Quote from: Solar on December 20, 2019, 12:18:30 PM
He's not, that's why we like him.
I love how he is going after the Russian pipeline to Europe, to be completed in a month after years of being built. Watch all construction stop!

Bet putin's mad he got Trump elected.

Quote from: Solar on December 20, 2019, 12:06:16 PM


Wait'll phase 2. Their collective commie heads are going to explode!

That's going to be the REAL standdown... subsidies...  Phase I has been 'OK, we'll let you buy some of our shit and we won't strangle you for a little while".

Quote from: s3779m on December 20, 2019, 12:28:25 PM
Bet putin's mad he got Trump elected.

Now libs will call Trump a backstabber.

https://www.peoplespunditdaily.com/news/economy/2019/12/20/personal-income-gains-in-november-surpass-forecast-range/

QuoteThe Bureau of Economic Analysis (BEA) reported personal income rose $101.7 billion (0.5%) in November, exceeding the forecast range. The gain was primarily driven by better compensation for employees, as well as farm proprietors' income, and personal interest income.

Forecasts ranged from a low of 0.2% to a high of 0.4%. The consensus forecast was 0.3%.

Disposable personal income (DPI) rose $87.7 billion (0.5%) and consumer spending continued to come in stronger than expected. Personal consumption expenditures (PCE) gained $64.9 billion (0.4%).

Forecasts ranged from a low of 0.2% to a high of 0.5%. The consensus forecast for spending was 0.4%.

Real DPI and real PCE rose 0.4% and 0.3%, respectively. The PCE price index increased 0.2%. Excluding food and energy, the PCE price index increased 0.1%.

The $37.8 billion increase in real PCE reflected an increase of $22.6 billion in spending for goods and a $17.1 billion increase in spending for services.

Personal outlays increased overall by $68.6 billion in November.

Personal saving was $1.31 trillion in November and the personal saving rate—personal saving as a percentage of disposable personal income—rose slightly to 7.9%.

Quote from: taxed on December 20, 2019, 12:36:10 PM
That's going to be the REAL standdown... subsidies...  Phase I has been 'OK, we'll let you buy some of our shit and we won't strangle you for a little while".

Yep, assuming China can make it to phase two. Trump has it in writing that he can reinstate tariffs at anytime the Chinese even sneeze or play dumb.
I have a feeling Xi will do something stupid and Phase II will never be finalized.

Quote from: Solar on December 20, 2019, 12:40:10 PM
Yep, assuming China can make it to phase two. Trump has it in writing that he can reinstate tariffs at anytime the Chinese even sneeze or play dumb.
I have a feeling Xi will do something stupid and Phase II will never be finalized.

If Xi does something stupid I imagine he will suffer the same fate as Epstein. China is losing a lot of American businesses to Vietnam, South Korea, India, Mexico,,,, the list is growing. Looks like China will blame Xi more for that than give Trump credit.

Quote from: Solar on December 20, 2019, 12:40:10 PM
Yep, assuming China can make it to phase two. Trump has it in writing that he can reinstate tariffs at anytime the Chinese even sneeze or play dumb.
I have a feeling Xi will do something stupid and Phase II will never be finalized.

But he's president for life?! 

Quote from: taxed on December 20, 2019, 12:52:49 PM
But he's president for life?! 

Oh yeah, about that. Soo soo solly about your impending death this weekend...

Quote from: Solar on December 20, 2019, 01:03:20 PM


Oh yeah, about that. Soo soo solly about your impending death this weekend...

CCP: "Mister President, rook over mother China from this Great Warr"

Xi: "Yes, very proud of China. Great rand. This warr show how great China is and... wait, what you doing?? Put me down!!! I'm President for rife!!! I'M PRESIDENT FOR RIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIFFFFFFFFFFFFFEEEEEEEEEEEEEEEEEEEE" (* SPLAT *)

Quote from: taxed on December 20, 2019, 01:13:15 PM
CCP: "Mister President, rook over mother China from this Great Warr"

Xi: "Yes, very proud of China. Great rand. This warr show how great China is and... wait, what you doing?? Put me down!!! I'm President for rife!!! I'M PRESIDENT FOR RIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIFFFFFFFFFFFFFEEEEEEEEEEEEEEEEEEEE" (* SPLAT *)

Sooo, the Chinese do keep some promises?

Trump pulls a chapter from Reagan when he collapsed the USSR. Remember Starwars?
Now Trump has Space Force and the Chinese panties are knotted.

China attacks the newly formed U.S. Space Force as a 'direct threat to outer space peace and security'
Trump signed a $738billion defense bill on Friday, ushering in his Space Force
Beijing said it was 'deeply concerned' and 'resolutely opposed to' the decision
It added that Washington undermined global strategic balance and stability
China's space project has advanced rapidly since first crewed mission in 2003

Rising space power China today attacked the newly created U.S. Space Force, labeling it a 'direct threat to outer space peace and security'.

Foreign ministry spokesman Geng Shuang told reporters that China is 'deeply concerned about it and resolutely opposed to it'.

'The relevant U.S. actions are a serious violation of the international consensus on the peaceful use of outer space, undermine global strategic balance and stability, and pose a direct threat to outer space peace and security,' Geng said at a regular briefing.

https://www.dailymail.co.uk/news/article-7821261/China-attacks-US-Space-Force-threat-outer-space-peace.html

Screw the Commies! These fucks violated space first, back when the launched a kinetic missile in 2007, to test on their own outdated weather satellite.
They're just pissed because they know we have the tech and fiscal ability to make it happen and they can't.
Reagan did essentially the same thing and Russia couldn't afford to keep up, as neither can China.


https://military.wikia.org/wiki/2007_Chinese_anti-satellite_missile_test

Sounds like things are going great..............

https://mobile.reuters.com/article/amp/idUSKBN1YS0KN

Quote(Reuters) - China will step up support for employment to cope with rising pressure on job security due to internal and external challenges, the cabinet said on Tuesday, as the world's second-largest economy slows.

Simultaneous downturns in the services and manufacturing industries pose a major problem for authorities seeking to keep a lid on unemployment and prevent social unrest as economic growth decelerates to near three-decade lows.

"At present, China's employment situation is generally stable, but risks and challenges at home and abroad are increasing and the pressure to stabilise employment is increasing," the State Council said in a statement.

Quote from: taxed on December 25, 2019, 10:23:16 PM
Sounds like things are going great..............

https://mobile.reuters.com/article/amp/idUSKBN1YS0KN

I love that last line.  In other words, hemorrhaging by the patient is normal as long as we can stop the bleeding, then we can see about getting the patient a new set of legs, arms, assorted organs and possibly a brain transplant. Otherwise China's economy is fine, the State Council said in a statement.

China has never in it's life experienced this wide ranging employment issue before, mostly because no one had actual jobs in export, they eked out a living from the earth as dirt poor peasants.
Since Nixon opened China, this is the first time they've experienced what it is like not being able to manipulate the mkt. It doesn't take a genius to see that China is putting the best face possible on a total economic collapse.
Sure China will survive, but it's the little guy who will suffer and go without food because China is a Commie nation and that's what they do, pick winners and losers, only on a life and death stage.

Quote from: taxed on December 25, 2019, 10:23:16 PM
Sounds like things are going great..............

https://mobile.reuters.com/article/amp/idUSKBN1YS0KN

QuoteThe government will also expand investment appropriately and stabilise foreign trade to boost employment, it said.

Looks like its time to give America a decent trade deal.

Plus I doubt these measures will help their economy as when the dims try such things here they usually backfire.

It was OK under Obozo, until Trump took a Sushi knife the the commies. 
I love the use of the term "Banking Regulator, as if there is such a thing in commie land.

China Sentences Ex-Chairman of Hengfeng Bank to Death

The former chairman of struggling lender Hengfeng Bank Co. has been sentenced to death with a two-year reprieve by a Chinese court for making illegal gains of over $100 million.

Jiang Xiyun was convicted for moving 754 million yuan ($108 million) worth of Hangfeng shares to his personal account between 2008 and 2013, according to the Yantai Intermediate People's Court. He also took bribes of more than 60 million yuan together with another bank executive, according to the Thursday ruling. A reprieved death sentence may be commuted to a life sentence if the person shows good behavior within the allotted period.

The conclusion of the trial underscores the troubles faced by Shandong-based Hengfeng Bank, which earlier this month became the latest regional lender in need of a rescue. The bank sold new shares for about $14 billion to a group of investors including a unit of China's sovereign wealth fund and a local government-backed asset management firm.

Jiang had ordered others to destroy records for over 600 million yuan of transactions, according to Thursday's ruling.

China's banking regulator said in June that the Shandong government was speeding up the restructuring of Hengfeng, a mid-sized bank that has failed to disclose its financial statements for two straight years. The lender had 1.2 trillion yuan of assets at the end of 2016, according to its most recent annual report.

https://www.bloomberg.com/news/articles/2019-12-27/china-sentences-ex-chairman-of-troubled-hengfeng-bank-to-death