HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US
Elite Trader Your Account  •  Become a Member  •  Help  •  Search    
    Forums ›› Main ›› Economics ›› Weak economy... not just an aftermath of 2008  


Post A Reply
    Page 2 of 6:   1   2  3  4  5  6  
J-Law
 

Registered: Jun 2002
Posts: 352

 

08-12-12 06:26 PM

Frame it as you want. It is economic parasitism. Parasites in nature seldom kill off their host as it would mean death to the parasite. Any different from the old ghetto commerce model? Like lay away or store credit?
They have also changed the dynamic of trade agreement from mutually beneficial (win:win) to a win:lose proposition. They cannot compete on a normal playing field as for whatever reason they cannot generate the ideas quick enough to feed their manufacturing base. Reverse engineering products can take too long (years in some cases) So, they steal them instead. The other angle in their game is they keep they're currency artificially weak to drive their exports. This is flat out currency manipulation. But the US refuses to callnit that. The table is once again artificially slanted in their favor.

There are more Chinese SOE's (state owned enterprises) today than ever & their subsidiaries are setting up in across the US, Europe, & Australia to tap into whatever markets possible. Think about what that means. They are laying down a global infrastructure & they are backed by their government & military. What does those military have to do withit? Its military grade people whom are overseeing the cyber attacks an slicing thru corporate America's firewalls like a warm knife thru butter, extracting plans & secrets then building cheaper versions of the target & then selling it back to us. Corporate America are the proverbial fish in the barrel. Corporate America s what supplies the jobs in our nation. They hurt, then we hurt as well.

Another approach is underbidding.

A current example is a Chinese company is manufacturing the steel decking on the golden gate bridge. Why isn't Caltrans using an American company? PRICE! They are saving the taxpayers alleged millions & specifically avoiding using federal $$$ to fund the product. For a cash strapped state like California it seems to make sense. The really price is that somewhere there are American jobs being lost because of such actions.
Hwawei was the low bidder (40% below) all other birders on a telecom infrastructure build somewhere in Europe. They got the project. Only months later Seimen's engaged in large scale layoffs.
Were in a trade war that DC refuses to acknowledge & were getting our ass handed to us
because we are too slow to respond.

This is not fair trade & the American dream/prosperity is taking a hit because of it.


Think about it.

    Edit/Delete Quote Complain
morganist
Moderator

Registered: Sep 2008
Posts: 3404

 

08-12-12 06:36 PM


Quote from J-Law:

Frame it as you want. It is economic parasitism. Parasites in nature seldom kill off their host as it would mean death to the parasite. Any different from the old ghetto commerce model? Like lay away or store credit?
They have also changed the dynamic of trade agreement from mutually beneficial (win:win) to a win:lose proposition. They cannot compete on a normal playing field as for whatever reason they cannot generate the ideas quick enough to feed their manufacturing base. Reverse engineering products can take too long (years in some cases) So, they steal them instead. The other angle in their game is they keep they're currency artificially weak to drive their exports. This is flat out currency manipulation. But the US refuses to callnit that. The table is once again artificially slanted in their favor.

There are more SOE's (state owned enterprises) today than ever & their subsidiaries are setting up in across the US, Europe, & Australia to tap into whatever markets possible. Think about what that means. They are laying down a global infrastructure & they are backed by their government & military. What does those military have to do withit? Its military grade people whom are overseeing the cyber attacks an slicing thru corporate America's firewalls like a warm knife thru butter, extracting plans & secrets then building cheaper versions of the target & then selling it back to us. Corporate America are the proverbial fish in the barrel. Corporate America s what supplies the jobs in our nation. They hurt, then we hurt as well.

Another approach is underbidding.

A current example is a Chinese company is manufacturing the steel decking on the golden gate bridge. Why isn't Caltrans using an American company? PRICE! They are saving the taxpayers alleged millions & specifically avoiding using federal $$$ to fund the product. For a cash strapped state like California it seems to make sense. The really price is that somewhere there are American jobs being lost because of such actions.
Hwawei was the low bidder (40% below) all other birders on a telecom infrastructure build somewhere in Europe. They got the project. Only months later Seimen's engaged in large scale layoffs.
Were in a trade war that DC refuses to acknowledge & were getting our ass handed to us
because we are too slow to respond.

This is not fair trade & the American dream/prosperity is taking a hit because of it.


Think about it.



Can you clarify which country is the parasite in this situation please?

    Edit/Delete Quote Complain
oldtime
 

Registered: Jun 2011
Posts: 7296

 

08-12-12 06:37 PM


Quote from J-Law:

Frame it as you want. It is economic parasitism. Parasites in nature seldom kill off their host as it would mean death to the parasite. Any different from the old ghetto commerce model? Like lay away or store credit?
They have also changed the dynamic of trade agreement from mutually beneficial (win:win) to a win:lose proposition. They cannot compete on a normal playing field as for whatever reason they cannot generate the ideas quick enough to feed their manufacturing base. Reverse engineering products can take too long (years in some cases) So, they steal them instead. The other angle in their game is they keep they're currency artificially weak to drive their exports. This is flat out currency manipulation. But the US refuses to callnit that. The table is once again artificially slanted in their favor.

There are more SOE's (state owned enterprises) today than ever & their subsidiaries are setting up in across the US, Europe, & Australia to tap into whatever markets possible. A current example is a Chinese company is manufacturing the steel decking on the golden gate bridge. Why isn't Caltrans using an American company? PRICE! They are saving the taxpayers alleged millions & specifically avoiding using federal $$$ to fund the product. For a cash strapped state like California it seems to make sense. The really price is that somewhere there are American jobs being lost because of such actions.
Hwawei was the low bidder (40% below) all other birders on a telecom infrastructure build somewhere in Europe. They got the project. Only months later Seimen's engaged in large scale layoffs.
Were in a trade war that DC refuses to acknowledge & were getting our ass handed to us
because we are too slow to respond.

This is not fair trade & the American dream/prosperity is taking a hit because of it.


Think about it.

yeah, I thought about it, we already went through this in the 50's. That's why they made us start saying the pledge of allegiance to the flag at school, so we could keep up with the USSR. Any idiot with a brain in his head could have spent a day looking at their economic system and realized it was unsustainable. The problem is anyone can now do the same with USA. If you own it is your responsibility to protect it. Whatever big corp wants government to do they will do, so don't worry about it. What do you want me to do? Vote for more politicians who will do what big business tells them to do? Don't we have enough already? I'd like to pick you up and drop you down over in China, then you would have a lot bigger problems to bitch about, namely starvation. I don't know why you are so worried about 300 million and care so little about a billion.

    Edit/Delete Quote Complain
cdcaveman
 

Registered: Aug 2011
Posts: 3513

 

08-12-12 07:29 PM


Quote from morganist:

The biggest problem you have is the 100% plus national debt. The Chinese are allowing your economy to work by lending you the money you need to consume to then buy their goods. If America goes down China goes down. If what you are saying is true they are digging their own graves.


exactly how i think... if they think they can help print our way to a new future they are sick to... they are just a developing country.. don't think they have any more sense then our gov does..

    Edit/Delete Quote Complain
cdcaveman
 

Registered: Aug 2011
Posts: 3513

 

08-12-12 07:33 PM


Quote from oldtime:

isn't that what GS did? They loaned a lot of money, America went down and they're still standing. According to the courts it wasn't actually sabotage, but a fair amount of money was made on failure.



GS was playing a card game with the panic of the people in the United States as Ruse to get paid back for the the trades they housed.. Granted they really meant to be just making money on transactions in the sub prime melt down.. they ended up housing alot of the trades.. as which most have to when they are distributing tons of the stuff.. This is the stuff the Big players jet around and discuss trading against US .. we are economic agents .. cogs in a wheel... they leverage fear and greed against us.. sell us instant gratification... and we bite everytime!

    Edit/Delete Quote Complain
J-Law
 

Registered: Jun 2002
Posts: 352

 

08-12-12 07:44 PM

Morgan parasite = china

The other poster. On one hand you're right we don't need more politicians telling big business what to do. If they own it they need to protect & defend it. But, that should be a national imperative and corporate America needsto get it in gear to protect themselves.

On the other hand if you ask me whom I'm more concerned about 300M US citizens vs 1B Chinese. That answer is easy. I worry about the prospects for prosperity of our nation, the US. As, you should too. That is if you are an American citizen.
You don't have to pick me up & drop me off in China. I been around the globe a few times & have lived in a developing nation before. I get the starvation thing & its horrible to bear witness to.
but, if that is your argument for making light of such developments. Let's be clear on something, the business they gain (whether by legitimate or illegitimate means) will be squarely at the expense of our nation's business sectors which will directly translate into a loss of quality of life for your fellow neighbors & citizens. Yes, corporate America as been piggy in years past. But, it's the only one we have, like it or not & as we all know gov't doesn't supply jobs in the volume to truly lift up an economy. Not to mention the future prospects & opportunities for our nation's youth & future generations. If you don't care for yourself at least care for our country's future. American industry is what gave us the
conveniences & lifestyle we enjoy today & it's currently being fleeced by illegal means. I play for the US team. What Team are you on?

    Edit/Delete Quote Complain
    Page 2 of 6:   1   2  3  4  5  6  
Post A Reply


Receive an email whenever a new post is added to this thread by subscribing to it.
 
Rate This Thread:

Forum Jump:
 

 

   Conduct Rules  -  Privacy Policy  -  Day Trader -  Day Trader Forum -  Best Trading Software -  Sitemap Copyright © 2013, Elite Trader. All rights reserved.    
 
WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Brokerage & Clearing
AMP Global Clearing
Futures and FX Trading
Bright Trading
Professional Equities Trading
CTS
Futures Trading Software
DaytradingBias.com
Professional Trading Analytics
ECHOtrade
Professional Trading Firm
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
MultiCharts
Trading Software Provider
NinjaTrader
Trading Software Provider
OANDA
Currency Trading
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thinkorswim by TD Ameritrade
Direct Access TradingAdvertisement
TradersStudio
System Building & Backtesting
Trading Technologies
Trading Software Provider
Trend Following
Trading Systems Provider