President Obama said it out loud.... Russia is NOT as strong as most people think.... It isn't... It's economy is ranked 11th by the IMF.... Now it's leader for the past 20 years is having economic and political issues.... The current Russian leadership might look … [Read more...] about Russia’s Putin….Strong?…More likely Weaker….
the Economy
Bankruptcies rise….
Great Economy? More like a creeping slowdown.... According to data released last week by the ABI, US bankruptcy filings surged by 3 percent in July 2019 from July 2018. A total of 64,283 filings were reported for July, up from 62,241 for July 2018. And if the trend … [Read more...] about Bankruptcies rise….
Globalisation. and Democrats….
President Bill Clinton starting things rolling with NAFTA.... President Barack Obama continued with it.... Global trade barriers dropped for American's to receive cheaper prices on goods.... Great!.... But? The downside is the with America 's higher pay … [Read more...] about Globalisation. and Democrats….
Donald Trump increasingly going it alone….
The guy was a New York City Real Estate guy... He was also a entertainment lover.... Both required little staff..... His money from his father enabled him to make mistakes and have failures that would have put others in the poor house... The money also enabled him to … [Read more...] about Donald Trump increasingly going it alone….
China will stop buying from US Farmers…..
Can an Ouch be heard in the American farm belt?.... Or a 'Oh, Shit'? China confirmed reports that it was pulling out of U.S. agriculture as a weapon in the ongoing trade war. A spokesperson for the Chinese Ministry of Commerce said Chinese companies have stopped … [Read more...] about China will stop buying from US Farmers…..
China strikes back at Trump and world financial markets….
China does NOT blink in its economic fact off with Trump.... The US Stock Market is down almost 600 lints as I write this.... (It's been dropping for days) The US Fed interest move will have NO effect .... Trump's unexpected throw down to put a 25% MORE China import … [Read more...] about China strikes back at Trump and world financial markets….
Apple Computer and others moving more product production outside of China….
As Donald Trump keeps raising import fee's on things made in China destined for America? Apple Computer and other companies are move some of their manufacturing to other places....Not necessarily America as Trump has hoped.... It's still unclear if Apple's products will … [Read more...] about Apple Computer and others moving more product production outside of China….
Unable to get China to bend…Trump to apply more import taxes on their goods….
A little while ago Trump admitted that China is NOT in hurry to make a deal on imports until next falls elections... So ? No surprise in his announcing more import tax's against their products coming into America.... President Trump escalated his trade war with China on … [Read more...] about Unable to get China to bend…Trump to apply more import taxes on their goods….