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M Simon
CNBC Television
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Comments by "M Simon" (@msimon6808) on "Trump may bring U.S. into long trade war with China where tariffs are goal: Analyst" video.
America was losing the space race in 1959. By 1969 we were on the moon. We have a history of coming from behind.
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@basook6116 China will be absorbing most of the tariffs - if it wants to keep its markets. Just as happened when the cost was 10%. Farmers are shifting out of soybeans. With pigs dying in China the market is not there. China is not self sufficient in food. Too much hunger and the Mandate of Heaven evaporates. It has happened before in China. I'd be careful. Missing a toy for your keychain is different from going hungry. One is an annoyance. The other is life and death.
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And the CCP is as qualified as the Soviet Union. Don't forget Ronald Reagan was an actor. It didn't help the Soviets.
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@langur25681 When stealing comes to an end then you need innovation. The Chinese are very good at innovation in free markets. I'm not so sure the CCP can handle independent thought.
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@viktorvarga9878 We had a war with Japan in the 80s. No shooting was involved. In fact we sent them tons of plutonium.
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@pekingman3034 America stole electricity. I'm expecting a Chinese collapse. The Mandate of Heaven is evaporating.
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Ho Chi Wang The rule is - if you can hold it - the former natives could not. Americans still celebrate the former owners to a certain extent. It will be interesting to see if the CCP can continue to hold China. My bet is that they can not. Spying on everyone in the country is expensive. And it creates resentment.
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@prateekkhanna9941 i became an aerospace engineer without one. Degrees are worthless. Understanding is everything.
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Ho Chi Wang Homelessness is a problem of PTSD. Once America comes to that conclusion generally we will fix it.
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Given a chance the leaders of China want to park their capital elsewhere. Thus capital controls. If the leaders do not have confidence.....
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@prateekkhanna9941 I'm expecting a Chinese crash. And the end of the CCP.
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Well America wants to spend its money elsewhere. The US spends with China 129% of Chinese export surplus. I'd like to see that go to zero. How about you?
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@Michael Kahr The world is in decline. The reason? The easy stuff has been done. In the early days of oil you got a 100X return on energy invested. These days it is about 12X. ==> Read The Collapse of Complex Societies by Joseph Tainter - pdf . Free Online.The good stuff starts in Chapter 4.
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D M America has been falling for over 200 years. According to the experts. In 1959 we were losing the space race. In 1969 we were on the moon. Or take WW2. We were for sure losing in the first 6 months. And then came August 1945. America has an amazing capacity to come back from adversity. I believe this time will be no different.
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Every company is now required to have CCP cadre. To prevent wrong think. That is expensive. And dead weight.
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