stock market, jobs, economy all plummeting under trump
- Thread starter UncleBuck
- Start date
ANC
Well-Known Member
Chinese investment in the United States has plummeted 92% this year
http://money.cnn.com/2018/06/20/investing/chinese-investment-united-states-falls/index.html
http://money.cnn.com/2018/06/20/investing/chinese-investment-united-states-falls/index.html
Lucky Luke
Well-Known Member
lol. I recon most foreign countries have stopped investing in the US at the moment. Way to volatile a market.Chinese investment in the United States has plummeted 92% this year
http://money.cnn.com /2018/06/20/investing/chinese-investment-united-states-falls/index.html
China fears a war with America so is investing more into the EU and South Pacific, which the US opted out of. Id imagine they would also be talking to Britain with Britain seeking trading partners with exiting the EU, on probably unfavourable terms.
Lucky Luke
Well-Known Member
The Commonwealth could really take a favourable advantage with what's happening if England, Canada. and Australia drove it properly.
Lucky Luke
Well-Known Member
We (Australia) don't even have a US Ambassador, haven't had since 2016. Trump hasn't bothered to appoint one...
TacoMac
Well-Known Member
Trust me: you don't want one appointed by that idiot.
Lucky Luke
Well-Known Member
its only a bull shit ceremonial role, last one was an x car salesman. Its the respect that having one provides.
TacoMac
Well-Known Member
It the past, it wasn't.
It was (and still is) important for an ambassador to know the attitudes and plans of the nation he is assigned to. That way, should anything arise, the state department simply ask the ambassador, "Do you think we can get Australia on board with this thing?".
The ambassador can then replay with an educated statement such as, "Absolutely, they'd get on board. They've been trying to get something like this done for the last 3 years." or "Absolutely not, they've been staunchly resisting this sort of thing for a decade."
But now we live in the age not of people elected to serve, but of megalomaniacs put in power by money who don't give a shit who dies or who they go to war with so long as they make their money for their masters.
captainmorgan
Well-Known Member
Inverted yield curve.
ttystikk
Well-Known Member
No. As a family member of multiple State Department career officials, I can tell you that the ambassador makes a big difference.
ttystikk
Well-Known Member
@Fogdog this whole page is full of reasons to be very concerned about another Crash and potential Depression.
Keep in mind that Obama's policies of fiscal stimulus and zero interest rates to making banks were the only things that kept it from happening last time.
Republicans don't want stimulus so it's unlikely to be forthcoming this time.
Zero interest loans only help if people and corporations want to borrow.
Keep in mind that Obama's policies of fiscal stimulus and zero interest rates to making banks were the only things that kept it from happening last time.
Republicans don't want stimulus so it's unlikely to be forthcoming this time.
Zero interest loans only help if people and corporations want to borrow.
Lucky Luke
Well-Known Member
0% interest also means the reserve bank have zero room to help speed up the economy.
