Cohn Says U.S. Is ‘Desperate’ to Sign Trade Agreement With China

Soon China will be a net importer. Once that happens all hell will break lose in China, as their economy is based entirely on constant growth. Once the growth stops, a civil war will break out due to unrest in 4 years max.

So I am calling it now. 5 years and China is going to be seeing some real shit go down.

The truth is that China is already ahead in technology and western companies can't remain competitive. China will not agree to any trade deal that closes the growing tech gap.
The only real strengths the US has are dollar dominance and military power. When the first fails, expect a war.

vote communist party

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This kike deserves the rope businessinsider.fr/us/gary-cohn-stole-documents-off-trump-desk-hr-mcmaster-confirms-woodward-book-2018-9

>China is ahead in technology

They're miles behind which is why they wont sign Trumps deal. It would force them to enforce copyright laws and stop theft of technology and industrial secrets. If China stops stealing the wests innovation then their technological progress basically stops.

that is where you are wrong desu.
China is circling the drain as we speak. Lots of capital outflows, FDI is going way down, and China will lose its supposed tech edge. Reminder that the US already bailed out their biggest tech firm ZTE. We have the leverage already.

This (but the opposite)

washingtonpost.com/business/economy/congress-threatens-to-block-deal-between-white-house-china-to-save-telecom-giant-zte/2018/05/25/1db326ba-604a-11e8-9ee3-49d6d4814c4c_story.html?noredirect=on&utm_term=.5228f5ccc867
for reference.
The idiots in DC didn't see the reason for this bailout. The bailout was to leverage China and remind them who keeps their economy afloat.

China should wait till US economy crumbles in 2 or 4 months after the Muller revelations.

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What is your education to make such predictions? I swear, some idiots without education who live in shitholes with holes in the walls think they are smartest people out there, making predictions like that when they can't even control their own life.

lmao.
you do realize that if the US economy crumbles it would only double the problems China has right now? China is already having problems exporting enough to keep its head above water, and if the US economy fails, it would go from gasping for air in a struggle, to having concrete shoes.

You obviously are basing your assumptions on near decade old information. Look at the new numbers dude, China is way over leveraged and money is fleeing.

Perhaps, but you don't signal desperation in the middle of talks.

>They're miles behind
The reason the US is pressuring its vassals not to use Chinese 5g is because they are the only ones capable of rolling it out at this time. This strategy has largely failed, for example Germany and the UK are both going to use Huawei for their 5g rollouts.
The US doesn't have a response other than trying to arrest Huawei execs and push propaganda that 5g causes cancer.

The reason the US is pressuring its vassals not to sign on to the One Belt One Road initiative is that trade and financial partnership with China confers enormous advantages to both mature economies like Italy and resource rich countries in Africa.
The US doesn't have a response, other than to build bases in Africa and run covert ops against Chinese interest through jihadist proxies and regime change ops like in Venezuela.

China is a rising nation, the US is in decline, and all the fake statistics and propaganda will do nothing but a palliative.

*offer a palliative

Its simple. China does not need to export.

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You should update your news Chen. Although it's not outlawed in the UK, it's been decided that the UKs 5G network will not use Huawei equipment. Additionally they've gone over older networks and started removing any Huawei equipment from these networks.
The UK has opted out of using Huawei equipment in it's networks.

Germany are just retards so you can't take anything they do seriously.

Everyone knows how shitty China is and that they're liars, cheats and frauds. You only deal with China when you have to and many countries are beginning to realise just how bad China actually is.

This guy knows what's going on. Most of mutts live in this Hollywoodesque WE ARE MIGHTIEST COUNTRY IN THE WORLD bubble while not understanding or not wanting to understand at all what the hell is going on. Everything in Europe is shifting toward East and US been told to fuck off on numerous occasions already. There is absolutely nothing to gain from continuing the partnership with US while there is absolutely everything to lose while not going East.

Who just bailed out their Telecom company ZTE that provides all of their 5G tech?

riiiiggghhhtttt

When they stop exporting what happens to their economy? They will no longer be capital rich and will start putting up trade deficits themselves. Their raw resources are not great enough to sustain the growth their economy requires to remain stable.

>When they stop exporting what happens to their economy?
they will let Yuan grow finally, as US asks them to

Based on your reasoning alone I can tell that you're mutt. You still can't let go of your hollywood induced brain damage that's exact opposite of the real world.
>The UK has opted out of using Huawei equipment in it's networks.
Yeah, recent events in UK surely shows they know what they are doing.
>Germany are just retards so you can't take anything they do seriously.
Pretty much the Top Doge of EU is adapting something, which will in turn be adapted elsewhere except for Bongland. EU is already trying to bypass all the US imposed sanctions and trade on East.

the fact is that US is in superior position. China is hurting a lot more.

British actually. I clearly know more about this than you.

Also incase you didn't know, even Germany is turning against China.

I don't know man. They're pretty clever. I would be surprised if they didn't have a trick up their sleeve. Some form of preparation for this event that's been predicted for 10 years or more.

A strong Yuan means that the Chinese people would have to compete on equal footing. Their average wages have skyrocketed recently, making their labor more expensive. If they suddenly start increasing the strength of the Yuan, wages will stagnate to compensate. When the wages stagnate, social mobility will cease, and this will cause social upheaval.

>Also incase you didn't know, even Germany is turning against China.
Yeah, I'd like to talk to you about the world state and power shifts that happened in past 10 years when we are in 2029. You'd have to have some serious eye claps to not understanding that West as we know is leaking and will implode very soon.

It really wouldn't matter that the UK bowed to the pressure. China is still on the rise, and the US will not be able to close the gap without a war. Even now Saudi Arabia, Germany, Italy are cutting deals with China, and more will follow.
Hold on to your delusions of grandeur.

i'll call you Stinky. Bump the thread and mind that i don't read what you type.

/thread

Yes.

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This is why there has been a massive push in the last couple of years back towards communism. It is an attempt to cull the control capital has on their society, however moving back to that is going to cause them a hell of a lot of social problems.

That's been the story for 20 years. All trade secrets and intellectual property is still being funneled over there. The shortsightedness of chasing yearly growth is having repercussions that cannot be kicked down the line any further. Still it will not stop. The elites are trying to squeeze it just long enough to pass it off one more time.

AmericanDelusions.txt

China has been doing this rather publicly as of late. I am not pulling any punches, they are damn good at pulling stuff like this off, however China also has a long history of revolts and very deadly social upheaval.

You are confused by a belief that China`s existence is still that of a cheap fabric for goods for the rest of the world. This is wrong. The modern China focus is China itself. China is the biggest market to begin with, and primarily for no one else than own populace. They do not need to exponentially grow countrary to progonoses that claim sky will fall if they do not grow 20% a year.

With billion people, and now its already not billion of poor people - all it needs is focus on itself. Stronger currency will let them just to invest outside and buy shit like the first world countries. Low currency and big foreign trade are important for foreign reserves (which China already has the biggest) to buy stuff abroad - the thing is, China does not need to buy stuff abroad anymore aside from resources they now get in Africa or we`d trade them for yuan instead of dollar in Russia.

Its 21th century is century of "planet China" on which others will try to desperately land to get a pice of it. Meanwhile - China itself, needs shit from abroad - their own market is the most important in the next decades.

The US has been trying the social upheaval game in China for decades, from the Free Tibet propaganda to fomenting rebellion among the Uyghurs. All US strategies have been serial failures.

Article is only 10 years old.

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Chinks got superior government and power structure at the moment. Electoral Democracy simply will not be able to ever compete with them. Ever. What they did was instead of abandoning the ship, they tried to make it work and they did. They figured out how to mesh two conflicting ideologies and they've been successful. I am still surprised that Jow Forums does not know about the Chinese power structure considering how high they hold themselves, then again, a lot of the times they do not even know about the power structure in their own countries.

>You are confused by a belief that China`s existence is still that of a cheap fabric for goods for the rest of the world. This is wrong.
>21th century is century of "planet China" on which others will try to desperately land to get a pice of it.
This million times. I will unironically fuck off into China within the next 3 years.

I am well aware that they are self reliant outside of raw resources. However when it comes to upkeep of their own society they do a rather poor job of it. This is what I base my assumptions off of. Now if they use the "growth" of constantly having to re-build their entire economy every 20 years, they will eventually run out of foreign reserves.
See my next post...

I am aware of how highly the hold themselves. They consider themselves "Han" when that is only a portion of their actual people. From what I have read about this superior government is that it regularly swings from no enforcement what so ever to being absolutely strict for a month or so, then back to no enforcement. This is especially the case in non 1st tier cities. It gives the appearance to outsiders that everything is orderly and working, when it is one crisis away from utterly failing.

I wish you luck user, but you would be better off going to Vietnam.

>instead of abandoning the ship
but they did
during deng xiao ping's era vast amounts of money was siphoned out of the country over the years and put into foreign banks and investments, like canadian/australian property
in fact purging these deserters and punishing their families is one of the many justifications used by xi to crackdown on party corruption

Burger btfo.
China's trade surplus with the US is only 1.5% of GDP and shrinking quickly.
Consequently China is dumping or not rolling over its Treasuries. US dollar hegemony won't last another decade.

context m80

Is this real? Like, could I get a primary source?

Economy crisis will start soon. China will be not the best part of the world in crisis.

Especially with trade wars with US.

>Under the Trump administration, Cohn has been cited by the press as a supporter of globalism, and has been given nicknames such as "Globalist Gary" and "Carbon Tax Cohn"
And this is why he was replaced.

So you think they have a trick or preparation for the event, but are unable to implement it?

I think it really depends on how well received the social credit system roll out is. If it works as intended, people will self police. if they can't roll it out and get people to self police (which they are not usually the type of people to do this socially) they are going to have a really tough time.

Also

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... see the next post desu.
The purpose of that was context. That was with the financial crisis in the US. The current problem is without a financial crisis abroad. IF there were a foreign crisis on top of their current export issue, it is tits up and gg no re.

Stinky, silly stinky, go to the toilet and clean, no more posting for you,

ART OF THE DEAL HERE!!!

MIGA

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Stinky, toilet. Go!

im actually lmao over these posts.

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>They consider themselves "Han" when that is only a portion of their actual people
its more of a cultural than racial thing
put an black african into chink society, give it a generation or two and his descendants can start calling themselves han, insane as it sounds
one can only imagine the consequences of this..

>From what I have read about this superior government is that it regularly swings from no enforcement what so ever to being absolutely strict for a month or so, then back to no enforcement. This is especially the case in non 1st tier cities. It gives the appearance to outsiders that everything is orderly and working, when it is one crisis away from utterly failing.
you're not wrong about the lack of effectiveness in provincial level governments outside of the top tier cities, but thinking that their entire country will revolt because enough corrupt low level party officials fuck up enough is wishful thinking
see, chinks revolt and protest all the time, just not against the central government - because [spoiler]they're not allowed to[/spoiler] and they've got an irrational belief that the central government will fix everything

> jew tries to sow discord

wow!!

outside of metropolitan china, chinks have very little patience and trust for their local officials
they're incredibly suspicious of them and blame them for just about everything bad that happens, and when something REALLY bad happens there will be a protest (usually organized by potential successors of said officials)
these protests always share one similarity - they seek intervention from the central government
if the local official doesn't appease the mob fast enough and someone from central comes down, 10 to 1 odds he's out of a job (unless he's very well connected)

this breeds the kind of outcome you've observed
shit happens, people complain, local government toughens up to take the heat off.. then the same shit happens again
if the cycle repeats too often the local official loses his job and next guy gets to clean up his mess

fpbp
If Jews ever unite on anything, you now whatever the opposite is in your best interest.

>Everyone knows how shitty China is
desperate mongrel

>t.chink living in the west coast

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>mfw this kike thinks we're all "so desperate" for a deal with Chinese Communists

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I like this context. Thanks for these responses, unlike the other "stinky" pirate poster.

From this I glean a weakness when the next chairman comes about after Xi Jinping. If the transition isn't smooth shit could really hit the fan.

Why do anti-American posters never see the big picture?

>trust the plan

>creates virtually every consumer good on earth
>literally punished via the social credit system if you buy non-Chinese goods (unless you are very rich)
>set to become net importer

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Chinese imports are mostly petroleum and shit.

>Chinese people prefer foreign goods vastly over local products due to quality
>imports nearly all raw resources.

I'll take how do economies fail for 200 Alex.

China is not Russia, they had a lot of presidents and transition is not the issue. And by the time it will come to Xi to step down, China will eclipse USA on so many fronts it would be funnies thing to see Americans cite articles from 30 years ago some relevant stuff

Well trump is running almost a trillion dollar trade deficit. Americans wont be up in arms until the Israel check has to be paid and theres no money to be found.. then things get really ugly.

Really it comes down to this. Unbeknownst to most never-Trumpers, the current trade wars are really a war against corporations who have fucked the country over by selling over everything to China, and it's almost like a specifically corporate tax that they can't easily dodge.

except the last two chairmen didn't have a cult of personality like Pooh does.
Hu Jintao was a technocrat that stayed out of the public eye.
Jiang Zemin only slowly relinquished control to Jintao, and even then still exerted some control.

Having a cult of personality in charge is going to make the transition of powers much more difficult.

>On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act. It cuts individual income tax rates, doubles the standard deduction, and eliminates personal exemptions. The top individual tax rate drops to 37 percent.
>The Act cut the corporate tax rate from 35 percent to 21 percent beginning in 2018. The corporate cuts are permanent, while the individual changes expire at the end of 2025.
thebalance.com/trump-s-tax-plan-how-it-affects-you-4113968
Trump slashed the corporate tax rate. It doesn't quite fit with the theory of him declaring a stealth war on corporations.

>Their exports are down 20% in the last year alone.
What are you even talking about??? It's been up 10% last year...

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>2009

They still have trade surplus, and you have skyrocketing trade deficit.
washingtonpost.com/opinions/trump-failed-by-his-own-trade-metric-pursue-it-further-and-were-doomed/2019/03/10/f8b348e2-41ce-11e9-9361-301ffb5bd5e6_story.html

>says increasingly nervous american man for 100th times

You don't have anything, only empty talk.

>implying the entire global order will not collapse in the next 4 years and America will require ANYONE besides Mexico and maybe Canada.

youtu.be/BHr999RGPQw

gay4pete

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No it will not, it has potentially the biggest consumer market and now a growing in importance reserve currency. All the export losses in America will be simply shifted to internal market consumption. China will only benefit from american collapse.

>China is way over leveraged
You are not the one to talk about. US is much more over-leveraged. And we'll see soon who's going to buy your shitty treasuries to cover your deficits.

No, it will simply mean China has transitioned into a developed consumer economy, which will replace you.