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Has Trump outsmarted everybody?

Bobby Cole said:
Many years ago, Forbes was on the J. Carson show and explained how a multitude of minor stock holders got wealthy shortly after the ‘29 crash.
To paraphrase the conversation, Forbes said that those who didn’t panic simply left their shares alone and if they could, they bought more shares and even diversified into other venues whilst the shares were at their lowest.

So all that said, whilst the stock market is going down, would it not facilitate the buying of shares by those who heretofore have not had a good opportunity to do so due to the higher prices per share?
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My granddaddy got rich off the Great Depression; he bought apt houses for pennies on the dollar all over the Atlanta area. He lucked up got a job at Marrita Bread Co.in Atlanta.
Right now the housing market is not doing so great. Maybe a good time to but up a few once the prices start falling. Then again, this isn't the same kind of financial system we had in the 1920's.
The Federal Reserve is not federal, it is a private organization owned by a few very rich oligarchs.
Ever read , The Beast at Jekyll Island'?
 
I don't thin k it is a good time to get into a tariff war since most of our factories have either been sent to other nations or workers replaced by robots.
We depend on China and others for our medications, food and most technology.
I also don't agree with Elons idea of bringing in hundreds of thousands of technicians from India.



 
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Axel Slingerland said:
That's great. That means all they have to do is prove beyond a reasonable doubt that whoever they want to deport are actually "illegal alien gang members." That shouldn't be too hard, IF it's actually true... And if they are in fact "illegal alien gang members", that is what should happen. But I find it hard to believe that the children that are being deported fit that description.
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Children should be with their parents in their own nation. If not parents, then other family. Or like Americas children in their nation's orphanage if no family.
 
Axel Slingerland said:
It's the same as it always was. The rich and powerful have been running the world since the concept of Trade was first thought of.
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Axel, who would you like to work for a poor man or a rich man? Many rich started off poor.
Opportunity is there for us all, sometimes we are poor through no fault of our own, but most of the time it is the choices we make that determine our Finacial outcome.
 
Honestly, I would rather work with a poor man than for a rich man.

You're absolutely right about Opportunity. But sadly, a lot of people don't hear it when it comes knocking on their door.
 
Bobby Cole said:
It may sound weird but over 50 countries are countering by dropping their tariffs for American made products.
Trump pretty much said that would happen and he will respond accordingly.
They lower their tariffs and we lower ours on their products.
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Now that Trump has paused the revised tariff for all countries, except China, how do you see the current situation. What will happen if China, which has been levied 145 percent traffic, decides to pull bonds from the United States?
 
Nomad said:
Now that Trump has paused the revised tariff for all countries, except China, how do you see the current situation. What will happen if China, which has been levied 145 percent traffic, decides to pull bonds from the United States?
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A lot of more professional people far more familiar with the bond market than I are asking the same question.

There’s a lot of speculation that if XI’s regime sold off their shares that American real estate and mortgages would be negatively affected whilst I have also read that the treasury would take a hit which would affect the rest of the world.

That said, as a simple gentleman in some things, would it not depend on who bought them?
Bond holders are “steady Eddies” and since the bond market normally follows the stock market by about 24 hours, would not the long term investment people be standing at the door ready for a Chinese sellout?
 
Bobby Cole said:
A lot of more professional people far more familiar with the bond market than I are asking the same question.

There’s a lot of speculation that if XI’s regime sold off their shares that American real estate and mortgages would be negatively affected whilst I have also read that the treasury would take a hit which would affect the rest of the world.

That said, as a simple gentleman in some things, would it not depend on who bought them?
Bond holders are “steady Eddies” and since the bond market normally follows the stock market by about 24 hours, would not the long term investment people be standing at the door ready for a Chinese sellout?
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The problems seems to be where would China put the dollars from dumping the bonds. They started to dump, and that is part of the reason Trump paused the tariffs on other countries as well as the fact that many of said countries are entering negotiations with U.S. trade reps. China seems to be stuck with at least some of the bonds since much of their economy is secured by them. China is having huge unemployment right now, and that is worsened by the U.S. tariffs. China's overproduction is now being dumped elsewhere, perhaps mostly in the EU which is causing problems there, and may lead to the EU imposing large tariffs in China to stop the dumping just as they did on Chinese EVs. I don't know where this will all lead, but it seems that China is suffering from a whole series of economic ills with few avenues out short of, perhaps, war.
 
Don Alaska said:
The problems seems to be where would China put the dollars from dumping the bonds. They started to dump, and that is part of the reason Trump paused the tariffs on other countries as well as the fact that many of said countries are entering negotiations with U.S. trade reps. China seems to be stuck with at least some of the bonds since much of their economy is secured by them. China is having huge unemployment right now, and that is worsened by the U.S. tariffs. China's overproduction is now being dumped elsewhere, perhaps mostly in the EU which is causing problems there, and may lead to the EU imposing large tariffs in China to stop the dumping just as they did on Chinese EVs. I don't know where this will all lead, but it seems that China is suffering from a whole series of economic ills with few avenues out short of, perhaps, war.
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Don I don't know if this tariff war will work for long, maybe Trump should calm it down some, since some of our businesses are running out of products now.
 
Don Alaska said:
I don't know where this will all lead, but it seems that China is suffering from a whole series of economic ills with few avenues out short of, perhaps, war.
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I seriously doubt that. What do you need to fight a war? Money, and lots of it. And if your economy is in the dumps, where are you going to get it?
 
Axel Slingerland said:
I seriously doubt that. What do you need to fight a war? Money, and lots of it. And if your economy is in the dumps, where are you going to get it?
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Good question but if we remember Chairman Mao who said that if it came to nuclear war and the total annilation of the world, there would be at least 2 Chinese left standing amongst the rubble.
Now, I’m not sure if XI is as philosophically studied as Mao was but it is something to think about.

(And…all it takes is one fairly inexpensive nuke to get ‘er going. )
 
They say that it will take several years to get factories up and running again. That's like saying it will take several years to lose weight. But if you wait several years to start, you'll still be fat and will have lost several years. If we don't do something, several years from now everything will still be made in China.
 
Something I never understood as a kid was how we defeated Japan in WWII in 1945. And 20 years later, a lot of products you could buy were Japanese, primarily cheap electronics like radios, televisions, and tape recorders, etc., but that was a huge market. And then there was the Vietnam War in the 1960s, and 20 years later, a lot of products you could buy were Vietnamese. I'm surprised that a lot of the products you can buy today aren't made in the middle east.
 
Trump has now established the Roosevelt Reservation as America's newest military base. It is a security zone along the border with Mexico that runs from Texas to the Pacific Ocean. It is only 60 feet wide but hundreds of miles long. Now anyone who crosses under or over that strip of land without permission is a Federal trespass felon as they are illegally entering a military base and subject to arrest and prosecution under Federal law. Avery interesting move, as it will now allow the U.S. military to man the border as a base security measure. Ingenious! Apparently if trespassers are shown to be armed, they can be shot by MPs in self-defense as well.
 
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