United States First Quarter Contraction.

Even then, a lot of the parts would be build in foreign factories. Like it or not, it's a world-wide economy now. We need foreigners to buy our products as well.

 

Yes i wasn't suggesting an earth shaking change, just a closer to home approach when possible. Even buying from Say Mexico is better than buying from half way around the world. And everyone can grow their own tomatoes..
On my list for this summer building a chicken coup and producing my own eggs.

 

Samsung and LG are of higher quality too.

 

Gosh, the super superficial approach. But what I don't get, is why you'll continue to carry water for China? Why is that? Asking another trading partner not to artificially out compete you seems, from reading your posts, a bridge too far for you. Or, are you so in favor of slave labor and merciless theft of protected intellectual property that you cannot even admit to it? I cashed out, as I have said before, because there were profits to be taken in January. That doesn't mean that I was predicting a correction, or anything like it. The contraction is entirely artificial, and doesn't in any real way reflect the potential of the market. This we know. And as soon as the forced lockdowns are lifted, we'll see just how robust it is.

 

Both false. Trump took on Navarro because he thought the same way about trade. Doctors are using Hydroxychloroquine sucssesfully. Those with heart issues are put on something else. Ignore the doctors, listen to the demedia instead eh?

 

Umm, no they aren't.. they should stick to phones and tvs.. thier appliances suck.

 

I don't trust China in the least, but it's silly to claim there isn't a symbiotic economic relationship that exists between the US and China. And theUS needs cheap Chinese labor more than China needs US goods, otherwise we wouldn't have a 300 billion dollar trade deficit.

 

Hmm... and yet, there isn't a symbiotic relationship. We actually don't need them. We were stupid to rely on them, and frankly to our peril as we have now discovered.

 

We can slowly move away from them as a supplier, but unless you can instantly come up with hundreds of thousands of American workers who will work for $20 a day, we can't just cut them off.

 

but....but....isn't that exactly why you've been supporting illegal immigration all these years?? Of course we can cut them off. It might really effect places like Walmart, but you don't like them anyway, do you?

 

Someone wants to eliminate the outsourcing of our manufacturing jobs, and you say we just can't do it.

 

China is number 1 globally in manufacturing and the US right under at number 2. As countries expand into strong first world countries service, and sales Jobs become more necessary to support a larger, more prosperous economy. China will hit its manufacturing bubble in < 5 years, if not even <= 3.

 

Nixon was a genius to open up trade with China, despite the Watergate debacle.

 

Lol. Actually LG phones are pretty bad. Samsung are good on the higher end. I managed teams and sold phones for years; appliances too. Whirlpool is good too, but not better.


https://www.consumeraffairs.com/homeowners/washers-and-dryers/

https://www.goodhousekeeping.com/appliances/washer-reviews/a46443/samsung-addwash-washing-machine

 

Easiest way to do that was to nationalize payroll and send people home for a quarter. Augment that with a loan program to carry actual Mom and Pop businesses and then let all others deal with their banks.

The problem with simple and efficient is the dollars would have flowed down in the system and that’s a big no-no.

 

A quarter is way to long in my opinion.

Personal opinion - I wish we either went into martial law for 2 weeks and did strict social distancing or only socially distanced those at risk.

 

i currently sell appliances... so consumer affairs can go suck lemons... everyone wants samsung and lg until they have a problem and cannot get parts because they come from Korea and china and are not readily available. Whirlpool less problems and easy fixes

 

Same and I agree with consumer affairs

 

Revisions could take it down to minus 8.

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