Stock Market Talk and Trading - part 2

I have seen so many crooks advertising their amazing investment tips...

Then it turns out that the results are "with the benefit of hindsight".

Perhaps it is too simple an example.

Lets imagine this:

1) I am Boeing

2) I buy jet engines from Rolls Royce for $20 million dollars.

3) A trade deficit is formed with Rolls Royce - for exactly $20 million dollars

4) Rolls Royce stubbornly refuses to buy airplanes for me, but instead insists I simply continue buying engines

Am I a loser?

Does it matter that I later sold a plane for $80 million dollars to China Airlines - netting a 25% margin in the process?

How about this:

1) You go to the barber, and he cuts your hair. Charges $30.

2) You now have a trade deficit of $30 with the barber.

3) You go home, and with the hour saved from not cutting your own hair - earn 100X what you paid to the barber.

Should you then go back to the barber, and demand that he purchase a $30 foot massage from you - to balance accounts?

That was a nice attempt on your part, Bobko.

The reality is that persistent deficits are not sustainable - regardless if they are personal, family, company, state, or the country.

Even Sun - Earth deal is not sustainable. Sun gives, Earth takes and one day this parasitic relationship will come to a dramatic end with one huge explosion or slowly - like with a candle that burned itself out - darkness will descend upon us...

I am channeling Ptak. No, I don't want to discuss Cosmos or candles.

Yes, quick analogies usually entail a certain measure of oversimplification.

Your analogies are even better to use as arguments against tariffs: if you're Boeing and you impose a tariff on the stubborn Rolls Royce, then whoever does eventually buy the planes from you will have to pay those tariffs (so you will have fewer clients or they will buy fewer planes). In the same way it will be American customers paying for the tariffs imposed on China, when they buy e.g. a new iPhone for $4000, not the Chinese government (as some Trump voters seem to think). The barber example also works perfectly against tariffs unless we think the client should impose retaliatory 50% tariff on the barber and pay $45 next time.

And doing an excellent job:::)))

Do we get a discount if chicken sh*it is not necessary?

Nobody will be paying tariffs.

Just as nobody would be shot at the border where shooting migrants is legal because nobody will try to cross that border.

Tariffs are like a barb wire at the border. Only a moron would object to it because it has spikes and some people may get hurt.

Don't want to get hurt? Stay the fvck away on the other side.

Don't want to pay tariffs? Don't order foreign stuff. Want that French perfume? Pay the tariff. Simple.

That would be true for a self-sufficient economy and American economy is not self-sufficient. You impose tariffs to protect your industry when you make everything yourself and want your people to buy everything at home, kinda like North Korea.

If you move most of your production to China, import tons of stuff from China, and then you impose huge tariffs on China, it will only drive prices up for your citizens.

But hey, there are three kinds of people I guess: those who learn by reading, those who learn by observation and drawing coclusions, and those who have to p*ss on the electric fence themselves to see what happens.

It was made that way by the DC wh*ores and their pimps aka campaign contributors.

Then came Trump and the only tool he has: tariffs.

Tariffs are good or no country would impose them.

We were and will be again; that is what Trump is trying to fix: decades of irresponsible leaders selling American workers down the drain for huge profits.benefiting
Fat Cats, internationalists /globalists, let's hope the nightmare is over.

No, as usual, you are wrong. If it is too expensive, we will do it without, buy somewhere else, and ideally, produce our own.

Excellent analogy. The Logical question is, 'Are you deriving much pleasure from p*ssing on the electric fence?

Well done Mr Trump, backing down again with an about face on lots of electronic stuff from China. Is this the third or fourth climbdown since retard day just 10 days ago. I suppose this was part of the plan all along. Only fully fledged members of the cult believe anything he says.

My tip for the day is avoid capricious leaders and buy Christmas decorations made by children somewhere other than China. Trump probably will back down again so China may be a goer. I wonder if China will ever buy American again.

OK, azzhole, I got it...

Trump moves ahead with tariffs - bad. Trump reduces tariffs - bad.

Trump does nothing and lets the US get even deeper into the fiscal disaster hole - Euros cheer.

Please die. The US will be better off...Now, you are just an expensive liability - militarily and economically. You don't even speak American.

Luckily, Russia pays attention only to us and ignores you, morons...or the world would be in flames again. Twice was not enough...

Who the hell cares? Actually, they buy little from America, and the less they buy, the better. Ideally, they would stop buying altogether; no more ripoffs

America is China's colony.

They buy our soybeans. We buy their electronics.

It's humiliating.

The electronics that we invented.

Who is the third world here?

That's because the Chinese adopted old American virtues of thrift, diligence and self-discipline that most Americans themselves have forgotten. Go back to your old values and you will be fine.

Please explain how a 40-buck-an-hour American can compete with a Chinese guy who makes 4 bucks an hour.

Skip the thrift bullshlt.

He can take 4 bucks and stick to a bowl of rice a day. Obesity problem solved.

40 bucks an hour for a factory worker? Now I begin to understand why your economy is unsustainable.

Again: thrift, diligence, self-discipline, huge reduction of consumption and contentment with little things. :) When you live way above your means for decades then you have to face the consequences, and as we all know the dildo of consequences rarely arrives lubed. :)

Please explain how a 40-buck-an-hour American can compete with a Chinese guy who makes 4 bucks an hour.

Well, that's the whole point--he can't compete with the Chinese guy. So what you're going to do about it? Impose tariffs? Well, Trump just rolled them back on the most important imports from China.

The only way out of this is to reduce the retarded-level American consumerism and go back to thrift, diligence, self-discipline and contentment with little things. Otherwise prepare for the dildo of consequences (and no, it will not be lubed). :)

He needs Gosplan:)

I agree that we all need to consume less and live within our means.

Please explain how a 40-buck-an-hour American can compete with a Chinese guy who makes 4 bucks an hour.


This has nothing to do with 40 vs 4. Today. Right now.

Unfortunately, there are still too many people who refuse to acknowledge this obvious fact.


Well, it has. The current ridiculous level of consumptionism in America is unsustainable. Today. Right now.
So, you have to introduce drastic austerity measures. Today. Right now.

At the moment people want more stuff - fast, cheap, and convenient. That leads companies to: outsource to low-wage countries, cut costs wherever possible, prioritize quantity over quality. If American consumers were a bit less retarded about fast fashion, next-day shipping, or replacing their phones every 2 years, there wouldn't be such intense pressure to find the cheapest labor available.

It's really not rocket science, and it should be the job of a good president to explain it to people.

This has nothing to do with 40 vs 4 dollars per hour.

In a direct competition, a 4-dollar Chinese guy wins against an American at 40 an hour so the job goes to China.

How do we get that job back in the next 12 months?

You don't.

You can impose all the tariffs you want and you can sh*t your pants in vain anger and you still don't get that job back.

The $4 guy is more hard-working, thrifty and self-disciplined; he's also usually better educated. If you had wanted to compete against him, you shouldn't have moved most of your industry to his country. Now the dildo of consequences is inevitably arriving--it's huge and it's not lubed.

Of course, Americans can still surprise the world: they can still turn to their old American values of thrift, diligence and self-discipline; they can learn to be content with less, stop raping Planet Earth of her resources at unsustainable pace (e.g. stop buying iPhones 137 because their iPhones 136 are already "outdated", and in general give up their religion of ridiculous overconsumption), and pay off the debt they're in because of decades of living way above their means. They still have enough resources to switch to a more sustainable economy if they are willing to go through drastic austerity measures and complete mentality shift towards common sense.

Yes, Americans can still choose to do that. I wouldn't hold my breath though. Their entire culture seems to admire the rich, the common people are constantly exposed to displays of pornographic wealth in the media (including social media) and in the entertainment industry, so they are driven by envy and greed--a recipe for disaster.

You are a moron.

:)

I understand the anger. I really do. You're angry at wrong person though. I didn't move American industry to China, I didn't force your society to be mindlessly overconsumptionistic, and I didn't turn CEOs of your companies into greed-driven crooks.

Also, believe it or not, but it's not me who's constantly exposing your society to pornographic displays of wealth all over your media and entertainment industry, causing mass-scale envy, greed and perpetual discontentment.