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Obama's trade war

sarktastic
sarktastic Member Posts: 9,208
in Tug Tavern
http://www.bloomberg.com/news/articles/2016-04-26/u-s-steel-accuses-china-of-trade-secret-theft-in-cyber-attack
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  • HFNY
    HFNY Member Posts: 5,402
    There's a massive amount of excess capacity in the global steel industry and China easily is the leader due to their massive stimulus in 2009 and again in Q1 of this year.

    W. Bush also imposed tariffs on Chinese Steel about 10 years ago.
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  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,165
    As always, fuck the Chinese.
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  • sarktastic
    sarktastic Member Posts: 9,208
    HFNY said:

    There's a massive amount of excess capacity in the global steel EVERY industry and China easily is the leader due to their massive stimulus in 2009 and again in Q1 of this year.

    W. Bush also imposed tariffs on Chinese Steel about 10 years ago.

    funny... alluvasudden... Obama chooses Steel as the trigger for an all out trade war. How about you keep Chinese laundered money out of US real estate, you fuck!
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  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    sarktastic said:

    HFNY said:

    There's a massive amount of excess capacity in the global steel EVERY industry and China easily is the leader due to their massive stimulus in 2009 and again in Q1 of this year.

    W. Bush also imposed tariffs on Chinese Steel about 10 years ago.

    funny... alluvasudden... Obama chooses Steel as the trigger for an all out trade war. How about you keep Chinese laundered money out of US real estate, you fuck!
    And cross Warren Buffett????


    I know dink so charlie.
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  • doogsinparadise
    doogsinparadise Member Posts: 9,320
    RaceBannon said:

    The latest real estate bubble which is a continuation of the last one is all that is keeping this thing afloat. And foreign money is a big part of it

    Yes.
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  • TierbsHsotBoobs
    TierbsHsotBoobs Member Posts: 39,680
    sarktastic said:

    HFNY said:

    There's a massive amount of excess capacity in the global steel EVERY industry and China easily is the leader due to their massive stimulus in 2009 and again in Q1 of this year.

    W. Bush also imposed tariffs on Chinese Steel about 10 years ago.

    funny... alluvasudden... Obama chooses Steel as the trigger for an all out trade war. How about you keep Japanese laundered money out of US real estate, you fuck!
    Welcome to 1990.
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  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,165
    sarktastic said:

    HFNY said:

    There's a massive amount of excess capacity in the global steel EVERY industry and China easily is the leader due to their massive stimulus in 2009 and again in Q1 of this year.

    W. Bush also imposed tariffs on Chinese Steel about 10 years ago.

    funny... alluvasudden... Obama chooses Steel as the trigger for an all out trade war. How about you keep Chinese laundered money out of US real estate, you fuck!
    I agree that the absentee Chinese residents with five vacant U.S. condos apiece are fucking us, but how in the world do you enforce it? It's really up to each individual city to levy huge taxes on properties that aren't occupied for a certain number of days per year.
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  • 2001400ex
    2001400ex Member Posts: 29,457
    sarktastic said:

    HFNY said:

    There's a massive amount of excess capacity in the global steel EVERY industry and China easily is the leader due to their massive stimulus in 2009 and again in Q1 of this year.

    W. Bush also imposed tariffs on Chinese Steel about 10 years ago.

    funny... alluvasudden... Obama chooses Steel as the trigger for an all out trade war. How about you keep Chinese laundered money out of US real estate, you fuck!
    I bow to free markets. Unless it's Chinese investing in America.
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  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    RaceBannon said:

    The latest real estate bubble which is a continuation of the last one is all that is keeping this thing afloat. And foreign money is a big part of it

    Agree. And many of those Chinese investors have real deep pockets.

    This may be the tinfoil post of the Day but who's to say they wouldn't do some tanking to help push momentum towards the next down turn.
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  • BennyBeaver
    BennyBeaver Member Posts: 13,346
    I came here to read and laugh at all you fucksticks and your amateur economic conspiracy theories. I left satisfied.
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  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    2001400ex said:

    sarktastic said:

    HFNY said:

    There's a massive amount of excess capacity in the global steel EVERY industry and China easily is the leader due to their massive stimulus in 2009 and again in Q1 of this year.

    W. Bush also imposed tariffs on Chinese Steel about 10 years ago.

    funny... alluvasudden... Obama chooses Steel as the trigger for an all out trade war. How about you keep Chinese laundered money out of US real estate, you fuck!
    I bow to free markets. Unless it's Chinese investing in America.
    NMTE


    Fuck off!
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