This post Wall Street Falls for the Ruse appeared first on Daily Reckoning.
Why a U.S.-China trade deal by Dec. 15 appears unlikely
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This post China: Paper Tiger appeared first on Daily Reckoning.
China’s shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in wealth and military prowess?
The post China: Paper Tiger appeared first on Daily Reckoning.
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This post Why China’s a Paper Tiger appeared first on Daily Reckoning.
Markets are still digesting last week’s Chinese devaluation that sent the Dow crashing over 700 points last Monday. And as everyone knows by now, the Trump administration labelled China a currency manipulator. The ironic part of it is that China has been manipulating its currency to strengthen it against the dollar. Here’s the dynamic you […]
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The European Union on Thursday said it had no clear strategy on how to ensure continued supplies of critical raw materials if China, the world’s leading supplier of rare earth minerals, used such exports as leverage in the escalating US-China trade war…
EU: No strategy yet if China halts critical exports in US trade war Read More »
This post Wall Street and the New Cold War appeared first on Daily Reckoning.
Why China’s latest trade war weapon may fizzle… “Get set for slower growth and perhaps stagflation. It could be like the late 1970s all over again”…
The post Wall Street and the New Cold War appeared first on Daily Reckoning.
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Over eight years ago I wrote about a crisis that could unfold in the United States related to rare earth imports from China. Remember the Chinese control the rare earth market. These rare earths are used in your phones, Ipads, and hybrid/electric vehicles. Just think of rare earths in all your advanced technologies which involve magnets like hard drives and speakers. Some think the rare earth boom has been and gone…but I think its coming back and it could be very soon.
Rare Earths Sector ETF $REMX Booming Again On Trade War With China Read More »
This post Debt “Death Spiral” Approaching appeared first on Daily Reckoning.
The “death spiral” — when every public dollar Uncle Sam borrows must service his debt… The tragic math of deficit spending… The year when the United States falls into the “death spiral”…
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This post Prepare for Trench Warfare appeared first on Daily Reckoning.
Markets rebound after yesterday’s bloodbath… “Trump’s escalation comes at an awkward time, but if push comes to shove, [China is] quite capable of supporting growth through more investment and credit”… Why Trump may feel more pressure to reach a trade deal than China…
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This post Retaliation! appeared first on Daily Reckoning.
China picks the perfect time to retaliate in trade war… New U.S. tariffs on Chinese goods could take $490 from American households… The lesson of the seen vs. the unseen…
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This post Trump Attacks! appeared first on Daily Reckoning.
“The trade war is back on”… Total U.S. sanctions could cost China up to 1% of lost GDP…
The post Trump Attacks! appeared first on Daily Reckoning.
