FlexShopper, Inc. (NASDAQ:FPAY) www.flexshopper.com/ finance.yahoo.com/quote/FPAY Atlas Financial Advisors, Inc. (AFA) is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Sponsorship does not influence AFA to recommend products or services issued by FlexShopper, Inc. (NASDAQ:FPAY) to current or prospective clients. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. This endorsement was provided for compensation, this included a formal agreement between Steven Van Metre and Outside The Box Capital Inc. for a one-time fee of $5,000 for one placement to provide coverage on 12/3/2024 for FlexShopper, Inc. (NASDAQ:FPAY). AFA is independent of, unaffiliated with, and holds no endorsements for FlexShopper, Inc. (NASDAQ:FPAY).
Consumers made record purchases on black friday, because it was the day there was many sales, and people had been waiting for the sales to buy what they need.
Doesn't matter who starts it, it matters who finishes it, and the USA is losing around the world. China, after a 500-year slumber, less than 10% of their existence as a civilization, is flexing.
So what you're saying is just let China abuse us and the rest of the world? And do nothing. Please read up on all the facts and for how many years China has treated so many countries and businesses with contemporary. Then post. We should have stepped up a long time ago.
They stood up to Trump too. No, while he took in 80 billion in taxes, we paid out 129 bilions to keep farmers out of bankruptcy when China stopped buying the one thing we sold China the most of, soybeans.
The idea of China "bowing down" to the U.S., or any other country for that matter, overlooks a few important factors that define both nations' global positions. Let’s unpack why it’s unrealistic or even counterproductive to expect China to do this: 1. China's Global Power: In the 21st century, China has grown into a global superpower in its own right. Its economy is the second-largest in the world, and it's making strides in areas like artificial intelligence, infrastructure, space exploration, and even military modernization. The idea that China should "bow down" to the U.S. implies a subservient role that simply doesn’t fit with China’s aspirations or its current status. It views itself as a rising power that deserves equal respect on the global stage. 2. Historical Context of China’s Resilience: For much of its history, China was one of the dominant civilizations. In the 19th and early 20th centuries, however, China faced humiliation at the hands of Western powers (the Opium Wars, "Century of Humiliation," etc.). The modern Chinese state, under the leadership of the Communist Party, has framed its rise as a restoration of its rightful place as a global power. The idea of "bowing down" to another nation would be a rejection of that historical narrative. 3. Ideological Divide: The U.S. and China represent very different political and economic models. The U.S. is a democracy with a liberal capitalist system, while China operates under a one-party, state-driven economic model, with heavy government involvement in industry. These ideological differences shape how both countries approach governance, economics, and international relations. China isn't just focused on being a "peer" to the U.S. in the traditional sense-its goal is to establish an alternative model of global governance and development. 4. Economic Interdependence: The economic relationship between the U.S. and China is extremely complex. The U.S. relies on China for cheap goods and as a crucial player in global supply chains, while China benefits from access to American markets and technology. The idea that China would "bow down" to the U.S. is unrealistic given this interdependence. They’re not competitors who can easily be dominated; they are two global powers whose interests are often entwined. 5. Shifting Geopolitics: The U.S. has historically been the dominant global power since World War II, but the geopolitical landscape is shifting. China’s Belt and Road Initiative, its assertiveness in the South China Sea, and its growing influence in Africa and Latin America suggest that it’s no longer content to simply follow U.S. leadership. This is not a call for war or confrontation, but a sign that China has its own vision for the global order. 6. Respect for Sovereignty: One of the key principles in international relations is respect for sovereignty, which means no country should expect another to submit to it. China, like the U.S., values its sovereignty and autonomy in decision-making. While China and the U.S. may disagree on many issues, it's not realistic to expect China to bend to U.S. will as a sign of deference. Countries should cooperate and compete, but not demand submission. 7. The U.S. Is Not Infinitely Powerful: While the U.S. remains a major global force, it has faced challenges in recent decades-from military overreach (Iraq, Afghanistan), to economic struggles (2008 Financial Crisis), to the rise of other powers (China, Russia, the EU). The idea that China should "bow down" to a constantly ascending U.S. superpower is outdated. Global power is now more diffused, and the U.S. must navigate a multipolar world where it’s no longer the sole arbiter. 8. China’s Nationalism and Pride: Nationalism is a powerful force in China, and its government’s legitimacy is partly tied to its ability to protect national pride and project power. Expecting China to bow down to any other country, especially one like the U.S., risks alienating the domestic population and undermining the party’s narrative of China’s resurgence as a world leader. A submissive position is not only impractical but politically dangerous for the leadership in Beijing. Conclusion: China, as a global power, isn't looking to "bow" to anyone. The geopolitical order is shifting, and both the U.S. and China must find ways to coexist and collaborate. The idea of submission is outdated, especially in a world where power dynamics are fluid and multipolar. The real question is not whether China should bow, but how both nations can manage their rivalry and cooperation in an increasingly complex and interconnected world.
Listen here ChatGPT it’s the CCP that’s about to go down. I don’t think anyone has anything against China and its people but the aggressive destructive and unfair ways the CCP does business. They have already declared war using chemical weapons (drugs) Tech (cyber attacks, balloon spying) Financial etc. Thank God for Donald Trump because the BS stops here.
You failed to mention that in its history, China has never invaded nor colonised any other countries. Its raise has been peaceful. China doesn't aspire to conquer or lead or replace the US or indeed any other nation. Chinese leaders have continually stress that China only compete with itself to be better! The US weaponise its currency and economy to a zero sum game, while China seeks a win-win situation for the benefits of all. That's the real difference!
China already DIY most of their semi conductor and agro.And most of the foreign company in the US already closing down their operation due to high cost of importing raw materials.
Your (and most western analysts') biggest mistake is that you think 1. The Chinese government's primary goal is to stimulate consumer spending 2. Chinese consumers think/behave the same way as American/Western consumers
China is making new alliances and moving away from the US market and dollar. Prices will go up in America because we won't get the cheap imports from China. Tariff wars don't work out well for consumers.
China is a lot more independent than the US is. The US decided to ship all manufacturing and tech jobs overseas for cheap labor. We get everything from China: clothing, cellphones, computers, steel, washers, dryers, coffee makers, dog food, toasters, microwaves, ect.
@@drmarioschannel You are when you put everything on your card .. That's. why I don't use them or want them and if I cannot afford it .. Well I just don't buy it ..
He thinks this is a crisis of underconsumption. This is actually a crisis of overproduction. Giving some money to encourage more mindless consumption is a bad idea. There is no good solution to this problem. You’ll see bankruptcies and consolidation and then production drops in reaction.
This is what happens if u only invest on military equipments 😂 i guess those bombs and jets won't be able to produce daily usage equipments for general publics
And then winner is ? Definitely not consumers 😂😂 so buckle up America it's gonna be a rough ride and if you're lucky you won't fall of China is turning inward 1.4 billion consumers. Also trading with Asian countries is going great he's overlooking many key points typical from an American point of view. To mention a few trading partners China has Russia ,Iran, Brazil, most of southeast Asia yeah keep on selling your stock keep your fingers crossed 🤞
China plus ASEAN, BRICS, SCO, Africa, BRI and South America trade is accelerating, whilst US, EU plus Japan S Korea economies are decelerating. So with Trump decoupling from world trade with high tariff, what will happen to US EU plus Japan S Korea? 2025 looks bleak for everyone
But if the government is able to tax sales and is already over spending (and will continue if any of these projects go through) how does it pay for those projects woth less tax revenue
Canada is going to look a lot more attractive. All those things China banned to export to the U.S, are being produced in Canada as well. Canada isnt just going to bow down and take it in the ass either. China economy can handle recessions a lot better than America. China has spent the past 50yrs developing it markets and establishing diverse trading partners around the world, and it has invested heavily in countries that are developing. The U.S has done the complete opposite and is now heavily dependent on it's protectionist policies to protect their domestic production. The U.S has protected itself into a bubble, into a corner. Consumers in the U.S can not afford 100,000 dollar truck, not without going in debt. It is hard to afford a new house, a new vehicle, and pay for higher food and gas prices while having to pay back the debts of owning said new home and vehicle. Wages are not going up. We will see a lot job losses and you can bet Biden is not going to spend his last month and half in office asking congress for stimulants and incentives. Things are going to be very interesting over the next 6-8 months, especially if trump holds on to his tariff plans against Canada and Mexico.
By “look a lot more attractive” do you mean as in moving there to live? Better check their immigration and citizenship requirements. People in the USA seem to think they can just show up wherever they want to and be welcome without any restrictions.
People - "good we can now make these materials in the US!" It would take at least a decade to build up the infrastructure to refine and proceed these rare earths, not including approval time for environmental protection, which itself takes years to study and license. Dont forget, during covid, the US attempted to make our own masks, with billions in federal funding, and not one startup succeeded. Yes we ended up going back to China for masks.
The global economy is being imploded intentionally. This is the only conclusion to draw given: US Smoot-Hawley Tariff on 20,000 imports was first introduced in May 1929. Oct 24 the stock market crashes. June 17 1930 Tariffs are signed into law, leading to retaliatory tariffs worldwide and a two-thirds reduction in global trade as nations, including the US, imported and exported less. In a trade war, no one emerges victorious. Governments are competing with their economies, plunging them into depression to attract bids on their bonds.
LOL and you won't be able to eat when grocery prices go up because the people who pick crops are gone and food manufacturers raise prices and farmers lose their farms. You have to be a special kind of stupid to think that rare metals are only used in electric cars. Sgnificant portions of the minerals and rare earth elements used in cell phones, including components like the screen, speakers, vibration motors, and even battery materials come from China. Video game consoles, TVs and other electronics depend on them.
This is a mixed bag. Imagine what an extra $200 billion a year in trade deficit dollars could do for US industry. Friend shoring has potential but, it depends on if a Trump administration can keep any friends.
This decision represents the most stable and urgent action of this century, one that was imperative to undertake. Through it, we shall witness a transformation in global peace and order, as well as a shift in hegemonic thinking among nations and individuals. The double standards that Western countries have long monopolized should serve as a cautionary tale and an exemplary lesson for all.
All China has to do is to request that, All their products be returned. We will starve "eventually", cause we don't make anything. People don't even realize how much US farmland China owns in the US. Bet people don't know we don't even process a lot of our food. Grown here, picked here, shipped for processing, then shipped back, and finally USDA inspected (if that). 🤦🤷
remember, China use to focus selling to US/Canada and Europe....that's no longer the case, as their EV are going all around the world, same with Huawei new phones...in other words new export market, even if they're nowhere as big as US and Europe
Should we believe your opinion since you have such great spelling and grammar skills? You either are a foreign troll or have a very low education level. You misspelled already (allready), recession (recesion), and painful (painfull) and made multiple grammar mistakes in only four sentences. No wonder Trump won the election with so many uneducated people.
Let me give you all some very important information about this time is different to 2008 ….most Americans were legal and benefits were paid in for unemployment insurance and Ss etc…. But 90% of your construction workers today are either not legal or even the ones that are legal are getting 1099 so they are not eligible for unemployment,,, trust me I know because several contractors that have hundreds of employees that don’t pay in ……. So when Steve ( who I watch every day) when thousands of people get laid off it’s not going to affect the employment rate……..which in turn the media is going to keep saying positive things about the economy……… and the worst part of this is millions of these workers are not paying into the social security system or taxes !!! You all heard this 1st from me and you will see
@@milkman4eva well I was a carpenter contractor for 25 years I had hundreds of workers from over the border…I paid them every week for 40 hours x their hourly wage THATS IT !!, not one guy out of a hundred were eligible for unemployment because because that money was never paid in !! So when it was time to let someone go or lay off they were not eligible for unemployment,, that’s what hundreds of contractors Been doing for many years,,
The funny thing is,.. do you honestly think if all these guys who are calling for a big recession and most of the construction workers today that came over the border which there are 10x more guys today than 20!years ago ……the government is broke !! How will all these workers get paid ?? there is no money
Some "leaders" think that tariffs paid by the final consumer would benefit the consumer, and its unemployment situation. In the real world though, tariffs worsens the final consumer spending, and the economy of the country importing the foreign goods. Tariffs are not paid by the country manufacturing the goods. Yet another common mistake made by some "leaders" is that a trade war of tariffs would improve the greatness of a nation, while in reality history has demonstrated there are no winners. In an open international trade world, some of the key points for the success of traders are their competitive advantages, such as, quality, price, customer service, spare parts supply, innovation, quickness, and volume of supply. Keeping these points in mind, seems that it is not reasonable to try to impose the installation of a manufacturing plants say in the USA, for employment sake, when the general manual labor in the USA is one of the highest in the world, and depending of the type of industry usually most of them rely on imported parts finally assembled together, tested, and distributed.
When I look at other videos, it is the cheap labour, available low price of raw material, manufacturing facilities and lastly the skill or education level. This describes differences between India and China. Of course how leaders making the decisions. So now what American has to offer other than threat?
well until the lithium mine in china runs dry then USA taps into its recently discovered 50 trillion dollar lithium mine. That is right read them and fing weep. With a couple of years the batteries will all be American made you will kneel to the new king of lithium batteries. ahhhhh so sweet. I am not making it up better go take a dive and look for yourself commie.
@@zzzubmno2755 u fortunately for US consumers the one war they can never win is a trade war. We don't make anything so if the world doesn't take our paper we are SOL.
These metals are byproducts from processing other minerals. The only reason China has a dominant position now is because it heavily subsidised production resulting in foreign sources being uneconomical. If they shut off access to these metals, production will just restart in American and European sources that have been shuttered. It will be a problem in the short term, but in the long term it will allow the world to get away from reliance on China. Once that has happened, Chinese metals will never be allowed back into those markets, so the Chinese are shooting themselves in the foot with this one. That had managed to undercut everyone else to the point where they had a virtual monopoly on the market, but that is going to end now.
@xx-lk3bx a wise man once said " a cat if backed into a corner will become a tiger "...its about the level of tolerance a superpower country is willing to allow itself to be continuedly bullied
@ dollar not worth the paper it’s printed on is the problem. All cars price are crazy right now. Doesn’t matter if it’s battery or gas diesel new used everything’s inflated.
Sure, Tesla sold 1.8 million EVs at a profit in 2023. That's far more than twice as many EVs as Ford sold in gas F150s. EVs aren't going away any sooner than the billions of smartphones, tablet and portable computers on Earth are going away. Tesla Model Y was the highest selling vehicle in the World last year. Don't be afraid. EVs won't hurt U. 😂
Globalization is usually not a good thing. It's a cheaper thing. N unfortunately gives adversaries leverage over u. N in this case militarily. If we're going to buy things abroad...we have blto be making those products here as well. It'll hurt a bit early on. But the back end will be better
Sanctions are basically a stupid process but at least if China is going to do sanctions they should do them in a targeted way that hurts and this will hurt the MAGA tech bros that supported Trump. If this message doesn’t land perhaps China should force Elon to close his Tesla plant in Shanghai? Perhaps that message would be noticed in the the house?
who gives a shit? Stock market's on all time high. Go long us-stocks and be rich forever. The rest doesn't matter at all - so yea, who cares what you say lol.
The potential impending economic downfall of the US was orchestrated before trump was elected. Major countries have been moving pieces on the board for a few years to remove dependency on the US and existing global structures like the IMF. Alliances for resources have been formed. These tariffs are empty threats. China didn't arbitrarily make a move on Taiwan, microprocessors was a vulnerability. Everyone has accesss to oil now. Venezuela has the largest reserve and is still dirt poor. All these snoke screens are to take focus off reality and justify actions that ARE coming. If you want to take on a bigger opponent compromise thier allegiances, cut off thier supply.
Bric's was a dead end from day one, china was just trying to prop up their failing economy. Houses made out of tofu dregs and telling people they have to spend any money they have saved?😂
I bet Canada could find someplace to sell out oil and ll the byproducts for a better price that the States will give us. With the war in Ukraine oil has become quite profitable for us. Not so much the states. They have to import. They're going to miss us when we're gone.
The global economy may not be slowing down. I believe that it is gearing down to redirect itself and America may not be included due to it's own choice. But the world will sail on with out the U.S. because it is capable. The only problem it faces now is conflicting interest amongst other nations. But if they all come to the conclusion that it is the U.S. that is the instigator due to their economy tied to millatary investment. Well they might get together and figure out the situation and get resolutions on there own since the new voice is all about threats and resolve the problems on their own and set up new economies with out the inclusion of the U.S. The Brics nations are going into second gear because the U.S. will probably push santions and tariffs on everyone and everyone. The world will do business amongst themselves. Yes. They will have hiccups. But Trump will push them into that direction and bring a major recession or depression apon American people. Very sad. I am just curious who will be the new empire! Because it is going to move quickly from here. Canada and Mexico are probably gonna get offered a sweet deal with the Brics nations because Trump just shit on his two closest allies.
You mean like last time.....when even with covid our country was booming, I personally along with 88 percent of America where making above average salaries and he had no new wars i mean I can keep going, now let's look at today, how much is gas and milk where you live what like 200 percent more now right? 😂😂😂 your a joke
You let out your challenge , people accept your challenge.You want people to play your game , people play your game.That's fair.You think you can win the game cause you think you created the game , then you are wrong.Play it again Sam.
FlexShopper, Inc. (NASDAQ:FPAY) www.flexshopper.com/
finance.yahoo.com/quote/FPAY
Atlas Financial Advisors, Inc. (AFA) is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Sponsorship does not influence AFA to recommend products or services issued by FlexShopper, Inc. (NASDAQ:FPAY) to current or prospective clients.
Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
This endorsement was provided for compensation, this included a formal agreement between Steven Van Metre and Outside The Box Capital Inc. for a one-time fee of $5,000 for one placement to provide coverage on 12/3/2024 for FlexShopper, Inc. (NASDAQ:FPAY). AFA is independent of, unaffiliated with, and holds no endorsements for FlexShopper, Inc. (NASDAQ:FPAY).
Consumers made record purchases on black friday, because it was the day there was many sales, and people had been waiting for the sales to buy what they need.
how is it trumps fault?? he's not in control yet you idiots
well done China 😅😅 ✅✅✅
Steven please remember that China did not start the trade wars !!
I did, I started the trade war
Doesn't matter who starts it, it matters who finishes it, and the USA is losing around the world. China, after a 500-year slumber, less than 10% of their existence as a civilization, is flexing.
So what you're saying is just let China abuse us and the rest of the world? And do nothing. Please read up on all the facts and for how many years China has treated so many countries and businesses with contemporary. Then post. We should have stepped up a long time ago.
BRICS wants Trade
West wants War
It took one bafoon to impose higher taxes on all of us Americans, and cut taxes on the globalists
every country has the right to look after their own interests
Definitely but don't be a hypocrite though. You don't hurt others to benefit yourselves😂😂
@@TruthstellingYou don't support those who aim to hurt you either. If you have a brain.
@@TruthstellingThat’s literally how every country gains power…You think China has been playing nice?
Not many countries have the power to defend their interests when it comes to dealing with the U.S. America usually has its way with other countries.
US does not produce consumer electronics, this move is mainly targeting the military industry complex.
Based
well time for Americans to pay $4000 for their iphones and $20k for their rtx4090...like the rest of us in our currency
Wow yeah tariffs will destroy the u.s economy
😂😂😂 no it won't. We can easily be self sufficient. China is just cheaper for now.
@@anthonyumphrey519you’re delusional. Most of the things we have are imported goods from other countries
I will just increase my prices along with my competition. It's really no big deal.
They stood up to Trump too. No, while he took in 80 billion in taxes, we paid out 129 bilions to keep farmers out of bankruptcy when China stopped buying the one thing we sold China the most of, soybeans.
The idea of China "bowing down" to the U.S., or any other country for that matter, overlooks a few important factors that define both nations' global positions. Let’s unpack why it’s unrealistic or even counterproductive to expect China to do this:
1. China's Global Power:
In the 21st century, China has grown into a global superpower in its own right. Its economy is the second-largest in the world, and it's making strides in areas like artificial intelligence, infrastructure, space exploration, and even military modernization. The idea that China should "bow down" to the U.S. implies a subservient role that simply doesn’t fit with China’s aspirations or its current status. It views itself as a rising power that deserves equal respect on the global stage.
2. Historical Context of China’s Resilience:
For much of its history, China was one of the dominant civilizations. In the 19th and early 20th centuries, however, China faced humiliation at the hands of Western powers (the Opium Wars, "Century of Humiliation," etc.). The modern Chinese state, under the leadership of the Communist Party, has framed its rise as a restoration of its rightful place as a global power. The idea of "bowing down" to another nation would be a rejection of that historical narrative.
3. Ideological Divide:
The U.S. and China represent very different political and economic models. The U.S. is a democracy with a liberal capitalist system, while China operates under a one-party, state-driven economic model, with heavy government involvement in industry. These ideological differences shape how both countries approach governance, economics, and international relations. China isn't just focused on being a "peer" to the U.S. in the traditional sense-its goal is to establish an alternative model of global governance and development.
4. Economic Interdependence:
The economic relationship between the U.S. and China is extremely complex. The U.S. relies on China for cheap goods and as a crucial player in global supply chains, while China benefits from access to American markets and technology. The idea that China would "bow down" to the U.S. is unrealistic given this interdependence. They’re not competitors who can easily be dominated; they are two global powers whose interests are often entwined.
5. Shifting Geopolitics:
The U.S. has historically been the dominant global power since World War II, but the geopolitical landscape is shifting. China’s Belt and Road Initiative, its assertiveness in the South China Sea, and its growing influence in Africa and Latin America suggest that it’s no longer content to simply follow U.S. leadership. This is not a call for war or confrontation, but a sign that China has its own vision for the global order.
6. Respect for Sovereignty:
One of the key principles in international relations is respect for sovereignty, which means no country should expect another to submit to it. China, like the U.S., values its sovereignty and autonomy in decision-making. While China and the U.S. may disagree on many issues, it's not realistic to expect China to bend to U.S. will as a sign of deference. Countries should cooperate and compete, but not demand submission.
7. The U.S. Is Not Infinitely Powerful:
While the U.S. remains a major global force, it has faced challenges in recent decades-from military overreach (Iraq, Afghanistan), to economic struggles (2008 Financial Crisis), to the rise of other powers (China, Russia, the EU). The idea that China should "bow down" to a constantly ascending U.S. superpower is outdated. Global power is now more diffused, and the U.S. must navigate a multipolar world where it’s no longer the sole arbiter.
8. China’s Nationalism and Pride:
Nationalism is a powerful force in China, and its government’s legitimacy is partly tied to its ability to protect national pride and project power. Expecting China to bow down to any other country, especially one like the U.S., risks alienating the domestic population and undermining the party’s narrative of China’s resurgence as a world leader. A submissive position is not only impractical but politically dangerous for the leadership in Beijing.
Conclusion:
China, as a global power, isn't looking to "bow" to anyone. The geopolitical order is shifting, and both the U.S. and China must find ways to coexist and collaborate. The idea of submission is outdated, especially in a world where power dynamics are fluid and multipolar. The real question is not whether China should bow, but how both nations can manage their rivalry and cooperation in an increasingly complex and interconnected world.
Listen here ChatGPT it’s the CCP that’s about to go down. I don’t think anyone has anything against China and its people but the aggressive destructive and unfair ways the CCP does business. They have already declared war using chemical weapons (drugs) Tech (cyber attacks, balloon spying) Financial etc. Thank God for Donald Trump because the BS stops here.
All of that is true, however the USA hasn't even been in the game in decades. The American people are done being suckers, so now it's GAME ON!
We are not the power we use to be
The us still has a much more powerful navy, in quantity and quality, so taiwan is safe for now
You failed to mention that in its history, China has never invaded nor colonised any other countries. Its raise has been peaceful. China doesn't aspire to conquer or lead or replace the US or indeed any other nation. Chinese leaders have continually stress that China only compete with itself to be better! The US weaponise its currency and economy to a zero sum game, while China seeks a win-win situation for the benefits of all. That's the real difference!
China already DIY most of their semi conductor and agro.And most of the foreign company in the US already closing down their operation due to high cost of importing raw materials.
What produces the USA?
-Wars and bad decisions😂
Lies,bully😂😂😂
Clowns
An completely inept businessman with 6 bankruptcies running this country, what could possibly go wrong?
You poor Trump deranged thing ..lol
@@Ak74-247
Will you be wearing your Maga hat when you're standing in the unemployment lines next year?
Not just businesses, casino😅
Your (and most western analysts') biggest mistake is that you think
1. The Chinese government's primary goal is to stimulate consumer spending
2. Chinese consumers think/behave the same way as American/Western consumers
China is making new alliances and moving away from the US market and dollar. Prices will go up in America because we won't get the cheap imports from China. Tariff wars don't work out well for consumers.
China is a lot more independent than the US is. The US decided to ship all manufacturing and tech jobs overseas for cheap labor. We get everything from China: clothing, cellphones, computers, steel, washers, dryers, coffee makers, dog food, toasters, microwaves, ect.
How much do you love your cell phone? We're about to find out. 😳 I didn't vote for this!
Lol ,umm K
@@Ak74-247 Cell phones will be cheaper all across Southern America, Asia and Africa. With the demise of the USA economy
I love my 5 year old Samsung.
I grew up without a cell phones .. who cares
@@JoniLombokyeah the crappy Chinese brands
Trump Effect! Maybe American now knows what tariffs mean! Made in China MAGA hats burning by the millions! 😂😂😂😂😂
It's funny. Trump has led the USA into bankruptcy even before he moved into the White House
I love trump, best president ever imo
Trump for blacks
@@FirstLast-mf6vjThat's because you've been ruled by charlatans, ever since Kennedy. Swapping out for a comedic grifter seems your only option.
@@FirstLast-mf6vj Trump for one legged Jewish lesbians.
The economy is based on people buying things they don't need with money they don't have! A great evaluation Steve.
Except if you’re rich.
@@drmarioschannel You are when you put everything on your card .. That's. why I don't use them or want them and if I cannot afford it .. Well I just don't buy it ..
nice. I agree
He thinks this is a crisis of underconsumption. This is actually a crisis of overproduction. Giving some money to encourage more mindless consumption is a bad idea. There is no good solution to this problem. You’ll see bankruptcies and consolidation and then production drops in reaction.
This is what happens if u only invest on military equipments 😂 i guess those bombs and jets won't be able to produce daily usage equipments for general publics
China i love you
So move there .
@daveolep7657 don't be salty
And then winner is ? Definitely not consumers 😂😂 so buckle up America it's gonna be a rough ride and if you're lucky you won't fall of China is turning inward 1.4 billion consumers. Also trading with Asian countries is going great he's overlooking many key points typical from an American point of view. To mention a few trading partners China has Russia ,Iran, Brazil, most of southeast Asia yeah keep on selling your stock keep your fingers crossed 🤞
This is totally glossed over in the media, this is like a nuke, good bye american tech
China plus ASEAN, BRICS, SCO, Africa, BRI and South America trade is accelerating, whilst US, EU plus Japan S Korea economies are decelerating. So with Trump decoupling from world trade with high tariff, what will happen to US EU plus Japan S Korea? 2025 looks bleak for everyone
Menjalankan ekonomi pada nilai nilai yang realistis bisa lebih resistance terhadap fluktuasi fluktuasi yang muncul
It will be interesting to see how long North American and world industry takes to increase the production of these materials.
Thanks Steve
If you can’t afford it. Don’t buy it.
But if the government is able to tax sales and is already over spending (and will continue if any of these projects go through) how does it pay for those projects woth less tax revenue
Exactly. Just like the old USSR
Canada is going to look a lot more attractive. All those things China banned to export to the U.S, are being produced in Canada as well. Canada isnt just going to bow down and take it in the ass either. China economy can handle recessions a lot better than America. China has spent the past 50yrs developing it markets and establishing diverse trading partners around the world, and it has invested heavily in countries that are developing. The U.S has done the complete opposite and is now heavily dependent on it's protectionist policies to protect their domestic production. The U.S has protected itself into a bubble, into a corner. Consumers in the U.S can not afford 100,000 dollar truck, not without going in debt. It is hard to afford a new house, a new vehicle, and pay for higher food and gas prices while having to pay back the debts of owning said new home and vehicle. Wages are not going up. We will see a lot job losses and you can bet Biden is not going to spend his last month and half in office asking congress for stimulants and incentives. Things are going to be very interesting over the next 6-8 months, especially if trump holds on to his tariff plans against Canada and Mexico.
No, China ventured into other directions...
Good luck with the rare earth extract process. It does not have a high margin, it is technical and not easy, and the environmental impact is huge.
Lol ,I guess you missed Trudeaus dinner with Trump ..
By “look a lot more attractive” do you mean as in moving there to live? Better check their immigration and citizenship requirements. People in the USA seem to think they can just show up wherever they want to and be welcome without any restrictions.
Always grateful for the updates! Folk need to prepare to care for themselves 🤯
People - "good we can now make these materials in the US!"
It would take at least a decade to build up the infrastructure to refine and proceed these rare earths, not including approval time for environmental protection, which itself takes years to study and license.
Dont forget, during covid, the US attempted to make our own masks, with billions in federal funding, and not one startup succeeded. Yes we ended up going back to China for masks.
Gas is going to skyrocket because of tariffs. We get 60% of our gas from Canada. 100% of the gas we produce we export. Energy independence is a lie.
We should have never been so reliant on another country to begin with.!!!!!
The global economy is being imploded intentionally. This is the only conclusion to draw given: US Smoot-Hawley Tariff on 20,000 imports was first introduced in May 1929. Oct 24 the stock market crashes. June 17 1930 Tariffs are signed into law, leading to retaliatory tariffs worldwide and a two-thirds reduction in global trade as nations, including the US, imported and exported less. In a trade war, no one emerges victorious. Governments are competing with their economies, plunging them into depression to attract bids on their bonds.
Nobody needs electric vehicles, we cannot eat any of those rare metals.
LOL and you won't be able to eat when grocery prices go up because the people who pick crops are gone and food manufacturers raise prices and farmers lose their farms. You have to be a special kind of stupid to think that rare metals are only used in electric cars. Sgnificant portions of the minerals and rare earth elements used in cell phones, including components like the screen, speakers, vibration motors, and even battery materials come from China. Video game consoles, TVs and other electronics depend on them.
Trump is one dangerous idiot but america will learn a lesson .
So what you're saying is Americans had a choice between a meathead number 1 or meat head number 2....
Yes.
America never learns.
@@andrewcarpenter687 Only one candidate is a convicted fraudster and rapist who went bankrupt six times. Do grow up.
This is a mixed bag. Imagine what an extra $200 billion a year in trade deficit dollars could do for US industry. Friend shoring has potential but, it depends on if a Trump administration can keep any friends.
Trump has one tool and his tool kit that being tariffs not gonna turn out well. We need a critical thinker not some old ego maniac
Trump derangement
@@Ak74-247 Trump derangement is thinking he is infallible and has no faults.
@@rojodiver3344 Trump derangement means believing what the media tells you about tariffs ..lol
Jeez man
@@Ak74-247 Grow up you gullible simpleton.
@@Ak74-247 I do not know any media that describes tariffs the way he thinks they work.
Borrow money to buy things you don’t need. Pretty much sums up the problem
Antimony went from $5/pound to $18/pound
We don't need EVs
This decision represents the most stable and urgent action of this century, one that was imperative to undertake. Through it, we shall witness a transformation in global peace and order, as well as a shift in hegemonic thinking among nations and individuals. The double standards that Western countries have long monopolized should serve as a cautionary tale and an exemplary lesson for all.
At least two mountains in the USA have been idetified that contain all the heavy metals that the USA needs
In Zero Sum Theory, what is a loss (GDP) for the US economy, will be added value for South America and Asia. Potential to be utilized from US misery.
Let the games begin......
All China has to do is to request that, All their products be returned. We will starve "eventually", cause we don't make anything. People don't even realize how much US farmland China owns in the US. Bet people don't know we don't even process a lot of our food. Grown here, picked here, shipped for processing, then shipped back, and finally USDA inspected (if that). 🤦🤷
US erratic leaders started this stupid tariff games trigger-happy and they have to clean the mess up themselves.
remember, China use to focus selling to US/Canada and Europe....that's no longer the case, as their EV are going all around the world, same with Huawei new phones...in other words new export market, even if they're nowhere as big as US and Europe
My water bill 90 dollars plus 3 dollar processing fee who the hell can afford living in this formerly great country?
No money for cheap Chinese shi t
Those mineral materials are for manufacturing military weapons
Those are dual use strategy materials critical for high tech weapons and the MIC, impacting the US propensity to wage wars abroad.
We allready are in a recesion , with a synthetic economy . Just let the plastic economy melt down . Very painfull .
Should we believe your opinion since you have such great spelling and grammar skills? You either are a foreign troll or have a very low education level. You misspelled already (allready), recession (recesion), and painful (painfull) and made multiple grammar mistakes in only four sentences. No wonder Trump won the election with so many uneducated people.
"What the F*** just happened?!" = expression used for foreign markets chaos
"Get out Nnnoooooowwww!" = expression used for domestic market chaos
Dudes been wrong for 5 years straight
😂
Who,Trump?
So whats your plan. South korea just had a an attempted coup. We are not in kansas anymore.
Yea trump fund ur mom,,,he was wrong 4 tht
Tariffs will cause major destruction of our economy, Trump did this last time he was in office
Let me give you all some very important information about this time is different to 2008 ….most Americans were legal and benefits were paid in for unemployment insurance and Ss etc…. But 90% of your construction workers today are either not legal or even the ones that are legal are getting 1099 so they are not eligible for unemployment,,, trust me I know because several contractors that have hundreds of employees that don’t pay in ……. So when Steve ( who I watch every day) when thousands of people get laid off it’s not going to affect the employment rate……..which in turn the media is going to keep saying positive things about the economy……… and the worst part of this is millions of these workers are not paying into the social security system or taxes !!! You all heard this 1st from me and you will see
People that think already knew this.
Of course they pay into social security and taxes. They get ITIN numbers for a reason!
Ý
@@milkman4eva well I was a carpenter contractor for 25 years I had hundreds of workers from over the border…I paid them every week for 40 hours x their hourly wage THATS IT !!, not one guy out of a hundred were eligible for unemployment because because that money was never paid in !! So when it was time to let someone go or lay off they were not eligible for unemployment,, that’s what hundreds of contractors Been doing for many years,,
The funny thing is,.. do you honestly think if all these guys who are calling for a big recession and most of the construction workers today that came over the border which there are 10x more guys today than 20!years ago ……the government is broke !! How will all these workers get paid ?? there is no money
Some "leaders" think that tariffs paid by the final consumer would benefit the consumer, and its unemployment situation. In the real world though, tariffs worsens the final consumer spending, and the economy of the country importing the foreign goods. Tariffs are not paid by the country manufacturing the goods. Yet another common mistake made by some "leaders" is that a trade war of tariffs would improve the greatness of a nation, while in reality history has demonstrated there are no winners. In an open international trade world, some of the key points for the success of traders are their competitive advantages, such as, quality, price, customer service, spare parts supply, innovation, quickness, and volume of supply. Keeping these points in mind, seems that it is not reasonable to try to impose the installation of a manufacturing plants say in the USA, for employment sake, when the general manual labor in the USA is one of the highest in the world, and depending of the type of industry usually most of them rely on imported parts finally assembled together, tested, and distributed.
Bro, yiu don’t understand the Chinese economy at all.
They have no choice
Billionaires don’t care they can ride it out
Lol your not a billionaire... you will be eating the same shit as your southern border brothers 🥴🤪🤣
When I look at other videos, it is the cheap labour, available low price of raw material, manufacturing facilities and lastly the skill or education level. This describes differences between India and China. Of course how leaders making the decisions.
So now what American has to offer other than threat?
America could end up paying 25% tariff on gold delivery from the top gold producers.
?.lol
U.S. just found out who their daddy was 😂🤡🤣
well until the lithium mine in china runs dry then USA taps into its recently discovered 50 trillion dollar lithium mine. That is right read them and fing weep. With a couple of years the batteries will all be American made you will kneel to the new king of lithium batteries. ahhhhh so sweet. I am not making it up better go take a dive and look for yourself commie.
The Chinese are well prepared for Donald Trump this time.
This season of fafo is so damn gooood
Would super hard materials include manufactured diamonds?
President of the so called greatest country on earth have no idea how trariff work, what a historical shame. 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Steve might be saving me by telling me to stay away from regional banks in 2025.
Arrogance brings stupidity
Save your cash people
More importantly, pay off your debts. Money will have less value as the cost of things increase. Lowering consumer debt will provide purchasing power.
@@zzzubmno2755 u fortunately for US consumers the one war they can never win is a trade war. We don't make anything so if the world doesn't take our paper we are SOL.
I stated that back in 2020....
Remember on USA debt is debt 29 trillions on world countries..never says TARIFFS trades war..not even says PLOT BACKFIRES EITHER..
If you are rowing a boat towards a giant water fall... Make a U-TURN fast 😅
Ready for trump, no more bullying
Tariffs is the most beautiful word!!!!😅😅😅😅😅😅😅😅😅😅
From this is shocking to what the phuck just happened
And he's not even sworn in yet.
These metals are byproducts from processing other minerals. The only reason China has a dominant position now is because it heavily subsidised production resulting in foreign sources being uneconomical. If they shut off access to these metals, production will just restart in American and European sources that have been shuttered.
It will be a problem in the short term, but in the long term it will allow the world to get away from reliance on China. Once that has happened, Chinese metals will never be allowed back into those markets, so the Chinese are shooting themselves in the foot with this one. That had managed to undercut everyone else to the point where they had a virtual monopoly on the market, but that is going to end now.
Then go right ahead.
Same goes to the halt in semi conductors, only temporary setback.
Defaults and mo Defaults.. so what ? The gubmint wull bail you out with more inflation.
American should look at their geography first. It's great for isolationism but comes at a cost of being decoupled from the old world.
Is he wearing a pink shirt? Pink shirts are OK for men, I don't care. I just want to know? Is it pink, or is it my computer?
as bad as an economy tanks...look at Sri Lanka ...last checked...SriLanka still stands....to survive..everyone adapts
They are poor as a church mouse!
@xx-lk3bx a wise man once said " a cat if backed into a corner will become a tiger "...its about the level of tolerance a superpower country is willing to allow itself to be continuedly bullied
war between biggest importer vs biggest exporter! guess who will be more affected?
Read the Book. The Art Of The Deal. Surely you are smart enough to figure this out.
If you want to make the right decision, do the opposite of what this dude says.
Yeah, let Americans keep on china bashing. Let's see who wins this boxing match.
I don’t know if you’ve caught this, but the majority of the American people don’t care about electric vehicles
A 15k usd small EV ??? Hummm demand is huge for that in US cities
@ dollar not worth the paper it’s printed on is the problem. All cars price are crazy right now. Doesn’t matter if it’s battery or gas diesel new used everything’s inflated.
Sure, Tesla sold 1.8 million EVs at a profit in 2023.
That's far more than twice as many EVs as Ford sold in gas F150s.
EVs aren't going away any sooner than the billions of smartphones, tablet and portable computers on Earth are going away.
Tesla Model Y was the highest selling vehicle in the World last year.
Don't be afraid.
EVs won't hurt U.
😂
@ 1.8 out of almost 16 million cars sold that year… lmao. Baby dent
@@Billyboy4209 That's a baby dent? How spastic are you?
Worry about America. Let China worry about themselves. LOL
Globalization is usually not a good thing. It's a cheaper thing. N unfortunately gives adversaries leverage over u. N in this case militarily. If we're going to buy things abroad...we have blto be making those products here as well. It'll hurt a bit early on. But the back end will be better
What the F? Get out MEOOOOOOOOOOOOOOOOOOOOOW
3D chess vs marbles
Sanctions are basically a stupid process but at least if China is going to do sanctions they should do them in a targeted way that hurts and this will hurt the MAGA tech bros that supported Trump. If this message doesn’t land perhaps China should force Elon to close his Tesla plant in Shanghai? Perhaps that message would be noticed in the the house?
who gives a shit? Stock market's on all time high. Go long us-stocks and be rich forever. The rest doesn't matter at all - so yea, who cares what you say lol.
The potential impending economic downfall of the US was orchestrated before trump was elected. Major countries have been moving pieces on the board for a few years to remove dependency on the US and existing global structures like the IMF. Alliances for resources have been formed. These tariffs are empty threats. China didn't arbitrarily make a move on Taiwan, microprocessors was a vulnerability. Everyone has accesss to oil now. Venezuela has the largest reserve and is still dirt poor. All these snoke screens are to take focus off reality and justify actions that ARE coming. If you want to take on a bigger opponent compromise thier allegiances, cut off thier supply.
Bric's was a dead end from day one, china was just trying to prop up their failing economy.
Houses made out of tofu dregs and telling people they have to spend any money they have saved?😂
You don't know what BRICS is about . Don't talk rubbish, ignorant fool
The world must de-dollarize if there is to be world peace.
Time to kick China out of swift, the WTO and ban all technology into China.
I bet Canada could find someplace to sell out oil and ll the byproducts for a better price that the States will give us. With the war in Ukraine oil has become quite profitable for us. Not so much the states. They have to import. They're going to miss us when we're gone.
Well, just shut off their helium .
We’re $37 trillion dollars in debt. Tariffs can probably help pay it down.
The global economy may not be slowing down. I believe that it is gearing down to redirect itself and America may not be included due to it's own choice. But the world will sail on with out the U.S. because it is capable. The only problem it faces now is conflicting interest amongst other nations. But if they all come to the conclusion that it is the U.S. that is the instigator due to their economy tied to millatary investment. Well they might get together and figure out the situation and get resolutions on there own since the new voice is all about threats and resolve the problems on their own and set up new economies with out the inclusion of the U.S. The Brics nations are going into second gear because the U.S. will probably push santions and tariffs on everyone and everyone. The world will do business amongst themselves. Yes. They will have hiccups. But Trump will push them into that direction and bring a major recession or depression apon American people. Very sad. I am just curious who will be the new empire! Because it is going to move quickly from here. Canada and Mexico are probably gonna get offered a sweet deal with the Brics nations because Trump just shit on his two closest allies.
Trumps going to be a disaster
You mean like last time.....when even with covid our country was booming, I personally along with 88 percent of America where making above average salaries and he had no new wars i mean I can keep going, now let's look at today, how much is gas and milk where you live what like 200 percent more now right? 😂😂😂 your a joke
I just hope he don't get kilt
Of course. That's the pIan.
@alexandrebes7962 can't wait to see it
hyper inflation coming to America!
You let out your challenge , people accept your challenge.You want people to play your game , people play your game.That's fair.You think you can win the game cause you think you created the game , then you are wrong.Play it again Sam.
Hahaha 🤣. Trump's a genius
AMERICA FIRST-TO GO BANKRUPT🤣🤣
"But i voted Trump to make others life wrose,not mine😢"
Your attitude WILL COME TO HAUNT YOU. TYPICAL RESPONSE FROM AN AMERICAN.
You didn’t know trump is a con man? Where were you during trump’s first 4 years.
U r fucked up along with others
@@nellyjohnson7316I think you’ll find that was sarcasm.
The big guys get into a pissing match and we get rained on.