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The Forum > General Discussion > Capitalism

Capitalism

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Maybe worth a quick look at experts warnings about Trump actions against Chinese trade
Let us be honest, after all it matters
I can see why Trump, and all sides in America should be concerned
Trade sometimes is out of balance this trade is
But the big stick is not the right way now, America, the world,and capitalism, will suffer at least as much as China
Posted by Belly, Wednesday, 8 May 2019 11:55:29 AM
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It has long been said that the Eagle & the Bear will unite to fight the Dragon.
Posted by individual, Thursday, 9 May 2019 6:55:16 AM
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Indy yes it has by psychics who also predicted the Royal baby would be a girl boy whatever
We would,some said, be at war every year of the last 50
This morning's news, near a trillion dollars lost on world stock markets because of Trump's stance on China trade
Read more China's trade has dropped 10 percent we live in interesting times
Posted by Belly, Thursday, 9 May 2019 7:08:05 AM
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near a trillion dollars lost on world stock markets
Belly,
Somehow I get the feeling that that's just greed jargon. It's more than likely the sum of money they were hoping to make but didn't. They'd still make a handsome profit despite it ! What they call loss is simply not making as much as they try to make !
Posted by individual, Thursday, 9 May 2019 2:02:22 PM
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indy no in fact after reading even later news reports it was more than one trillion
It highlights the very real danger a trade war can bring
A new capitalism may save us from such headlines
But as you and I dabble in this storey in a week's time we could be in the middle of the GFC we talk of
Posted by Belly, Thursday, 9 May 2019 4:21:04 PM
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http://www.smh.com.au/business/markets/lots-of-broken-hearts-today-wall-street-goes-on-rollercoaster-ride-as-trade-tensions-ramp-up-volatility-20190510-p51lwc.html
One day,hopefully not soon a story like this will signal the start of a very real crisis
Nothing, no investment, no single thing we do with money can be safe forever
Posted by Belly, Friday, 10 May 2019 7:41:21 AM
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