mike_galloway

coolfactor said:

Wesley_Hilliard said:

Ok, had to delete some incredibly off topic and rule breaking threads that are just useless screaming matches. Let's chill out.

And as a reminder: It isn't illegal to be a monopoly. It is illegal (or at least heavily regulated globally) if a monopoly uses its power of a specific market to manipulate that market or others. The EU has a right to govern how it sees fit, even if some of its policy seems unfairly targeted towards Apple. It is up to Apple to work through the litigation and arrive at a happy medium. These things take time, and the world leaders having pissing matches won't help either.

Patience. This fine was a pittance for the affected companies. We'll see where it goes from here.

Avoid insulting each other, politically charged comments, or leaving the topic entirely to make some kind of random point. There's no need for that.

There also needs to be some safeguards where political regions can't just "change the rules" or implement new rules, and then claim companies are breaking those very same rules. It can take years, even decades, for a large company to build up their sales ecosystem, and then governments come along and just make new rules? One interpretation is that it's a convenient money-grab. Where does this fine money end up in the end? There should be some regulation over that, too.

Unfortunately voters (us) are continually demanding from politicians that "something must be done" about whatever grieves us at the moment and that we are "unfairly disadvantaged" so we sort of get what we deserve (continual knee jerk responses and badly thought out changes) and not what we need. 

Whilst the short term ups and downs of the stock market can be ignored, the bond markets and dollar depreciation cannot, unless the USA wants higher borrowing and imports costs (above the tariff increases) and a risk of loosing reserve currency status. 

Lowering interest rates and tax cuts would make this all far worse.

foregoneconclusion said:

9secondkox2 said: I also added late that The USA has indeed been getting ripped in world trade forever now and that it's about time someone stands up to global bullies. 

The fact is Trump is very easy to read and to predict when you realize that he has America's best interests at heart ad takes action accordingly.

Trump's first administration abandoned the TPP agreement and renegotiated trade rules with China. You're claiming he was doing that in America's best interest, right? So your only choices per Trump and China are (A) his renegotiated deal with China ripped off the United States OR (B) he's lying about it being a rip-off in 2025. 

When china hold a huge proportion of US debt it's a stupid man that provokes the dragon especially when the US need mountains of new debt continually. 

The bond markets are the real king here and will determine the outcome of this farce.