new $1,000 iPhone every year? The Amazon Dot? More video games? 90% of what Americans buy is bullshit and unnecessary rubbish. Instead of funding in house production of shit, maybe we should be focusing on in house production of fixing crumbling American infrastructure, like roads, working on the college debt bubble, etc..

>> No.8734132

Russian bots all over this thread.

>> No.8734155

>>8731869
>missing the guy who bombed more countries than bush, who lied about the killing of osama bin laden, who only revealed that the saudis were involved in 9/11 at the last minute, who didn't change a thing in america, who opened many secret bases all over the world
US "democrats" are as retarded as the US "republicans"

>> No.8734186

>>8732490
ARE

>> No.8734196

>>8731612

Kung fu can suck a dick.

Nobody beats a quick drawing, whiskey drinking cowboy at poker.

>> No.8734206

>>8734112
>maybe we should be focusing on in house production of fixing crumbling American infrastructure, like roads, working on the college debt bubble, etc..

Funny because for the cost of the "Tax Cuts and Jobs Act" you could have forgiven all student debt and made public school free for decades.

Instead we got a tax cut for billionaires and repatriation tax holiday for global corporation's laundered money.

>> No.8734228

>>8734196
>Nobody beats a quick drawing, whiskey drinking cowboy at poker.
What do you mean

>> No.8734268

>>8734206
>dude keep taking money from your own people when you could take it from other countries

>> No.8734275

>>8732511
>it's gonna fucking hurt everyone, hard.

Oh jesus christ. Get a grip.

Nothing is fundamentally going to change. This is politics and economics. China's got more to lose and America has had the leverage lying around for a while.

The transition to rising tiger economies is going to compete hard for those same dormitory worker hours. Other countries are going to realize their own powers of negotiation with China.

But its not going to get to that point. Beijing doesn't want a trade war. After decades of most favored nation, low tariffs and no tariffs, they had their shot at the world's largest market and now other players will get that chance.

>> No.8734282

>>8734206
>and made public school free for decades.
kill yourself you socialist spic cunt.

>> No.8734285
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8734285

>>8734228
You just don't get it

>> No.8734286
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8734286

>>8731869
>neoliberalism

>> No.8734319

>>8733343
>unable to read

top lel

>> No.8734323
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8734323

It's like everyone here doesn't know that chinese outsource things to places like Vietnam. Chinese workers are expensive compared to them. The innocent Chinese people this is going to hurt is sad. But hopefully a lot of them will get a voice against communism.

>> No.8734334

i'm ready to watch the world burn desu, let's get this shit started

>> No.8734344

>>8733824
you mean 2.1 or something like that

>>8731895
>he wants china to stop stealing american IP, which they do shamelessly
>>8731817
>sounds like trump wants to force china to stop copying/respect american patents, and maybe also to actually buy american software?
the US industry started the same way: by shamelessly copying other people's inventions. now that the US is in a position of power, they want to force everyone to "respect" their inventions. and let's not forget that many of those inventors were/are immigrants, and that the US military and intelligence forces have been used to steal ideas from other countries for decades (see: NSA)
anyway, the chinese already stole most of your (and russian, french, german, ...) technology, and are ready to replace it and improve it. also lets not forget, that may of your best scientists and technicians are chinese :)
[btw, I find it really sad that smart people go to the US instead of helping in the development of their own countries]

>maybe the world would be a better place if IP was actually respected. the distribution of wealth would be more fair
>even if it looks ridicolous
no need to comment on this..

>> No.8734374

>>8734344
>you mean 2.1 or something like that

2.4.6

>the US industry started the same way: by shamelessly copying other people's inventions. now that the US is in a position of power, they want to force everyone to "respect" their inventions.

You say it like it's somehow unexpected for a country to do things in it's own interests.

>> No.8734381

>>8731962
>less people able to buy the best tools they need
have you heard the saying you pay for cheap shit you pay twice. people know the value of things and are willing to pay for it. I dont want a granite bit that breaks after a week. I rather pay the money to make sure its going to stay in my machine and cut clean for as long as possible

>> No.8734403

>>8734381
It is always worth pointing out that companies will do whatever they can get away with, so there is also a problem in the consumer base if these cheap products have a market.

>> No.8734406

>>8732975

Holy fuck you’re a chink

I feel bad for your neighbors that have pets

>> No.8734425

>>8731871
We have (((them))) on our side. Im sure that (((they))) will plant a time bomb on one of beijings financial sectors once they become a superpower and send them back to thirdowrld land.

>> No.8734437

actually, my belief regarding this, and it saddens me to say this... is that this will either:
- help develop automation (AI, the robotics industry, etc.) in the US, and WILL generate jobs, but not many. the idea here is, obvioiusly, that the US will try to replace chinese goods with the ones made in the US, and big tech companies have a shitload of money, enough to do this
OR
- just like it's been done before, this will only help big corporations, that will hire cheap workers in india, mexico, etc. in fact, it will prolly help develop india as a competitor to china. and india has been coping US/russian/european technology too...

>>8734374
>2.4.6
I meant to say: look at the news, they have been trying to start wars against russia/china/other countries for a while

>You say it like it's somehow unexpected for a country to do things in it's own interests.
it shows the hypocrisy of the US as a nation. the sad thing is that people all over the world still believe whatever shit the US says..

>> No.8734451

this will actually hurt china more than the u.s tho china is transitioning to a consumption driven economy

theres a reason china wants to negotiate, they cant deal with all this shit while theres a bigger corporate debt and obor problem on the table

>> No.8734454

>>8734403
i agree, people are fucking stupid too. Its usually poor people and i dont blame them. I am too. in my experience, it has always benefitted me to just save up and buy the right stuff instead of buying cheap crap. For instance, i used to buy running shoes for like 70$. Now i switched to work boots. They are 150 bucks. But they will last me a couple years as apposed to six months and

>> No.8734471

>>8734406
holy fuck, that's not an argument, i feel bad for your mother.

>> No.8734479

>>8734112
>Like what? A new $1,000 iPhone every year? The Amazon Dot? More video games? 90% of what Americans buy is bullshit and unnecessary rubbish.
most computer motherboards are made in china. and they are CHEAP. try imagining a US with expensive computers...

>> No.8734485

>>8731830
Half of this country doesn't vote, and the half that does are too stupid to know what they're voting for.

>> No.8734490

>>8734485
why is that?

>> No.8734495

>>8734479
>motherboard
its in Indonesia and Malaysia anon

>> No.8734500

>>8734479
What China does is more assembly than anything, CPUs are manufactured in the US or Europe.

>> No.8734533

>>8734479
>he doesn't know that china started outsourcing to even shittier 3rd world countries

>> No.8734562

>>8732450
>We are the buyers here, we hold the cards.

Congratulations on not being retarded. People ITT have no fucking idea what they're talking about. They genuinely think that toe to toe, China can beat the US. /biz/ needs to up their racial awareness.

>> No.8734599

>>8732813
Fuck off retard. If you think it's Trump of all fucking people that's screwing over this shithole, meme of a fucking country then you are truly retarded. Trudeau is going to cause so much shit for us. Fuck off, typical Ontario faggot.

>> No.8734622

>>8734495
>what is foxconn/hon hai
no

>>8734500
CPUs as in chips, yes, they are made in the US, germany, singapore, taiwan, s. korea and a few other countries, then assembled elsewhere.
here's a list of locations
https://en.wikipedia.org/wiki/List_of_semiconductor_fabrication_plants
I'm talking about motherboards, and, you see, a shitload of companies outsource to foxconn, even US tech companies like apple, microsoft, etc.
btw, computer hardware consists of more than CPUs, and as you can see, there are a bunch of fabs in china, too. even TSMC and GlobalFoundries have fabs there.

>> No.8734639

>>8734013
I'd eliminate the personal federal income tax and make up the difference in government funding with tariffs. I'd prioritize goods which don't have domestic competitors to encourage American companies to enter new/abandoned sectors. I'd halt all immigration, deport all illegal immigrants and deploy the military in areas which don't cooperate (California.)

>> No.8734679

>>8731612
https://www.liveleak.com/view?i=0dd_1371394255&comments=1

>> No.8734688

>>8734344
>best scientists and technicians are chinese
I've worked with "top" Chinese scientists and technicians. You're delusional.

>> No.8734691

>>8734599
as much as you like using Trudeau as your punching bag, it's not him that's rewriting nafta and it's not him that's shaking up the global markets.

>> No.8734708

>>8734286
>Obummer
>Neoliberal

>> No.8734722

>>8734622
>what is foxconn/hon hai
>taiwan
but meh guess its all china to you anyway

>> No.8734732

>>8734691
>as much as you like using Trudeau as your punching bag, it's not him that's rewriting nafta and it's not him that's shaking up the global markets.

>he thinks it's okay to let huge corporations move their manufacturing plants to mexico instead of just keeping the plant in its home country.

so you are ok with exploiting people as slaves while taking jobs from domestic workers

>> No.8734771

>>8734679
I am very glad nothing went wrong in that clip.

>> No.8734826

>>8734688
oh, I'm sure all the chinese are cheaters and liars, it's all made up, the chinese are dumb retards..
>You're delusional.
jej

>>8734722
their biggest factories are in china... I'm talking about production, not about the countries where the companies are located

>> No.8734839

>>8731612
RIP World Economy

>> No.8734866

>>8734826
anon tariff are going to be to china the company is listed in taiwan, the US doesnt consider taiwan as china.

so theres your tariff right there

>> No.8734897
File: 101 KB, 489x489, monopoly.jpg [View same] [iqdb] [saucenao] [google]
8734897

>>8731612
We still own China. Without us, their entire economy would collapse. We're their biggest customer and they know it. Chinese are nothing but LARPing fags with tiny dicks.

>> No.8735004

>>8732235
You must watch alot of CNN

>> No.8735057

>>8732362
So what your saying is. Stop blowing the rape whistle. I still wanna take advantage of your economy. Fuck you outlander

>> No.8735100

>>8734866
>so theres your tariff right there
not sure, the tariffs doc seems to talk about stuff made in china, not necessarily about chinese companies, though I have no idea about the topic. hope someone can help make this clear.

>> No.8735146

>>8731830

These tariffs are one of the only good things he's done on his promise of "America First." Glablist niggers are unhappy.

>> No.8735161

>>8735100
most countries have a tax/tariff exceptions on companies building and making factories on their soil

>company gets a 10 year exemption
>country gets workers and investments
>company leaves when the exemptions are up finds another country with an exemption

its a loophole mess

theyre probably only paying for transit costs to ship those made in chinese factories to taiwan then business as usual

>> No.8735171

>>8733291
>unironically liking Reagan
Stupid faggot, he gave amnesty.

>> No.8735185

>>8731908

Imagine being this retarded. This is a nationalist move, brainlet. Unrestricted free trade is an internationalist (commie) system.

>> No.8735217

>>8735185
Unrestricted free trade is not fucking communist, latin american communists are all about nationalistic isolation.

>> No.8735243

>>8735161
I was looking for something more concrete than that

>>8735185
>Imagine being this retarded.
>Unrestricted free trade is an internationalist (commie) system.
jej

>> No.8735251

>>8731817
>he's actually pretty good at bargaining
still no wall

>> No.8735323

>>8732511

You're just now realizing shit is fucked? It was already done for with radical progressivism alone.

>> No.8735361

>>8732450
>We are the buyers here, we hold the cards.
this is true:
https://en.wikipedia.org/wiki/List_of_countries_by_household_final_consumption_expenditure_per_capita
and what makes other countries and non-US companies so dependent on the US

>> No.8735382

>>8734826
>I'm sure all the chinese are cheaters and liars,
t. never interacted with the chinese

>> No.8735389

>>8734732
hey dude, why the fuck should i give a shit about some guy making good money in his own country? their living standards have improved a lot since we started 'exploiting people as slaves'.

they make good money, i get cheap shit to cut down my costs. that's a mutually beneficial relationship

>> No.8735394

>>8734826
>>8735382
To add to this, the crypto projects meant to stop the Chinese from scamming each other are fucking scams, for God's sake. Nothing could be more Chinese than this.

>> No.8735429

>>8732727
>socialists
>”our” interests
So why did you you leave Reddit?

>> No.8735442

>>8735185
this is your brain on trump

>> No.8735460

I think he starting to make some bigger moves as he's on his second year of four, and that time will be gone before we know it.

>> No.8735475

>>8731612
take it to /leftypol/ faggot.
sage

>> No.8735480 [DELETED] 

>>8735389
>communist doesn’t understand understand that work isn’t always exploitation
Does this surprise you?

>> No.8735507

>y-you're worried about the free market right goy?
>don't take your own side
>you need to criticize your president redistributing money disproportionately from chinks, spics and nigs to the founding stock of the nation
>muh principles!

>> No.8735514

>>8735382
>the chinese are one person
k, whatever m8

>>8735480
>>>8735389
>>communist doesn’t understand understand that work isn’t always exploitation
>Does this surprise you?
I bet you just realized why people say communists != liberals, and that liberals are actually right-wingers
retard

>> No.8735696

>>8732707

what you don't realize is their efficiency comes from virtually free labor. Do you realize what this does to similar workers in other economies? China is not a vacuum. This free labor concentrates all that work and puts Americans out of jobs or forces them for work for cheap when their cost of living is much higher. It may be American companies reaping the benefits of this cheap labor but trickle down economics is not a thing. the wealth generated by these companies goes to the wealthy equity holders and executives only. This outsourcing of labor has been a direct cause of the disappearing of of the middle class and the increased stratification of wealth in this company.

a completely free market does not end well. It results in a couple or even one single corporate monopoly. 99.999% of the wealth is held by 0.0001% of people while everyone else is forced into subsistence living. Some economic protections are good and necessary.

>> No.8735735

>>8731889
>>8732334
>>8732408
brainlets

>> No.8735930

>>8735696
>puts Americans out of jobs or forces them for work for cheap when their cost of living is much higher
are you retarded? no one in the US is making cheap shit for a shit wage, they are actually making or selling (for themselves or for someone else) expensive shit for higher profits and wages.
it's like saying "mexicans are taking our jobs!" while denying that mexicans are doing shit americans don't want to do anymore, for lower wages (and even under slavery conditions) than americans in general

>> No.8736014

>>8735930
>americans are doing shit americans don't want to do anymore
this is a retarded meme. Mexicans are willing to work for less wages than americans and work in shitter conditions than americans. they're also willing to live 8 to a room and eat cheap as dirt food so their cost of living is tiny. That is not an option for young americans, which is who they're taking the jobs from. Enjoy being able to buy an orange for 20c and have your lawn mowed for 5 dollars. You don't owe the country you're born in or nation of people you're born into anything.

>> No.8736037

>>8736014
>That is not an option for young americans

How so?

>> No.8736072

>>8731612
This is great. I love seeing chinks chimp out over this. Not a fan of Trump but he did keep his word on certain things at least.

>> No.8736090

>>8736037
I was talking specifically about competing with illegals. It shouldn't be what a young American born into an upper working class family has to do though. 50 years ago you could be upper working class, get married at 22 and find a job to support a family and a home to live in without a college degree. Now that's an insane pipe dream. You've created incentives against living good lives, against having kids at the age that people always had kids and started families all for cheaper nigger tech and services. Immigration is just a tiny part of it but it's the most visible betrayal.

>> No.8736096

>retarded right wing cucks support tarrifs and heavy regulation because psyops brainwashed them into worshipping an orange haired meme lord idol
What happened to muh free market mofugga
Big business can do as they wish. It isn't governments responsibility to make sure double digit iq factory workers have an income to live off.
Why do you faggots hate capitalism? Would you support UBI if trump pushed it also? Lmao


>>8736037
Because they are entitled shit lords

>> No.8736099
File: 30 KB, 539x398, 24999E8D-789F-441C-A2AE-937941DA5F67.jpg [View same] [iqdb] [saucenao] [google]
8736099

>>8733776

Big flex incoming

>> No.8736103

>>8735735
>hurrr exporting your manufacturing jobs, facilities and resources, giving international corps no incentive to invest in your country, while letting foreign countries place tariffs your country's exports is smart
t. brainlet

>> No.8736112

>>8734344

>the US industry started the same way: by shamelessly copying other people's inventions.

Wheres your proof? Not even one example?

>> No.8736137
File: 127 KB, 601x508, 1494673891586.png [View same] [iqdb] [saucenao] [google]
8736137

>>8736096
>i'm fiscally conservative, socially liberal

>> No.8736141

>>8736090
>without a college degree

I think this is the thing that gets ignored the most and that should be question harder., especially in the US where college isn't free.

>need a college education
>need money
>need a job to get money
>can't get a job without a college degree
>can't get a college degree because need money

it's kinda retarded, we shouldn't be in a situation where you need 1 if not more university titles just to live a normal life. And that shit is everywhere, not just in the US.

>> No.8736153

>>8736137
I'm an individual don't try to label me!

>> No.8736175

>>8736014
You're also forgetting that said illegals receive entitlements while also paying virtually nothing in taxes (save the obvious sales tax on buying goods). Couple that with their favela-like lifestyles and it creates an altogether poorer people while shuffling money up to the top in savings for corporations or cash flow being exported to other nations through remittances.

So many brainlets in here don't understand basic supply and demand because they're conditioned by mainstream media to hate le ebul orange Hitler.

>> No.8736203

>>8731612
>pushes 1 trillion budget
>is going to crash the world's economy for 50 billion

>> No.8736205

>>8736175
Welcome to capitalism, enjoy your stay.

>> No.8736523

>>8736112
https://www.pri.org/stories/2014-02-18/us-complains-other-nations-are-stealing-us-technology-america-has-history

>>8736014
>this is a retarded meme
>Mexicans are willing to work for less wages than americans and work in shitter conditions than americans.
>they're also willing to live 8 to a room and eat cheap as dirt food so their cost of living is tiny.
>That is not an option for young americans
>which is who they're taking the jobs from
you just contradicted yourself multiple times here, and I'm not sure how you can keep living with the cognitive dissonance.
young americans don't want to live like those mexicans do, they want a well paid job and better standards of living. if that means hiring an illegal to clean their apartments, so be it.
which means, these young americans aren't even competing with the cheap mexican workers

>> No.8736545

>>8736175
>basic supply and demand
the supply and demand "law" is obvious bullshit, it doesn't always work.
also, see >>8736523 . it's ironic that you cite "basic supply and demand", when we are talking about different types of work

>> No.8736552

>>8733837
why do i keep coming to this board?

>> No.8736563

Why are communist retards upset that trump is trying to create manufacturing and factory jobs in the USA? I thought they were 'the workers party'?

Isn't creating american jobs, and lots of them, a good thing for these fucking faggots? Like how the fuck do they expect to have a workers party if the economy is entirely service based? Jesus...

>> No.8736569

>>8734155
Dude. You gotta stop listening to Alex Jones. This is full retard level.

>> No.8736593

>>8736523
I love that the idea of Americans actually taking their own side and putting the next generation first is so inconceivable to you that you think that post had anything to do with cog dis.

>> No.8736599

>>8736563
American "communist" wouldn't know fuckin communism if it bashed them in the skull.

>> No.8736657

>>8731908
Free markets are for trade within your own nation. Full stop. My company should not have to compete with someone using slave labor when I am banned from using slave labor.

>> No.8736692

>>8736563
they're just contrarian retards that unironically work for the system that tries to fuck the averagefag over.
>>8736569
>muh alex jonestein
Dude. You're a fucking idiot do you seriously believe Obama didn't start any "policing" wars? My fucking sides right now at this partisan political bullshit

>> No.8736715

>>8734425
Dude the jews are wanderers, they will just go anywhere where the money. Zuck already race mixed, for example, his kids and his grandkids, etc will be asian jews

>> No.8736734

>>8731817
>He's actually pretty good at bargaining
R u russia?

>> No.8736753

>>8731889
You realize China invests much more into the US than the US invests into China right?

>> No.8736816

>>8732479
Underrated

>> No.8736829
File: 28 KB, 600x750, 1522630951699.jpg [View same] [iqdb] [saucenao] [google]
8736829

This is good for our local businesses.
All is going acording to plan.

>> No.8736852

>>8735185
you are the biggest inbred i have seen on this board, it's actually hilarious how fucking retarded you are if you think that last sentence is true.

>> No.8736897
File: 178 KB, 656x555, 1514250006814.png [View same] [iqdb] [saucenao] [google]
8736897

>>8731612
a multinational corporation that benefits from corporate welfare uses their media propaganda machine that they own under a different name to say how we shouldn't do something to benefit their interests
>liberals absolutely love this company

Seriously, guys, wtf happened to liberals? Can anyone imagine a liberal from the 90s supporting this?

>> No.8736924

>>8732378
>>8732414
Or a south african

>> No.8736929

Protip, a tariff hurts China too, genius. If your customer stops buying 50 billion in usd, you lost 50 billion in usd revenue.

>> No.8736966

>>8736897
>Seriously, guys, wtf happened to liberals? Can anyone imagine a liberal from the 90s supporting this?
Those don't exist anymore. Any liberal that was okay with the patriot act is basically a neoliberal, since the term neocon caught on I guess. These people do not give a single fuck about actual freedom, in fact they cheer when their rights are stolen in front of them in the name of progress, equality or muh nashunal secruitah'

>> No.8737038

https://en.m.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act?wprov=sfla1
> that time when Congress fucked up tariffs so bad they b& themselves from imposing them

>> No.8737050

>>8732408
>2/10 bait
It's like you're not even trying.

>> No.8737066

If Trump can reverse the trade deficit death spiral hell be a hero.

Not that any liberal would even ackowledge this accomplishment

>> No.8737292

Friendly reminder: The U.S. debt to China is $1.17 trillion as of January 2018.

>> No.8737487

>>8737292
theyre just bonds relax

>> No.8737514

>>8736563
They dont know what real communism is (sorry). They just know its different to what we have now.

>> No.8737698
File: 53 KB, 537x720, 1521830765537.jpg [View same] [iqdb] [saucenao] [google]
8737698

>>8737487
>only $1,170,000,000,000 in debt
>relax

>> No.8737801

>>8737698
Imagine actually thinking anybody is actually willing to demand the US pays debts while they still hold the largest and most advanced army in the world.

What? Do you think they haven't done it so far because of the kindness of their heart?

>> No.8737817
File: 9 KB, 220x229, images.png [View same] [iqdb] [saucenao] [google]
8737817

>>8731830

A democracy is only as good as it's voters

>> No.8737833

>>8737801
That's not saying much considering their population would tear itself apart in case of war, specially one that could affect home.

>> No.8737837
File: 29 KB, 645x588, e02.jpg [View same] [iqdb] [saucenao] [google]
8737837

>>8737801

>> No.8737852

>>8737833
The US has been in a permanent state of far for nearly 30 years tho. It's just a matter of how their media handles a conflict against a real country what the perception at home is.

>> No.8737876

the world is such an unfixable shitshow now, its fucking scary man, im too old to live innawoods now

>> No.8737939

Too many people living of other's work, too much bureaucracy, too many rules and conditions forbidding people to produce, too many entitled people thinking they deserve more than someone else just because the place they were born in, schools too worried about doing privilege walks and gender studies seminars instead of orienting people to have economic knowledge and teaching them to invest, as investing is the job of the future.

America as a country is doomed to irrelevance just like Europe. Democracy is a soft variant of communism and it leads to decay just like any other form of communism.

>> No.8737980

Burger foreign politics has been retarded since what, JFK? What else is new? Every President just keeps piling on the retarded politics since burgers can't fathom a world without.

>> No.8738006

Europoor here.
Question for you guys.
California is wealthiest state, but you call it Commiefornia.
Does that mean communism mixed with capitalism is the best out there.?
No /pol/

>> No.8738016

Let bussiness to jews

>> No.8738044

>>8738006
California is just "wealthy" because all the wealthy people live there.

>> No.8738068

>>8738006
California isn't communist at all. It's literally a meme spread by internet Nazis.

>> No.8738098

>>8731612
This will fuel massive inflation of the dollar, as goods will cost more USD, which will prompt the Fed to increase rates more, which will further devalue the US debt that China owns (at comparably shitty rates). In fact, all of our past debt would become less of a burden thanks to inflated currency. So, this significantly reduces the little leverage China has on us.

They import so little US goods and depend so much on their goods being cheaper to the US consumer, that they will suffer tremendously for that dependence. Meanwhile, the US will see increased wages. This is to say nothing of the domestic crude oil that we have already begun exporting. Either way, China is in no position to make demands. They painted themselves into a corner and now they have to open their doors to US goods and stop stealing our IP. This will all ultimately open a whole new, massive market for American businesses.

>> No.8738123

>>8738006
California is huge. Places like LA, SF, SD has liberal hipsters and all the small towns have all the Trumplet hicks.

>> No.8738149

>>8738006
California is actually a good example of a place that has benefitted from inflation, in a local sense. Everything is more expensive in California, and this, wages are extremely high to match. So inflation fuels a cycle of prosperity, at least temporarily.

>> No.8738157

>>8738068
they give a lot of money to illegal beaners

>> No.8738194

>>8738098
>Being this deluded

>> No.8738205

>>8731959
Ah yes, I too saw that video

>> No.8738229

>>8738006

Move to Cali, calculate work, rent, lifestyle

Move to Munich, calculate the same

> wealthiest

>> No.8738267

>>8736734
he wrote the art of the fucking deal dude

>> No.8738286

>>8738267

No he didn't, a ghost writer did (who now campaigns against him because he was so fucking retarded)

>> No.8738321

>>8738194
Is that an argument? Do you know how monetary policy works? Tell me one thing that isn’t 100% inevitable in what I said.

>> No.8739115

>>8737980
its retarded because burgers would survive a global meltdown longer than anyone else.
they can afford to be retarded