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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (140458)4/5/2018 10:45:00 PM
From: TobagoJack1 Recommendation

Recommended By
Cogito Ergo Sum

  Read Replies (2) | Respond to of 217915
 
(1) the interim-result being all pay more for the same in usa and china, for awhile

(2) usa deficit does not and cannot materially decrease due to math of current / trade account balancing that be functions of savings and such - unless 1929 tee-ed up, in which case all bets are off

the thing about fungible commodities is that they can be bought at some price from somewhere in the short term

the issue w/ consumer goods is that they cannot be easily re-sourced from somewhere else especially if the wanna-be / would-be producers know they would be existing under a tariff umbrella

(3) the other interim result should be that china trade surplus does not substantively decrease due to trade / current account equalisation, and / or

in the mean time whatever china companies makes they shall continue to make somewhere else per obor protocol of "going out", whether we are talking volvos or mercedes or geely's

whatever trump wh is trying to do w/ help of the ilk that be navarro etc, difficult to see bending of mathematical laws that rule economics

i do not see the current trade war as trade war (that which can be bargained)

i see it as economic war (that which must be engaged w/, win or lose)

and if so, 1929 beckons



To: KyrosL who wrote (140458)4/5/2018 11:00:42 PM
From: TobagoJack  Read Replies (2) | Respond to of 217915
 
speaking of fungible commodity that be energy, appears on the table in the follow-up to opening moves already done

and am guessing fairly quickly would escalate to china reducing export to usa w/r to rare earth, that which is not exactly rare, but very extremely disruptive, immediately, and allows no practical longterm workarounds unless usa / australia tees up nationalisation of basic material companies in the sector

i continue to watch finance.yahoo.com

bloomberg.com

After Targeting U.S. Farmers, China Signals It Can Strike Shale
More stories by Heesu LeeApril 6, 2018, 5:00 AM GMT+8

By and Stephen Stapczynski

Proposed Chinese tariff targets included some petrochemicals

Energy markets seen rattled if China restricts U.S. crude, LNG

China Signals it Can Strike U.S. Shale

China signals it can target U.S. shale industry as trade tensions escalate. Bloomberg’s Stephen Stapczynski reports.

China’s tariffs in one corner of the energy market signal U.S. shale fields may follow the nation’s farms as a target if a trade war escalates.

Beijing on Wednesday took aim at America’s rural heartland by proposing levies on politically sensitive farm commodities such as soybeans, which were among 106 U.S. products targeted. The list also included petrochemicals and liquefied propane, indicating that the world’s biggest oil buyer is willing to use energy as a weapon to retaliate against planned American duties on its high-tech goods.

While officials from both nations have since sought to calm markets by showing a willingness to negotiate, investors face the risk that neither U.S. president Donald Trump nor Chinese counterpart Xi Jinping will back down. The Asian nation is the biggest regional buyer of American oil as well as liquefied natural gas, and the critical energy commodities may be swept up in the trade war if tensions flare.

“China can ditch American energy at any time because there’s plenty of supplies elsewhere, whereas for the U.S., energy is a sensitive subject,” said Will Yun, a commodities analyst at Hyundai Futures Corp. in Seoul. “The two countries may eventually come to an agreement and China may not use energy so soon into the dispute. It will use the card wisely.”

The soybean tariffs showed China is willing to strike the U.S. where it hurts, with Wednesday’s announcement ending weeks of speculation over whether Xi’s government would target the commodity that it buys in huge volumes from America and is essential to feed its citizens’ growing appetite for pork. The market reaction was immediate: the oilseed led a tumble in agricultural prices, with corn and cotton also declining.

Energy Costs“Moving to different sources of energy supply is unlikely to have a significant impact on industry input costs as they are commodity items,” said Stuart Orr, a professor in the faculty of business and law at Australia’s Deakin University. “It will inevitably increase the cost of energy for the growing Chinese middle-class which is rapidly adopting high-energy consuming lifestyles.”

While the proposed tariff on American propane probably won’t hurt U.S. companies as much as intended, Yuanta Securities Co. predicts duties on oil will rattle investors. “If China shows its willingness to impose tariffs on crude, it will send a shock wave through markets,” said Min Byungkyu, a global strategist at the brokerage.

A surge in U.S. crude exports has helped drain inventories and prop up oil prices, which are still recovering from the biggest crash in a generation after a global glut wreaked havoc on the market. OPEC producers and allies including Russia are curbing output to shrink the oversupply, while surging output in shale fields from Texas to North Dakota threaten to undermine those cuts.

Export SurgeU.S. oil net exports to China averaged about 435,000 barrels a day in 2017, more than double a year earlier, when they averaged about 180,000 barrels a day, according to a Citigroup Inc. report dated April 3. The notional dollar value rose even faster -- at a rate of 200 percent -- to about $8.24 billion last year, the bank said.

China bought about 750 million cubic feet a day worth of American LNG in the fourth quarter, the most of any country, according to U.S. government data.

The Asian nation’s imports and U.S. exports of crude and natural gas liquids “should both grow materially over the next five years, implying that the Trump administration should push back forcefully on any Chinese move to impose tariffs on energy trade if they want to reduce the trade deficit,” analysts including Christopher Main and Ed Morse wrote in the report.

— With assistance by Dan Murtaugh, Sharon Cho, and Aaron Clark



To: KyrosL who wrote (140458)4/6/2018 2:30:07 AM
From: Elroy Jetson  Respond to of 217915
 
The Fake News

Before she became a national correspondent for the far-right Sinclair Broadcast Group, Kristine Frazao worked for the Kremlin-backed network RT (formerly Russia Today), where she interviewed conspiracy theorist Alex Jones on more than 20 occasions. During those friendly interviews, Frazao allowed Jones to push conspiracy theories about the 9/11 attacks, 2011 Norway shooting, and 2005 London bombings, among other events.

In an email to Media Matters, Frazao stated that being at RT had given her a “refreshing” opportunity to report “on less covered subjects” but said she's now “very glad” to no longer work there. She also said she had no role in booking Jones as a guest.

Sinclair Broadcast Group has drawn heavy criticism recently for mandating that its local news anchors participate in identical segments echoing President Donald Trump’s anti-press attacks. The company has a history of pushing conservative content on its local stations and currently requires them to air "must-run" segments featuring former Trump aide Boris Epshteyn.



Frazao’s role within Sinclair and prior employment with RT have also come under scrutiny in recent days after she produced a March 21 segment in which “former Trump adviser Sebastian Gorka parroted a Trump talking point regarding the existence of a ‘Deep State’ attempting to undermine the U.S. government,” as SeattlePI.com wrote. That segment aired on at least 22 stations in 15 states, according to a Media Matters review.

Before joining Sinclair, Frazao worked as an anchor and correspondent for RT from December 2009 to January 2013. U.S. intelligence agencies and media observers have criticized the Kremlin-backed RT for airing propaganda and conspiracy theories over the years. RT was one of the early enablers of Alex Jones and his conspiratorial rhetoric ( Donald Trump and his allies have now embraced the once-fringe host).

Frazao told Media Matters that when she joined RT, she "found the opportunity to report on less covered subjects to be refreshing and, ultimately, an important catalyst for my growth as a journalist. I become more familiar with different, less US-centered viewpoints." She added that her view on the network has changed, writing: "Time has shown with Russia's invasion of Crimea and the 2016 election that RT has gone in a different and troubling direction- one that does not align with most noble pursuits of our profession. I am very glad that I no longer work there."

Regarding her on-air segments with Jones, Frazao said she "did not have a role in booking Alex Jones or any other guest. We were told which guests were appearing on the shows and what the topics would be."

"I can tell you that RT had a keen interest on growing their internet audience and our producers and guest bookers knew that Alex Jones has a large online following," Frazao said. "Our producers seemed to think that because of that, his perspective was relevant."

As a contrast to her Jones interviews, Frazao pointed to work she did on RT involving civil rights for American Muslims, contaminated water because of fracking, and the suicide rate among Native Americans.

RT described Jones as one of its “frequent contributors” and regularly hosted him during the Obama administration. Though Jones no longer appears on the network as frequently, he estimated last year that he has appeared on it "200 times." Jones has claimed that he was told years ago that Russian President Vladimir Putin is “a big listener" and was previously informed that the “Russian government listens to" his show and that the Kremlin partially “modeled” RT off of his Infowars network.

As Media Matters has documented, the right-wing host has used his own program to push toxic and false claims about the 9/11 attacks and the tragedies at Columbine, Oklahoma City, Sandy Hook, Parkland, and the Boston Marathon, among others. He has also spread conspiracy theories about Pizzagate (and was later forced to issue an apology for pushing smears).

At the time of the Frazao interviews, Jones’ website referred to him as “one of the very first founding fathers of the 9-11 Truth Movement” and he had been gaining notice in the media for pushing fringe conspiracy theories.

Media Matters reviewed 22 interviews* that Frazao conducted with Jones from 2010-2012. Jones told Frazao and RT viewers that there’s a “criminal, illegitimate, foreign banking cartel that runs America and stages the terror attacks”; the United States government faked Osama bin Laden’s death; the government set up the “underwear bomber”; and 9/11, the 2011 Norway shooting, and the 2005 London bombings were “ false flag” attacks.

During one interview, Frazao told Jones, “It’s a good thing, though, that you’re getting a lot of press out there. As they say, no press is bad press, and certainly your message is getting out there.” In a segment about the U.S. State Department fighting propaganda, Frazao said: “Who better to talk to about this than radio host Alex Jones.”

While talking about news that year about actor Charlie Sheen, Frazao said to Jones: “First of all, do you think that he said what he said on your show because you're not like the rest, because you give a platform for people to not have to be P.C.? And second, I’m wondering what you think about the fact that you’re being so sought out after now because of it?”

Commenting on the nature of the Jones interviews, Frazao told Media Matters she tries “to be courteous and respectful to everyone that I interview– no matter their personal opinions or mine.”

In a May 2011 interview with Frazao, Jones said that the U.S. government helped Umar Farouk Abdulmutallab, the so-called underwear bomber, get on a plane to attempt to bomb it. He then said that Osama bin Laden wasn’t actually killed in 2011 but died years before and then was frozen so he could be rolled out at a convenient time.

He later stated that there’s a “criminal, illegitimate, foreign banking cartel that runs America and stages the terror attacks or finds mindless patsies run by their MI6, Mossad, CIA handlers like Anwar al-Awlaki, the CIA lackey, and Adam the American Gadahn.” Frazao ended the segment by stating: “All right, certainly an interesting and unique perspective as always.”

In a July 2011 video, Jones said the Norway shooting that month was a “very sophisticated form of false flag attack where whether [the shooter is] a mind-control patsy or whether he believes he's acting as part of this, this Illuminati Knights Templar knighthood, it is invoking a clash of civilizations.” The segment ran with the on-screen text: “Decoding the symbols: Did Masonic psychology inspire Oslo attacks?”

During a November 2011 segment, Jones suggested that the United States government wants to impose martial law on the country.

The following month, Jones said that his sources say Osama bin Laden actually “died many years ago of kidney failure.” He then said that the government is “monitoring people that are aware that government and corporations use drills to cover-up real false flag terror attacks or frame-ups that they're going to run and time and time again since we've discovered that 9/11 had drills of the same targets being hit, 7/7 in London had drills of the same targets being hit. They do this drill business over and over and over again to cover real operations. Same thing with a Norway shooter.”

The Jones segments are posted on YouTube with such dizzying headlines as: “ NWO: 'Bilderberg controls the world' — Alex Jones”; “ Alex Jones: Senate wants martial law in America”; “ Alex Jones doesn't buy Bin Laden's death”; “ Alex Jones: The globalists have kept us from having kids”; and “ Alex Jones: 'Anders Behring Breivik was Masons' Patsy.'”

*Videos from: 3/25/10, 4/15/10, 6/1/10, 10/4/10, 1/6/11; 1/30/11, 3/3/11; 3/17/11, 3/29/11, 5/2/11, 5/26/11, 6/10/11, 7/25/11, 8/18/11, 9/1/11, 9/20/11, 11/16/11, 11/29/11, 12/28/11, 1/19/12, 4/9/12, 4/30/12.

Media Matters research fellow Pam Vogel contributed research to this post.



To: KyrosL who wrote (140458)4/6/2018 3:21:26 AM
From: TobagoJack  Respond to of 217915
 
bloomberg noted the point you made re trump math

let us see how creative the response shall be, and in any case let us see the response, for any response would doubtlessly be a surprise

bloomberg.com

China’s Running Out of U.S. Imports to Target - Bloomberg
April 6, 2018, 2:38 PM GMT+8



China acted swiftly on Wednesday to announce reciprocal tariffs on $50 billion worth of American imports, unveiling a match for the Trump administration’s move against Chinese imports less than 12 hours before. Now that U.S. President Donald Trump has ordered a review of measures on $100 billion of additional Chinese goods, China will have to get creative to keep up the like-for-like rhetoric. There aren’t enough American goods imports to target; of course, China could still take other measures -- like curbing package tours or student transfers to the U.S., or steps against American companies’ operations in China.