China Threatens War With The U.S.

#54
#54
Grand Vol said:
Other than saber rattling from time to time, what real threat have the Russians posed to the US or our interests?
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Assume you meant aside from their continued assaults on the American democratic process through creation of public discourse, attacking the DNC in hopes of gaining leverage over a non preferred candidate in a Presidential election. Invading sovereign NATO countries, shooting down commercial airliners, fighting proxy wars in Syria and propping up th DPRK with oil, cash (and probably) weapons and nuclear technology?

Id also bet a paycheck it was one of two possible countries that were responsible for the sonic attacks on US Embassys.

These are the shenanigans we know about.

Sleeping on the Russians is a fools errand, it's retarded to suggest they aren't a threat.
 
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#63
#63
n_huffhines said:
We are our biggest threat.
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#66
#66
Luxury Takes $160 Billion Hit Amid Fear of China Slowdown

Luxury stocks declined on Tuesday as concerns mounted over a downturn in consumer sentiment in China, extending a sell-off that has seen global luxury companies lose about $160 billion in combined market value this month.


The tumble continued after Italian menswear maker Ermenegildo Zegna Group said that Chinese consumers had become more careful in spending in the past few months due to the impact of the U.S.-China trade war, among other reasons. The clothing retailer said it expects a slowdown in luxury goods demand in the second half of the year.



Selling was most pronounced among Hong Kong-traded stocks, with Prada SpA falling as much as 6.4 percent while L’Occitane International SAdropped as much as 3.5 percent and Chow Tai Fook Jewellery Group Ltd. declined as much as 6.4 percent. LVMH was down as much as 1.3 percent in Paris.


That followed last week’s rout, when shares of LVMH, Tiffany & Co. and other luxury brands across the globe fell on concerns that Chinese officials are cracking down on travelers coming home with overseas goods, adding to worries about an economic slowdown in the country. The S&P Global Luxury Index has fallen about 11 percent this month, reducing the combined market capitalization of its members to $1.44 trillion.


With the global luxury sector reliant on Chinese demand for over a third of sales, marquee brands across Europe and Asia have been slumping as consumer confidence in the world’s second-largest economy wanes. Besides the ongoing U.S.-China trade war, sentiment in China is being depressed by rising business costs and food prices as well as employment contraction.

“When consumers don’t feel a sense of hope and optimism, luxury purchases are the first to go,” said Guotai Junan Securities analyst Terry Hong. “During such times, consumers adopt a wait-and-see approach on all nonessential purchases.”

In an interview in Shanghai on Sunday, Chief Executive Officer Ermenegildo Zegna said that the family-run suit brand is planning a more conservative budget for investment in China next year due to the anticipated luxury demand slowdown. Though China is among its biggest markets, it will not expand store count much. And while the trade war is hurting consumption patterns, it isn’t really affecting the brand’s production, which is mostly in Italy and Europe, he said.

“I am more cautious than three months ago. For next year, we are going to plan a conservative budget because there are many uncertainties in the air and you have to be realistic,” said 63-year-old Zegna, whose company is known for upscale men’s clothing and accessories. “You have to be ready for the worst and act accordingly.”


Bloomberg - Are you a robot?
 
#70
#70
Cramer: Pence's speech blasting China was 'the most important' of the Trump administration
Vice President Mike Pence's speech blasting China was a "wake up call," and it had been in recent weeks "roiling" the stock market, according to CNBC's Jim Cramer.

Pence's Oct. 4 address at Washington's Hudson Institute "really freaked out the Chinese," Cramer said Wednesday on "Squawk Box." "It might as well have been written in 1947 about the Soviets."

In the speech, the vice president accused China of "malign" efforts to undermine President Donald Trump and sway the November midterm elections from Republicans — a charge China has denied.

Cramer described the tone of the Pence speech as not just hawkish but a "declaration of economic war."

"It was the most important speech of the whole Trump administration. And it wasn't given by the president," said Cramer, the host of "Mad Money."

"It was the speech that President Obama never gave," Cramer said. "It was a recognition that it's a communist country" and not really an ally of the U.S. because it "has none of the protections that democracies afford," he added.
Cramer said the Pence speech had been "roiling" stocks until recently, when concerns about the Federal Reserve's mission to raise interest rates took over the spotlight.

Cramer: Pence's speech blasting China was 'the most important' of the Trump administration
 
#74
#74
VolStrom said:
War with a country with a skate board ramp on the end of their only aircraft carrier is probably not going to end well for the skate boarders.
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True, lol.

Still, millions of people would die in a war against China though.
 
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