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Old 04-09-2018, 11:43 PM  
BaldBastard
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Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 15,929
Quote:
Originally Posted by Robbie View Post
Today...lost in the news media frenzy over Trump's lawyer being raided...Trump's threat of tariffs in negotiations with China began to pay off:
Xi Jinping speech: China pledges to cut auto tariffs amid US trade clash

And for all the folks on here who mistakenly THINK Trump "started" a trade war by threatening tariffs...read that article closely: China has had TARIFFS on auto imports all along.

China "started" the "trade war" a long time ago. The U.S. just rolled over and surrendered. But now that has changed.

I don't care what any of your OPINIONS on Trump are. He is 100% spot on with the economy and trade. He has been right 100% of the time and his detractors and "experts" in the media have been wrong EVERY time.
yeah.. read what I said above.. Xi was announcing it anyway..,. trumps blurts just cost your markets billions on something Xi was announcing regardless of what trump farted out of his ass

the thing's that were hidden in the news today was

Trumps own budget office said your totally fucked:

https://www.cbo.gov/publication/53651

And Its come out Chinas building a military base in Vanuatu

China may be building a Vanuatu military base: reports


Robbie this is trumps economic plan..
"The federal budget deficit rises substantially, boosting federal debt to nearly 100 percent of GDP by 2028."

AS REPORTED BY HIS OWN FUCKING BUDGET OFFICE!! who more than likely are softening the blow and mincing the data.. as all Governments do.

And that's IF interest rates don't skyrocket and IF natural disaster events don't surpass the 2017 level, either one blows it out of the water.

Wana know Xi's 2025 plan... I think you better look it up.. Because it certainly doesn't involve 100% of GDP going into Debt payment.
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