Trump "Orders" American companies to find an alternative to China

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Oct 30, 2007
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#2
I agree with most of what he said, but the POTUS shouldn't be ordering companies to do anything. Government control of private industry is something we should always strive to avoid. He should've replaced the words "hereby ordered" with "strongly implored."
 

oks10

Territorial Marshal
Sep 9, 2007
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Yukon, OK
#4
It's a stupid thing for him to "order" for sure. "Start looking for any alternatives to China" is what most companies have already done by now with tariffs impacting bottom lines... The company I work for started looking months ago when they first hit. Some things we've found other sources for (India) but a lot of our stuff still comes from China because we can't find anything non-Chinese that is equal or greater in value to what we're currently getting... None of our sourcing has moved to domestic though because it's still too expensive to get it in the US and the ones we've tried can't meet our demand.
 

Bowers2

Stackin' Joe's Cups
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Jul 31, 2006
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Edmond
#9
I don't think he was joking. I'm sure he wants companies to leave China but I don't think he realizes that's not this works...
It's literally one of the most socialist things any 2020 candidate has said thus far. Which is hilarious to me.
 

CaliforniaCowboy

Federal Marshal
Oct 15, 2003
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#11
Can't wait to see you guys spin this into "he was just joking."
Trump is saying the things that need to be said. Companies need to understand that if they want to do business in China it will not be receiving help from the US Government.

This is the type of transparent communications that we've needed politically for a very long time
 

ksupoke

We don't need no, thot kuntrol
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Feb 16, 2011
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dark sarcasm in the classroom
#16
Why the 'F' does he do this? He knows these Tweets tank the markets and he treats it like some kind of joke.
So the money can get in on the dip

He knows people are irrational (tweet reaction) and markets (results over tweets) are rational.
Once the irrationality (people) works its way out the rationalities of the market will take over and there’s a lot of money to be made.
As long as the valleys are climbing, and they are, there’s no panic from the money in the markets.
Even if there’s a temporary dip in the valleys, there’s no better repository for your money, history bears that out a thousand fold, managed appropriately that is.

Btw, ridiculous reactions aside, he doesn’t have the authority to enforce this but man the reactions from the theatre audience is priceless.
 
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bleedinorange

Federal Marshal
Jan 11, 2010
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In Pokey's head
#17
The time to buy is when there's blood in the streets. Fortunes are made during panic selling. Target was up 21pts yesterday and we're still within 700-800 pts of another all time high. I think I'll hold, buy, and laugh at the doomsayers.
 

Bowers2

Stackin' Joe's Cups
A/V Subscriber
Jul 31, 2006
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Edmond
#18
So the money can get in on the dip

He knows people are irrational (tweet reaction) and markets (results over tweets) are rational.
Once the irrationality (people) works its way out the rationalities of the market will take over and there’s a lot of money to be made.
As long as the valleys are climbing, and they are, there’s no panic from the money in the markets.
Even if there’s a temporary dip in the valleys, there’s no better repository for your money, history bears that out a thousand fold, managed appropriately that is.

Btw, ridiculous reactions aside, he doesn’t have the authority to enforce this but man the reactions from the theatre audience is priceless.
So the POTUS is using his platform to manipulate markets and make some people some money, but it's totes cool OMG LOL because the reactions are hilarious. A new low every day.
 

NotOnTV

BRB -- Taking an okie leak
Sep 14, 2010
8,613
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Gondor
#20
So the money can get in on the dip

He knows people are irrational (tweet reaction) and markets (results over tweets) are rational.
Once the irrationality (people) works its way out the rationalities of the market will take over and there’s a lot of money to be made.
As long as the valleys are climbing, and they are, there’s no panic from the money in the markets.
Even if there’s a temporary dip in the valleys, there’s no better repository for your money, history bears that out a thousand fold, managed appropriately that is.

Btw, ridiculous reactions aside, he doesn’t have the authority to enforce this but man the reactions from the theatre audience is priceless.
Higher higher and higher lows intact? I have looked at charts for awhile.