I hear you, but I don’t think they could be specifically ruled out as TIC data never gives the full picture. As you mentioned, they don’t trade like a stock, but if a large amount needed to be moved, you’d see the move we are witnessing. I’d then expect machines and their synthetics to chase it everywhere. I don’t disagree any guess is pure speculation though. We will see!
This man compromised.
1 Like
Chinese selling down like crazy. Good call by the “very stable genius”.
5 Likes
Where are all the American hubris telling china will fold? LOL
Boys will be boys
That was my favorite if you saw the press secretary address this
1 Like
What she said was not an “explanation” but a dodge:
“Boys will be boys, and we will let their public sparring continue.”
As the White House, the front should be united whether you agree or not. Just adds to the nonsense and the narrative that there is a lack of coordination and plan.
2 Likes
Most of you act like you are on CNN or something. Most of you are wrong and spreading your propaganda… unless you have a crystal ball, you need to keep your agenda to yourself.
Keep making same threads over and over again with different titles.
6 Likes
I don’t think either side will fold necessarily, but they will mutually compromise. Looking at the issue as anything more than immense co dependence is a big misunderstanding IMO.
China cannot simply just screw over the US and continue as is, it would dramatically hurt them as well. Everyone says they’re ready for pain, until they’re punched in the mouth.
Question of the day: What does China make that you “cannot” live without. Meaning your cant live you daily life without this item.
I will go first…Nothing, they make nothing i cant get locally or live without.
China manufacturing is basically where we were in the 70s for pay for workers based on living expenses. Theyre no longer cheap which is why production of many things are leaving there. Other countries that want to enter our markets will play ball and be rewarded with jobs, increasing their middle class. They don’t exactly have a winning hand here at all that I can see…
1 Like
Yeah ruined the one that was actually talking about cars and the impact there
1 Like
Do you walk around naked?
10 Likes
Believe it was Kim Il Sung who said that first. You’re just quoting him.
3 Likes
Sigh… Next thread about to be locked…
6 Likes
It is hard to believe you actually typed out those words and hit reply.
10 Likes
Trump’s economic advisor from term one answered this question. Nothing. Except Americans don’t want to work in factories.
Why? Well of course working on a factory means you can’t be on LH during the work day. The politicians talking about us manufacturing a lot more things here aren’t the ones who are going to go work in a factory.
We already have too many manufacturing jobs for the number of workers who want to do them. To dramatically increase the manufacturing workforce will require huge wage increases.
Personally I’d take 100k for an office job rather than 125k to be a welder. You?
6 Likes
That doesn’t mean your life would be better off without their products.
Yes we can live without them but it will be tremendously more painful, less efficient and more expensive. It’s pretty impossible to argue anything to the contrary
2 Likes
Thanks for at least answering the question. Im sure different advisors have different opinions, much like the arguments on the 40 threads open to argue about the same topic. You would be far better off as a welder making 125k for many reasons. You learned an invaluable skill that is in very high demand, Overtime, Side jobs…you basically print money.
The vast majority of our clothes are made in Vietnam and Bangladesh. But as a family we have made a concerted effort to eliminate chinese products from our home. More so for the cheap quality and contaminates in many of them. Nothing against the people of China they have no rights.
Hard to believe you didnt answer the question.
You can easily earn overtime working an office job or at least the equivalent via bonuses, etc. Side jobs/hustles also aren’t limited to trades. I’d rather take the job that isn’t physically demanding day in and day out, even for a little less pay, so my body isn’t wrecked at age 50. There’s a lot to be said about quality of life long term.
8 Likes
My father was a welder and a very good one. He had his own shop and repaired damaged cranes and other specialty fabrication jobs. I worked in the shop with him for extra money when I was younger and it was a very tough job. He was forced to retire early for various ailments. He has serious issues with his sight, his hearing, his neck, and back, all as a result of the work. The money was not great. I am sure safety equipment is a bigger deal now, and maybe the pay is better, but I would not take that job for twice what I am making now at my office job.
13 Likes