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#1
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US braced for cataclysmic shocks if Trump trade policies come into force
MILLIONS of jobs, billions of dollars worth of trade and the stability
of the global financial system could be at risk following the cataclysmic impact of a Trump victory next Tuesday. Thats according to economic modelling, done by the Peterson Institute for International Economics, based on Trumps claims he would rip up global trade agreements and impose tariffs on the US and China. The US-based think tanks executive vice President Marcus Noland said the US is on the cusp of a decision that could turn the clock back 80 years and drive a stake through the heart of global business meccas like Silicon Valley and New Yorks Wall Street. Manufacturing, engineering, aerospace, retail and hospitality industries could also be affected, as could overseas markets like Australia who rely on a stable international system, he said. If the US is essentially acting as a bully and a rogue and starting trade wars with China and Mexico, thats bad for everyone, Mr Noland said one week before the US takes to the polls. http://www.news.com.au/finance/econo...d2aa0c53f1254b |
#2
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US braced for cataclysmic shocks if Trump trade policies come into force
On Monday, October 31, 2016 at 10:21:20 PM UTC-5, Bod wrote:
MILLIONS of jobs, billions of dollars worth of trade and the stability of the global financial system could be at risk following the cataclysmic impact of a Trump victory next Tuesday. Thats according to economic modelling, done by the Peterson Institute for International Economics, based on Trumps claims he would rip up global trade agreements and impose tariffs on the US and China. The US-based think tanks executive vice President Marcus Noland said the US is on the cusp of a decision that could turn the clock back 80 years and drive a stake through the heart of global business meccas like Silicon Valley and New Yorks Wall Street. Manufacturing, engineering, aerospace, retail and hospitality industries could also be affected, as could overseas markets like Australia who rely on a stable international system, he said. If the US is essentially acting as a bully and a rogue and starting trade wars with China and Mexico, thats bad for everyone, Mr Noland said one week before the US takes to the polls. http://www.news.com.au/finance/econo...d2aa0c53f1254b THE SKY IS FALLING! THE SKY IS FALLING! IT HIT ME ON THE HEAD! Geez! ( *_*) [8~{} Uncle Flying Monster |
#3
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US braced for cataclysmic shocks if Trump trade policies come into force
On 01/11/2016 03:39, Uncle Monster wrote:
On Monday, October 31, 2016 at 10:21:20 PM UTC-5, Bod wrote: MILLIONS of jobs, billions of dollars worth of trade and the stability of the global financial system could be at risk following the cataclysmic impact of a Trump victory next Tuesday. Thats according to economic modelling, done by the Peterson Institute for International Economics, based on Trumps claims he would rip up global trade agreements and impose tariffs on the US and China. The US-based think tanks executive vice President Marcus Noland said the US is on the cusp of a decision that could turn the clock back 80 years and drive a stake through the heart of global business meccas like Silicon Valley and New Yorks Wall Street. Manufacturing, engineering, aerospace, retail and hospitality industries could also be affected, as could overseas markets like Australia who rely on a stable international system, he said. If the US is essentially acting as a bully and a rogue and starting trade wars with China and Mexico, thats bad for everyone, Mr Noland said one week before the US takes to the polls. http://www.news.com.au/finance/econo...d2aa0c53f1254b THE SKY IS FALLING! THE SKY IS FALLING! IT HIT ME ON THE HEAD! Geez! ( *_*) [8~{} Uncle Flying Monster I think the Australian writer of that report has a point. Trump doesn't want to get too blase about it. The US has already got the threat of being nuked by the insane North Korean madman Kim Jong-un, the last thing it wants is to wind up the Chinese more. It's all very well getting tough, but Trump doesn't seem to understand diplomacy by the way he conducts himself. He has said some pretty stupid alarming things. Don't get me wrong, I don't think Trump or Clinton are any good, but then that's only my humble opinion and I'm looking from the outside of course. |
#4
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US braced for 'cataclysmic' shocks if Trump trade policies come into force
Uncle Monster wrote:
On Monday, October 31, 2016 at 10:21:20 PM UTC-5, Bod wrote: MILLIONS of jobs, billions of dollars worth of trade and the stability of the global financial system could be at risk following the "cataclysmic" impact of a Trump victory next Tuesday. That's according to economic modelling, done by the Peterson Institute for International Economics, based on Trump's claims he would "rip up" global trade agreements and impose tariffs on the US and China. The US-based think tank's executive vice President Marcus Noland said the US is on the "cusp" of a decision that could turn the clock back 80 years and drive a stake through the heart of global business meccas like Silicon Valley and New York's Wall Street. Manufacturing, engineering, aerospace, retail and hospitality industries could also be affected, as could overseas markets like Australia who rely on a stable international system, he said. "If the US is essentially acting as a bully and a rogue and starting trade wars with China and Mexico, that's bad for everyone," Mr Noland said one week before the US takes to the polls. http://www.news.com.au/finance/econo...d2aa0c53f1254b THE SKY IS FALLING! THE SKY IS FALLING! IT HIT ME ON THE HEAD! Geez! ?( ?_?)? [8~{} Uncle Flying Monster Bet they said the same about "Brexit" |
#5
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Not News: Sharia Court Protects Wife-Beaters. News: In TheUK
On Tue, 1 Nov 2016 03:21:16 +0000
Bod wrote: From: Bod Not News: Sharia Court Protects Wife-Beaters. News: In The UK The inquiry on sharia councils, of which there are now about 80 in Britain How about Catholics, Church of England etc??? What makes muslims so special?? http://www.dailymail.co.uk/news/arti...p-claims.html? |
#6
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US braced for cataclysmic shocks if Trump trade policies come into force
On Tuesday, November 1, 2016 at 12:24:57 AM UTC-4, Bod wrote:
On 01/11/2016 03:39, Uncle Monster wrote: On Monday, October 31, 2016 at 10:21:20 PM UTC-5, Bod wrote: MILLIONS of jobs, billions of dollars worth of trade and the stability of the global financial system could be at risk following the cataclysmic impact of a Trump victory next Tuesday. Thats according to economic modelling, done by the Peterson Institute for International Economics, based on Trumps claims he would rip up global trade agreements and impose tariffs on the US and China. The US-based think tanks executive vice President Marcus Noland said the US is on the cusp of a decision that could turn the clock back 80 years and drive a stake through the heart of global business meccas like Silicon Valley and New Yorks Wall Street. Manufacturing, engineering, aerospace, retail and hospitality industries could also be affected, as could overseas markets like Australia who rely on a stable international system, he said. If the US is essentially acting as a bully and a rogue and starting trade wars with China and Mexico, thats bad for everyone, Mr Noland said one week before the US takes to the polls. http://www.news.com.au/finance/econo...d2aa0c53f1254b THE SKY IS FALLING! THE SKY IS FALLING! IT HIT ME ON THE HEAD! Geez! ( *_*) [8~{} Uncle Flying Monster I think the Australian writer of that report has a point. Trump doesn't want to get too blase about it. The US has already got the threat of being nuked by the insane North Korean madman Kim Jong-un, the last thing it wants is to wind up the Chinese more. It's all very well getting tough, but Trump doesn't seem to understand diplomacy by the way he conducts himself. He has said some pretty stupid alarming things. Don't get me wrong, I don't think Trump or Clinton are any good, but then that's only my humble opinion and I'm looking from the outside of course. Probably 90% of what Trump spews is for the benefit of Trumpets like Mr. T here. They like to hear that BS and believe it. The reality is Trump, if elected, won't know WTF to do about trade or anything else. He can't and won't just tear everything up, because he doesn't know what to replace it with. An example of where he's headed, which the Trumpets ignore is what he did on taxes. He put out a plan a year ago for a top rate of just 25%. A few months ago, he cheerfully accepted the "establishment" GOP plane they gave him which calls for a top rate of 33%, ie basically a return to the Bush rates. Expect the same on trade. Another example of how stupid this man is, he said last week that if he's elected, he'll get rid of 70% to 80% of all govt regulations. Now, I'm a conservative, I believe in less regulation whenever possible. But what kind of ignorant fool thinks you could get rid of 80% of it? All we need are regs on clean water and air, what else is there? That's how the big dummy framed it. So, once again, getting rid of 80% of the regs, that isn't going to happen. Boy, those Trumpets are in for a big surprise if he wins. |
#7
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US braced for cataclysmic shocks if Trump trade policies come into force
On 01/11/2016 16:41, trader_4 wrote:
On Tuesday, November 1, 2016 at 12:24:57 AM UTC-4, Bod wrote: On 01/11/2016 03:39, Uncle Monster wrote: On Monday, October 31, 2016 at 10:21:20 PM UTC-5, Bod wrote: MILLIONS of jobs, billions of dollars worth of trade and the stability of the global financial system could be at risk following the cataclysmic impact of a Trump victory next Tuesday. Thats according to economic modelling, done by the Peterson Institute for International Economics, based on Trumps claims he would rip up global trade agreements and impose tariffs on the US and China. The US-based think tanks executive vice President Marcus Noland said the US is on the cusp of a decision that could turn the clock back 80 years and drive a stake through the heart of global business meccas like Silicon Valley and New Yorks Wall Street. Manufacturing, engineering, aerospace, retail and hospitality industries could also be affected, as could overseas markets like Australia who rely on a stable international system, he said. If the US is essentially acting as a bully and a rogue and starting trade wars with China and Mexico, thats bad for everyone, Mr Noland said one week before the US takes to the polls. http://www.news.com.au/finance/econo...d2aa0c53f1254b THE SKY IS FALLING! THE SKY IS FALLING! IT HIT ME ON THE HEAD! Geez! ( *_*) [8~{} Uncle Flying Monster I think the Australian writer of that report has a point. Trump doesn't want to get too blase about it. The US has already got the threat of being nuked by the insane North Korean madman Kim Jong-un, the last thing it wants is to wind up the Chinese more. It's all very well getting tough, but Trump doesn't seem to understand diplomacy by the way he conducts himself. He has said some pretty stupid alarming things. Don't get me wrong, I don't think Trump or Clinton are any good, but then that's only my humble opinion and I'm looking from the outside of course. Probably 90% of what Trump spews is for the benefit of Trumpets like Mr. T here. They like to hear that BS and believe it. The reality is Trump, if elected, won't know WTF to do about trade or anything else. He can't and won't just tear everything up, because he doesn't know what to replace it with. An example of where he's headed, which the Trumpets ignore is what he did on taxes. He put out a plan a year ago for a top rate of just 25%. A few months ago, he cheerfully accepted the "establishment" GOP plane they gave him which calls for a top rate of 33%, ie basically a return to the Bush rates. Expect the same on trade. Another example of how stupid this man is, he said last week that if he's elected, he'll get rid of 70% to 80% of all govt regulations. Now, I'm a conservative, I believe in less regulation whenever possible. But what kind of ignorant fool thinks you could get rid of 80% of it? All we need are regs on clean water and air, what else is there? That's how the big dummy framed it. So, once again, getting rid of 80% of the regs, that isn't going to happen. Boy, those Trumpets are in for a big surprise if he wins. Totally agree. |
#8
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US braced for 'cataclysmic' shocks if Trump trade policies come into force
On Mon, 31 Oct 2016 23:30:06 -0500, "ChairMan"
wrote: Uncle Monster wrote: On Monday, October 31, 2016 at 10:21:20 PM UTC-5, Bod wrote: MILLIONS of jobs, billions of dollars worth of trade and the stability of the global financial system could be at risk following the "cataclysmic" impact of a Trump victory next Tuesday. That's according to economic modelling, done by the Peterson Institute for International Economics, based on Trump's claims he would "rip up" global trade agreements and impose tariffs on the US and China. The US-based think tank's executive vice President Marcus Noland said the US is on the "cusp" of a decision that could turn the clock back 80 years and drive a stake through the heart of global business meccas like Silicon Valley and New York's Wall Street. Manufacturing, engineering, aerospace, retail and hospitality industries could also be affected, as could overseas markets like Australia who rely on a stable international system, he said. "If the US is essentially acting as a bully and a rogue and starting trade wars with China and Mexico, that's bad for everyone," Mr Noland said one week before the US takes to the polls. http://www.news.com.au/finance/econo...d2aa0c53f1254b THE SKY IS FALLING! THE SKY IS FALLING! IT HIT ME ON THE HEAD! Geez! ?( ?_?)? [8~{} Uncle Flying Monster Bet they said the same about "Brexit" And to an extent they are right. The pound has lost 225? since Brexit - now trading below the Euro |
#10
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US braced for 'cataclysmic' shocks if Trump trade policies comeinto force
On 01/11/2016 16:47, Bod wrote:
On 01/11/2016 16:46, wrote: On Mon, 31 Oct 2016 23:30:06 -0500, "ChairMan" wrote: Uncle Monster wrote: On Monday, October 31, 2016 at 10:21:20 PM UTC-5, Bod wrote: MILLIONS of jobs, billions of dollars worth of trade and the stability of the global financial system could be at risk following the "cataclysmic" impact of a Trump victory next Tuesday. That's according to economic modelling, done by the Peterson Institute for International Economics, based on Trump's claims he would "rip up" global trade agreements and impose tariffs on the US and China. The US-based think tank's executive vice President Marcus Noland said the US is on the "cusp" of a decision that could turn the clock back 80 years and drive a stake through the heart of global business meccas like Silicon Valley and New York's Wall Street. Manufacturing, engineering, aerospace, retail and hospitality industries could also be affected, as could overseas markets like Australia who rely on a stable international system, he said. "If the US is essentially acting as a bully and a rogue and starting trade wars with China and Mexico, that's bad for everyone," Mr Noland said one week before the US takes to the polls. http://www.news.com.au/finance/econo...d2aa0c53f1254b THE SKY IS FALLING! THE SKY IS FALLING! IT HIT ME ON THE HEAD! Geez! ?( ?_?)? [8~{} Uncle Flying Monster Bet they said the same about "Brexit" And to an extent they are right. The pound has lost 225? since Brexit - now trading below the Euro But exports are much higher. 'The UK's service sector helped the economy to grow faster than expected in the three months after the Brexit vote, official figures have indicated. The economy expanded by 0.5% in the July-to-September period, according to the Office for National Statistics. That was slower than the 0.7% rate in the previous quarter, but stronger than analysts' estimates of about 0.3%. "There is little evidence of a pronounced effect in the immediate aftermath of the vote," the ONS said'. http://www.bbc.co.uk/news/business-37786467 |
#11
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US braced for cataclysmic shocks if Trump trade policies come into force
Per trader_4:
Boy, those Trumpets are in for a big surprise if he wins. Don't even *think* about that.... OTOH, there's a computer science guy in India that has some sort of AI system in place what has been predicting the results of various elections (including our 2008 presidential) successfully and his system is calling for a Trump win. -- Pete Cresswell |
#12
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US braced for cataclysmic shocks if Trump trade policies come into force
On Tue, 01 Nov 2016 17:29:41 -0400, "(PeteCresswell)"
wrote: Per trader_4: Boy, those Trumpets are in for a big surprise if he wins. Don't even *think* about that.... OTOH, there's a computer science guy in India that has some sort of AI system in place what has been predicting the results of various elections (including our 2008 presidential) successfully and his system is calling for a Trump win. Not really rocket science, he has a 50% chance of being right. If he is wrong, no one will remember. I can do at least as well by flipping a coin. |
#13
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US braced for cataclysmic shocks if Trump trade policies come into force
On Tuesday, November 1, 2016 at 5:50:48 PM UTC-4, Stormin' Norman wrote:
On Tue, 01 Nov 2016 17:29:41 -0400, "(PeteCresswell)" wrote: Per trader_4: Boy, those Trumpets are in for a big surprise if he wins. Don't even *think* about that.... OTOH, there's a computer science guy in India that has some sort of AI system in place what has been predicting the results of various elections (including our 2008 presidential) successfully and his system is calling for a Trump win. Not really rocket science, he has a 50% chance of being right. If he is wrong, no one will remember. I can do at least as well by flipping a coin. And IDK how many elections back this guy goes, but you could guess randomly and statistically there is a 6% chance you'd get all four right. Factor in that some of them, eg Bush running for re-election, you'd have a candidate that is the clear favorite, so any of us could do better than a random coin toss. And like you say, if he's wrong, they just forget him and move on to the next "smart" guy that's gotten 4 or 5 in a row right. |
#14
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US braced for cataclysmic shocks if Trump trade policies come into force
On Tue, 1 Nov 2016 14:39:16 -0700 (PDT), trader_4
wrote: The thought of either of them as president makes me want to puke. Well get ready. It will definitely be one or the other. : ) |
#15
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US braced for cataclysmic shocks if Trump trade policies come into force
Per Stormin' Norman:
Not really rocket science, he has a 50% chance of being right. Yeah... that's why I was disappointed that the article I read did not say anything about how well it nailed the spread. -- Pete Cresswell |
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