6502

Tension over Trump's tariff tweet torpedoes $30B of Apple market cap

6502

May 2019

GeorgeBMac said:

China plays the long game.
Trump plays the bluster game.

My money is on China.

True American patriot here. Evil foreign country over a president he doesn't like.

Tension over Trump's tariff tweet torpedoes $30B of Apple market cap

6502

May 2019

Appleish said:

China will run the world by 2050 and there is nothing anyone can do to stop them.

People said the same about Japan in the 80s, now they are nothing. China can succeed only by having massive trade imbalances, once the world wakes up and this ends, so does china's hegemony.

Facebook 'unintentionally' harvested email contacts from 1.5M users

6502

April 2019

Johan42 said:

6502 said:

Facebook having a security breach is no longer a story. It's expected. I closed my account years ago and don't even miss it.

Too late. Your entire life has been compromised. Now you’ll have to live under a rock with a tinfoil hat on your head so the big bad aliens can’t find you to steal your job, riches, and privacy.

Where can I buy tin foil? They seem to only sell aluminum foil in stores. Will that work too?

Wisconsin governor wants to renegotiate Foxconn deal, says promised jobs unlikely

6502

April 2019

GeorgeBMac said:

6502 said:

bb-15 said:

6502 said:

stevenoz said:

This has Donald's cheese-burger-greasy finger all over it.

He kills any good will with China and Taiwan (where Foxconn is located) and deals are aborted.

I hope Trumpers take note. He is killing the Earth, and is a deal-breaker, not deal-maker.

China is out to destroy us, maybe not military (but may so) but for sure economically. China shows us no good will that doesn't benefit them 10x more. China is our enemy and they are truly the ones killing the earth. It amazes me when Americans put China above the US just to spite Trump.

China is a natural economic competitor going back thousands of years. Since the 1970s China has gotten their act together & the rest of the world has to deal with it.
As for Trump & this failure in Wisconsin, he oversold his negotiating & management skills with this project (which is typical Trump boasting going back to the election).
Fact is in the 1990s Trump had a very poor track record in keeping his businesses going.
I’m certainly not putting China over Trump but what I think this failure with Foxconn shows is that Trump is not the economic miracle worker he claimed to be.

I'm talking today, not thousands of years ago. China steals our technology, steals our IP, manipulates their currency so they remain an exporting economy and not an importing one. China keeps their factories running non-stop, regardless of demand, and dumps the product on world markets, violating signed trade deals. China is considered a 3rd world economy in regards to the WTO. China is not our friend. Putting China ahead of us to spite Trump is foolish and wrong.

Manufacturing is trickling back to the US. Unemployment is at a 50 yr low. Minority unemployment is at an all time low. Stock market is up nearly 50%. Unfair trade deals are being renegotiated. Wages are going up. Miracle worker? I don't know, but things are looking pretty good to me. But, let's concentrate just on Foxconn.

I remember reading the same excuses about why Japan was decimating our steel, auto and electronics industries back in the 80's.

As for today's economy : Thanks Obama for the wise leadership and fiscal responsibility that propelled us out of a near depression and back into prosperity. Hopefully Trump is out of office before he can drive us into bankruptcy.

We finally had strong leadership that stood up to Japan and their economy has hardly recovered since. Trump is trying to do the same, we should be thankful we finally have a strong leader.

Obama had neither wise leadership nor fiscal responsibility in terms of our economy. His admin only reduced interest rates and put forth home refinance plan that most were not qualified for and was poorly run. On top of this he doubled our national debt, meaning he added more to our debt than all previous presidents combined. He made us look weak on the world stage by giving in on every trade negotiation or treaty. He was only concerned about his legacy.