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


To: TobagoJack who wrote (148432)5/11/2019 10:21:41 AM
From: Elroy Jetson1 Recommendation

Recommended By
elmatador

  Read Replies (1) | Respond to of 217593
 
There's a very good chance trade between America and China will stop completely, reducing US GDP by up to 0.6%.

The effect on the NASDAQ? A very short-lived minimal impact. China is used as one of many assembly locations. Tech firms can have their stuff assembled almost anyplace. US chips will be sold to Viet Nam or Malaysia instead of China to make tech goods. China has badly overplayed their hand with their Deep Theft Program.

Because China has so restricted imports from the US, the impact of losing this is an absolute nothing. Most US exports sold to China will continue to be sold to someone else who was buying from people who would instead be selling to China.

The US would like to greatly expand trade with China, but this is not possible under current Chinese law. And if China does not change their laws, that greatly expanded trade won't happen.

Did you know at one time the US traded more with Iran than the US now trades with China ?
.

Ask yourself what happens to Chinese tech companies which can't purchase chips and tech from America? What happened to ZTE will happen to Huawei and all Chinese tech makers - they'll fold within weeks. The thieving Chinese Deep State won't be able to do anything about it.

The impact on Chinese markets? The Chinese government has already been buying up shares to prevent a financial meltdown. I don't know why they bother. A 95% decline in China shares would merely indicate the casino is still open.

The Deep Cadres in China have badly miscalculated. Economically, China is a nothing to the United States.