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Economic reality check

Discussion in 'Economics & Trade' started by Pro_Line_FL, Mar 6, 2019.

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  1. EarthSky

    EarthSky Well-Known Member

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    Corporate debt at 9 trillion and counting........yes, I said trillion.

    National debt at 22 T.....

    What could go wrong??:blushes::bomb::sunnysideup::toilet:
     
    EarthSky, Mar 23, 2019
    #626
  2. saveliberty

    saveliberty Well-Known Member

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    A radio update from USDA on Thursday indicated that U.S. agriculture exports set a record in July. “It’s the best July that the U.S. has seen as far as agricultural exports go, the value total,” said Bryce Cooke, an economist with USDA’s Economic Research Service. The total value of U.S. agricultural exports in July totaled just over $11 billion.

    In the radio update, Gary Crawford pointed out that the USDA trade data showed U.S. agricultural exports at $122 billion for first ten months of the fiscal year (October – July), which is two percent ahead of last year.

    https://farmpolicynews.illinois.edu...-set-july-record-as-china-trade-row-persists/
     
    saveliberty, Mar 23, 2019
    #627
  3. AFM

    AFM Well-Known Member Past Donor

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    They are talking now. China can not afford to lose the US market.
     
    AFM, Mar 23, 2019
    #628
  4. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    No, it's not only about that.
     
    Last edited: Mar 23, 2019
    Pro_Line_FL, Mar 23, 2019
    #629
  5. danielpalos

    danielpalos Banned

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    the right wing claims the Poor are moochers.
     
    danielpalos, Mar 23, 2019
    #630
  6. AFM

    AFM Well-Known Member Past Donor

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    That is an extremely important part of the negotiations. China’s average tariff is ~10% compared to the US average of 3%.
     
    AFM, Mar 23, 2019
    #631
  7. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Nah. Trump is trying to force China to buy more stuff from US, and he has managed to do the exact opposite of that. They are buying less.
     
    Pro_Line_FL, Mar 23, 2019
    #632
  8. yardmeat

    yardmeat Well-Known Member

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    No, it isn't just about intellectual property rights and state-run economies. If China was the only country Trump were picking a trade war with, you might have a point.
     
    yardmeat, Mar 23, 2019
    #633
    ronv likes this.
  9. ronv

    ronv Well-Known Member

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    Yep. Familiar with how GDP is measured?
     
    ronv, Mar 23, 2019
    #634
  10. AFM

    AFM Well-Known Member Past Donor

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    More lack of understanding from the left. And of course negotiations continue.
     
    AFM, Mar 23, 2019
    #635
  11. AFM

    AFM Well-Known Member Past Donor

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    You have nothing. In what year did real annual gdp exceed 2.9 % in the last decade ??
     
    AFM, Mar 23, 2019
    #636
  12. AFM

    AFM Well-Known Member Past Donor

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    China’s average tariff rate is 10%. The US is 3%. South Korea is 13%. The EU is 4%. Why is Trump negotiating if he is a protectionist. Your lack of understanding and argument is obvious. Get it now ??
     
    AFM, Mar 23, 2019
    #637
  13. ronv

    ronv Well-Known Member

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    It hasn't. Didn't in 2018 either.
    2.9% in 2015 and 2018.
     
    ronv, Mar 23, 2019
    #638
  14. ronv

    ronv Well-Known Member

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    You really should read the post before you respond to it.
    You just made his point.
     
    ronv, Mar 23, 2019
    #639
  15. AFM

    AFM Well-Known Member Past Donor

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    So 2.9% is the highest in the last decade.
     
    AFM, Mar 24, 2019
    #640
  16. AFM

    AFM Well-Known Member Past Donor

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    That’s too funny. Where do you guys come up with this drivel.
     
    AFM, Mar 24, 2019
    #641
  17. Derideo_Te

    Derideo_Te Well-Known Member

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    :applause:
     
    Derideo_Te, Mar 24, 2019
    #642
  18. Derideo_Te

    Derideo_Te Well-Known Member

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    :roflol:

    You source has another article saying the EXACT OPPOSITE!

    https://www.thebalance.com/u-s-economic-crisis-3305668

     
    Derideo_Te, Mar 24, 2019
    #643
  19. AFM

    AFM Well-Known Member Past Donor

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    That’s hilarious. The moronic article you linked to says we will have a recession every 10 years. Too funny. You really believe that ??
     
    AFM, Mar 24, 2019
    #644
  20. truth and justice

    truth and justice Well-Known Member

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    You don't even know the difference between GDP and GDP growth!
     
    truth and justice, Mar 24, 2019
    #645
  21. ronv

    ronv Well-Known Member

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    No. You can't tell the difference between highest and equal to?
     
    ronv, Mar 24, 2019
    #646
  22. AFM

    AFM Well-Known Member Past Donor

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    2.9% is the highest annual real gdp growth achieved in the last decade. That statement is absolutely correct. Of course the Fed was acting to increase economic growth in the first case that happened and the Fed was acting to retard economic growth in 2018.
     
    AFM, Mar 24, 2019
    #647
  23. AFM

    AFM Well-Known Member Past Donor

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    That's hilarious. If you actually were following the thread Mr. YM is the one who is confused.
     
    AFM, Mar 24, 2019
    #648
  24. ronv

    ronv Well-Known Member

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    ranking above others of the same kind.    ​
    Worked in both cases.
     
    ronv, Mar 24, 2019
    #649
  25. AFM

    AFM Well-Known Member Past Donor

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    Highest meaning there are no years with a larger real gdp growth. My statement is absolutely correct.
     
    AFM, Mar 24, 2019
    #650
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