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Old 12-04-2018, 01:40 PM #1
Eddy Current Eddy Current is offline
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Default Dow is down over 600 points as US China "deal" falls apart

Things aren't looking good for the US economy.

It was falsely claimed by the US President that the US and China had reached an agreement on the tariff war. However, no agreement was made and the markets are now in shambles

Economists are predicting a recession to hit by 2020.
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Old 12-04-2018, 02:04 PM #2
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Pretty amazing how the media has completely ignored the massive disaster of Trump's trade war. Not one good thing has come from it, businesses going under left and right.
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Old 12-04-2018, 02:05 PM #3
Eddy Current Eddy Current is offline
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Damn, down over 700 now.

Incompetent leadership in America right now...
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Old 12-04-2018, 02:20 PM #4
Eff Pandas Eff Pandas is offline
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Has Trump said "Listen you motherf#ckers" yet doe? Give him a lil time if not. He's got this.
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Old 12-04-2018, 02:48 PM #5
DoubleLeftH00k DoubleLeftH00k is online now
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Quote:
Originally Posted by Julia Slobberts View Post
Things aren't looking good for the US economy.

It was falsely claimed by the US President that the US and China had reached an agreement on the tariff war. However, no agreement was made and the markets are now in shambles

Economists are predicting a recession to hit by 2020.
what u fail to see is

Chinas market is also going down

China has been slowly penetrating US arse
finally we have a president who refused to be abused by Gina
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Old 12-04-2018, 02:50 PM #6
Tomjas Tomjas is offline
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Quote:
Originally Posted by DoubleLeftH00k View Post
what u fail to see is

Chinas market is also going down

China has been slowly penetrating US arse
finally we have a president who refused to be abused by Gina
Why donít you explain to everyone why a trade deficit is bad
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Old 12-04-2018, 02:57 PM #7
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China has been projected to overtake the US economy and global control

under Democrats that projection is just going to be speed up, might aswell learn chinese

having trump will give us time to slow it down or hence a chance to change it around
ill take the chances
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Old 12-04-2018, 03:11 PM #8
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Lol Julia and the rest of you Dems wont say chit when it goes back up tho.
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Old 12-04-2018, 03:29 PM #9
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I'm pretty sure what has happened is we signed a 90 day moratorium with China, which won't revert all the tariffs, but it will help ease the costs. It will also give us and China time to work out a deal. I'm actually pretty optimistic now that we will get a respectable deal with them now. I was critical of Trump with the tariffs, but it may just work out in the long run.
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Old 12-04-2018, 04:26 PM #10
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It's over guise, we had a good run
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