Australia's largest stock trading and investment forum Australia's #1 stock forum

XAO

Click for more information

0.70%

8,539.0 all ordinaries

I think Trump might not serve out a full first term. It is...

First 158 Last

Share
Profile

Follow
Dazedandconfused

7,594 Posts.

2098

18/01/19

14:43

Post #: 37157217
Share

Originally posted by 48&34 ↑

Originally posted by Dazedandconfused
Hi DD

Personally... I suspect there is substance to that rumour. China is responding by internally supporting its economy with liquidity, which shows they are determined to tough it out. Meanwhile the evidence is growing that the trade war is hurting the US in the greater degree. [Also ... for China this confrontation is more existential in nature for them , so of course they will fight harder]. I have quietly thought for a little while that it is the US which will be seeking the face saving exit from this.
The US has a history of walking away from a defeated or stalemate position in wars since and including Vietnam. Saving face is not really a big part of the American culture, but for China it is an imperative not to show any weakness. Life is fairly cheap there, witness the mass starvation under Chairman Mao Tse Tung. The state comes in first, the individual last. Trump will eventually get a small concession from China and say he has been successful then likely drop the whole thing. Above all, he wants his second term.

Expand

I think Trump might not serve out a full first term. It is staggering how much damage he has done to the US in only 2 years...

XAO Value at posting: 5,942.8
3 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

First 158 Last

Add XAO (ASX) to my watchlist

SPONSORED BY