Could our Interest rates sky rocket on the back of China

Discussion in 'Property Market Economics' started by Keentolearn77, 8th Aug, 2019.

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  1. Waterboy

    Waterboy Well-Known Member

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    China scrambles to stem manufacturing exodus as 50 companies leave

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    China is racing to keep foreign enterprises in-country, dangling special benefits so that the advantages of staying outweigh the heavy tariffs imposed by the U.S.

    A year into the trade war with Washington, more than 50 global companies, including Apple and Nintendo, have announced or are considering plans to move production out of China, Nikkei research has found.

    And not just foreign companies. Chinese manufacturers, as well as those from the U.S., Japan and Taiwan, are part of the drain, including makers of personal computers, smartphones and other electronics.

    Read more: http://asia.nikkei.com/Economy/Trade-war/China-scrambles-to-stem-manufacturing-exodus-as-50-companies-leave
     
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  2. Sackie

    Sackie Well-Known Member

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    I'm more than happy to be labelled having a ' small-minded Australian property investor mindset', then locking in profits year in year out. Let others keep their 'big minds' and empty pockets.

    They exist on the other side of the coin to help provide wealth creating opportunities for us small minded investors.
     
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  3. Oliver Shane

    Oliver Shane Well-Known Member

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    Yes just be careful picking up pennies in front of a steamroller...

    Those borrowers celebrating negative yields can easily forget the actual reason why rates are so low... let me give you a clue, it’s probably not very good for Australian property... but hey keep picking up the pennies before the Chinese steamroller comes :)
     
  4. Sackie

    Sackie Well-Known Member

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    Been picking up ' pennies' for a long time now. I can afford a good Chinese steamroll or two. Bring em on bay-be! 来啊来啊!

    ;)
     
  5. Oliver Shane

    Oliver Shane Well-Known Member

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    Like a good communist :)

    as an interesting aside this HK issue is blowing up a few things for China... Eg locally a lot of attention on foreign student activism, not much of it positive... With scomo backing Trump in regards to HK solution methinks this won’t end well for Little Old Australia if China get more grumpy and nationalistic.
     
  6. marmot

    marmot Well-Known Member

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    In the 1960s it was "All the way with LBJ" which led us head first into the Vietnam War.
    At present it seems to be "All the way with DJT"
    He even creates a big problem with Iran, and then asks Australia to help "Keep the Peace" which our government are more than happy to oblige to.
     
    Last edited: 18th Aug, 2019
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  7. Oliver Shane

    Oliver Shane Well-Known Member

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    Yep, and USA so much better at prospering in times of conflict than anyone else, hence their brinkmanship.
     
  8. Oliver Shane

    Oliver Shane Well-Known Member

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    Trump seems determined to shake China and global trade up
     
  9. marmot

    marmot Well-Known Member

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    Hasnt some of businesses declared bankruptcy a couple of times.
    Might take him a couple times to get it right with the economy.
    To bad about other countries that are affected.
     
  10. Tenex

    Tenex Well-Known Member

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    I dont see trump getting reelected but then again anything is possible.

    I think everyone is in damage control at present until his term is finished, so volatility will be present but lower interest rates are here to stay
     
  11. Waterboy

    Waterboy Well-Known Member

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    He *will* be re-elected.

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    Last edited: 26th Aug, 2019
  12. Waterboy

    Waterboy Well-Known Member

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  13. Oliver Shane

    Oliver Shane Well-Known Member

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    Yep no one really knows how much he will *****, moan, demand and rant to advance his agenda...

    He wants to crush China but he also needs growth domestically to get re-elected.... what he will do if the markets pull back by >10% who knows.
     
  14. Tenex

    Tenex Well-Known Member

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    is that what kremlin think?
     
  15. TheSackedWiggle

    TheSackedWiggle Well-Known Member

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    When it comes to typical democratic rhetorics like 'protecting local jobs' 'opposing outsourcing' and 'bring back jobs' he has projected himself even more democratic then obama/clinton combined.
    So I would take an even bigger chunk of traditional democratic voters (even non-white union members including Hispanics).

    Across the globe, across ideologies,
    Its a decade of Self-Certified #ChosenOnes
    Populism is the new black.
     
    Last edited: 29th Aug, 2019
  16. marmot

    marmot Well-Known Member

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    The chinese are probably laughing their heads off at the state of some of our democratic governments . The U.S is trying to bring back the good ole days with an little angry white man in charge , who knows whats going on in the U.K.
    In another month or two , maybe another leader or another party.
     
  17. Waterboy

    Waterboy Well-Known Member

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    [​IMG]
     
  18. Oliver Shane

    Oliver Shane Well-Known Member

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    It feels that generally most people will agree, they don’t what the **** will happen next in the global economy, but it probably won’t be good