Quote:
Originally Posted by MrBaldBastard
No its H U G E, that China has removed that restriction.. like they said they were going to. There's more money to be made in China than any other country, I'd expect trillions of USD to now flow in to the USA, just don't go figuring its flowing back after profits are made..
And the petro Yuan, yep it won't over take the dollar, but you do lose, China, Russia, Iran, North Korea and anyone else the USA thinks they can place restrictions and sanctions on. Most likely we are looking at a 50% split on world production and consumption.
Trump won a billion dollar deal and Xi won a Quadrillion dolla deal.
So clap clap for President Trump?
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haha you think US intellectual property is a billion dollar deal? Please man. And the profits will flow back against your dismay with a lower repatriation tax rate.
And btw, this is just the beginning. You can bank on it that there will be many more with China and many other countries as well.
I guess in your eyes it would have been better if we did nothing and let china rape us.