Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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Historically the Chinese have ignored and even stolen our intellectual property with impunity. I remember when back in the mid 1960s I started a job as a Patent Examiner at the USPTO the staff used the term "Chinese Copy" when a patent application essentially disclosed and claimed what was shown in a reference. lol.
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"No one is more hated than he who speaks the truth." Plato “To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine |
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#32
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You think the value of their portfolios does not go down when the market goes down?
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#33
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IMO They create the sell off selling millions of stock at high price, that drops market value then the wait like thief in night buy back at way lower value rate which causes market to go up. Then cycle starts all over again.
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#34
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Call the tariff a 10% sales tax...Minimum.
China understands...They are dumping treasuries to keep the 10 year yield high. The tariffs will benefit Mexico. Still. USD being the global currency means our economy gets offshored/depressed over time. They will probably create a USA only dollar and an outside USA dollar that will be priced differently. The "Eurodollar" needs to be drained to take back control of monetary policy and SOFR replacing LIBOR is a good first step...The tariffs will help even more. MeThinks the tariffs will bankrupt the European Union and UK...I think that's the plan. The City of London (the autonomous city within London) is a plain 300 year evil. Time to dust off the Monroe Doctrine and take Canada and Greenland away from our European colonizers ![]() Last edited by MorTech; 04-09-2025 at 01:36 AM. |
#35
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There are 300M people in China with an IQ north of 140. They will be just fine after their debt depression and they are the world innovators and producers now.
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#36
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An IQ above 140 is in the 99.6th percentile - one in 250 people. With 1.4 billion people, China will have around 6 million above 140. Still plenty to innovate, though.
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#37
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300M people with an IQ north of 140 combined with a Confucius/Tso mindset...The human values produced there will be mind blowing.
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#38
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Money in the coffers is the REAL motivation.
Only then can it be pilfered for tax breaks for the (needy??) 0% Tariffs (trade free) only helps the majority of us; and fails to achieve objective. |
#39
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Good on you!
Edifying the masses is however an uphill battle. Stay strong... Quote:
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#40
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#41
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#42
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Let’s see, Trump has received $5T of new money to build new things in the states and a lot of them will employ hundreds of thousands of people. You forget, if you are building a plant that will be using robots, you still need a lot of people to build the plant, program and maintain the robots, and a staff to do things that robots can’t do. Every car plant in the world has robots but they also have a large staff to keep it running and to do certain tasks.
The OP brings up a unique situation about trying to move $3 labor plant to the US. This won’t happen, but how about the large tariffs brought by Germany, UK, Japan, and others that make much more than $3 an hour to build cars, these places can move to the states and most of them have for decades. Remember, Trump isn’t asking nations to pack up shop and relocate here, he gives them multiple choices: 1) build here 2) take your tariffs off and we will take ours off. Pretty simple. While we are at it, I like trumps idea to create the ERS (external revenue service) that gets the tariff money and reducing or eliminating the IRS. When CEO’s are interviewed here in the states and even Warren Buffet, they like what Trump is doing with the tariffs. Trumps tariffs from 2017 are still in place today, if they were bad, why haven’t they been eliminated? And since those tariffs are on aluminum and steel, how much have you been paying extra for a can of soda? Since those tariffs are in place, how much aluminum do we import or how much more do our aluminum plants produce of what we buy? 1 more thing, we also have factories or businesses running at 50-75% capacity, maybe tariffs will work out for the US to get these running at full capacity without the need to build something new that could take years. |
#43
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if they move manufacturing at all, it will be many years. Trump will be gone as well as most of us
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#44
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You mean sell high and buy low? What a novel idea. News flash, it does not apply only to "billionaires". You could jump in and buy now, or try to time the bottom of the market, which usually doesn't turn out too well. Perhaps a better maxim is to buy on the way down and sell on the way up.
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#45
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Closed Thread |
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