Trade WAR??!!

NZDoug
Free Thinker
#211
Its time for the whole world to go Huawei.
Except for Micronesia and Israel, of course.
 
Tecumsehsbones
+2
#212
Quote: Originally Posted by White_Unifier View Post

And the US always seems to face one emergency aftre another. It might be time to prioritize your emergencies before your bedt itself becomes one. Canada's just as bad, by the way.

Yeah, the emergency is that we've gotten too greedy and short-sighted to pay our bills.

That's a greater emergency than any passing war or recession.
 
White_Unifier
#213
Quote: Originally Posted by Tecumsehsbones View Post

Yeah, the emergency is that we've gotten too greedy and short-sighted to pay our bills.
That's a greater emergency than any passing war or recession.

Just look at how Canada's racking up debt even when the economy's growing well. What happens when the economy slows and the it's already debt-addicted?
 
Curious Cdn
Conservative
#214
Quote: Originally Posted by White_Unifier View Post

Just look at how Canada's racking up debt even when the economy's growing well. What happens when the economy slows and the it's already debt-addicted?

Canada is way down the list of indebtedness per GDP. We're way below the US and most Western countries. We are BBY no means the worst offenders. This does not mean we should spend but, in balance, we have managed our affairs better than a lot of our peer states.

http://worldpopulationreview.com/cou...national-debt/
 
White_Unifier
+1
#215
Quote: Originally Posted by Curious Cdn View Post

Canada is way down the list of indebtedness per GDP. We're way below the US and most Western countries. We are BBY no means the worst offenders. This does not mean we should spend but, in balance, we have managed our affairs better than a lot of our peer states.
http://worldpopulationreview.com/cou...national-debt/

Still too high.
 
Curious Cdn
Conservative
+1
#216
Quote: Originally Posted by White_Unifier View Post

Still too high.

Yup but we're cheapskates compared to the Yanks ... and the Japanese! ... YIKES!!
 
White_Unifier
#217
Quote: Originally Posted by Curious Cdn View Post

Yup but we're cheapskates compared to the Yanks ... and the Japanese! ... YIKES!!

Their debts are all the more reason for us to pay ours off. When they come crashing down, they won't be able to afford to buy from us. We'd better be prepared for that crash.
 
pgs
Free Thinker
+1
#218
Quote: Originally Posted by White_Unifier View Post

Their debts are all the more reason for us to pay ours off. When they come crashing down, they won't be able to afford to buy from us. We'd better be prepared for that crash.

We aren’t and the smart monkeys like George don’t care .
 
Twin_Moose
Conservative
+1
#219
Quote: Originally Posted by Curious Cdn View Post

Canada is way down the list of indebtedness per GDP. We're way below the US and most Western countries. We are BBY no means the worst offenders. This does not mean we should spend but, in balance, we have managed our affairs better than a lot of our peer states.
http://worldpopulationreview.com/cou...national-debt/

I probably could buy in if the money was actually spent to improve our country a lot of the money could be recovered, but when it is mainly spent offshore and for social infrastructure then it's unrecoverable to our taxpayers.
 
White_Unifier
#220
Quote: Originally Posted by Twin_Moose View Post

I probably could buy in if the money was actually spent to improve our country a lot of the money could be recovered, but when it is mainly spent offshore and for social infrastructure then it's unrecoverable to our taxpayers.

And somehow Hong Kong with its lack of natural resources manages a debt-to-GDP ratio of 0.05%. With Canada's resources, we should be at least matching Hong Kong.
 
spilledthebeer
#221
Quote: Originally Posted by White_Unifier View Post

Just look at how Canada's racking up debt even when the economy's growing well. What happens when the economy slows and the it's already debt-addicted?




LIE-BERALS BELIEVE THAT IS A rude question!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!


LIE-berals sincerely believe debt IS GOOD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


LIE-berals borrow money in the name of ALL CDNS.............................................. ....


an then hand out that grand gravy to SPECIAL LIE-beral pals!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And LIE-berals think this is SUSTAINABLE long term political policy??????????????????????????????????



In other news- LIE-berals tell us the economy is running well................................


with inflation at the target of 2 percent in April!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !


How odd that LIE-berals DO NOT want to discuss how much of that inflation is being driven by the LIE-beral carbon crap and trade tax that is eroding peoples wages and standard of living!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!
 
petros
+1
#222
Quote: Originally Posted by White_Unifier View Post

When they come crashing down, they won't be able to afford to buy from us. We'd better be prepared for that crash.

We'll have to discount our dollar another 25 points to keep Ontario functioning?

You do realize the devaluation of the CAD is why Freeland keeps walking away from DC with her tail up her ass don't you?
 
spilledthebeer
#223
Quote: Originally Posted by petros View Post

We'll have to discount our dollar another 25 points to keep Ontario functioning?

You do realize the devaluation of the CAD is why Freeland keeps walking away from DC with her tail up her ass don't you?




HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



The Cdn dollar is LOW because we are GROSSLY INDEBTED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!


And Freeland keeps walking away from Washington........................................ .....................


because she is a typical screwed up stinking LIE-beral..........................................


and thus she HAS NOTHING TO OFFER THE Yankees!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!


And the Yankees are responding to her non offers in kind!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!


How many Yankee oil companies make a LOT of money in Canada?????????????????????


That would be LIE-beral Canada where OPur idiot Boy is trying to DESTROY the cdn oil patch!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Oil is the single most profitable resource we have.............................................. ...


and LIE-berals want to KILL the profitable industry!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!


LIE-berals DO NOT CARE that a LOT of people would rather buy oil from peaceful Canada than from thuggish OLIGARCHS in places like Russia and Iran!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And if our idiot Boy does succeed in killing off the Cdn oil patch.......................................


the HOLE in the Cdn economy will be SO HUGE.............................................


that we wil very likely default on our national debts......................................


and trigger a trade war of staggering proportions with United States, Germany and Japan!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Our idiot Boy is actively working to follow his fathers vile dream!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!


Before Pierre Trudope got interested in politics......................................


meaning back when he spoke candidly and did not try to hide his thoughts...................................


Trudope told reporters "he wanted to take Canada from the past into the future via the route of radical socialism"!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Justin Trudope is just as big a Socialist SWINE as his father and he wants to SELL US OUT..........................................


to the dictators and Slave Owners of RED CHINA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!



Max Nemni was CHOSEN by Pierre Trudope to be his chosen biographer.....................................


and Nemni QUOTES from PIerres book "Two Innocents in Red China"............................................ ......


in which Pierre heaps fawning praise on MASS MURDERER Chairman Mao............................................... .....


for what Pierre candidly described as Mao`s "genius in rushing thirty million Chinese to the gallows"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !


And son Sacha Trudope happily wrote a new introduction to Pierres book............................................



and then went on to tell us that Soviet Cuban butcher Castro was the "greatest South American leader of the 20th century- far superior to any ELECTED leader"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!


And Our idiot Boy Justin tells us "he likes the way the Red Chinese get things done"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Gosh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !


WHAT A GREAT FAMILY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !


Offering blanket APPROVAL of Soviet MASS MURDER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!


Freeland in Washington is a RED HERRING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!


The REAL DIRT is being done between Cdn LIE-berals and Chinese corporations like Huawei!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!
 
White_Unifier
+1
#224

LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!
LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!
LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!
LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!
LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!
LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!
LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!
LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!
LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral! LIE-beral!LIE-beral!

 
Tecumsehsbones
+1
#225
Quote: Originally Posted by White_Unifier View Post

Just look at how Canada's racking up debt even when the economy's growing well. What happens when the economy slows and the it's already debt-addicted?

There will be the appropriate adjustment. How much it hurts depends on how much discipline we show now.

We're screwed.
 
spilledthebeer
#226
Quote: Originally Posted by Tecumsehsbones View Post

There will be the appropriate adjustment. How much it hurts depends on how much discipline we show now.

We're screwed.




WE???????????????????????????????????????


What in hell are YOU talking about Tecumsehbonesforbrains???????????????????????????? ????????????


YOU ARE A YANKEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!


How does Cdn debt affect the likes of YOU IN ANY WAY???????????????????????????????????



Bonesforbrains is an arrogant entitled LIE-beral BOOB who has come to this CANADIAN WEB sitre to sell his LIE-bersal CRAP.........


because he got LAUGHED OFF Yankee web sites!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !


What a MAROON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
White_Unifier
#227
Swilled the Beer! A strong country benefits its neighbours just as a weaker one weakens its neighbours.
 
coldstream
#228
China has been in war for domination of the Global Economy since it was allowed into the WTO 20 years ago.

There is a glut of untethered, viscous, liquid money sloshing around the world. Much of it is in the hands of China which is awash with Western Currencies by way of the huge balance of trade surplus they have racked up with these countries. The western nations, in perennial deficit, try to mop up some of it by selling their bonds to China, which is a way of selling their sovereignty into leverage.

Some of it goes to establishing the proprietary Chinese Belt and Road infrastructure projects dedicated to entrenching Chinese global trading hegemony and built through indenturing foreign governments with debt.

But a lot of it is just chasing global investments .. real estate, stocks, enterprises, technologies, art .. any hard assets That ratchets up prices to a point where they are unaffordable to domestic consumers as has happened with property prices in Vancouver.

This is all a ticking time bomb. It is untenable. Bond defaults, monetary collapse, hyperinflation, global depression, political revolutions, World War are all potential outcomes. But the status quo is unsustainable.

China has to be confronted. And the only way to do that is to reestablish sovereign national, integrated, self sufficient, economies in the West. Trump isn’t that good at articulating a vision, but that has to be at the core of permanent institutionalized tariff regime in the U.S.. and the rest of the West.

It has to be based on flexible bilateral agreements rather than the entrenched multilateral global trading structure. It cannot be some transient bargaining ploy to reinstate a ‘fairer’ system of multilateral trade agreements. They will never work.
Last edited by coldstream; May 17th, 2019 at 01:34 PM..
 
spilledthebeer
#229
Quote: Originally Posted by White_Unifier View Post

Swilled the Beer! A strong country benefits its neighbours just as a weaker one weakens its neighbours.




So WHY then is Our idiot Boy trying to turn us into Chinese peasants ENSLAVED by the Peoples Liberation Army?????????????


There are THOUSANDS of people risking their LIVES to cross the southern deserts to get into United States!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And there are people paying good money to be ALLOWED



OUT of the Chinese Peoples Republic!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


How is it that western values like capitalism and democracy are held in such high esteem around the world that even the Chinese



Communist Party has ENCOURAGED capitalist reforms in that land???????????????????????????????


These are SIMPLE QUESTIONS......................................... ...


that LIE-berals CANNOT ANSWER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!
 
petros
#230
Quote: Originally Posted by Tecumsehsbones View Post

There will be the appropriate adjustment. How much it hurts depends on how much discipline we show now.
We're screwed.

Winter is coming and so is war.

War is excellent for the economy.
 
spilledthebeer
#231
Quote: Originally Posted by petros View Post

Winter is coming and so is war.

War is excellent for the economy.




War IS NOT good for the economy...........................................


IF you are defeated!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!


And LIE-berals want us to SURRENDER instantly......................................... .......................


to Chinese Communists who routinely execute their own citizens!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Even worse............................................. ....


LIE-berals think that adopting Sharia Law is a fine way to ensure there is no war with Muslim Radicals.................................


but oh dear.............................................


adopting Sharia Law would involve that HUMILIATING TOTAL SURRENDER thing............................................


that LIE-berals DO NOT wish to admit they are working for!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
Curious Cdn
Conservative
#232
Quote: Originally Posted by petros View Post

Winter is coming and so is war.
War is excellent for the economy.

That's how you always see things when you live in Saskatchewan.
 
spilledthebeer
#233
Quote: Originally Posted by Curious Cdn View Post

That's how you always see things when you live in Saskatchewan.




If war Truly IS COMING............................................ .........


then it is simply because some ASSHAT DICTATOR.......................................... ...........


has become CONVINCED......................................... ...


we are all as DUMB and muddled headed.......................................


as Our idiot Boy Justin and his loser LIE-berals!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!1

 
Ocean Breeze
Free Thinker
#234
As Trump escalates China trade dispute, economic ties lose stabilizing force in matters of national security

https://www.washingtonpost.com/world...evening&wpmm=1


The lunatic: Trump's provocative behaviour and words can easily trigger off a major crisis .....
 
spilledthebeer
#235
Quote: Originally Posted by Ocean Breeze View Post

As Trump escalates China trade dispute, economic ties lose stabilizing force in matters of national security

https://www.washingtonpost.com/world...evening&wpmm=1


The lunatic: Trump's provocative behaviour and words can easily trigger off a major crisis .....






Oh DEAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


The Ocean Breeze has BLOWN AWAY both common sense and logic!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Hey Breezy...........................................


why dont you read the article below and get a REAL PICTURE........................................... .........


of how China will do business in a world without "Yankee lunatics"......................................... ....


to PROTECT US!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!






Here is an article illustrating how dangerous it is to create close economic ties with Red China as Our idiot Boy Justin wants to do. With some comments of my own in brackets):

It Doesn’t Matter if Ecuador Can Afford This Dam. China Still Gets Paid.

By NICHOLAS CASEY and CLIFFORD KRAUSS

New York Times.

Published: Dec 25,2018

REVENTADOR, Ecuador — The dam sits under the glare of an active volcano, with columns of ash spewing toward the sky.

Officials had warned against the dam for decades. Geologists said an earthquake could wipe it away.

Now, only two years after opening, thousands of cracks are splintering the dam’s machinery. Its reservoir is clogged with silt, sand and trees. And the only time engineers tried to throttle up the facility completely, it shook violently and shorted out the national electricity grid.

This giant dam in the jungle, financed and built by China, was supposed to christen Ecuador’s vast ambitions, solve its energy needs and help lift the small South American country out of poverty.

Instead, it has become part of a national scandal engulfing the country in corruption, perilous amounts of debt — and a future tethered to China.

Nearly every top Ecuadorean official involved in the dam’s construction is either imprisoned or sentenced on bribery charges. That includes a former vice president, a former electricity minister and even the former anti-corruption official monitoring the project, who was caught on tape talking about Chinese bribes.

(In light of this kind of information- should we trust the likes of Our idiot Boy Justin to arrange “deals” with China? With Our idiot Boy telling us “he likes the way the Chinese get things done” -which is apparently a reference to being able to re-write the history books to EDIT OUT Red Party screwups! And Lord knows |Our idiot Boy has a lot of stupidity to hide as well- especially since the entire Trudeau clan has told us of their fondness for bloody handed Cuban Soviet dictator Castro?)

(And Pierre Trudeau casually praised what he called “the genius of Chinese Chairman Mao for rushing 30 million Chinese to the gallows” during the Great Leap Forward! Or we could mention the aspiring film maker Sacha Trudeau who has collaborated with Iranian Ayatollahs in making anti Yankee and anti Israel propaganda films!)

Then there is the price tag: around $19 billion in Chinese loans, not only for this dam, known as Coca Codo Sinclair, but also for bridges, highways, irrigation, schools, health clinics and a half dozen other dams the government is scrambling to pay for.

It doesn’t matter whether Ecuador can afford them.

China gets paid either way.

To settle the bill, China gets to keep 80 percent of Ecuador’s most valuable export — oil — because many of the contracts are repaid in petroleum, not dollars. In fact, China gets the oil at a discount, then sells it for an additional profit.

(This of course is a big reason why Stephen Harper prohibited China from buying a big stake in Cdn oil patch! WE CAN of course SAFELY sell oil to China on OUR terms- but we MUST RETAIN overall control of OUR RESOURCE!!!!!! )

Pumping enough oil to repay China has become such an imperative for Ecuador that it is drilling deeper in the Amazon, threatening more deforestation.

(IN other words between the fiscal mess Ecuador has sunk itself in and coupled with the Cdn LIE-beral refusal to put our oil on international markets- we are actually aiding Amazon forest destruction! China wants to burn less coal and more natural gas because it is cleaner- and yet Our idiot Boy would rather leave Cdn natural gas and oil in the ground and force China to burn Australian coal!)

(LIE-berals forced Cdns to stop using coal at considerable cost- and then IGNORED options for PROFITING from helping China move away from coal use- how ABSURD IS THAT? And there is lots of natural gas on world markets but MUCH OF it is produced by “fracking” - unlike Cdn natural gas which does not need such a destructive option to be collected! And of course many people WOULD RATHER buy oil and natural gas from Cdns instead of dealing with vicious Russians!)

(Can LIE-beral policy get ANY MORE SCREWED UP? Our vaunted LIE-berals are screwing up national security, aiding our Chinese, Russian, North Korean and Iranian enemies and scorning options for saving parts of the world environment!!!)

But that is not enough. Hobbled by the debts, President Lenín Moreno has slashed social spending, gasoline subsidies, several government agencies and more than 1,000 public jobs. Most economists expect the country to slide into recession, stirring outrage.

(As the 19th century Soviet revolutionary Bakunin stated: “it is not necessary for the majority of the population to support the revolution; all that is needed is for a majority of the population to distrust its social institutions and become open to change”! In other words- bad govt - of the LIE-beral sort creates situations that Red Guards can take advantage of!)

(In Russia- the first free election after the Czar was deposed put a weak coalition of Moderates into power- with the leader being a guy named Kerensky- who wanted Russia to become a Parliamentary Monoarchy like Britain- but heavily armed Red Guards acting on plans drawn up by Lenin dissolved that legitimate govt at gun point!!)

(This sort of national distrust of institutions that Soviet cadres- whether they be Chinese, Russian or even Cdns like Our idiot Boy- can then exploit for Soviet advantage, is being used in Ecuador! And of course Our idiot Boy and his loser |LIE-berals are working hard to create the same sort of national distrust in Canada- with their massive debts, shameless vote buying, constant accusations of “systemic racism” and their deliberate neglect of criminal issues such as money laundering and organized crime activity!)

(Pierre Trudeau infamously told a group of reporters- back before he had any political ambitions- that if he ever became prime minister- “he would take Canada from the past into the future via the route of radical socialism”! )

(Of course once Pierre got interested in politics - he then had to DENY ever saying such a thing! And had to deny ever leading Cdn “peace delegations” to Moscow for Soviet propaganda shows! Former Toronto Telegram and later Toronto Sun reporter - the Czech born Lubor Zink- routinely trotted out these ugly Trudeau ideals - with Trudeau threatening to sue for slander! With Zink DARING TRUDEAU to do just that- Zink sneering “you bring your witnesses and I will bring mine! Pierre settled for banning Zink from all federal media events and never speaking either Zink`s name nor that of Toronto Sun!!)

(Pierre Trudeau has told us in writing that “the war against Nazi Germany is British Imperialism”! Pierre also told us he wanted to destroy what he called “Cdn Imperialism”! It seems obvious to me that what Pierre called Cdn Imperialism is now being called “white privilege” by his idiot son Justin!)

“China took advantage of Ecuador,” said Ecuador’s energy minister, Carlos Pérez. “The strategy of China is clear. They take economic control of countries.”

(Yes- China is on the hunt for power and prestige and mostly- for RAW RESOURCES FOR ITS PEOPLE! WE should NOT let Our idiot Boy lead us into a friendship with murderous Chinese Soviets!!!!!!)
 
Twin_Moose
Conservative
#236
If someone thinks China isn't feeling the squeeze think again

Get ready for difficult times, China's Xi warns during trade was

Quote:

BEIJING (Reuters) - China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the country faces increased tariffs in a bitter trade war with Washington.
The two countries are locked in tit-for-tat tariff increases on each other's imports, after talks broke down to resolve their dispute.
Acrimony has intensified since Washington last week blacklisted Chinese telecom equipment company Huawei Technologies Co Ltd, a potentially devastating blow for the company that has rattled technology supply chains and investors.
During a three-day trip this week to the southern province of Jiangxi, one of the cradles of China's Communist revolution, Xi urged people to learn the lessons of hardship of the past.
"Today, on the new Long March, we must overcome various major risks and challenges from home and abroad and win new victories for socialism with Chinese characteristics," state news agency Xinhua paraphrased Xi as saying.
"Our country is still in a period of important strategic opportunities for development, but the international situation is increasingly complicated," he added.
"We must be conscious of the long-term and complex nature of various unfavorable factors at home and abroad, and appropriately prepare for various difficult situations."
The report did not elaborate on those difficulties, and nor was there a direct mention of the trade war or of the United States.
Xi also talked about the importance of technology, and "emphasized that technology innovation is the lifeblood of companies".
"Only by having indigenous intellectual property and core technology can products possessing core competitiveness be produced, and only then can an invincible position be attained amid fierce competition."
China must master more core technologies and seize the "high ground" in industrial development, he added.
Xi visited a rare earths firm too, sparking speculation the sector could be the next front in the Sino-U.S. trade war.
Xi learned in detail about China's rare earth resource situation, exploitation techniques, applications, and environmental protection measures, Xinhua said.
"Rare earths are important strategic resources, and are non-renewable resources."
(Reporting by Stella Qiu, Michael Martina and Ben Blanchard; Editing by Nick Macfie and Jacqueline Wong)

If Xi is running around calming fears of the manufacturing industry you know he is under extreme pressure to do something
 
spilledthebeer
#237
Quote: Originally Posted by Twin_Moose View Post

If someone thinks China isn't feeling the squeeze think again

Get ready for difficult times, China's Xi warns during trade was



If Xi is running around calming fears of the manufacturing industry you know he is under extreme pressure to do something




Difficult times coming?????????????????????????//


What does that mean?????????????????????????


The last pair of shoes I bought DISINTEGRATED when I got caught in the rain!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


This compares rather BADLY to more costly shoes made in other countries....................................


that DO NOT fall apart when they get wet!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!


Bring on those kind of shoes.....................................


and leave bloody handed Chinese Communist dictators OUT IN THE COLD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 
Ocean Breeze
Free Thinker
#238

Trump says U.S. will impose 5 percent tariff on all Mexican imports beginning June 10 in dramatic escalation of border clash


President Trump on Thursday said he would impose the tariff until undocumented migrants cease crossing the border, a dramatic escalation of his immigration fight that could have major consequences for the U.S. economy.

Trump, in a series of Twitter posts, said the tariffs would increase "until such time as illegal migrants coming through Mexico, and into our Country


source: WAPO
 
Curious Cdn
Conservative
#239
Trump is threatening to put a tariff on imported Uranium from Canada citing "national security" .... which makes zero sense, as the USA only produces 7% of their domestic Uranium requirements.

WTF?

We should be slapping the tariff on our Uranium to cash in on this favourable supply/demand situation. Further proof that Trump is a charlatan ... and batshit crazy, too.

Uranium is in really short supply around the World and we will have no problem finding lots of other takers. That'll make America even stronger!

MAGA!!



http://business.financialpost.com/co...import-tariffs
 
taxslave
Free Thinker
#240
Quote: Originally Posted by Ocean Breeze View Post


Trump says U.S. will impose 5 percent tariff on all Mexican imports beginning June 10 in dramatic escalation of border clash

President Trump on Thursday said he would impose the tariff until undocumented migrants cease crossing the border, a dramatic escalation of his immigration fight that could have major consequences for the U.S. economy.
Trump, in a series of Twitter posts, said the tariffs would increase "until such time as illegal migrants coming through Mexico, and into our Country
source: WAPO

Must be nice to have a leader that cares about his country.
 

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