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I hate to say it but Trumps big mouth is his biggest enemy come Election Day. View Quote View All Quotes View All Quotes |
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They've been selling them off since ~2015 to defend their dogshit currency. The string of dominoes has, IMHO, already begun. It will end with the collapse of the Yuan and China's economic house of cards will come crumbling down. View Quote View All Quotes View All Quotes Quoted:
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Not really. They're around 5% of total US debt, down from 13%. The string of dominoes has, IMHO, already begun. It will end with the collapse of the Yuan and China's economic house of cards will come crumbling down. China has some issues eerily similar to what other Asian countries had just prior to the 1997 Asian financial crisis... While the trigger was a debt default as financial conditions shifted, the underlying factors had long been in place these were export-driven economies that had close government co-operation with preferred manufacturers, subsidies, favorable financial deals, massive debt-financed growth and a currency pegged to the U.S dollar. Sound familiar?
Almost all financial crises have the same underlying problem -- too much debt. China has a massive debt load. The domestic credit to the private sector banks is 161% of GDP. The 1997 crisis started in Thailand when its level was 166% of GDP. China's total debt, which includes corporate, household, and government debt, has doubled since 2008 and is now 303% of GDP or over $40 trillion. Another worrisome change in the Chinese financial system is its current account balance. The balance has dropped dramatically over the past 10 years and is on the verge of going negative. If it becomes a deficit, China would have to borrow foreign funds for future growth. As recently as 2007, it had a current account surplus of $420 billion, an amount equal to 10% of GDP. The South China Morning Post reported in November 2018 that Chinese property developers face "surging refinancing demands," as $51 billion matures in 2019. China now has $3 trillion in U.S. denominated debt. The market has started buying credit default insurance against Chinese debt, as default risk spiked this past week to its highest level in six years. The People's Bank of China seized the failed Baoshang Bank early this year. This was the first bank seizure in 20 years. In July, the Bank of Jinzhou had to be bailed out by three state-owned entities. And if bank failures were not causing enough pressure, in June a federal court in Washington, D.C., held Shanghai Pudong Development Bank and two other Chinese banks in contempt. The banks refuse to comply with a U.S. subpoena for bank records of a Hong Kong company linked to North Korea sanctions violations. The contempt order enables the U.S. Treasury secretary to terminate the banks' U.S. correspondent accounts, which effectively shuts them down on the world economy. All of this is happening as China's economy slows to the lowest growth rate in almost 30 years and the U.S. is imposing tariffs on its exports. There is unrest in Hong Kong as protesters are marching in the streets and the wealthy are quietly moving assets and fleeing to the West. China is clearly waiting President Trump out in the hope that he loses the 2020 election. But the Chinese economy may be in a much more vulnerable position than markets realize, and that could massively destabilize the world economy. |
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You can't believe ANYTHING those commie fucks say about anything. As we found out yesterday as they are saying "we want a calm resolution to the trade war", they get caught trying to deliver over 50,000 lbs. of fentanyl into the USA. ![]() Kind of reminds me of Japan just before Pearl Harbor. View Quote |
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Quoted: they found 25 fucking TONS, of it going into Mexico in the last few days. https://www.breitbart.com/border/2019/08/25/25-tons-of-fentanyl-from-china-seized-in-mexico/ I don't know what planet your from but that sounds like a bit of a problem to me. View Quote ETA: According to my calculations, assuming each and every American (I estimate 340 million of them) took a fatal dose (3 mg), it's enough for 22 + fatal doses each. ![]() |
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I don't know what it is about Trump becoming President but for some reason right afterwards "bend the knee" became a very common phrase here.
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Quoted: Like a lot of things, this is/was probably necessary for us to recognize we have a problem that needs fixing. IMO I believe America is capable of solving nearly any problem but there is a track record of letting things get fully involved before looking for water hose. View Quote |
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I call this administration by crisis. Its startling how common this is within the government. View Quote View All Quotes View All Quotes Quoted:
Quoted: Like a lot of things, this is/was probably necessary for us to recognize we have a problem that needs fixing. IMO I believe America is capable of solving nearly any problem but there is a track record of letting things get fully involved before looking for water hose. ![]() |
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According to this guy we've already lost. We're all doomed.
![]() ETA: First few paragraphs of the article; As the United States and China escalate the past year’s trade dispute into full-scale economic war, the decisive fact in the conflict has gone entirely unmentioned: China has already won the critical engagement in the conflict.
It did so when Washington cajoled and threatened its allies to boycott Huawei’s rollout of 5G broadband, and suffered the most humiliating rebuff in this writer’s memory. China has triggered a global network effect that begins with the domination of ultra-fast wireless broadband and extends to e-commerce, finance, logistics and transportation – the means to commercialize the labor of billions of people in the Global South. China’s lead in 5G also gives it a head start in a vast array of industrial and consumer applications. View Quote |
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if you really think china is going to blink before the US does you're fucking sniffing glue. if for no other reason than because US politicians have to face reelection in a much more direct sense than chinese politicians ever will, it's a presidential election year as well and there are growing signs that a recession is coming.
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Quoted: You mean the mouth that got him elected? Would you prefer another spineless leftist masquerading as a republican, like pretty much every other republican candidate in history? View Quote |
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You can't believe ANYTHING those commie fucks say about anything. As we found out yesterday as they are saying "we want a calm resolution to the trade war", they get caught trying to deliver over 50,000 lbs. of fentanyl into the USA. ![]() Kind of reminds me of Japan just before Pearl Harbor. View Quote |
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I don't believe China is trying to negotiate. Every time the stock plummets trump has to make a comment to the American people to pump the stock's back up again. He said the same thing 4 and 6 months ago. Pretty soon everyone will catch on and the stock's won't go back up. View Quote |
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Beijing is denying any call took place so there's a decent chance Trump simply made something up on the spot... https://www.cbsnews.com/news/trump-china-trade-chinese-called-us-twice-xi-jinping-seeks-make-a-deal-today-2019-08-26/ View Quote |
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you do realize that trump has spent the overwhelming majority of his life as a new york democrat right? View Quote View All Quotes View All Quotes Quoted:
Quoted: You mean the mouth that got him elected? Would you prefer another spineless leftist masquerading as a republican, like pretty much every other republican candidate in history? |
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I dont think Trump really cares for Republicans or Dems. He ran in the position to get himself elected (see gun control) and really doesnt have a firm foundation on either beliefs. He also was a NY businessman and used the Dem angle for business advantage in NY. If NY was a conservative state you think he would vote D? View Quote View All Quotes View All Quotes Quoted:
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Quoted: You mean the mouth that got him elected? Would you prefer another spineless leftist masquerading as a republican, like pretty much every other republican candidate in history? |
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thats kind of my whole point. pointing to trump as an example as purist of GOP/conservative values is laughable at best. he has always been an opportunist, if he thought it would get him what he wants he would still be a dem and if it suits him in the future I'd bet money that he'd be happily stab the GOP/conservatives in the back. that being said I somehow doubt the left would be very receptive to him trying to rejoin the fold. View Quote View All Quotes View All Quotes Quoted:
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Quoted: You mean the mouth that got him elected? Would you prefer another spineless leftist masquerading as a republican, like pretty much every other republican candidate in history? |
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I don't know what it is about Trump becoming President but for some reason right afterwards "bend the knee" became a very common phrase here. View Quote There was no one she wanted to bend the knee more than her lover, Jon Snow. |
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We would be fools to ever trust commies. if they agree to anything you know some how some way they will be cheating or stealing.
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Lol. Did you type all that on your Chinese made keyboard ? View Quote View All Quotes View All Quotes Quoted:
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Fine, back to normal. Sure. Fuck that! Trump should impose a PERMANENT tariff on ALL Chinese goods tied to their currency manipulation of the Yuan. They artificially lower it 3%, we impose a matching tariff of 3% on EVERYTHING THEY EXPORT TO THE US. Fuck this softball bullshit with commies. They're our enemies and we should not be doing business with China AT ALL. ![]() You think China is the sole source of all electronics from now on? ![]() |
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Quoted: The phrase was taken and blown all out of proportion from Game of Thrones Season 7, which came out in 2017, shortly after Presdent Trump was inaugurated. The long and short of it was that Danerys insisted everyone bend the knee to her, this submitting and acknowledging her as supreme ruler. There was no one she wanted to bend the knee more than her lover, Jon Snow. View Quote ![]() |
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What is the LD50 for fentanyl? 25 TONS might be enough to kill every man, woman and child in the United States multiple times over. ETA: According to my calculations, assuming each and every American (I estimate 340 million of them) took a fatal dose (3 mg), it's enough for 22 + fatal doses each. ![]() View Quote ![]() Just got done doing the math myself. 3000mcg is being very conservative. 1000-1500 would honestly kill most people. |
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you do realize that trump has spent the overwhelming majority of his life as a new york democrat right? View Quote View All Quotes View All Quotes Quoted:
Quoted: You mean the mouth that got him elected? Would you prefer another spineless leftist masquerading as a republican, like pretty much every other republican candidate in history? |
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Quoted: they found 25 fucking TONS, of it going into Mexico in the last few days. https://www.breitbart.com/border/2019/08/25/25-tons-of-fentanyl-from-china-seized-in-mexico/ I don't know what planet your from but that sounds like a bit of a problem to me. View Quote |
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If we kick out Chinese professors and graduate students, there will be no one left to teach hard science classes or do academic research. ![]() View Quote View All Quotes View All Quotes Quoted:
Quoted: FIFY ![]() The only reason all our STEM programs are stuffed with Chinese students is because China had made an effort to cram every STEM program with mainland Chinese world wide in every university that will take them. American universities, being the greedy cocksuckers that they are, opened their doors wide open to Chinese students. And the public universities are the worst because they all have a mandate to educate local residents, but that higher foreign tuition rate is just too good to pass up. My nephew is a computer engineering major at UCSC and he says he often can't get his classes because the mainland Chinese get all the spots. And he's a junior. They pay far more than he pays and they are supposed to have lower priority than California residents. But the reality is just the opposite. My niece said the same about our local community college. |
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https://www.AR15.Com/media/mediaFiles/194336/F8263B5A-DFE1-48AC-9206-1825897513F7_png-1068185.JPG Just got done doing the math myself. 3000mcg is being very conservative. 1000-1500 would honestly kill most people. View Quote View All Quotes View All Quotes Quoted:
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What is the LD50 for fentanyl? 25 TONS might be enough to kill every man, woman and child in the United States multiple times over. ETA: According to my calculations, assuming each and every American (I estimate 340 million of them) took a fatal dose (3 mg), it's enough for 22 + fatal doses each. ![]() Just got done doing the math myself. 3000mcg is being very conservative. 1000-1500 would honestly kill most people. |
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This is chemical warfare level shit. Not like they picked up a couple of keys from some fuckhead driving over the border. Wtf are they doing with that much fentanyl.
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I don't know what it is about Trump becoming President but for some reason right afterwards "bend the knee" became a very common phrase here. View Quote |
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Plotting to kill a bunch of Americans. People are worried about a Fentanyl dirty bomb. View Quote View All Quotes View All Quotes |
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Quoted: Yet his policies and action have led to more CONSERVATIVE victories sine any President since Reagan, or even before. Planned Parenthood withdrawing from Title X, reformation of the Federal Judiciary. Border Wall is getting built (Despite Republican Opposition), and many other policy changes. View Quote ![]() |
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What is the LD50 for fentanyl? 25 TONS might be enough to kill every man, woman and child in the United States multiple times over. ETA: According to my calculations, assuming each and every American (I estimate 340 million of them) took a fatal dose (3 mg), it's enough for 22 + fatal doses each. ![]() View Quote View All Quotes View All Quotes Quoted:
Quoted: they found 25 fucking TONS, of it going into Mexico in the last few days. https://www.breitbart.com/border/2019/08/25/25-tons-of-fentanyl-from-china-seized-in-mexico/ I don't know what planet your from but that sounds like a bit of a problem to me. ETA: According to my calculations, assuming each and every American (I estimate 340 million of them) took a fatal dose (3 mg), it's enough for 22 + fatal doses each. ![]() ![]() And you want to know the funny part? The only reason Fentanyl is even a thing, is because of the failed policies you drug warriors fully support. So once again, you guys are wetting your pants over something that isn't really a problem in the first place (except for people who CHOOSE to use it) and crying about the consequences of your own failed policies. There were around 40k overdose deaths from opioids last year out of 330 million people. So yes, you are just as irrational and emotional as Mom's Demand Action and the pearl clutcher's touting their bullshit "gun epidemic". Like I said, it's not a real problem. Question, how much heroin would be cut with Fentanyl if you could walk into Walgreens and buy it off the shelf? |
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Quoted: China intends to dominate the planet, not just Asia. 2030 was the goal, and they enjoyed considerable acceleration while The Kenyan was in the Whitehouse. Now they wait. Maybe suffer a set back, but always playing a very long game. View Quote |
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https://www.AR15.Com/media/mediaFiles/194336/F8263B5A-DFE1-48AC-9206-1825897513F7_png-1068185.JPG Just got done doing the math myself. 3000mcg is being very conservative. 1000-1500 would honestly kill most people. View Quote View All Quotes View All Quotes Quoted:
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What is the LD50 for fentanyl? 25 TONS might be enough to kill every man, woman and child in the United States multiple times over. ETA: According to my calculations, assuming each and every American (I estimate 340 million of them) took a fatal dose (3 mg), it's enough for 22 + fatal doses each. ![]() Just got done doing the math myself. 3000mcg is being very conservative. 1000-1500 would honestly kill most people. Like I said, I think the cartels are getting a sweet price to buy this much extra, because the Chicoms know it destabilizes societies. Despite the protests of dopers, this stuff is not "just like" alcohol or their beloved pot/mushrooms. It is a bioweapon that short circuits a person's faculties and makes them harm their society; we have all the historical evidence we could possibly need to support this view. Personally, I think enforcement on the domestic front is retarded and as corrosive as the junk, and what we should really be doing is conducting strikes on factories that make the stuff. I'm sure we know exactly where they are, and could kill the people responsible if we wanted to. When it becomes truly dangerous to play this game, it will decrease massively in scale. Right now it's basically unfettered. |
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And a case of ammo is enough bullets to kill 1000 people!!! ![]() And you want to know the funny part? The only reason Fentanyl is even a thing, is because of the failed policies you drug warriors fully support. So once again, you guys are wetting your pants over something that isn't really a problem in the first place (except for people who CHOOSE to use it) and crying about the consequences of your own failed policies. There were around 40k overdose deaths from opioids last year out of 330 million people. So yes, you are just as irrational and emotional as Mom's Demand Action and the pearl clutcher's touting their bullshit "gun epidemic". Like I said, it's not a real problem. Question, how much heroin would be cut with Fentanyl if you could walk into Walgreens and buy it off the shelf? View Quote I agree with your logic but this shit is weapons grade. Hell, we had someone almost die by because a trace amount was on a flyer. |
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Yes, meme-talkers are mindless drones; who knew? View Quote View All Quotes View All Quotes |
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Beijing is denying any call took place so there's a decent chance Trump simply made something up on the spot... https://www.cbsnews.com/news/trump-china-trade-chinese-called-us-twice-xi-jinping-seeks-make-a-deal-today-2019-08-26/ View Quote Trump ain’t lying, he’s rubbing their nose in it, reminding them the China is a third world country whose economy is utterly dependent on the US’s, the world’s only superpower, whims. |
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Quoted: So, weeks worth of supply, if EVERYONE was a hardened addict, and likely many months or years otherwise. In one shipment among many others. Like I said, I think the cartels are getting a sweet price to buy this much extra, because the Chicoms know it destabilizes societies. Despite the protests of dopers, this stuff is not "just like" alcohol or their beloved pot/mushrooms. It is a bioweapon that short circuits a person's faculties and makes them harm their society; we have all the historical evidence we could possibly need to support this view. Personally, I think enforcement on the domestic front is retarded and as corrosive as the junk, and what we should really be doing is conducting strikes on factories that make the stuff. I'm sure we know exactly where they are, and could kill the people responsible if we wanted to. When it becomes truly dangerous to play this game, it will decrease massively in scale. Right now it's basically unfettered. View Quote |
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you do realize that trump has spent the overwhelming majority of his life as a new york democrat right? View Quote View All Quotes View All Quotes Quoted:
Quoted: You mean the mouth that got him elected? Would you prefer another spineless leftist masquerading as a republican, like pretty much every other republican candidate in history? Both smart enough to abandon the Democrats and go farther right than the Republicans of their times. |
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Quoted: thats kind of my whole point. pointing to trump as an example of a purist of GOP/conservative values is laughable at best. he has always been an opportunist, if he thought it would get him what he wants he would still be a dem and if it suits him in the future I'd bet money that he'd be happily stab the GOP/conservatives in the back. that being said I somehow doubt the left would be very receptive to him trying to rejoin the fold. View Quote He’s acknowledged that spending and debt are problems, but even the f’in Rs won’t fall in line, and his first priority was rebuilding the military, which needed it, still needs it. He had to deal with Ds and RINOs to get the funds to make it happen. |
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To admit making even one call, email, overture of any kind is to lose face. Trump ain’t lying, he’s rubbing their nose in it, reminding them the China is a third world country whose economy is utterly dependent on the US’s, the world’s only superpower, whims. View Quote View All Quotes View All Quotes Quoted:
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Beijing is denying any call took place so there's a decent chance Trump simply made something up on the spot... https://www.cbsnews.com/news/trump-china-trade-chinese-called-us-twice-xi-jinping-seeks-make-a-deal-today-2019-08-26/ Trump ain’t lying, he’s rubbing their nose in it, reminding them the China is a third world country whose economy is utterly dependent on the US’s, the world’s only superpower, whims. Sure. |
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