@WatcherGuru No shit. Been going on for years as these knuckleheads that run our country have zero clue. And I mean all of them- democrats, republicans, independents
@elerianm I continue ton keep cash in short term 30 day T-bills. I have been doing this for 18 months.n Might give a bit up but best game in town for no risk - preserve capital. Agree?
Don’t Underestimate the Chinese. They Remember What Hardship Is. Americans Don’t.
Based on my 25+ years of experience doing business in China:
I’ve been importing textiles from China since 1998.
Back then, places like Shanghai were filled with dirt roads and bicycles. Peasants hauling goods the hard way. No glass towers. No BMWs. Just grit, dust, and drive.
Today? Shanghai is as glossy as Fifth Avenue.
The peasants are now educated professionals. The bicycles have been swapped for Benzes. But here’s what most Americans miss: The Chinese haven’t forgotten where they came from.
China’s rise is built on memory.
When they joined the WTO in 2001, many citizens still remembered true poverty.
That history became fuel. Generations worked, saved, and sacrificed.
They know how to adapt. And they will, as things tighten.
As trade tensions rise through tariffs, sanctions, economic pressure I believe the Chinese will do what they’ve always done: Cut back. Rely on family. Endure quietly. Move forward with discipline. No outrage. Just recalibration.
America? We’ve become dependent on comfort.
We panic over interest rates. We protest over gas prices. Many live paycheck to paycheck not because they must, but because they refuse to scale down. We’ve lost the memory of struggle.
I’ve watched both nations change. One rising from hardship. The other growing softer in success.
In a real economic downturn triggered by global events and internal missteps. Here’s my bet:
The Chinese will adjust. Americans will resist.
Resilience wins over the long run. And like it or not, China has more of it right now.
This is just my opinion, shaped by years of firsthand experience. I sincerely hope I’m wrong.
But the trends don’t lie. I would love to hear other perspectives.
Don’t Underestimate the Chinese. They Remember What Hardship Is. Americans Don’t.
Based on my 25+ years of experience doing business in China:
I’ve been importing textiles from China since 1998.
Back then, places like Shanghai were filled with dirt roads and bicycles. Peasants hauling goods the hard way. No glass towers. No BMWs. Just grit, dust, and drive.
Today? Shanghai is as glossy as Fifth Avenue.
The peasants are now educated professionals. The bicycles have been swapped for Benzes. But here’s what most Americans miss: The Chinese haven’t forgotten where they came from.
China’s rise is built on memory.
When they joined the WTO in 2001, many citizens still remembered true poverty.
That history became fuel. Generations worked, saved, and sacrificed.
They know how to adapt. And they will, as things tighten.
As trade tensions rise through tariffs, sanctions, economic pressure I believe the Chinese will do what they’ve always done: Cut back. Rely on family. Endure quietly. Move forward with discipline. No outrage. Just recalibration.
America? We’ve become dependent on comfort.
We panic over interest rates. We protest over gas prices. Many live paycheck to paycheck not because they must, but because they refuse to scale down. We’ve lost the memory of struggle.
I’ve watched both nations change. One rising from hardship. The other growing softer in success.
In a real economic downturn triggered by global events and internal missteps. Here’s my bet:
The Chinese will adjust. Americans will resist.
Resilience wins over the long run. And like it or not, China has more of it right now.
This is just my opinion, shaped by years of firsthand experience. I sincerely hope I’m wrong.
But the trends don’t lie. I would love to hear other perspectives.
Don’t Underestimate the Chinese. They Remember What Hardship Is. Americans Don’t.
Based on my 25+ years of experience doing business in China:
1. I’ve been importing textiles from China since 1998.
Back then, places like Shanghai were filled with dirt roads and bicycles. Peasants hauling goods the hard way. No glass towers. No BMWs. Just grit, dust, and drive.
2. Today? Shanghai is as glossy as Fifth Avenue.
The peasants are now educated professionals. The bicycles have been swapped for Benzes. But here’s what most Americans miss: The Chinese haven’t forgotten where they came from.
3. China’s rise is built on memory.
When they joined the WTO in 2001, many citizens still remembered true poverty.
That history became fuel. Generations worked, saved, and sacrificed.
They know how to adapt. And they will, as things tighten.
4. As trade tensions rise through tariffs, sanctions, economic pressure I believe the Chinese will do what they’ve always done: Cut back. Rely on family. Endure quietly. Move forward with discipline. No outrage. Just recalibration.
5. America? We’ve become dependent on comfort.
We panic over interest rates. We protest over gas prices. Many live paycheck to paycheck not because they must, but because they refuse to scale down. We’ve lost the memory of struggle.
6. I’ve watched both nations change. One rising from hardship. The other growing softer in success.
In a real economic downturn triggered by global events and internal missteps. Here’s my bet:
The Chinese will adjust. Americans will resist.
Resilience wins over the long run. And like it or not, China has more of it right now.
This is just my opinion, shaped by years of firsthand experience. I sincerely hope I’m wrong.
But the trends don’t lie. I would love to hear other perspectives.
@TRUMP_ARMY_ I voted for Trump. I agree with his overall strategy. However, we (the U.S.A.) should not treat the increased tariffs as income. Higher retail costs = increased retail prices = lower retail sales. With all due respect to Mr. Bennet, thhis analysis is simply not correct.
@elerianm Changing of the guard in reference to world order. But this too shall come to pass. Opportunity may not be right around the corner but it is there as it always is.