Wouldn't that instantly cause the USD to lose the global reserve currency status?
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- Thread starter bd popeye
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As expected really.
On a side note how on earth does this forum have so many deep insiders and subject matter experts anyway?
It's just a forum to discuss Chinese military stuff. Didn't know it would attract the CIA, think tank spies, nuclear scientists etc.
Wonder is there a way to use the info I get here to make money off the financial market during this turmoil.
I think there are a couple more dimensions I don't think has been talked about much:
1 - US has to somehow force Canada and Mexico to match US tariff on China/World, otherwise trans-shipment through Canada becomes an instant profit scheme. Problem is with all the annexation talk, it's becomes politically hard for Ottawa to join US in death (as much as they want to as fellow Anglos), this could force US to act even more aggressively toward its neighbours.
2 - Marketshare lost from global retaliatory tariff on US exports helps boost a number of Chinese industries, e.g. cars, semiconductors, the few things US still export that's not farm goods. If US tariff keeps on increasing, or China just embargo them, entire sectors could become up for grabs by Chinese companies.
3 - Following from 2, China hasn't played crackdown on American multi-national card yet. The nature of US companies is they do a lot of business in the US, Tesla for example is infinitely more vulnerable to this trade war than BYD. Right now American companies are only taking damage from tariff side of this trade war, but if and when China plays the sanction card, those companies could just die.
China likes to say there's no winners in a trade war, but that's only true from a win-win starting point, from a zero-sum starting point, this could, or already have turn into another COVID.
1 - US has to somehow force Canada and Mexico to match US tariff on China/World, otherwise trans-shipment through Canada becomes an instant profit scheme. Problem is with all the annexation talk, it's becomes politically hard for Ottawa to join US in death (as much as they want to as fellow Anglos), this could force US to act even more aggressively toward its neighbours.
2 - Marketshare lost from global retaliatory tariff on US exports helps boost a number of Chinese industries, e.g. cars, semiconductors, the few things US still export that's not farm goods. If US tariff keeps on increasing, or China just embargo them, entire sectors could become up for grabs by Chinese companies.
3 - Following from 2, China hasn't played crackdown on American multi-national card yet. The nature of US companies is they do a lot of business in the US, Tesla for example is infinitely more vulnerable to this trade war than BYD. Right now American companies are only taking damage from tariff side of this trade war, but if and when China plays the sanction card, those companies could just die.
China likes to say there's no winners in a trade war, but that's only true from a win-win starting point, from a zero-sum starting point, this could, or already have turn into another COVID.
It's really stupid. It's possible that US manufacturing will in fact shrink due to his tariffs.
Anyone manufacturing in the US now probably has a very efficient global supply chain, sourcing a lot from China (and elsewhere), so all the parts prices have now gone up and they aren't sure their customers can swallow a 50% price increase, and could just shut down.
Oh,India forgot about them at the childrens' table-maybe the vishwaguru modi can call Trump instead of Xi and beg to be annexed
Nah,we're all true-red wumao shitposters having fun-where the hell else am I going to discuss PLA,world global mil/economy/geopolitical trends,not at work(go Leafs go)-with anyone that understands what I am saying-just having fun and the last 3 months were really fun and now the Orange Wrecking Ball has made me lose alot of sleep but so,so worth it.If you're fricking CIA.CSIS you are just wasting your time on civilian shit-posters having free speech,cultural homeland nostalgia and FUN
Well if we talk about PLA in other forums we would just be bombarded with anti China propaganda so the sdf is our safe haven.
Lol, math fails...
280,000 students in China.. "total cultural dominance"...
How many Chinese students in China?
