US Stock Market Officially Crashes
- Thread starter mentalfloss
- Start date
Thanks to the fed raising interest rates mr fake news.
Just wait till they do that here, it will be goodnight irene
Fed hikes rates and raises GDP forecast again
https://www.cnbc.com/2018/03/21/fed...ter-point-at-chair-powells-first-meeting.html
Just wait till they do that here, it will be goodnight irene
Fed hikes rates and raises GDP forecast again
https://www.cnbc.com/2018/03/21/fed...ter-point-at-chair-powells-first-meeting.html
Rubbing elbows with the proletariat, are you?
How can you stand it?
I'm doing just fine.
I live in Ontario.
Rubbing elbows with the proletariat, are you?
How can you stand it?
I know hey. Tough times bro. Tough times.
The implementation of Trump's China tariffs will not come into effect for at least a month and maybe 6 months. And, the tariffs will apply to the technology sector. And America buys very little Chinese technology anyway.
Trump did this because he knows that economic turmoil is on the immediate horizon with the Gold-Backed Oil/Yuan exchange opening very soon which will greatly affect the U.S. economy.
Trump did not want to be seen as reacting to China's threat against the U.S. Dollar and the damage being done to the U.S. economy.
So, Trump initiated this self inflicted wound so as to appear that he was in charge and that he was in control and not because of any threat China posed to the U.S. remaining as the Reserve Currency. The media needed a Talking Point in order to explain the financial turmoil and Trump gave them tariffs and trade wars as the excuse to use in TV-Land.
The market turmoil is not because of any trade war .... it is because of the new oil/Yuan exchange which China will open on March 26.
Trump did this because he knows that economic turmoil is on the immediate horizon with the Gold-Backed Oil/Yuan exchange opening very soon which will greatly affect the U.S. economy.
Trump did not want to be seen as reacting to China's threat against the U.S. Dollar and the damage being done to the U.S. economy.
So, Trump initiated this self inflicted wound so as to appear that he was in charge and that he was in control and not because of any threat China posed to the U.S. remaining as the Reserve Currency. The media needed a Talking Point in order to explain the financial turmoil and Trump gave them tariffs and trade wars as the excuse to use in TV-Land.
The market turmoil is not because of any trade war .... it is because of the new oil/Yuan exchange which China will open on March 26.
Still looking for attention, sweetie? You're going to have to accept that there are a lot of things about which you know little or nothing. This topic is one of those 'you don't know nothing' times. Like most threads. But you're young.
You should be in bed anyway. School in the morning. You want to walk to school with Flossy, right?
You should be in bed anyway. School in the morning. You want to walk to school with Flossy, right?
So you keep saying , has your ForEx account orders in to take advantage of this situation?
Hi! Hoid
It is not "Manufactured Goods" like shoes and whatever .... It is technology/robotics which tariffs are being applied to. And, the U.S. buys very little Chinese technology in the big picture. In fact, over the past 5 years, they have been doing everything they can to dissuade every other NATO member to curtail imports and refuse Chinese investment into the technology sector.
And, I really don't understand why you don't see the new oil/Yuan exchange as a huge threat. If there is just a 15 percent decline in demand for U.S. Dollars, it hugely harms the U.S. economy. Just China alone purchasing oil with the Yuan and not the U.S. Dollar is huge because China is the worlds largest oil importer.
Explore all $506 billion in goods that the US imported from China in 2017
By David Yanofsky
March 22, 2018
https://qz.com/1232833/explore-all-506-billion-in-goods-that-the-us-imported-from-china-in-2017
It is not "Manufactured Goods" like shoes and whatever .... It is technology/robotics which tariffs are being applied to. And, the U.S. buys very little Chinese technology in the big picture. In fact, over the past 5 years, they have been doing everything they can to dissuade every other NATO member to curtail imports and refuse Chinese investment into the technology sector.
And, I really don't understand why you don't see the new oil/Yuan exchange as a huge threat. If there is just a 15 percent decline in demand for U.S. Dollars, it hugely harms the U.S. economy. Just China alone purchasing oil with the Yuan and not the U.S. Dollar is huge because China is the worlds largest oil importer.
Explore all $506 billion in goods that the US imported from China in 2017
By David Yanofsky
March 22, 2018
https://qz.com/1232833/explore-all-506-billion-in-goods-that-the-us-imported-from-china-in-2017
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