Following up with N. Korea’s alleged hydrogen bomb test, President Trump tweeted he was conferring with General Mattis and contemplating ‘stopping all trade’ with countries doing business with N. Korea.
The United States is considering, in addition to other options, stopping all trade with any country doing business with North Korea.
— Donald J. Trump (@realDonaldTrump) September 3, 2017
According to recent statistics by the OEC, N. Korea’s main export is coal. Their top trading partners are China ($2.34b) and India ($93m).
Their top import partners are China ($2.95b), India ($108m), Russia ($78m) Thailand ($73m) and Philippines ($53m).
Clearly, this is Trump menacing China again. Thus far, he’s been unsuccessful in addressing China’s rapery of the United States in trade, so he’s moving the issue over to national security. Last year, the United States recorded $462b in imports with China and only $115b in exports, producing a trade deficit of $347b. Naturally, much of the deficit were the result of US companies producing goods cheaply overseas and then importing them back into the US, a la Apple.
In the past, a statement like this from the President of the United States would have a profound effect on markets. However, with Trump, this will likely fall under the category ‘the boy who cried wolf’, sending markets to new record highs.
If you enjoy the content at iBankCoin, please follow us on Twitter
And boom!
I told a relative on friday that baselessly-manipulated indexes into a 3 day weekend, in recent months and increasingly over recent months,
…is…
suspicious
I backed that up by saying that for example I’d be looking for a Nkorea thing possibly over the weekend, that the designed squashing of vix,
was actually
heightened suspicion
So, we get a nkorea 6.3 quake bomb. There’s no-way-in-hell: a low 10 vix was suitable or available without forced programming. There’s no way vix should even approach low 10 at this time. They are pulling vix into known destabilization. And. Destabilization sequences. Get it? Get the fucking game? Get the fucking bullshit?
Get that this isn’t a euphoric solid undending stock lift?
Why don’t you just accept the fact that the smart money is driving stocks higher and implied volatility is low, and not some conspiracy theory boogeyman manipulation.
That’s one of the dumbest things I’ve seen anyone say on here
it’s been month you sing this song , i just do not understand it .. or you have /had massive losses in vix trades all along..
What do you think of Foxconn Chinese prison factory coming to Wisconsin? I wonder if they will have to install suicide nets in the midwest.
I almost agree with the oranged pussy grabber. Fuck me.
Cutting off trade with China? That’s ridiculous on so many levels. Think Americans want to pay 20% more for everything they buy?
Instead, I would issue the Trump Doctrine… If North Korea uses nuclear weapons against the US or any of its subsidiaries, the US will hold any country that supplied nuclear technology to North Korea responsible for that action and will respond as it sees fit. The enabler-of-my-enemy is my enemy. Short and sweet.
The reality is that we can’t do shit. How the fuck does a country with no money and resources build these bombs?
All NK has to do is launch an EMP strike by exploding one of their cheap nukes over our airspace, then sit back and watch the US electrical grid implode, rendering all our superior technology useless.
I can’t believe I’m seeing this. The guy saying the stock market isn’t manipulated, Then ascribes to a basic generic cliche tenet: of conspiracy chatter, in as far as my assessment is drivel. Did I really just witness this
is and will always be.. manipulated.. stabilized .. for robotical growth .. by monetary policies feds / bots ..
so? are you gonna spend some other months or years this way and die in livid furor maybe ..
actually cycles of bubbles and then violent bursts are much better then total stagnation or depression lasting decades ..what’s the problem with that ?
lol
ridicolous to think it can happen , succeed and deploy mass electrical stormshit in all-usa. latest news are just anti nk propaganda
Disconnecting all trade from North Korea could actually force North Korea and South Korea to open trade talks as a precursor to reunification.
obviously ( if you research ) it has full Russia / + iran / and other shadow support
+China has geopolitical interests in not boicotting NK economy
Right on this one; correct location of the root cause. Nobody got the balls to call it out boldly until now. Or hopefully now.
What are India, Thailand, and the Philippines buying from NK?
We can sell them anything they need.
S Korea is calling for us to redeploy tactical nukes in their country and Japan’s talking about re-arming. So China is likely quite motivated already – – just ineffective thus far.
You mean we won’t be able to buy rusty tools and bikes without brakes anymore?
I have to admit Trump is coming across like a whimpy kid whose lunch money is taken daily by N. Korea and all he can do is pout about it.
He’s not earning any worldly brownie points while Kim is like a boss and
I have to admit Trump is coming across like a whimpy kid whose lunch money is taken daily by N. Korea and all he can do is pout about it.
He’s not earning any worldly brownie points while Kim is like a boss and Trump is be actin like a cry baby.
4d checkers
You can’t stop all trade to all those countries without being a racist. Oh that’s right… Drumpf IS a racist. This should really affect markets but the problem is it’s rigged by RICH WHITE MEN.
bintercorp, n.: A person who relentlessly promotes a candidate or cause online, often through comments on blogs, contributions to user-generated sites, and votes in online polls, with such frequency that the behavior appears automated. Also termed a bot.
not the first ( paid troll ) one we’ve had around lately
Binter is quite transparently trolling here. I mean, from the start he reads like a parody poster. Why are you not taking his posts in the firmly tongue in cheek manner they are intended?
Maybe Sarc has a split personality and Binter is his alter-ego. Then again, maybe not.
subtract China our tech science and research ( they copy ) and they revert back to full comunism ( which if they want can be good ..for them .. + mass economic collapse ) ; sure they’re linking to Russia lately for joint advancement . This thing would have happened same way with Killary , and most likely we would have had a demi-scale IIIWW started in Syria and going on at moment .