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Economy

Ghost Dog

(16,881 posts)

8. Something more sinister than just a trade war?

Reply to nitpicker (Original post)

Mon Aug 26, 2019, 07:11 AM

Aug 2019

... Chris Weston, head of research at the brokers Pepperstone in Melbourne, said there was a growing belief that Trump was not concerned about the negative impact of his policies on share prices.

“The fact that many are now seeing the division between Xi and Trump as something more sinister than just a trade war has seen [the case] for a global recession increase …”

... Trump’s calls for US businesses to pull out of China would impact their sales and net interest margins, he said, adding another layer of concern. “We are even hearing, at a worst-case-scenario, that the US could restrict China’s access to the financial markets and that is a genuinely scary proposition.”

https://www.theguardian.com/australia-news/2019/aug/26/australian-share-market-us-chinese-trade-tensions

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Highlight:

Trump on trade war: China wants to negotiate and we will be 'getting back to the table' [View all] nitpicker Aug 2019 OP

The Chinese reportedly are making noises too nitpicker Aug 2019 #1

China gives a rational normal response. Farmer-Rick Aug 2019 #10

This is what happened: Trump: "These G7 idiots are criticizing my trade war, we need to turn this Doodley Aug 2019 #2

This. eom sprinkleeninow Aug 2019 #4

100% Trump word salad "to the table" "to the table" "to the table" "to the table" "to the table" Botany Aug 2019 #3

"Let's get back to the table sprinkleeninow Aug 2019 #5

Same table used for North Korea Kim, to get things done? empedocles Aug 2019 #6

Because "they" understand that this is the right thing to do and I have great respect for it. Botany Aug 2019 #7

Something more sinister than just a trade war? Ghost Dog Aug 2019 #8

traitortrump seems to get accessed to all sorts of bizarre sources and snippets empedocles Aug 2019 #9