And then comes Vance, with Loomer as his Vice! :D :yeah:
In the immortal words of Udo Lindenbergh: Alles klar auf der Andrea Doria!

I wonder if any of the European countries have the courage to start trade deals with China?

I doubt the UK has.

Strategic more trade with China is the only option and we Europe have the cards to make good deals Chinas economy needs our market, it is going bad at the moment.

What Trump is doing is risky. I understand his idea of getting manufacturing back to America. I understand there will be some pain involved. But, IMO, a scalpel should have been used where he is using a battle axe.

Financial advisers say to hold the line. For many that is fine as those young of age have time to re-coop losses. Those near retirement or retired do not. I don't think Trump is considering this at all. When you can lose a few million and brush its off it ok. There are not many like this financially. It is tiresome that playing the stock market investors take all the risk. The government does not. If there are capital gains, taxes are accessed. If there are loses....oh well. Better luck in the coming months. Time to buy real estate and gold. These two seem consistent and not much of a risk.

Trump knew this was coming. We all did.

Welcome back!
 

Markus

Lets blame Biden TACO take it from here. Look at 2020-2024 LOL Everybody happy? Proper terminal?

The EU possitively licks Chinas boots. So any deal they make will be massivley in Chinas favour probably.

There is no fixing the economy, Debt, Bond market, or our currencies, there is no going back to the 1980's, its all cooked, irrepairable and unsustainable, anyone who thinks otherwise is either dreaming or in denial.
It all needs to blow up so we can start over on a clean slate.
Best any of us can hope for some kind to managed decline / transition.

I will not be getting a state pension - neither in the UK nor in Spain. All the big goverment welfare scemes and handouts will be well and truley finished by the time im 60 something in 20 years.
When they've printed the last dollar and 90% taxed the last millionare who hasnt fled to some island, Governments will all but broke.

That bit about your pension is quite worrying Francis.

Currently I'm annoyed that my occupational pension is taxed because my state pension eats up most of my personal tax allowance.

Nah China needs us as we need China we are the market that determine what they can sell and Europe determine the rules of safety and quality, ... Europe already has that, that will not change, we already get better Chinese products than the rest of the world.

I always thought that but I'm now beginning to wonder, after their spat with Trump.

Its not me personally, it everyone in my generation and below.
It wont be over night, They will start to ween people off it slowly (condition us, as they have for, cost of living, violent crime, mass migration and all the rest of our 'managed decline' in living standards) It will start with anyone who owns their own home is not legible, then anyone with X amount of savings is not legible, etc gradually make the pool smaller and smaller.
Maybe we all end up with Universal Basic income?, but i think that comes after the current system has run out of steam.
What's really freaky is everything seems to be lining up roughly for almost exactly 100 years after the 1929 crash, what is it they say? 'history doesnt repeat but it rhymes.'

Disagree, Europe is in decline by every metric, it a 'has been'. China has better ventures with more up and coming places elsewhere, namley Africa and the middle east.
One big reason Europe has to lick chinas boots now, is they snubbed the U.S (because 'boo his Trump') so now they have less choice. if China is smart they will wait for Europe to get even worse and more desperate so they can get better deals.


Just the other day I was watching an interview with an economist being interviewed on the general direction of travel for global economics and investment in Technology, Energy, and AI, he didnt mention Europe at all, then was asked by the interviewer 'and where is Europe in all this'. His answer? he just shrugged and said 'no where'.

The EU remains China's most important trading partner, while China is the EU's second-largest trading partner. Germany, the Netherlands and Italy are the largest importers and exporters of goods to and from China. More than half of the goods imported by the EU from China are mechanical appliances and electrical equipment.

Thats great, but the fact remains we (Uk and Europe) have been in economic stagnation since 2008, our population replacement rates amongst some of the worst in the world, debt out of control, banks over leveraged, house prices out of control, Disorder Violent crime and terrorism on the rise, cost and standard of living in decline. Poor Energy security, Poor Military security. immigration policy of importing more dependants than contributors. Severe lack of innovation

We are unfortuantly getting alot more wrong than we are getting right. If * IF the end goal is or was maintaining high living standards for working-middle class Europeans, Which I belive it clearly no longer is. It now prioriizes a much broader globalist ideological vision, which is more than willing to sacrifice the quality of living for your average joe. Lets not pretend Europe has a rosey looking future on its current path, it does not. Its clearly hell bent on pushing the Authortiarian Socialst globalist gig as far as it can, until it breaks (which it 100% will) and we snap back to authoritaian reactionary far right isolationism to over compensate in the other direction. I mean Its just so bloody obvious thats where we are headed, history is practically screaming it at us at this point, but you know, no one wants to talk about that. 'Oh but its different now, we're all so clever, cosmopolitain, morally sophisticated and outward looking' < Yeah thats exactly the same attitude they had in the early 1920's too. I fear we are sleepwalking right back in to the same trap, it could be decades before Europe becomes a sensible place run by grown ups again, politically speaking. Europes solution to every problem is 'more top down bloated institutional beurocrasy!' yay.

^ +1 :salute: