Global Commodities Deflating Rapidly

[jazz]

US equities recovering already. if you have shorts you better lift them fast. People know that china needs the US more than the other way around.

Trump is going to bring china to heal no matter what. Chinas economy is all export. US is not. They cna weather the pain. US is a 250 yr old capitalist economy. China is a great fake out. Trump has all the levers.

[errolanderson]

Trump is going to bring china to heal no matter what. Chinas economy is all export. US is not. They cna weather the pain. US is a 250 yr old capitalist economy. China is a great fake out. Trump has all the levers.

jazz . . . Don’t count on it. China has time on their side, Trump doesn’t. There is no quick ‘let’s sign a deal’ anytime soon. Trump is playing high stakes poker. If he follows through on his tariff threat, this could this could spill the goldilocks stock market.

China will not bend to a heavy tariff threat. That would be a sign of weakness. Trump has mis-calculated the resilience of China. If equity markets were in disarray, there would be more pressure to make a deal (IMO).

There are a lot of uncertainties straight ahead. Trump’s attempt at a strong arm move to force a deal could backfire should stock markets continue to falter through spring. The likihood of a deal now is quite low (IMO). This is obviously frustrating the U.S. And if there is a deal signed, it will certainly not be Grand .. . . .

[ajl]

Yes i don't believe there will be a deal but the US don't need one, China does. Those exports have to go somewhere and nobody else has the money to buy. China is very resilient because they don't have elections and they know hardship. As far as the US is concerned, they might as well have a tariff rather than domestic taxation.

[errolanderson]

All is good, until the stock market blows-a-tire . . . then all bets are off.

[jazz]

Errol, I disagree. US has to make it stand here and now and they will. Tarrifs are a blunt instrument. All that chinese junk with a 25% hike on it make it much tougher to sell into the US market. The tarrifs initially start out as income to offset prices but eventually it becomes economical to make at home what was being imported. There is no way the US loses this battle.

[furrowtickler]

Errol, I disagree. US has to make it stand here and now and they will. Tarrifs are a blunt instrument. All that chinese junk with a 25% hike on it make it much tougher to sell into the US market. The tarrifs initially start out as income to offset prices but eventually it becomes economical to make at home what was being imported. There is no way the US loses this battle.

I will have to agree , most Chinese stuff is junk that no one really needs .
They “need” food , oil, uranium, steel, coal ..... oh wait , everything that Canada needs to export .... huh ... while our government here wants to lecture them on human rights .. what a bunch of fukin morons running this country.

[furrowtickler]

But it’s ok for Eastern Canada to buy oil from Saudi Arabia that chops heads off its citizens, hates gays and treats camels 🐫 better than women....un fukin believable .

[farmaholic]

But it’s ok for Eastern Canada to buy oil from Saudi Arabia that chops heads off its citizens, hates gays and treats camels 🐫 better than women....un fukin believable .

There's a word for that, its called hypocrisy. Or here's another one..."double standards".

[Guest]

and not a god damn thing is said ???????
ctv, cbc ,our farm newspaper , all msn, etc. , why don't you ask those ignorant assholes why they think its ok to import oil from those places ?????? especially when your own country needs to sell oil so they can continue your welfare payments???? ask them why its ok to bring bloody oil in on the east coast , but can't send canadian oil out on the west coast ???? put it on the god damn news you chickenshit assholes. when this shitshow is over all of you at msn are going to have to explain your role in this farce
those young girls in those parts would probably like to keep their lady parts also? this is beyond stupid???
these countries must tell eastern canada; , "we will get that oil to you as soon as we chop a few more heads off of these radical people that want free speech" , "they are such a nuisance"
how in the world can anyone with half a brain make any sense out of this horseshit ???
its 2019 for christs sake ???

[errolanderson]

Chinese junk is not in China’s 2025 Master Plan . . .they plan to be a high end global technological supplier. India wil also come up the ranks quickly over the next decade in technology. They have a youthful, highly educated population. North America and Europe have heavy competition on-the-horizon.

We are witnessing a global power re-balancing that may take years in-the-making, but unstoppable (IMO).