Their version of Nasdaq is in free fall, capital investment is way down, their growth rate is seriously decelerating AND... they are sending a "delegation" to open trade talks. What if they make a mutual face saving deal, and the Mexicans agree to a renegotiated Nafta, and the EUROS agree to lower tariffs on US autos.... etc?
They're probably just preoccupied with the opening of "Crazy Rich Asians"...
Knowing China they make a bunch of empty promises and never follow through...as they have done for the last twenty years. I hope Trump slaps tarriffs on all Chinese imports.
That'll solve everything. Coal miners will get to go back to work. Globalization will stop. Everything will go back to how I imagine it was in the 1950s.
intellectual property rights?
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But hey, at least you can fill your house with cheap crap from Wal-Mart that will break in a couple of weeks.
And not sure what "bond bubble" you are talking about, but whatever.
Tariffs are taxes. Regressive ones. And they cannot stop globalization.
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And they are increasingly lavish.
The bond bubble is the central banks printing paper, and using it to buy government bonds to keep interest rates artificially low.
I may be at the wrong place.
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