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How Will This Look On A Hat?
July 6, 2017 at 9:02 pm
https://www.nytimes.com/2017/07/06/busin...v=top-news
Quote:As E.U. and Japan Strengthen Trade Ties, U.S. Risks Losing Its Voice
Quote:Major economies show no inclination to accept American designs on trade — an attitude on display on Thursday as the European Union and Japan agreed to the broad outlines of a free trade deal before a summit meeting of world leaders. If completed, the deal would further the exchange of goods and services between their two markets while, in relative terms, diminishing opportunities for American companies.
These two trading powers, both bedrock American allies, are effectively proceeding with plans to bolster globalization just as the United States is turning to protectionism. Large areas of the global economy are now on divergent paths, creating more uncertainty for multinational companies.
Last fall, Canada and the European Union struck a mammoth trade deal, establishing the rules for a significant chunk of commerce across the Atlantic. The bloc’s latest deal tethers its fortunes closer to Asia and to Japan, which has the world’s third-largest economy.
By contrast, the United States debates the merits of erecting a wall along its southern border, argues about the legality of barring immigrants from several predominantly Muslim nations, and contemplates imposing tariffs on steel imports.
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RE: How Will This Look On A Hat?
July 6, 2017 at 9:10 pm
There's talk also of resurrecting the TPPA, which America pulled out of early in the year, and going forward without the US.
If it goes ahead, and China is involved, the US will lose BIG!
Playing Cluedo with my mum while I was at Uni:
"You did WHAT? With WHO? WHERE???"
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RE: How Will This Look On A Hat?
July 6, 2017 at 9:19 pm
I don't think that the New York Times is overly factual in all cases.
The US leads the world in several sectors by leaps and bounds and that won't be changing any time soon. We could drop 15% and still lead the world automotive market.
Small electronics markets are our biggest weakness in manufacturing but we still buy the hell out of them and no one's going to out build the Chinese on cost per unit.
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RE: How Will This Look On A Hat?
July 6, 2017 at 9:41 pm
(July 6, 2017 at 9:19 pm)Court Jester Wrote: I don't think that the New York Times is overly factual in all cases.
The US leads the world in several sectors by leaps and bounds and that won't be changing any time soon. We could drop 15% and still lead the world automotive market.
Small electronics markets are our biggest weakness in manufacturing but we still buy the hell out of them and no one's going to out build the Chinese on cost per unit.
You're harshing the doomsayers' mellow, man.
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RE: How Will This Look On A Hat?
July 6, 2017 at 9:54 pm
(July 6, 2017 at 9:19 pm)Court Jester Wrote: I don't think that the New York Times is overly factual in all cases.
The US leads the world in several sectors by leaps and bounds and that won't be changing any time soon. We could drop 15% and still lead the world automotive market.
Small electronics markets are our biggest weakness in manufacturing but we still buy the hell out of them and no one's going to out build the Chinese on cost per unit.
Yeah we know. You think the Orange Turd's promises are real.
The Wall St. Journal, too...no doubt.
https://www.wsj.com/articles/imf-lowers-...1498568402
Quote:IMF Lowers Forecast for U.S. Economy Amid Rising Policy Uncertainty
Or Forbes?
https://www.forbes.com/forbes/welcome/?t...oogle.com/
Quote:GM Confirms U.S. Auto Sales Have Peaked, Avoid Auto Stocks
Or, Business Insider?
http://www.businessinsider.com/how-to-di...1476402154
Quote:The International Monetary Fund released on Tuesday what amounts to an updated assessment of Donald Trump's economic agenda, and it's not a pretty picture.
Instructively, the IMF is now giving the United States the sort of social-policy advice it once reserved for emerging-market economies.
The IMF has downgraded US growth forecasts for this year and next: to 2.1% from 2.3% for 2017, and to 2.1% from 2.5% in 2018. But that's just one of the IMF's many red flags.
You'll be sure to let me know when you come to your senses about Il Douche, won't you?
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RE: How Will This Look On A Hat?
July 6, 2017 at 9:57 pm
(This post was last modified: July 6, 2017 at 9:58 pm by Court Jester.)
I would likely trust the wsj. But economic uncertainty is common in all markets.
I let you know when I get worried though.
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RE: How Will This Look On A Hat?
July 7, 2017 at 1:24 pm
(July 6, 2017 at 9:57 pm)Court Jester Wrote: I would likely trust the wsj. But economic uncertainty is common in all markets.
I let you know when I get worried though.
Why would you trust a far-right propganda rag owned by a known and dangerous criminal?
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RE: How Will This Look On A Hat?
July 7, 2017 at 2:29 pm
Because CJ is an "I got mine, you get yours" sort of guy ... pretty much the WSJ's target demographic.
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RE: How Will This Look On A Hat?
July 7, 2017 at 8:59 pm
(This post was last modified: July 7, 2017 at 9:02 pm by Court Jester.)
(July 7, 2017 at 1:24 pm)Tazzycorn Wrote: (July 6, 2017 at 9:57 pm)Court Jester Wrote: I would likely trust the wsj. But economic uncertainty is common in all markets.
I let you know when I get worried though.
Why would you trust a far-right propganda rag owned by a known and dangerous criminal?
I really don't know who owns it or what their criminal history or their politics are. I really don't care either way. It's in my mail box six days out of the week and seems to be the only news outlet around here that doesn't take sides in the stuff that I read or care about. I kinda like that about the Wall Street Journal.
(July 7, 2017 at 2:29 pm)Thumpalumpacus Wrote: Because CJ is an "I got mine, you get yours" sort of guy ... pretty much the WSJ's target demographic.
I won't argue that in all cases. Some, but not all.
Trample the weak, hurdle the dead. If they had much to offer society, they wouldn't be so easy to pass.
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RE: How Will This Look On A Hat?
July 7, 2017 at 9:04 pm
McConnell and Ryan's motto right there.
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