Trump tweeted publicly to "don't panic" and "buy stocks now"....right before he paused tariffs.
Is that technically insider trading considering TDS people and America haters and China lovers would never listen to Trump?
Insider trading
Posts
Total:
58
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@Greyparrot
Tariffs on China remain.
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@TheGreatSunGod
For the China lovers. They have to pay their fair share now.
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@Greyparrot
I hate USA, but I also hate China. So China and USA destroying each other is an ideal outcome. Thank you, president Trump! God erect!
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@TheGreatSunGod
Sadly, the rest of the world will side with America. Enjoy cheap stuff from Vietnam!
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@Greyparrot
Sadly, the rest of the world will side with America.
China has plenty of allies. What you are saying isnt true.
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@TheGreatSunGod
They may have military allies, but when money is at stake, they know what they have to do. Money talks, bullshit walks.
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@Greyparrot
China has plenty of economic allies. What you are saying isnt true.
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@Greyparrot
- China – 31.6% Global Manufacturing Output.
- United States – 15.9% Global Manufacturing Output.
- Japan – 6.5% Global Manufacturing Output.
- Germany – 4.8% Global Manufacturing Output.
- India – 2.9% Global Manufacturing Output.
- South Korea – 2.7% Global Manufacturing Output
Looks like world needs China 2x more than it needs USA. Plus, China exports much more. It will be great watching two evil superpowers rip each other apart.
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@TheGreatSunGod
Money talks, bullshit walks. You can make a trillion widgets in your million factories, and they are worth nothing if your economic allies can't afford to buy them all.
It's the same reason why our alleged ally Germany buys so much stuff from Russia. Money talks, and bullshit walks.
China might be the factory of the world, but without deep-pocketed consumers (like the U.S. and EU), it’s just a warehouse full of unsold stuff. Germany buying from Russia despite NATO ties? Same logic. Wallet > war cry. 💸🌍
You're right BK, global trade runs on cold, hard math, not warm fuzzy alliances.
You're right BK, global trade runs on cold, hard math, not warm fuzzy alliances.
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@Greyparrot
China produces 80% of world batteries. So what you are saying is not true again.
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@TheGreatSunGod
For now. They can make 80% of unsold stuff as long as they have the space to watch them decay.
China makes lots and lots of batteries—way more than anyone else! They have huge buildings and machines that help them build 80 out of every 100 batteries in the world. That sounds super impressive, like they’re winning a big race!
But making a lot of something doesn’t mean much if no one wants it. If other countries stop buying those batteries, they’ll just sit on shelves, getting dusty and old. It’s like having a toy store with no kids coming in, it doesn’t matter how many toys you made.
So the important thing isn’t just who makes the most, it’s who’s buying. People with the money make the rules, because if they stop shopping, the factories don’t win, they just get stuck with piles of stuff nobody needs.
Now imagine you make a hundred yummy Burger King cheeseburgers 🍔🍔🍔... but nobody’s hungry. Uh-oh! Now you’re just stuck with a room full of cold, sad burgers that no one wants to eat. That’s what happens when you make a ton of stuff but don’t have anyone to sell it to!
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@Greyparrot
Google pixel and iphone batteries are made in China. Thanks to president Trump, cheapest Iphone will cost 3000$, and even cheaper US smartphones from other producers will rise in price due to rise in demand and no batteries. Thank you, God president! Greyparrot is totally incorrect, but he is right to support collapse of US economy who now has to pay more for Chinese parts or go bankrupt so China makes more money.
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@TheGreatSunGod
Lol, nobody will buy that. A 3,000 dollar phone collects more warehouse dust than an uneaten BK cheeseburger.
smartphones from other producers will rise in price due to rise in demand and no batteries
Perfect, especially if Americans are part of that supply! More jobs. Better pay!
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@Greyparrot
Its great that Americans now have to pay more for smartphones. You are wrong on what you say, but you are right to punish Americans like this.
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@Greyparrot
Its great that Americans now have to pay more for smartphones, and with rising wages, prices will rise even more and buisnesses will fail. You are wrong on what you say, but you are right to punish Americans like this.
Yes, punish those that refuse to pay Americans a living wage. Pay your fair share. Stop complaining.
I agree with your wisdom, BK.
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@Greyparrot
So the important thing isn’t just who makes the most, it’s who’s buying. People with the money make the rules, because if they stop shopping, the factories don’t win, they just get stuck with piles of stuff nobody needs.
That is only on the small scale.
On the large scale, the scale of nations (especially giant nations like China); you have the factories and if foreigners don't come more for you.
That's why after WW2 when every large manufacturing base in the world was bombed or exhausted except North America, North Americans had plenty of their own product.
I have said multiple times and on this site that this was always the CCP's ambition.
They're high on neo-marxism, which despite all of its conceptual flaws gets one thing exactly right: He who has the means of production has economic power.
You say "people with the money make the rules"
No, people with the guns make the rules and people with the means of production make the guns and everything else. Money is of no value if it doesn't represent something to trade.
If the USA won't trade on the petrodollar hegemony or its own land and intellectual property then there is nothing for it to sell. The US dollar is useless to China.
Think about it this way: If you think americans can buy american, i.e. america can be economically independent; then why can't China? It can. The transition just hurts at first just as it would for the USA.
The CCP is in a much better position to squelch discontent though. The only reason the CCP is upset is because they wanted to go from being the factory of the world to the master of the world and that means they want other countries to depend on them. First for cheap goods, but then for protection.
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@Greyparrot
Its great that America will lose 80% of its batteries. You are wrong on what you say, but you are right to punish all Americans like this.
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@ADreamOfLiberty
I was fine with 25% tariffs, but then Trump went insane.
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@ADreamOfLiberty
Think about it this way: If you think americans can buy american, i.e. america can be economically independent; then why can't China? It can. The transition just hurts at first just as it would for the USA.
For most things yes, except for one biggie....food. And a starving or underfed population is hard to control.
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@Greyparrot
And a starving or underfed population is hard to control.
So now Americans will starve?
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@Greyparrot
China is calorie self-sufficient and so is the USA. That is a problem for places like Taiwan.
Don't confuse the equilibrium in a high trade environment with the limits of potential.
When you have a huge amount of factories, steel, fertilizer precursors, and energy, you have options like converting desert to farmland. So eventually (and I mean within 5 years) they could restore their current food quality of life as well as having enough to survive (on rice).
They've already started fighting the gobi desert.
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@ADreamOfLiberty
China is calorie self-sufficient
50% of Chinese food is imported to China from other countries.
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@TheGreatSunGod
50% in what units? Dollars? Calories? Shipping mass?
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@ADreamOfLiberty
50% in what units? Dollars?
In dollars, China produces 100 billion worth of food (6.8% of GDP), but imports 140 billion worth of food.
But I wouldnt worry about Chinese. They are used to starvation and they eat dogs, kitties, grass and bats.
Besides, person can be self sufficient in food by just having some land and some animals on it. I have 16 chickens now, after I bought 3 more. They produce more eggs than I can eat. Like, on average, for whole year, they produce about 5 eggs every day. Sometimes less, sometimes more, but that is average for whole year. Now, if person has cows or sheep, then thats even better in terms of food self sufficiency. But chickens are cheaper to buy and the house for them is very cheap when compared to what you have to build for cows. Thus, space saved.
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@ADreamOfLiberty
Yeah, that's fair point, and the real question is whether Xi can maintain control for about the 5 years it will take to pull off the retooling. As I’ve said before, China surpassing foreign manufacturing wasn’t just economic, it was historical payback for the Opium Wars. They didn’t forget, and they didn’t forgive. Chinese always play the long game.
It’s just unfortunate that it took something as disruptive as the COVID pandemic for America to wake up and realize the true cost of offshoring its manufacturing base. We traded resilience for cheapness, security for convinience, and we deserve neither.
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@TheGreatSunGod
50% in what units? Dollars?In dollars, China produces 100 billion worth of food (6.8% of GDP), but imports 140 billion worth of food.
Dollars don't keep people alive and healthy. Nutrients do.
If a man ate 1 steak and 1 cup of cream a year he would probably be better off than the average American or European who eats that much every month (or in some cases every week).
Rice will keep workers working for years with only minimal addition of other vitamin and protein sources.
They produce far more than rice.
The soy they buy is being used in "wasteful" processes like soy sauce fermentation.
Extreme example: A $150 truffle which can fit in the palm of your hand is not the same as $150 of potatoes which could feed a man for half a year (longer if sedentary).
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@Greyparrot
Yeah, that's fair point, and the real question is whether Xi can maintain control for about the 5 years it will take to pull off the retooling. As I’ve said before, China surpassing foreign manufacturing wasn’t just economic, it was historical payback for the Opium Wars. They didn’t forget, and they didn’t forgive. Chinese always play the long game.
Oh they definitely want to enact some karma, I don't think it's anything unique to Chinese culture though. Just human nature.
Their "Belt and Road" initiate is straight out of East India Company manual.
As for the political stability of the Chinese government, hard to tell. When you suppress speech you might delay or prevent a popular movement but it also renders you blind to the level of discontent.
Something the redit mods and "main stream news" have learned the hard way recently.
If there is one thing communists,neofascists, and Chinese traditionalist all agree on it would be this: Don't bow to bullying from westerners (or anyone).
So I doubt there will be any blame on Xi so long as he can frame the suffering as an attempted extortion by foreigners. Never mind the fact that using overseas monetary corruption to build up their industrial base has been the obvious strategy of the CCP for forty years.
Kinda like constantly stealing honey and then saying the bees are bullying you when they finally start stinging.
Trump tweeted publicly to "don't panic" and "buy stocks now"....right before he paused tariffs.Is that technically insider trading considering TDS people and America haters and China lovers would never listen to Trump?
DJT did not go up.