U.S. markets reeling after China hits back

pgs

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Nov 29, 2008
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Socialist overlords? All the governments of those nations are socialist. Even the so-called conservative parties in those nations are moderately left wing. And try to educate yourself. Confusing democratic socialism with authoritarian communism is pure ignorance.
That’s right the nurses union in Sweden operate for profit health centres to help stem the back log int their public system .
 

JLM

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Nov 27, 2008
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Sure, but that should be an individual decision. US manufacturers do produce things that can benefit Canada. If Trump wants to hurt the US economy, we can't do much about it but we shouldn't be aggravating the situation for ourselves through retaliatory tariffs. That's like telling the US that if the US shoots itself in the foot, we'll shoot ourselves in the foot too in retaliation.


Good point! :)
 

Danbones

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Alex Jones forecast the current economic rends over and over.
;)
oooops that's why Suckerburg banned him...after having his stock whacked to get him to jump as he is told to.
 

MHz

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ES: When you are Air America cruising along in the South China Seas and all the speakers on the plane carry this message in perfect English,. 'This is China. Leave.' What would their next move be?



The news headline about Chinese troops helping Assad in the North could be tied to the news that they now own all of France's investment in Iran. France was pushing sending troops to that area so the could continue to exert pressure in the are by being the UN representative. China will not move in with just a few people. It will be the guards in the Golan Heights and Chinese contractors will be building things like Gaza's new 3 mile island as that will be how she open up to the investment international community, well, most of the international community.
 

captain morgan

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A Mouse Once Bit My Sister
Been talked about for years and it ain’t gonna happen any time soon.
The program is already in place


And as gold tanks so does that plan.
Gold values are pegged to the USD... As the USD falls, the value of gold rises.


As per your earlier post re: the Chinese and Russians amassing gold (and don't forget the Saudis, UAE and Kuwaitis), you just watch what happens to the USD if those nations start a few trades on a gold/oil exchange
 

MHz

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I read and listen at the right moments. Why does it always come as news to you?


Does it matter if it comes from CNN?
https://www.cnn.com/2018/08/10/politics/south-china-sea-flyover-intl/index.html
During the flight the crew received six separate warnings from the Chinese military, telling them they were inside Chinese territory and urging them to leave.
"Leave immediately and keep out to avoid any misunderstanding," a voice said.


Iran: China's state-owned energy CNPC takes over French Total | Inquirer Business


https://www.memri.org/reports/chine...icipate-some-way-battle-idlib-alongside-assad


https://www.telegraph.co.uk/news/20...oposes-building-artificial-island-coast-gaza/
 

petros

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Nov 21, 2008
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The news headline about Chinese troops helping Assad in the North could be tied to the news that they now own all of France's investment in Iran.
Another dumb f-ck who can't read.

TEHRAN, Iran — Iran’s official IRNA news agency is reporting that China’s state-owned petroleum corporation has taken a majority share of the country’s South Pars gas project after French oil and gas company Total announced it would pull out because renewed U.S. economic sanctions against Iran.

The Saturday report quotes Mohammad Mostafavi, an official in Iran’s state oil company, as saying CNPC now owns 80 percent of the shares in the $5 billion project, having bought shares from Total.

80% of 1 project is all of French interests in Iran?

WOW!
 

MHz

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You forgot the long list of imvestments they have in the area. You knw after the bailed out in 2006.


Iran signed a deal Monday with France’s Total SA and China’s state-run China National Petroleum Corporation (CNPC) to develop the South Pars offshore field, one of the world’s largest natural-gas fields. The $5 billion agreement is the first energy deal between foreign companies and Iran since Tehran signed the landmark nuclear deal with the U.S. and other world powers in July 2015, a move that was followed by the lifting of certain sanctions against the Islamic republic.
The contract, which was signed in Tehran, is for 20 years, and involves 20 wells, two wellhead platforms, and to connect two existing facilities by underwater pipeline. A second phase includes constructing offshore compression facilities. The project’s goals is to process 2 billion cubic feet of natural gas each day, the equivalent of about 400,000 barrels of oil. Total will have 50.1 percent stake in the deal, with CNPC taking 30 percent, and Petropars, a subsidiary of the state-run National Iranian Oil Company, 19.9 percent.
“This is a major agreement for Total, which officially marks our return to Iran to open a new page in the history of our partnership with the country,” Total’s CEO, Patrick Pouyanné, said in a statement Monday. “Total will develop the project in strict compliance with applicable national and international laws.”

Total had previously worked on the oil field, but pulled out in 2006 when sanctions were imposed against Iran over its nuclear program, which critics said was being used to develop nuclear weapons—a claim Iran denies.


How much of the contract was completed or had France even started any of it?
 

Walter

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Jan 28, 2007
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Another thread title made by that poster who is always 180 degrees wrong. Markets are reeling again today to record heights. MAGA
 

Hoid

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The Obama Recovery just keeps ticking.

But not so much for the Dow Jones...and definitely not for GE