I understand what both of you are saying, and you're right. I know that we have vastly different economies. It isn't an apples to apples comparison. The point I was trying to make is that our economy got stronger following the onset of the trade war and China's got weaker. I wasn't basing that statement off of a head to head comparison of economies. I was basing it off of how each individual economy performed in 2018 as compared to how they've performed over the past few years. Of course that doesn't mean that we'll ultimately win the trade war, but it answers the question posed by this thread.
china us besting us. the chart comparison indexed is not really the best chinese etf. statistics dont lie but liars use statistics. anyone who thinks we can beat china economically needs to wake up! here are a couple charts indexed off of the largest narket cap etfs for china vs usa. post to follow. buy bidu. retire in 10 years.
Hey clown, read the thread I just posted... I don't care who " won ", there's big trouble in lil china
there is not big trouble in china. the usa etfs are a very poor exanple on purpose of what the chinese mkts are doing! u cannot beat 1 billion people.. anyway chinas stock mkts are double ours for ytd return. you cannot use an etf that cherry picks an index. here are the real china versus usa stock mkt stats dow 11% ytd. china 100 to 500 all above 20%.
typical on this site to get name calling from someone who is so far from elite he thinks 1 etf chart shows the truth. idiots on here.
https://www.nytimes.com/2019/08/06/business/china-cash-commercial-acceptances.html Lil china had around 210 Billion in I.O.Us as of February 2019 according to government estimates... Reality right now could be 400-500 Billion easyyy Now you tell me who won ? china was beyond fucked before the tariffs, but the tariffs got the Yuan at 7.08, unable to defend it anymore, no more USD for you! Too many forward FX swaps, PBOC can't run from the years of massive Eurodollar loans... Their busto, capisce ?
lol. our farmers are paying the price and so are us citizens in farmer bailouts and chinese products.. we are at what 24 trilion..thay have 1 billion in pop..small amt per person. 300 versus like 60000 per person usa
On your bike... You understand I.O.Us ? It's just a piece of paper saying I will pay you in the future, it's not a legal tender, and 500 Billion more or less circulating in the economy ? LOL they are officially playing Monopoly in china, it's a circus, you'd fit in! It'll crash like nobody's business Mr T and Cramer are looking to check mate china...
Yet The almighty CSI index 100/200/300 are still far below their all time high, especially the 100 which has not yet recovered from the 2008 crash. The Chinese indexes deliver poor return as their central bank interest rate and inflation is far above that of the US.