Quote:
Originally Posted by Paul Markham
You're assuming the Trade Deal doesn't Bankrupt China when the EU joins in.
Year____EU imports____EU exports in $billions
2013____280.1________148.2
2014____302.1________164.6
2015____350.4________170.5
United States: US$410.8 billion (18% of total China exports)
Hong Kong: $334.3 billion (14.6%)
Japan: $135.9 billion (6%)
South Korea: $101.5 billion (4.4%)
Vietnam: $66.4 billion (2.9%)
India: $58.3 billion (2.6%)
Singapore: $53.1 billion (2.3%)
Taiwan: $45.1 billion (2%)
Malaysia: $44.2 billion (1.9%)
Australia: $40.4 billion (1.8%)
Thailand: $38.3 billion (1.7%)
United Arab Emirates: $37.1 billion (1.6%)
China has no cards to play. |
Not only that but the U.S. Fed just raised our interest rates for the first time in years, which lowers the value of the yuan and guess what, we're raising rates THREE TIMES next year, this is an aggressive anti China fiscal policy.
They tell us that the reason for the increases is our wonderful standard of living and low unemployment rate but it's complete bullshit there are so many people suffering, that's how Trump got elected.
I'm over cheap electronics. We're flooded with tons of cheap electronics enough to last year's. I'd pay $1k for a USA made phone over $400 for a China made, no worries. We can also move manufacturing to Taiwan, S. Korea, Mexico, India, USA or Japan. Fuck China. They've fucked us for years now game on!