China tries to teach Trump economics

[AlbertaFarmer5]

The president is heading into 2020 with no major successes and looming crises – so many expect him to attempt to reverse the trend with dramatic deals

Imagine that, a politician who doesn't attempt to appeal to the instant gratification voters with immediate results, regardless of what the long term cost of that might be. A politician who likely doesn't care if he gets back in, since his finances, career, and cover ups (and that of all his friends) are not dependent on it.

Does anyone realistically expect that anyone can undo decades of damage within a single election cycle? No, which is why no other politician will even attempt it, since there is no political capital to be gained by doing something which will yield results years into the future, not today.

And the really crazy part, as the Democratic party continues to tear itself apart by trying to see who can be more radically left than the other, Trump will likely get back in again.

[blackjack]

Is there any stats how many people are rushing to get into China.

[AlbertaFarmer5]

Is there any stats how many people are rushing to get into China.

I seem to recall a large segment of Hong Kong's population showing some mild displeasure at the prospect of being compelled to get into China recently...

Oh, and a few Canadians sitting in jails who wish they had never set foot in the country.

Actually, I just looked it up, net migration into China has been negative every year for the lasts 60 years which have data. Guess which direction migration into the US is, even under Trump?

[chuckChuck]

The world economy is indeed integrated.

If either the US or China suffers economic problems then we all are affected. Especially Canada which is dependent on exports to both.

The slow down from hyper growth in China to moderate or low growth rates is what triggered the declines in oil and commodity prices in the last while.

Putting additional tariffs on trade will slow down trade even further which will put additional pressure on commodity prices.

If you think Trump's trade policies and a China US trade war are good for you, then don't complain about the resulting low commodity prices and trade issues.

Trump will need a good outcome leading up to the 2020 election. If the US economy starts to sputter it will look bad on Trump. China would be happy to see him gone so don't expect them to roll over easily.

[jazz]

The world economy is indeed integrated.

Let me fix that for you.

The world economy exists because a percentage of western GDP has been siphoned off in the name of socialized globalization. The US is only 4% export based, I would say they are immune.

[AlbertaFarmer5]

The world economy is indeed integrated.

If either the US or China suffers economic problems then we all are affected. Especially Canada which is dependent on exports to both.

The slow down from hyper growth in China to moderate or low growth rates is what triggered the declines in oil and commodity prices in the last while.

Putting additional tariffs on trade will slow down trade even further which will put additional pressure on commodity prices.

If you think Trump's trade policies and a China US trade war are good for you, then don't complain about the resulting low commodity prices and trade issues.

Trump will need a good outcome leading up to the 2020 election. If the US economy starts to sputter it will look bad on Trump. China would be happy to see him gone so don't expect them to roll over easily.

Speaking of the instant gratification crowd...

So, you will willingly trade short term improved commodity prices for long term having a brutal communist dominant world superpower?

[blackjack]

Thanks for that AB5....

[furrowtickler]

The world economy is indeed integrated.

If either the US or China suffers economic problems then we all are affected. Especially Canada which is dependent on exports to both.

The slow down from hyper growth in China to moderate or low growth rates is what triggered the declines in oil and commodity prices in the last while.

Putting additional tariffs on trade will slow down trade even further which will put additional pressure on commodity prices.

If you think Trump's trade policies and a China US trade war are good for you, then don't complain about the resulting low commodity prices and trade issues.

Trump will need a good outcome leading up to the 2020 election. If the US economy starts to sputter it will look bad on Trump. China would be happy to see him gone so don't expect them to roll over easily.

How’s Canada’s trade policies working lately ????
We are heading for our own national election before the US election but all you can deflect about is Trump ...
We have a gong show right here in Canada ..... now , and it’s always Trump Trump Trump.
We have much bigger problems here at home and our next generation farmers here in western Canada, yes our kids will be @&$ked if this does not change this fall . Open your eyes to what’s going on here at home chuck .....

[chuckChuck]

Only simpletons would equate criticisms of Trump and Trump policies as support for China!

As flawed as the US is, it is still a more important ally for Canada and Europe and most of the world.

A few months ago several Agriville supporters were praising Putin and his policies. 20 years in power?
A dictatorship more or less. Friend of Trump? Seems like oppressive undemocratic leadership is not a problem for several agriville posters.

I don't take partisan views of the state of Canada as accurate. All this doom and gloom is just politics. The knee jerk blaming Trudeau and liberals for everything is just a laugh. Trudeau has been a big disappointment. But hyper partisans have their own distorted and exaggerated view of everything. Reasonable people can see through the bullshit.

[AlbertaFarmer5]

Only simpletons would equate criticisms of Trump and Trump policies as support for China!

As flawed as the US is, it is still a more important ally for Canada and Europe and most of the world.

A few months ago several Agriville supporters were praising Putin and his policies. 20 years in power?
A dictatorship more or less. Friend of Trump? Seems like oppressive undemocratic leadership is not a problem for several agriville posters.

I don't take partisan views of the state of Canada as accurate. All this doom and gloom is just politics. The knee jerk blaming Trudeau and liberals for everything is just a laugh. Trudeau has been a big disappointment. But hyper partisans have their own distorted and exaggerated view of everything. Reasonable people can see through the bullshit.

Well, that sounds like a very reasonable non-partisan and balanced point of view. Has anyone been keeping score of how many anti Trump vs anti Trudeau posts Chuck has made?

[chuckChuck]

Another job for simpletons? Why don't you do it yourself and then draw your usual unsubstantiated conclusions and speculations? LOL

[Zephyr]

Agree with Chuck.

If Trump ran China and Clinton USA, there where be a lot of China-loving, USA bashing.


The America worshipping from some is downright scary. Easy to draw parallels to other fanatical leader-worshiping in history past.


America is threatened by a new world order China-Russia-FSU-India-South America have all the same resources and far more people. If allowed to flourish they would quickly eclipse the USA-Canada-Europe-Australia-Japan alliance.

This isn't a one-sided battle, and there will be heavy [economic, societal] casualties on both sides, make no mistake.

Just like in both WW's. Canada and the Canadian people, not directly involved but at the front line and suffering heavy losses.

[furrowtickler]

Agree with Chuck.

If Trump ran China and Clinton USA, there where be a lot of China-loving, USA bashing.


The America worshipping from some is downright scary. Easy to draw parallels to other fanatical leader-worshiping in history past.


America is threatened by a new world order China-Russia-FSU-India-South America have all the same resources and far more people. If allowed to flourish they would quickly eclipse the USA-Canada-Europe-Australia-Japan alliance.

This isn't a one-sided battle, and there will be heavy [economic, societal] casualties on both sides, make no mistake.

Just like in both WW's. Canada and the Canadian people, not directly involved but at the front line and suffering heavy losses.

Agreed , but If we actually had a leader here in Canada we would have trade deals done with India and China 2 months ago.
All the other exporting nations are eating our lunch while Peter Pan dances around and has zero clue on trade just like the rest of his cabinet.

[AlbertaFarmer5]

Agree with Chuck.

If Trump ran China and Clinton USA, there where be a lot of China-loving, USA bashing.

It is scary how many people are holding on the the false hope that this change in US foreign policy is purely a partisan issue, and as soon as Trump is gone, the global order we knew and loved, and prospered under will be returned.

Who we love, or hate, or admire has nothing to do with adapting to the new reality. Go ahead and hate the despicable personality that is Trump, but don't let that hatred blind you to making the appropriate decisions to survive the economic disruption.

[malleefarmer]

A newspaper here suggests the currency war is over blown but not tarriff issue.

Some of you smarter than i qill understand this and i quote "to directly counteract chinas currency devaluation US treasury should begin countervailing currency intervention. This would work by purchasing chinese yuan denominated assests to bid up the value of the yuan and cancel out effects of currency manipulation by china"

According to author china always props its currency up even whgen it shouldnt this time it didnt.

Beyond me.