Anonymous wrote:Who let China control the US in this way
Anonymous wrote:So I guess this Tik Tok deal isn’t happening. Good riddance.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Actually, Bill Clinton let them in the WTO. I like Clinton, but he played a major part.Anonymous wrote:Anonymous wrote:Who let China control the US in this way
Republicans!
The fact is the US consumer created this situation. Addiction to having the latest and greatest (even if it's cheap Chinese crap), the open availability of consumer credit, the incessant need to stroke oneself with new phones, tvs, laptops, cars, furniture, etc., etc., etc.
You want blame? Look to the left, the right and in the mirror.
No it’s from endless tax cuts which reduced revenue to cover entitlements.
If we had 50s taxes there would be deficit.
The US survived just fine when there were 0 income taxes.
Yeah! Kid worked in mines and factories, most people did not get beyond an 8th grade education. No safety net, so if your parents died young, which they did more often, you had to live in an orphanage. It was AWESOME!!!!!
It’s like you watched The Gilded Age and thought, wow, I bet everyone was happier then, as if it were representative of how the majority barely survived.
Anonymous wrote:Why did we start a war with China? The morons who voted for Trump are going to suffer the most.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Actually, Bill Clinton let them in the WTO. I like Clinton, but he played a major part.Anonymous wrote:Anonymous wrote:Who let China control the US in this way
Republicans!
The fact is the US consumer created this situation. Addiction to having the latest and greatest (even if it's cheap Chinese crap), the open availability of consumer credit, the incessant need to stroke oneself with new phones, tvs, laptops, cars, furniture, etc., etc., etc.
You want blame? Look to the left, the right and in the mirror.
No it’s from endless tax cuts which reduced revenue to cover entitlements.
If we had 50s taxes there would be deficit.
The US survived just fine when there were 0 income taxes.
lLet them, I’ll buy my share when the yield gets to 5%, thats the trigger. I think a lot of buyers show up at that yield.Anonymous wrote:I think the concern is actually JAPAN dumping US bonds. Look up the yen carry trade unwind.
Anonymous wrote:Help! I shifted a bunch of my 401K funds into bonds, specifically VBTLX - vanguard total bond market index fund. Should I switch back into equities -- or cash?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Actually, Bill Clinton let them in the WTO. I like Clinton, but he played a major part.Anonymous wrote:Anonymous wrote:Who let China control the US in this way
Republicans!
The fact is the US consumer created this situation. Addiction to having the latest and greatest (even if it's cheap Chinese crap), the open availability of consumer credit, the incessant need to stroke oneself with new phones, tvs, laptops, cars, furniture, etc., etc., etc.
You want blame? Look to the left, the right and in the mirror.
No it’s from endless tax cuts which reduced revenue to cover entitlements.
If we had 50s taxes there would be deficit.
Anonymous wrote:Anonymous wrote:Actually, Bill Clinton let them in the WTO. I like Clinton, but he played a major part.Anonymous wrote:Anonymous wrote:Who let China control the US in this way
Republicans!
The fact is the US consumer created this situation. Addiction to having the latest and greatest (even if it's cheap Chinese crap), the open availability of consumer credit, the incessant need to stroke oneself with new phones, tvs, laptops, cars, furniture, etc., etc., etc.
You want blame? Look to the left, the right and in the mirror.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Actually, Bill Clinton let them in the WTO. I like Clinton, but he played a major part.Anonymous wrote:Anonymous wrote:Who let China control the US in this way
Republicans!
The fact is the US consumer created this situation. Addiction to having the latest and greatest (even if it's cheap Chinese crap), the open availability of consumer credit, the incessant need to stroke oneself with new phones, tvs, laptops, cars, furniture, etc., etc., etc.
You want blame? Look to the left, the right and in the mirror.
The USA emerged from WWII as the richest country in the world. Since, it has only gotten richer. None of the other first-world countries come close in terms of sheer disposable income.
And it's only human nature to want to accumulate stuff and buy at low prices. Third world nations are developing and some have become first world nations based on that principle - they provided cheap goods for decades to any consumer willing to buy.
Supply and demand, people.
This is NOT a zero sum game. EVERYONE has become richer. Globalism is a good thing.