Chinese Trade War

[mainejeff]

It is obvious when people use Google Translate.

It works poorly with tonal Asian languages. You guys basically are the info age versions of the teens in the 1980s who wore those tshirts with Kanji script that said things like, "I am an idiot" and "pound me in the butt"

I'm impressed, a multilingual grammar nazi.

Seriously Gil.....these guys on here take themselves so seriously. CID is the wet blanket that made fun of those teens in the 80s and is now a grumpy old man.

[mainejeff]

Trump rips into Kudlow and tells him to “not worry about" the consequences of tariffs on U.S. businesses.

https://thehill.com/homenews/administra ... by-tariffs

The gold spooned Man Baby has never worried about a consequence in his life....obviously.

[SeattleGriz]

Saw this coming awhile ago, as did anyone else who has been paying attention. Huawei put on the bad list.

Pretty good idea of how easy it is to hamstring Chinese production, when you take away their supply chain.

https://www.reuters.com/article/us-usa- ... SKCN1SM0NR

[CID1990]

I'm impressed, a multilingual grammar nazi.

Seriously Gil.....these guys on here take themselves so seriously. CID is the wet blanket that made fun of those teens in the 80s and is now a grumpy old man.

Sounds like you have a boner for me, Jearf


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[mainejeff]

Seriously Gil.....these guys on here take themselves so seriously. CID is the wet blanket that made fun of those teens in the 80s and is now a grumpy old man.

Sounds like you have a boner for me, Jearf


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[UNI88]

I'm impressed, a multilingual grammar nazi.

Only in Vietnamese, really

Here's how you can tell if someone used Google: re-translate it back to English, using Google. If it reads correctly and makes sense in English, then it was Google.

If it looks like this:

"Circle bell what customer wish to annoy clerk." (Ring bell for assistance) - then it is genuine.

I've never done that but would bet it is true.

When I worked with the Chinese I had a translator to help me. I would run email communications through Google translate and compare it to her translations for sh!ts & giggles. In a pinch I could use Google translate to understand the gist of something sent to me but I would absolutely never use it to convert something I was sending to someone else.

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[CID1990]

Only in Vietnamese, really

Here's how you can tell if someone used Google: re-translate it back to English, using Google. If it reads correctly and makes sense in English, then it was Google.

If it looks like this:

"Circle bell what customer wish to annoy clerk." (Ring bell for assistance) - then it is genuine.

I've never done that but would bet it is true.

When I worked with the Chinese I had a translator to help me. I would run email communications through Google translate and compare it to her translations for sh!ts & giggles. In a pinch I could use Google translate to understand the gist of something sent to me but I would absolutely never use it to convert something I was sending to someone else.

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I ride with a Thai MC occasionally and for weekenders they like to put their itineraries on Facebook. Let me tell you that nothing is funnier than Thai run through Google translate

Example:

1100: the lunch at wonderful park of scenes

1200: wheel spin

1500: we give you gas if not money

1700: enjoy relaxation and cool drug of flower place resort

2000: party girl


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[kalm]

Interesting take.

President Donald Trump, having championed one of the larger tax cuts in recent years, has now enacted tariffs equivalent to one of the largest tax increases in decades.

A CNBC analysis of data from the Treasury Department ranks the combined $72 billion in revenue from all the president’s tariffs as one of the biggest tax increases since 1993. In fact, the tariff revenue ranks as the largest increase as a percent of GDP since 1993 when compared with the first year of all the revenue measures enacted since then, according to the data.

Only the revenue raised in the fourth year of the Affordable Care Act is greater, but not by much.

https://www.cnbc.com/2019/05/16/trumps- ... kpG6QNAx9Q

[mainejeff]

Republicans tax Americans much more than Democrats do. They just hide it better.

[kalm]

Republicans tax Americans much more than Democrats do. They just hide it better.

There's a certain degree of truth to that.

[SeattleGriz]

Trump winning this trade war back in 2017 when he went on that tour talking trade.

With the Indian PM supposedly being pro business, Trump looks to be able to replace China's manufacturing with their neighbors.

You got all the ASEAN countries on board as well.

3D chess. The Art of the Deal.

A great blocker of one belt one road.

[JohnStOnge]

Trump winning this trade war back in 2017 when he went on that tour talking trade.

With the Indian PM supposedly being pro business, Trump looks to be able to replace China's manufacturing with their neighbors.

You got all the ASEAN countries on board as well.

3D chess. The Art of the Deal.

A great blocker of one belt one road.

You're kidding yourself. Trump is an idiot. He's not playing 3D chess. "The Art of the Deal" was written by a ghost writer how is now all over the place saying the guy is a moron.

Trump is not winning this now and he won't win it in the end. He's outclassed by the Chinese.

[SeattleGriz]

Trump winning this trade war back in 2017 when he went on that tour talking trade.

With the Indian PM supposedly being pro business, Trump looks to be able to replace China's manufacturing with their neighbors.

You got all the ASEAN countries on board as well.

3D chess. The Art of the Deal.

A great blocker of one belt one road.

You're kidding yourself. Trump is an idiot. He's not playing 3D chess. "The Art of the Deal" was written by a ghost writer how is now all over the place saying the guy is a moron.

Trump is not winning this now and he won't win it in the end. He's outclassed by the Chinese.

Like I said, that sounds like an avatar bet! Your avatar of the Griz logo would be sweet.

Scratch that. Sam Houston.

[JohnStOnge]

You're kidding yourself. Trump is an idiot. He's not playing 3D chess. "The Art of the Deal" was written by a ghost writer how is now all over the place saying the guy is a moron.

Trump is not winning this now and he won't win it in the end. He's outclassed by the Chinese.

Like I said, that sounds like an avatar bet! Your avatar of the Griz logo would be sweet.

Scratch that. Sam Houston.

He's not going to win this. The Chinese leaders are part of a totalitarian government. They are not vulnerable to short term political considerations. He's going to lose.

Of course I'm sure he will spin whatever happens as a win. But he's going to lose.

[CID1990]

Trump winning this trade war back in 2017 when he went on that tour talking trade.

With the Indian PM supposedly being pro business, Trump looks to be able to replace China's manufacturing with their neighbors.

You got all the ASEAN countries on board as well.

3D chess. The Art of the Deal.

A great blocker of one belt one road.

You're kidding yourself. Trump is an idiot. He's not playing 3D chess. "The Art of the Deal" was written by a ghost writer how is now all over the place saying the guy is a moron.

Trump is not winning this now and he won't win it in the end. He's outclassed by the Chinese.

That’s your opinion only, re: whether Trump is “winning” or not.

We need to be pushing back hard against China. They are technology thieves and they are currency manipulators.

It is actually too late for us, in my opinion. No matter what we do, China will be making ALL of our economic decisions for us within 30 years.

But we do not have to go quietly. Your alternative is to do nothing (which is only slightly better than whoring our industries out to China, a la Clinton family policy). That allows China to subvert ours and everybody else’s trading abilities

Pushing back against China is sphere of influence politics. John Global Kerry and you don’t like that, but China (and to a lesser extent, Russia) controls the game board and therefore we must play.

China has nothing left to levy tariffs on. Think about that - there’s a tariff on everything we send them now. They are already resorting to taking political prisoners and other shady tactics because they have nowhere else to go. This thing needs to play out - and your opinion on the matter carries no more authority on this than the opinion of a blind Trump supporter


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[AZGrizFan]

Interesting take.

President Donald Trump, having championed one of the larger tax cuts in recent years, has now enacted tariffs equivalent to one of the largest tax increases in decades.

A CNBC analysis of data from the Treasury Department ranks the combined $72 billion in revenue from all the president’s tariffs as one of the biggest tax increases since 1993. In fact, the tariff revenue ranks as the largest increase as a percent of GDP since 1993 when compared with the first year of all the revenue measures enacted since then, according to the data.

Only the revenue raised in the fourth year of the Affordable Care Act is greater, but not by much.

https://www.cnbc.com/2019/05/16/trumps- ... kpG6QNAx9Q

Horseshit. Comparing a tariff to a tax on Americans is retarded. It’s not a tax if you don’t buy the product.

[GannonFan]

You're kidding yourself. Trump is an idiot. He's not playing 3D chess. "The Art of the Deal" was written by a ghost writer how is now all over the place saying the guy is a moron.

Trump is not winning this now and he won't win it in the end. He's outclassed by the Chinese.

That’s your opinion only, re: whether Trump is “winning” or not.

We need to be pushing back hard against China. They are technology thieves and they are currency manipulators.

It is actually too late for us, in my opinion. No matter what we do, China will be making ALL of our economic decisions for us within 30 years.

But we do not have to go quietly. Your alternative is to do nothing (which is only slightly better than whoring our industries out to China, a la Clinton family policy). That allows China to subvert ours and everybody else’s trading abilities

Pushing back against China is sphere of influence politics. John Global Kerry and you don’t like that, but China (and to a lesser extent, Russia) controls the game board and therefore we must play.

China has nothing left to levy tariffs on. Think about that - there’s a tariff on everything we send them now. They are already resorting to taking political prisoners and other shady tactics because they have nowhere else to go. This thing needs to play out - and your opinion on the matter carries no more authority on this than the opinion of a blind Trump supporter


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I agree, JSO's idea of doing nothing really isn't an idea, it's just waving a white flag and giving up. Where I disagree is with the idea that it's too late. Technology changes too rapidly now to think that there is some finish line out there and that what's true today will be true forever and can't change. No one would've fathomed 15 years ago that the US would be exporting natural gas and would be fairly independent of the global oil market, but hello American ingenuity and fracking and here we are. As long as you are an innovator as a country then things can change. The idea that Chinese dominance of international trade is a foregone conclusion is too simplistic and doesn't take into account the everchanging calculus of international trade. That is, unless we do like JSO is proposing and simply roll over.

[CID1990]

That’s your opinion only, re: whether Trump is “winning” or not.

We need to be pushing back hard against China. They are technology thieves and they are currency manipulators.

It is actually too late for us, in my opinion. No matter what we do, China will be making ALL of our economic decisions for us within 30 years.

But we do not have to go quietly. Your alternative is to do nothing (which is only slightly better than whoring our industries out to China, a la Clinton family policy). That allows China to subvert ours and everybody else’s trading abilities

Pushing back against China is sphere of influence politics. John Global Kerry and you don’t like that, but China (and to a lesser extent, Russia) controls the game board and therefore we must play.

China has nothing left to levy tariffs on. Think about that - there’s a tariff on everything we send them now. They are already resorting to taking political prisoners and other shady tactics because they have nowhere else to go. This thing needs to play out - and your opinion on the matter carries no more authority on this than the opinion of a blind Trump supporter


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I agree, JSO's idea of doing nothing really isn't an idea, it's just waving a white flag and giving up. Where I disagree is with the idea that it's too late. Technology changes too rapidly now to think that there is some finish line out there and that what's true today will be true forever and can't change. No one would've fathomed 15 years ago that the US would be exporting natural gas and would be fairly independent of the global oil market, but hello American ingenuity and fracking and here we are. As long as you are an innovator as a country then things can change. The idea that Chinese dominance of international trade is a foregone conclusion is too simplistic and doesn't take into account the everchanging calculus of international trade. That is, unless we do like JSO is proposing and simply roll over.

That’s true - but I conflated China’s trade behaviors with our own spending orgy at home. If trade with China was not affected by other factors (like our national debt and China’s ownership of it) then I think that our own ability to compete with them would have more wiggle room (and unpredictability)

But when I say it is too late for us, I am compounding our trade deficits with China’s ownership of the majority of our debt. Trade is, as you say, unpredictable. Our own idiocy is not.


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[Ivytalk]

I agree, JSO's idea of doing nothing really isn't an idea, it's just waving a white flag and giving up. Where I disagree is with the idea that it's too late. Technology changes too rapidly now to think that there is some finish line out there and that what's true today will be true forever and can't change. No one would've fathomed 15 years ago that the US would be exporting natural gas and would be fairly independent of the global oil market, but hello American ingenuity and fracking and here we are. As long as you are an innovator as a country then things can change. The idea that Chinese dominance of international trade is a foregone conclusion is too simplistic and doesn't take into account the everchanging calculus of international trade. That is, unless we do like JSO is proposing and simply roll over.

That’s true - but I conflated China’s trade behaviors with our own spending orgy at home. If trade with China was not affected by other factors (like our national debt and China’s ownership of it) then I think that our own ability to compete with them would have more wiggle room (and unpredictability)

But when I say it is too late for us, I am compounding our trade deficits with China’s ownership of the majority of our debt. Trade is, as you say, unpredictable. Our own idiocy is not.


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I wonder whether we’d be worse off if the Red Chunks simply stopped buying our debt. Serious question.

[CID1990]

That’s true - but I conflated China’s trade behaviors with our own spending orgy at home. If trade with China was not affected by other factors (like our national debt and China’s ownership of it) then I think that our own ability to compete with them would have more wiggle room (and unpredictability)

But when I say it is too late for us, I am compounding our trade deficits with China’s ownership of the majority of our debt. Trade is, as you say, unpredictable. Our own idiocy is not.


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I wonder whether we’d be worse off if the Red Chunks simply stopped buying our debt. Serious question.

Well that is the Catch 22, isnt it?

Nobody other than China (currently) can absorb our gargantuan debt


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[HI54UNI]

China doesn't own as much US debt as most people think. China owns $1.12 trillion of the $22 trillion. Japan owns $1.08 trillion.

[CID1990]

China doesn't own as much US debt as most people think. China owns $1.12 trillion of the $22 trillion. Japan owns $1.08 trillion.

Japan is your benevolent aunt.

China is JR Ewing


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[SeattleGriz]

Boy, China sure went psycho fast. China blacklisting those that "hurt" China. Like they have been allowing abuse for years.

Damn Americans taking advantage of China businesses...in China.

https://www.scmp.com/news/china/diploma ... -interests

3D chess. Winning.

[Ivytalk]

Boy, China sure went psycho fast. China blacklisting those that "hurt" China. Like they have been allowing abuse for years.

Damn Americans taking advantage of China businesses...in China.

https://www.scmp.com/news/china/diploma ... -interests

3D chess. Winning.

China= Dr. Fu Manchu

[SeattleGriz]

Boy, China sure went psycho fast. China blacklisting those that "hurt" China. Like they have been allowing abuse for years.

Damn Americans taking advantage of China businesses...in China.

https://www.scmp.com/news/china/diploma ... -interests

3D chess. Winning.

China= Dr. Fu Manchu

The Vengeance of Fu Manchu.