U.S. markets reeling after China hits back

captain morgan

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But isn't international trade all about winning, about crushing the opposition? How in the world did Trump survive in business with the economic knowledge he's now demonstrating?

In the past, Trump was always able to threaten to walk across the street to source another service provider or product... That was a lot of leverage when dealing with much smaller suppliers, etc.
 

JLM

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In a trade war, nobody wins, everyone loses. I don't want Canada to win. I want all parties involved including Canada to profit collectively. There is a difference. Why would any country sign a losing trade agreement? Trump must be totally narcissistic to believe that any country would do that.

He's probably of the same mindset as when you and I go out to buy a car and are ready to dicker until the cows come home. We don't mind the other side to come away with a dollar, we are just not ready to give up a $million. :)
 

Curious Cdn

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In the past, Trump was always able to threaten to walk across the street to source another service provider or product... That was a lot of leverage when dealing with much smaller suppliers, etc.

It's easy to beat the piss out of a supplier if you're times bigger than them. The dynamic changes to some manner of fair negotiations if you are approximately eqial.
 

White_Unifier

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Feb 21, 2017
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It's easy to beat the piss out of a supplier if you're times bigger than them. The dynamic changes to some manner of fair negotiations if you are approximately eqial.

Even when you are multiple times bigger, if you bully enough people, they start to coalesce. States are not much different.
 

pgs

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One man's heaven is another man's hell. Cities are a pox on the Earth and humans are a disease.
Have you been making your view known to council on that big RV Resort coming to your neighbourhood?
 

OpposingDigit

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HI! EagleSmack

I have not walked down the streets of Manhattan .....

Hollywood: The American Dream Deferred
By Marcel Cartier
March 28, 2018
https://redfish.media/hollywood-the-american-dream-deferred

"What happens to a dream deferred?
Does it dry up like a raisin in the sun? Or fester like a sore— And then run? Does it stink like rotten meat? Or crust and sugar over—like a syrupy sweet? Maybe it just sags like a heavy load. Or does it explode?"

--Langston Hughes--

"... there are just nine permanent toilets and five temporary ones for 2,500 people. Skid Row, in the world’s most powerful economy, has 180 toilets less than the minimum standard for a United Nations refugee camp in Syria....."

Humanitarian Crisis In Hollywood
Hollywood’s A-list glamour can’t hide it’s homelessness crisis, so extreme a United Nations investigator warns the American dream is becoming the American illusion.
By Marcel Cartier
March 25, 2018
(YouTube Video)

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taxslave

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something trump also has had no success in.

Trade agreements are for the most part carried out by career bureaucrats who have zero interest in ever producing an agreement. Business people want agreements to be done quickly so they can carry on making money.
This is why the Political Elite don't like Trump, he expects them to do what they are being paid vast sums of tax dollars to do.

Market is reeling up today.

Damn that is tough to take. I hope flossy didn't short too much.
 

pgs

Hall of Fame Member
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Trade agreements are for the most part carried out by career bureaucrats who have zero interest in ever producing an agreement. Business people want agreements to be done quickly so they can carry on making money.
This is why the Political Elite don't like Trump, he expects them to do what they are being paid vast sums of tax dollars to do.



Damn that is tough to take. I hope flossy didn't short too much.
The only thing flossy knows about short , is that they are the pants he sh-ts into .
 

captain morgan

Hall of Fame Member
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It's easy to beat the piss out of a supplier if you're times bigger than them. The dynamic changes to some manner of fair negotiations if you are approximately eqial.

... And if that supplier is the one that is (in part) responsible for keeping the cost of living down?

You might want to reassess exactly who has who by the balls
 

Curious Cdn

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... And if that supplier is the one that is (in part) responsible for keeping the cost of living down?

You might want to reassess exactly who has who by the balls

You might want to reassess the concept of having a single supplier of anything.
 

Twila

Nanah Potato
Mar 26, 2003
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Trade agreements are for the most part carried out by career bureaucrats who have zero interest in ever producing an agreement. Business people want agreements to be done quickly so they can carry on making money.
This is why the Political Elite don't like Trump, he expects them to do what they are being paid vast sums of tax dollars to do.

I guess you're only experience with business has been with unethical business. That's too bad. But if you expect to see that, you will.

I've been fortunate enough to work for a few companies who are not out to rip each other off or undercut until nobody can survive.

Wall Street to Trump: No trade wars. And lay off Amazon

Wall Street to Trump: No trade wars. And lay off Amazon

trump went after an angel investor. what a dumbass. Jeff Bezo's an angel investor many R&D companies in high Tech industry.

trump doesn't understand loyalty and respect. Probably never will.
 

OpposingDigit

Electoral Member
Aug 27, 2017
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The Rough Lives of Older Americans in ‘Nomadland’
Living in cars, working for Amazon: meet America's new nomads
Jessica Bruder
Rising rents are leading Americans to live in cars and other vehicles, writes Jessica Bruder, the author of Nomadland
December 02, 2017

https://www.theguardian.com/commentisfree/2017/dec/02/nomadland-living-in-cars-working-amazon

They live in RVs and drive from one low-wage job to another
By Richard Eisenberg
October 25, 2017
http://www.nextavenue.org/older-americans-nomadland

RICHARD EISENBERG: Tell me about Amazon’s CamperForce program, which hires thousands of Nomads.

JESSICA BRUDER: It began in 2008, within months after the housing collapse. Amazon contracts with an RV park and pays the CamperForce to do warehouse work loading and packing and order fulfillment. From the outside looking in, you’d say: ‘Why would you want older people doing this? The jobs seem suited to younger bodies.’ But so many times, the recruiters in the published materials talk about the older people’s work ethic and the maturity of the workforce and their ‘life experience,’ which is a code word for ‘Hey, you’re old.’

Since 2009, the year after the housing crash, groups of such workers had migrated each fall to the mobile home parks surrounding Fernley. Most had traveled hundreds of miles – and undergone the routine indignities of criminal background checks and pee-in-a-cup drug tests – for the chance to earn $11.50 an hour plus overtime at temporary warehouse jobs. They planned to stay through early winter, despite the fact that most of their homes on wheels weren’t designed to support life in subzero temperatures.

Their employer was Amazon.

Amazon recruited these workers as part of a program it calls CamperForce: a labor unit made up of nomads who work as seasonal employees at several of its warehouses, which the company calls “fulfillment centers”.
https://www.wired.com/story/meet-camperforce-amazons-nomadic-retiree-army

Along with thousands of traditional temps, they’re hired to meet the heavy shipping demands of “peak season” – the consumer bonanza that spans the three to four months before Christmas.

While other employers also seek out this nomadic workforce – the available jobs range from campground maintenance to selling Christmas trees and running amusement park rides – Amazon has been the most aggressive recruiter. “Jeff Bezos has predicted that, by the year 2020, one out of every four work-campers – the RV- and vehicle-dwellers who travel the country for temporary work – in the United States will have worked for Amazon,” read one slide in a presentation for new hires.

Amazon doesn’t disclose precise staffing numbers to the press, but when I casually asked a CamperForce manager at an Amazon recruiting booth in Arizona about the size of the program, her estimate was some 1,400 workers.

The workers’ shifts last 10 hours or longer, during which some walk more than 15 miles on concrete floors, stooping, squatting, reaching, and climbing stairs as they scan, sort, and box merchandise. When the holiday rush ends, Amazon no longer needs CamperForce and terminates the program’s workers. They drive away in what managers cheerfully call a “taillight parade”.

Amazon has been the most aggressive recruiter of this nomadic workforce.
https://i.guim.co.uk/img/media/ba43...43bff20863d710/0_60_1800_1080/master/1800.jpg

The first member of CamperForce I corresponded with at great length, over a period of months, was a man I’ll call Don Wheeler. Don had spent the last two years of his main career as a software executive, traveling to Hong Kong, Paris, Sydney and Tel Aviv.

Retiring in 2002 meant he could finally stay in one place: the 1930s’ Spanish colonial revival house he shared with his wife in Berkeley, California. It also gave him time to indulge a lifelong obsession with fast cars. He bought a red-and-white Mini Cooper S and souped it up to 210 horsepower, practicing until he was named third overall in the US Touring Car Championship pro series.

The fast times didn’t last.

When I started exchanging emails with Don, he was 69, divorced, and staying at the Desert Rose RV park near the warehouse in Fernley. His wife had gotten to keep the house. The 2008 market crash had vaporized his savings. He had been forced to sell the Mini Cooper. In his old life, he’d spent about $100,000 a year. In his new one, he learned to get by on as little as $75 a week.

By the end of the 2013 holiday season, Don anticipated he’d be working at the Amazon warehouse five nights a week until just before dawn, on overtime shifts lasting 12 hours, with 30 minutes off for lunch and two 15-minute breaks. He’d spend most of the time on his feet, receiving and scanning inbound freight. “It’s hard work, but the money’s good,” he explained.

Don told me that he was part of a growing phenomenon. He and most of the CamperForce – along with a broader spectrum of itinerant laborers – called themselves “workampers”. Though I’d already stumbled across that word, I’d never heard anyone define it with as much flair as Don. He wrote in a Facebook direct message to me:

"Workampers are modern mobile travelers who take temporary jobs around the US in exchange for a free campsite – usually including power, water and sewer connections – and perhaps a stipend. You may think that workamping is a modern phenomenon, but we come from a long, long tradition."