America’s M.A.D. policy with China
My discussion with Doc from earlier today was looking lonely, especially since two companies I’d planned to share profiles on today have had scheduling issues.
So going to a somewhat different subject I wanted to share with all of you a commentary I wrote earlier this month on the near-hysteria in some quarters over a major trade war, chiefly between the U.S. and China.
My take in a nut shell: Economically, the story is not dissimilar to the military “standoff” years back between the U.S. and the Soviet Union. . .and I believe that likewise, neither the U.S. nor China (but especially, as I argue, a MUCH weaker China) can afford to REALLY “fire the first shot”
LINK: https://nationalinvestor.com/1517/understanding-m-d-policy-china/
Bezo………just needs to raise his employee ‘s compensation………..at least give them a day off with pay………..
https://www.zerohedge.com/news/2018-04-26/jeff-bezos-net-worth-hits-134-billion-12-billion-one-day
Bazaar Bozo……
Didn’t Mueller work at HSBC………… “)
https://www.zerohedge.com/news/2018-04-26/ex-hsbc-currency-trader-sentenced-2-years-prison
Turkey in every goldpot………….
https://www.zerohedge.com/news/2018-04-26/foreign-gold-demand-grows-while-mine-supply-decreases-real-story
Emerging markets are starting to get restless with the U.S. about gold and the dollar’s hegemony.
Just last week, Turkey announced that during 2017 they had withdrawn about 27 tonnes of gold from the New York Federal Reserve’s vault.
Jerry if you are out there read this; The Toronto Dominion Bank just lifted it’s mortgage rates, the biggest move in five years. I think they were expecting The Governor of The Bank of Canada to raise rates three days ago and when they left the rate unchanged they said lets do this without the central bank. Somebody has their ears and eyes on the ground, if the other Big Banks follow suit this will hurt the consumer considerably.
http://business.financialpost.com/news/fp-street/toronto-dominion-lifts-mortgage-rate-in-biggest-move-in-years
Thanks Dick,……..very interesting……..
Will take awhile for that to sink in ….for the brokers and buyers….jmo
Looks like rates are headed up, and everyone better get prepared……..jmo
Bigger News………MUELLER IS TOAST………
https://www.zerohedge.com/news/2018-04-27/trump-euphoric-after-house-intel-report-finds-no-collusion-between-president-russia
Weeks after the House Intelligence Committee voted to officially close its investigation into whether President Trump colluded with the Russians, it has finally released its official account of its findings in a heavily redacted 253-page report which unambiguously proclaims that the committee “found no evidence that the Trump campaign colluded, coordinated, or conspired with the Russian government
Trumps Tweet says it ALL……………. “THIS MUST END”
He is cleared………….and the END IS NEAR…….might even happen today…..YOU’RE FIRED…… 🙂
Bezo……blowback coming…….political influence is no longer acceptable behavior,
https://www.zerohedge.com/news/2018-04-27/blowback-against-facebook-google-and-amazon-just-beginning
Debt Serfs are going for a DEBT JUBILEE…….wait and see……
You shall make the fiftieth year holy, and proclaim liberty throughout the land to all its inhabitants.
It’s the paper tiger verses the paper dragon, China has a lot of problems but their biggest liability is the job losses they are encountering from Artificial Intelligence. The US has already seen it’s labor force depleted by cheap Asian labor so the The US is in control again. China on the other hand could find a lot of political strife if they can’t keep a huge population fed without cheap labor. China must re-invent the wheel quickly or they won’t be able to control their population which is yearning for more government say. But re-inventing the wheel means very few unskilled jobs in the new economy. DT