China is mobilizing internally to fight firmly with the US

as traders we need to make sure we're on the right side of the market in this environment. money can always be made no matter what these politicians do.

Aug 7, 2019 11:59am

Quoting impunctual20

Disliked

{quote} I am not even a Trump fan but you need some fact checking, just because China doesn't go around announcing and threatening on twitter it doesn't mean they are innocent on this.

Ignored

You are missing the point! The USA is the biggest bully on earth. They get what they want ... period!
This is the biggest economy in the world and China's biggest & richest customer.

Aug 8, 2019 2:14am

Quoting DonFF

Disliked

{quote} .... He is yet to do something on the stage that all people can say at least he did this one thing to impact the world in a positive way without getting anything back in return. ....

Ignored

The current POTUS is working for his own country first, and every other thing is second. He is attempting to balance the books (trade deficit), which is no bad thing.

On that front he is attacking Europe in the same way that he is attacking China, however the punches directed at Europe are currently not so big.

Aug 7, 2019 1:51pm — Edited

Quoting Rakeem

Disliked

No, China is the bigget economy on the world

Ignored

PRC is the biggest economy on total PPP basis only. On absolute scale, USA and the European Common Market are larger. On per-capita PPP basis, PRC is way behind not only these two, but Japan as well.

The elefant in the room is the qualitative difference between the Western Economies and PRC. Due to the CCP's "leading role" enshrined in their constitution, all of that GDP can be harnessed by CCP to achieve their (geo)political goals.

In contrast Japan, EU (as a whole or individual member state) and USA cannot legally (as of now) use the private wealth of their individual and corporate citizens for (geo)political ends. Up the point where "Western" corporations can willingly assist the past, present and future (geo)political rival CCP and their captured state, Mainland China, without suffering any political repercussions.

No wonder Comrade Hu feels so smug and pugnaceous.

Aug 8, 2019 8:43am

Quoting DonFF

Disliked

{quote} Current POTUS is even more pugnateous He is running his business interest right from the oval office. This is called stealing employers time in the private sector. There is literally no difference between what The USA does and what China does. Its purely a matter of opinion or understanding and awareness. Bush Junior came to office with a strong economy too good to be true soe he simply give back the public money to his friends and associates otherwise called tax breaks/cuts and then send the rest to his other friends in the war business....

Ignored

I do not argue with any of this. It is just as you say.

However, I support Trump administration's (emphasis on administration) tough line on PRC, in fact I think it is hopelessly late.

I also believe Trump is uniquely incapable of leading it to a successful for USA (thus for the West as a whole) conclusion. Most likely this is a major issue he will hand over to the next US president, something that is becoming a tradition since Bush II.

Something I have mentioned before here, there appears to be a bipartisan agreement in
USA Congress that PRC has become, or rather I should say, become again a problem more so than opportunity. This will outlive Trump's presidency, no matter 1 or 2 terms. Focusing just on Trump and his unique failures as human being and political leader can lead to a significant miscalculation of the situation.

The majority of market participants appear to me massively complacent about the brewing geopolitical storm, especially equity markets.

Let's say in a few days from now PLA hawks persuade Xi and Politburo to let the army loose on HK protesters. Then the streets of what was once Asia's Global City run red with the blood of people right in front of the cameras to the degree that Tiananmen "incident" will look like a walk in the park (the sheer numbers of protesters and the density of HK population virtually guarantees it). Where do we go from there?

It will be like W hearing reports about 9/11 in Texas school all over again. Failed as a leader or not, it will be up to Trump.

Just think of a few possible scenarios....and then try to go have a good night sleep.

Aug 8, 2019 1:36pm

Quoting Exodus

Disliked

{quote} Agreed, but first the 'phones' will have to get out of the country.

Ignored

Those will be mostly of interest to historians trying to put together an account of the events for posterity.

Once there is a full internet cutoff from HK, as you suggest, the panic on the financial markets will be gruesome. And the political implications will be that something horrible is going on, even if the actual scale is unknown. In the absence of accurate info, everyone will be acting on their worst case assumptions, and some decisions with stark and long ranging economic and political consequences will be made in this atmosphere in uncertainty and fear. This actually may turn out to be much more damaging to the CCP in the long run.

This played out very nicely just 2 days ago where the devaluation of the RMB was immediately met with putting PRC on the currency manipulator list without the scale, duration, and even whether it was a permanent one or just a blip on the chart, was clear.

Anyway, let's hope HK will be ok...

Trader#1154

Aug 7, 2019 12:42pm

Quoting Guest

Disliked

{quote} Yet, its currency is not the world's reserve currency. Speaks volumes about the level of world's confidence in the Yuan. It's saying it doesn't trust China yet.

Ignored

I don't think it has anything to do about trust, and everything to do about power.

Corruption is unavoidable, and some countries are just a bit more refined than others when it comes to dipping their hands into the honeypot...

US firmly took advantage of their position at the right time hence why we have Petro dollars backed by US and IMF loans taken out in US. This allows them the ability to print whatever they want, without having massive repercussions on their USD value.

Vancarbon

Aug 7, 2019 2:34pm

Ghass have you ever tried constructing a sentence without an expletive .

Try it . It may give your posts a bit more credence

Vancarbon

Aug 8, 2019 2:52am — Edited

Actually Don i would say how you conduct yourself gives you credence .

Always room to disagree

No need to paraphrase this

milicentfx

Aug 7, 2019 11:58am

Quoting Rakeem

Disliked

{quote} You are so wrong! This is all because of Trump! This ***** started and keep maitans the fire!

Ignored

mommie mommie make him stop!!!!!!!!

milicentfx

Aug 7, 2019 12:25pm

Quoting Rakeem

Disliked

No, China is the bigget economy on the world

Ignored

how will you use your observations to improve your trading?

Bakker

Aug 7, 2019 1:38pm

Quoting Brentrading

Disliked

as traders we need to make sure we're on the right side of the market in this environment. money can always be made no matter what these politicians do.

Ignored

So true! watch the charts, its all you need to do.

Aussi

Aug 8, 2019 3:54am

Quoting DonFF

Disliked

{quote} Current POTUS is even more pugnateous He is running his business interest right from the oval office. This is called stealing employers time in the private sector. There is literally no difference between what The USA does and what China does. Its purely a matter of opinion or understanding and awareness. Bush Junior came to office with a strong economy too good to be true soe he simply give back the public money to his friends and associates otherwise called tax breaks/cuts and then send the rest to his other friends in the war business....

Ignored

Aug 8, 2019 9:24am

Quoting ekan

Disliked

{quote} .... Let's say in a few days from now PLA hawks persuade Xi and Politburo to let the army loose on HK protesters. ...

Ignored

First there will be a total internet blackout in HK.
The disaster will not be available for live viewing, only by escaping storage, as last time.

Aug 8, 2019 9:31am

Quoting Aaafx-trader

Disliked

{quote} Trump is working for Trump's interest, not the USA or the republican party. The show down with China & Turkey serves only his own interests to be re-elected. As far as China goes, they never resisted the USA pressure like this. Before, they were doing what they were told .. quietly & effectively!

Ignored

President Xi was not 'president for all life' before. This is a bit like Robert Mugabe and Zimbabwe, except that wrecking the system is not the end-goal of president Xi.

Trump stood up and declared that he would bring jobs to the rust-belt and 'drain the swamp'. Well lookey here, jobs are coming back to middle America ... and the DNC has finally run out of ammo to keep the plug in the bottom of the swamp. The Clintons appear to be about to flee to Eire. Trump is the first president not to find excuses for why his election promises cannot be fulfilled, he is still attempting to deliver those promises.

Aug 8, 2019 1:04pm

Quoting ekan

Disliked

{quote} The videos of HK protests showed a very large number of protesters using phones and dedicated cameras to capture the events. If this eventuality comes to pass, we won't have just one tank man photo to go by.

Ignored

Agreed, but first the 'phones' will have to get out of the country.

Nico05

Aug 7, 2019 1:08pm

Currency war.. Gold silver Goong UP

Aug 8, 2019 9:58am

Quoting Exodus

Disliked

{quote} First there will be a total internet blackout in HK. The disaster will not be available for live viewing, only by escaping storage, as last time.

Ignored

The videos of HK protests showed a very large number of protesters using phones and dedicated cameras to capture the events.

If this eventuality comes to pass, we won't have just one tank man photo to go by.

milicentfx

Aug 7, 2019 10:24pm

Quoting DonFF

Disliked

{quote} Current POTUS is even more pugnateous He is running his business interest right from the oval office. This is called stealing employers time in the private sector. There is literally no difference between what The USA does and what China does. Its purely a matter of opinion or understanding and awareness. Bush Junior came to office with a strong economy too good to be true soe he simply give back the public money to his friends and associates otherwise called tax breaks/cuts and then send the rest to his other friends in the war business....

Ignored

BS eh

Aug 7, 2019 11:51am

So they gonna call each other mean words and stick your tongues outside?!
Oh, maybe some paper clips and delete some drafts to show some anger
lol

Trader#C5A7

Aug 7, 2019 12:16pm

Quoting Rakeem

Disliked

No, China is the bigget economy on the world

Ignored

Yet, its currency is not the world's reserve currency. Speaks volumes about the level of world's confidence in the Yuan. It's saying it doesn't trust China yet.

Jr123

Aug 7, 2019 2:55pm

Quoting Ghass1234

Disliked

Gold do not want to rest a bit . wtf , lets short it a bit . there is no fuckin war or economy collapse to be at this level. Panic for nothing yet

Ignored

That's what they all say before a major crash. Then wonder why they didn't see it coming.

impunctual20

Aug 7, 2019 11:43am

what a big fat mess these two countries have created.

Trader#C5A7

Aug 7, 2019 2:00pm

Quoting Bakker

Disliked

{quote} So true! watch the charts, its all you need to do.

Ignored

Not quite. You also need to know what's happening to the markets. Price doesn't tell you everything.

Aug 7, 2019 8:29pm

Quoting impunctual20

Disliked

what a big fat mess these two countries have created.

Ignored

What do you mean "these 2 countries"

You must be living under a rock somewhere not to realize that its the POTUS who is the agressor here while cowardly attaccking China under the guise of a trade war.

We are living in a brave open world he can just openly say he doesnt like the pace of growth of china relative to the USA but he doesnt have a right to begrudge the development of a lesser country and try to destroy it.

Any decent human being who is worth their salt would simply work at improving their own country's competitive advantage without getting drawn into competition with a lesser country.

Aug 7, 2019 8:34pm

Quoting Brentrading

Disliked

as traders we need to make sure we're on the right side of the market in this environment. money can always be made no matter what these politicians do.

Ignored

correct

Aug 7, 2019 8:48pm

Quoting ekan

Disliked

{quote} PRC is the biggest economy on total PPP basis only. On absolute scale, USA and the European Common Market are larger. On per-capita PPP basis, PRC is way behind not only these two, but Japan as well. The elefant in the room is the qualitative difference between the Western Economies and PRC. Due to the CCP's "leading role" enshrined in their constitution, all of that GDP can be harnessed by CCP to achieve their (geo)political goals. In contrast Japan, EU (as a whole or individual member state) and USA cannot legally (as of now)...

Ignored

Current POTUS is even more pugnateous

He is running his business interest right from the oval office.

This is called stealing employers time in the private sector.

There is literally no difference between what The USA does and what China does.

Its purely a matter of opinion or understanding and awareness.

Bush Junior came to office with a strong economy too good to be true soe he simply give back the public money to his friends and associates otherwise called tax breaks/cuts and then send the rest to his other friends in the war business. The result is the crash of the economy not even just locally but globally (at least China would only impact their country but Americas control impact all countries.

Trump turned up in 2017 and do the same thing.....immediately hand out tax cuts to his ilks/comrades/family/friends and then proceed to destabilize the whole global economy which is now on the brink of recession.

He is yet to do something on the stage that all people can say at least he did this one thing to impact the world in a positive way without getting anything back in return.

Any leader operating in this way has failed as a leader.

Aug 7, 2019 8:50pm

Quoting Vancarbon

Disliked

Ghass have you ever tried constructing a sentence without an expletive . Try it . It may give your posts a bit more credence

Ignored

The credence comes before the conduct.

A person with credibility instinctively conducts himself in a credible way.

Aug 8, 2019 3:05am

Quoting Exodus

Disliked

{quote} The current POTUS is working for his own country first, and every other thing is second. He is attempting to balance the books (trade deficit), which is no bad thing. On that front he is attacking Europe in the same way that he is attacking China, however the punches directed at Europe are currently not so big.

Ignored

Trump is working for Trump's interest, not the USA or the republican party.
The show down with China & Turkey serves only his own interests to be re-elected. As far as China goes, they never resisted the USA pressure like this. Before, they were doing what they were told .. quietly & effectively!

Aug 8, 2019 9:38am

Quoting Exodus

Disliked

{quote} President Xi was not 'president for all life' before. This is a bit like Robert Mugabe and Zimbabwe, except that wrecking the system is not the end-goal of president Xi. Trump stood up and declared that he would bring jobs to the rust-belt and 'drain the swamp'. Well lookey here, jobs are coming back to middle America ... and the DNC has finally run out of ammo to keep the plug in the bottom of the swamp. The Clintons appear to be about to flee to Eire. Trump is the first president not to find excuses for why his election promises cannot...

Ignored

Yes, Trump wants the Americans to be the new Chinese.. slave labor that work 16 hours a day! Sure, why not?! Its all yours. You talk about job creation as if the Obama administration was not scoring NFP monthly an average of 200K jobs. Trump & his supports are angry diansours, who refuse to live the reality. As far as China goes, they have always done what the USA demanded of them. This time, a weak president is making just a big show out of it.

Again, i will state that China has been and will continue to be a passive USA follower! They simply can't afford to go head to head with the USA. These are facts with Trump have little to nothing to contribute.

So relax, buy the S&P500 and enjoy the rally!

Ghass1234

Aug 7, 2019 2:01pm

Gold do not want to rest a bit . wtf , lets short it a bit . there is no fuckin war or economy collapse to be at this level. Panic for nothing yet

Rakeem

Aug 7, 2019 11:51am

Quoting impunctual20

Disliked

what a big fat mess these two countries have created.

Ignored

You are so wrong! This is all because of Trump! This ***** started and keep maitans the fire!

Rakeem

Aug 7, 2019 12:04pm

No, China is the bigget economy on the world

Rakeem

Aug 7, 2019 12:30pm