The US & China Trade War is Nothing, Worry About Business and Bank Failures

TheUltraElite

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Quote from: drlukacs on December 09, 2019, 08:38:05 AM

Oh, I'm not so pessimistic like you.

The pessimism that some users have is momentarily happening. It changes soon.

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I think the US government knows what to do with the debt of China and other countries. In fact, public debt is available in all countries and it is like a long-term bond. no one will be able to get it back in a while, it takes time to expire. so China cannot scare the US this way. Besides, America is a very rich country, only internal war makes them scared. I think China should give in and give up the idea that it is the most developed country in the world after 10 years. That statement only brought trouble to them.

Very soon both countries will be having an internal truce. The mass media likes to keep the fire burning and so they will post manipulative media articles. I am very sure the multi-national companies working in both countries have made up their minds as to what to do in future and how to resolve trade conflicts. Its about partnerships which if denied leads to wars and if accepted leads to peace.

Everyone wants to be a part of development, dont they? Thats why these things happen. Fact that market moves a bit sideaways during this time is like an indirect effect.

BitHodler

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Quote from: drlukacs on December 09, 2019, 08:38:05 AM

Besides, America is a very rich country, only internal war makes them scared. I think China should give in and give up the idea that it is the most developed country in the world after 10 years. That statement only brought trouble to them.

China shouldn't give up. I welcome any country to stand up against the USA, but unfortunately, we only have China being capable of that, so let's hope they will not bow to the USA like most other countries do.

I can agree that it unnecessarily affects the average person and the wider economy, but that's something we have to accept. We have no influence over whatever countries do in order to outcompete each other.

TheGreatPython

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The way I see things are going I don't think the trade war is ending any time soon. Just today I saw a News on CNBC that China reportedly ordered their State offices to remove every foreign tech which could hit major firms in the United States, like Microsoft, and they have been given three years to carry out the order which came direct from the China's Communist Party.

Analysts have said that there's about 20 to 30 million of such equipment that are going to be replaced. They will start taking actions from 2020, and by 2022 all the foreign equipment will be replaced.

drlukacs

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Quote from: Tavarez on January 04, 2019, 04:07:38 AM

Very serious topic, trade war is nothing compared to what can happen in near future. The US debt to China is $1.138 trillion of October 2018. What if China decides to "take/collect" that money......I guess the real war is in sight. most probably nuclear. Americans will go for a war instead of giving up money.

Oh, I'm not so pessimistic like you. I think the US government knows what to do with the debt of China and other countries. In fact, public debt is available in all countries and it is like a long-term bond. no one will be able to get it back in a while, it takes time to expire. so China cannot scare the US this way. Besides, America is a very rich country, only internal war makes them scared. I think China should give in and give up the idea that it is the most developed country in the world after 10 years. That statement only brought trouble to them.

Twentyonepaylots

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Quote from: el kaka22 on December 07, 2019, 02:54:50 AM

I still think that banks and business' can't really affect bitcoin as much as trade war, in the end when regular economy collapses bitcoin goes higher and how does the regular economy collapses? By companies going bankrupt and destroying peoples wealth overnight.

The ongoing trade has not brought any effect with bitcoin yet but I think it would still matter depends on what these two largest national economies. I'm being skeptical on what this trade war could bring to to the future of bitcoin, either positive or negative. Trade war already affected the international business operations so it is not vague to also affect the crypto space.

Quote from: el kaka22 on December 07, 2019, 02:54:50 AM

Trade wars are still difficult because it could potentially help bitcoin but it could also hurt it as well, people may use bitcoin to overcome those tariffs but also nations could ban it as well to stop that and it could hurt bitcoin, however no one would think about bitcoin when a bank goes belly up, bitcoin won't be the responsible party on that. Both of these situations are bad of course in general of public, we all want people to live a great life, even if it means bitcoin going down, it could help other parts of our lives.

Increasing tariffs will surely push the masses to fulfill their needs with the help of cryptocurrency. And you're correct, these country will also put an eye on cryptocurrency being the so called protagonist during the trade war and they does not want it. Trump's policy is getting away with it.

el kaka22

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I still think that banks and business' can't really affect bitcoin as much as trade war, in the end when regular economy collapses bitcoin goes higher and how does the regular economy collapses? By companies going bankrupt and destroying peoples wealth overnight.

Trade wars are still difficult because it could potentially help bitcoin but it could also hurt it as well, people may use bitcoin to overcome those tariffs but also nations could ban it as well to stop that and it could hurt bitcoin, however no one would think about bitcoin when a bank goes belly up, bitcoin won't be the responsible party on that. Both of these situations are bad of course in general of public, we all want people to live a great life, even if it means bitcoin going down, it could help other parts of our lives.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: ecnalubma on November 30, 2019, 01:37:05 AM

Whatever kind of war they will try to create, they are only doing this to show to the world their power that they are superior. No one will win with these two countries war aside from this problems they created, a lot problems ahead are about to destroy us all like financial crises, climate change, growing global population etc.

They will reach a truce soon enough. There is no war that is going to continue like this,, only warmongering and the waremongerers. They are the ones who make it seem as if something bad might happen. Trade wars are bad for either countries, partnerships are needed to recover from them. Soon enough someone will allow them partner and both countries will decide what is better for each other and the rest of the world.

This does not necessarily affect the cryptocurrency market, because if it did then the market would be falling continuously. Instead it is rallying around 7k USD and not showing much degree of movement.

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Quote from: electronicash on December 02, 2019, 03:56:52 AM

Quote from: Mometaskers on December 02, 2019, 02:06:59 AM

Couldn't care less about their trade war but about the actual state of their economy. There are signs of another collapse for the US. China ain't really doing great as well. Historically, these are times when society becomes turbulent.

We can only hope that this don't lead into more conflicts. The Chinese for example usually focus their attention outside as distraction whenever their economy is not doing well.

the war is already depicted but not in any soil of course. analyst sees Guam and Philippines to be the war zone. obviously none of them wants their country to be the battle ground and the conflict lies on whether Philippines chose sides. They've all violated international waters in the Philippines its just a matter of which shoots the first but thanks to Duterte he manages to make peace with the Chinese since he doesn't want Philippines to be the battle ground either.

Philippines can be benefit between the two if played well economically since Philippines is not going to experience financial crash, there are more resources in the country as its an archipelago. Not going to be affected to their trade war.

Despite the beef between the Philippines and China there is a very vague possibility of conflicts between the two country, In fact there are treaties on talks now.However looking on America and China, you can clearly see how the two deals with each other. America is collapsing now, they can go to war anytime with any other country just to end their problems. Seeing signs with declining economy of america makes me think of ww3. Having these things said, I don't see any huge impact of these on bitcoin, cryptocurrency space as a whole unless they say so.

Mometaskers

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Quote from: electronicash on December 02, 2019, 03:56:52 AM

Quote from: Mometaskers on December 02, 2019, 02:06:59 AM

Couldn't care less about their trade war but about the actual state of their economy. There are signs of another collapse for the US. China ain't really doing great as well. Historically, these are times when society becomes turbulent.

We can only hope that this don't lead into more conflicts. The Chinese for example usually focus their attention outside as distraction whenever their economy is not doing well.

the war is already depicted but not in any soil of course. analyst sees Guam and Philippines to be the war zone. obviously none of them wants their country to be the battle ground and the conflict lies on whether Philippines chose sides. They've all violated international waters in the Philippines its just a matter of which shoots the first but thanks to Duterte he manages to make peace with the Chinese since he doesn't want Philippines to be the battle ground either.

Philippines can be benefit between the two if played well economically since Philippines is not going to experience financial crash, there are more resources in the country as its an archipelago. Not going to be affected to their trade war.

Nah I don't see the country getting out of it undamaged even if it don't escalate to armed conflict. The trade war is going to affect it being US its #1 export market and China #4 (with HK and Japan numbers 2 and 3 respectively). If those 2 countries economies slow down, that's a huge chunk of revenue. It'll be the same for many other countries.

electronicash

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Quote from: Mometaskers on December 02, 2019, 02:06:59 AM

Couldn't care less about their trade war but about the actual state of their economy. There are signs of another collapse for the US. China ain't really doing great as well. Historically, these are times when society becomes turbulent.

We can only hope that this don't lead into more conflicts. The Chinese for example usually focus their attention outside as distraction whenever their economy is not doing well.

the war is already depicted but not in any soil of course. analyst sees Guam and Philippines to be the war zone. obviously none of them wants their country to be the battle ground and the conflict lies on whether Philippines chose sides. They've all violated international waters in the Philippines its just a matter of which shoots the first but thanks to Duterte he manages to make peace with the Chinese since he doesn't want Philippines to be the battle ground either.

Philippines can be benefit between the two if played well economically since Philippines is not going to experience financial crash, there are more resources in the country as its an archipelago. Not going to be affected to their trade war.

Mometaskers

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Couldn't care less about their trade war but about the actual state of their economy. There are signs of another collapse for the US. China ain't really doing great as well. Historically, these are times when society becomes turbulent.

We can only hope that this don't lead into more conflicts. The Chinese for example usually focus their attention outside as distraction whenever their economy is not doing well.

Brunus

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Since civilization has existed, money - left in the hands of governments - has always been a bubble ready to explode, and in fact it has happened countless times throughout history.
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fiulpro

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Unfortunately trade war no matter what country it is doesn't benefit anyone , it is not a good idea , the trading war affects the both counties the most and I have seen countries even rejecting the Chinese products because they are too cheap and killing their local market .
And USA doesn't wanna fight someone and be in the limelight trust me , all they want is to actually stand aside and all these things are the speculations by the people , if they was any war going on it would have been a big big news.

tinyteapot

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Quote from: ecnalubma on November 30, 2019, 01:37:05 AM

Whatever kind of war they will try to create, they are only doing this to show to the world their power that they are superior. No one will win with these two countries war aside from this problems they created, a lot problems ahead are about to destroy us all like financial crises, climate change, growing global population etc.

US does not want any country to be their rival, they want to remain the only economic power of the world even at the expense of all other countries.

The old Russia republic challenged this authorities some years back and USA used strategic policies to divide their unity and USSR was rudely cut into pieces with many countries breaking away and stand alone as an entity.

I will belief that China is strong enough if they remain as one nation in the next 10 years.

cutesgirl

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Quote from: ecnalubma on November 30, 2019, 01:37:05 AM

Whatever kind of war they will try to create, they are only doing this to show to the world their power that they are superior. No one will win with these two countries war aside from this problems they created, a lot problems ahead are about to destroy us all like financial crises, climate change, growing global population etc.

Both countries China and United State have big power can make other countries allow with their asking, I hope China can have power full to promote and legal using bitcoin where other countries try to adopt and accepted bitcoin as currency payment digital and make bitcoin have higher price on the future for left with USD as payment transaction.

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what? I don't think the failed businesses and banks are unrelated to the trade war between the US and China. You know, the constant taxation will make the business of many businesses much worse and lead to bankruptcy. Besides, banks have to adjust cash flow continuously and interest rates are always falling and many people do not want to send money to banks anymore => banks can easily go bankrupt.

ecnalubma

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Whatever kind of war they will try to create, they are only doing this to show to the world their power that they are superior. No one will win with these two countries war aside from this problems they created, a lot problems ahead are about to destroy us all like financial crises, climate change, growing global population etc.

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Quote from: abhiseshakana on November 28, 2019, 11:07:03 AM

Quote from: amishmanish on November 27, 2019, 01:11:31 AM

The war between America and China is not a trade war but an ideological war. If it involves ideology, it means totality. American ideology is democracy with a purely private role. China's ideology is state capitalism with complete control. The framework for war is economic democracy against this state-driven economy, two different ideologies which became the starting point of the war. This is a new war and the weapon is not using a gun but using a tariff war and a trade war.

America has always implemented democracy as a basis for trading and used a means of suppressing high tariffs (first). America is against state capitalism so that it uses the policy of repressive power of the government's iron fist (state authoritarian) to suppress the market. Usually, the cooperation system is business to business, the private sector works

Different from China, every country that receives OBOR funding assistance from China must be stylish "everything must be regulated and managed by the government and reduce the role of the private sector Must be government-driven. So there must be a government guarantee.

We don't know who will be the winner in this war?

Long story short, both countries are fighting for power, one is the present super power and other is the emerging or next super power. They just want to compete in every possible aspect which definitely starts from fundamentals like ideology and advances to national currencies. Both are equivalent in terms of technology too. China does not even avail technical service provided by USA tech giants.

JeffBrad12

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Quote from: Tavarez on January 04, 2019, 04:07:38 AM

Very serious topic, trade war is nothing compared to what can happen in near future. The US debt to China is $1.138 trillion of October 2018. What if China decides to "take/collect" that money......I guess the real war is in sight. most probably nuclear. Americans will go for a war instead of giving up money.

Remember that these debt will be no more when there's a war. I mean, debt is debt but if a war started to clash what does this debt could act for? as you said, It will be better to go war instead of paying all the debt because it's just too immense and you need to remember how much effort the US spent to keep the countries with different ideology in check and now it's getting out of hand and I'm pretty sure in the future we will see unexpected move from each country.

abhiseshakana

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Quote from: amishmanish on November 27, 2019, 01:11:31 AM

The war between America and China is not a trade war but an ideological war. If it involves ideology, it means totality. American ideology is democracy with a purely private role. China's ideology is state capitalism with complete control. The framework for war is economic democracy against this state-driven economy, two different ideologies which became the starting point of the war. This is a new war and the weapon is not using a gun but using a tariff war and a trade war.

America has always implemented democracy as a basis for trading and used a means of suppressing high tariffs (first). America is against state capitalism so that it uses the policy of repressive power of the government's iron fist (state authoritarian) to suppress the market. Usually, the cooperation system is business to business, the private sector works

Different from China, every country that receives OBOR funding assistance from China must be stylish "everything must be regulated and managed by the government and reduce the role of the private sector Must be government-driven. So there must be a government guarantee.

We don't know who will be the winner in this war?

Topic: The US & China Trade War is Nothing, Worry About Business and Bank Failures (Read 429 times)