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JoeWeber

Biden/Xi meeting

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Early reads seem to support the conclusion that Biden reduced tensions, opened business opportunities, gained agreements on reducing Fentanyl component distribution, and calmed tensions over Taiwan. Add to that there will be new leases on Pandas, always and indication of positive diplomacy with the Chinese. Biden truly is the right leader for this time: we're at war with Russia, we are coalescing our NATO relationships, and the economy is much improved with inflation at net zero last month. This and more has been accomplished with an adversarial and dysfunctional Republican party more focused on bullshit investigations than improving foreign relations or the economy nipping at his heels nonstop, day in and day out. The world and our own nation are better off, yes there are subset arguments, since his election. Credit where credit is due. 

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2 minutes ago, airdvr said:

"Look, he is. He's a dictator in the sense that he's a guy who runs a country that is a communist country that's based on a form of government totally different than ours," Biden said.

 

Great, so what is your point? Should we fully distance ourselves from any country that still maintains an absurd Monarchy? Here's a thing for you to think about: China has 34 +/- administrative divisions organized to govern 1.5Billion people. Given what we've apparently learned about the fog lines containing 340 Million people in an ostensible democracy it's completely reasonable, in my view, to suspect that our current form of government would never pass the muster with 5 times as many people to govern.

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40 minutes ago, airdvr said:

"Look, he is. He's a dictator in the sense that he's a guy who runs a country that is a communist country that's based on a form of government totally different than ours," Biden said.

 

Hi airdvr,

IMO all you did was a Cut-n-Paste.  How about some comment/thought on your quote.

Totally useless unless you add something.

Jerry Baumchen

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7 hours ago, airdvr said:

"Look, he is. He's a dictator in the sense that he's a guy who runs a country that is a communist country that's based on a form of government totally different than ours," Biden said.

"President Xi is a brilliant man. If you went all over Hollywood to look for somebody to play the role of President Xi, you couldn't find it. There's nobody like that. The look, the brain, the whole thing," said Trump. 

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12 hours ago, airdvr said:

"Look, he is. He's a dictator in the sense that he's a guy who runs a country that is a communist country that's based on a form of government totally different than ours," Biden said.

 

Although Biden called a spade a spade. I'd prefer if he would have said nothing on the subject. Xi is likely 1/2 as outwardly inclined to just be a criminal as Putin is. But at least he is rational.

5 hours ago, jakee said:

"President Xi is a brilliant man. If you went all over Hollywood to look for somebody to play the role of President Xi, you couldn't find it. There's nobody like that. The look, the brain, the whole thing," said Trump. 

Typical for trump. Obviously angling for more hotel licensees in China once he wins re-election.

Xi will go back and double down on intellectual theft and pandering to an anti-American base. Talk like that keeps business people from wondering why American sales are slowing. But he has enough problems domestically to keep him busy. About 20% of condominiums built in the last 20 years are either vacant or unfinished. Youth unemployment is rising and the rate of growth is slowing. Debt is a big problem, even bigger than America's debt.

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15 hours ago, JoeWeber said:

Early reads seem to support the conclusion that Biden reduced tensions, opened business opportunities, gained agreements on reducing Fentanyl component distribution, and calmed tensions over Taiwan. Add to that there will be new leases on Pandas, always and indication of positive diplomacy with the Chinese. Biden truly is the right leader for this time: we're at war with Russia, we are coalescing our NATO relationships, and the economy is much improved with inflation at net zero last month. This and more has been accomplished with an adversarial and dysfunctional Republican party more focused on bullshit investigations than improving foreign relations or the economy nipping at his heels nonstop, day in and day out. The world and our own nation are better off, yes there are subset arguments, since his election. Credit where credit is due. 

And then he does this

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwj5gNOTqsuCAxWyhIkEHZH-AIgQwqsBegQICRAB&url=https%3A%2F%2Fwww.cnn.com%2Fvideos%2Fpolitics%2F2023%2F11%2F16%2Fblinken-reaction-biden-xi-dictator-vpx.cnn&usg=AOvVaw0NwGvtOEGaFGjAukuKireP&opi=89978449

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1 hour ago, airdvr said:

The TDS is strong.  OP is about Biden and, in part his foreign relations skills.

When you’re in this thread solely to criticise Biden for saying something that you think is right that’s surely a textbook case of BDS.

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16 hours ago, airdvr said:

"Look, he is. He's a dictator in the sense that he's a guy who runs a country that is a communist country that's based on a form of government totally different than ours," Biden said.

 

Biden thinks Xi is a communist dictator.  Trump thinks he is God's gift to humanity.

I know who I want at the negotiating table.

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2 hours ago, jakee said:

When you’re in this thread solely to criticise Biden for saying something that you think is right that’s surely a textbook case of BDS.

It wasn’t me who thought Biden misspoke, it was his Secretary of State.  
Did you see the video?

Edited by brenthutch

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11 minutes ago, billvon said:

Biden thinks Xi is a communist dictator.  Trump thinks he is God's gift to humanity.

I know who I want at the negotiating table.

There is no need to negotiate anything with China.  They have deep systemic problems, none of which are in their control.

“four structural factors holding back growth: demand, debt, demographics and decoupling.

In the case of demand, the authoritarian Chinese government has been reluctant to support consumer spending, fearing a consumer with increased economic power could demand more freedoms.

Household consumption remains only 40 per cent of GDP, well below the global average and income growth has slowed.

The frenzied debt-fueled expansion of real estate and infrastructure that has driven China’s economic miracle was predicated on continued urbanization and an ongoing influx of foreign corporations moving in housing demand is in ‘perpetual decline’ and notes that corporations are no longer opening Chinese headquarters. The end result is an ongoing buildup of debt relative to falling asset values.

China’s demographic situation features a sharp drop in new family formation rates, an aging population and a record low fertility rate. Each trend presents a hurdle to consumption and overall economic growth.

anecdotal evidence of China’s decoupling from the global economy is the near-impossible task of finding a direct flight between New York and Beijing or Shanghai. She views the trend as less about global manufacturers deserting the country and more about geographic diversification for manufacturers. The end result is a significant decline in foreign investment in China.“

China needs us much more than we need them.

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20 hours ago, brenthutch said:

There is no need to negotiate anything with China.

What BH. When a nation is in denouement that is exactly when you want to negotiate and strengthen an alliance of any sort. They won't just blow away quietly and we aren't the only players at the table. 

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7 hours ago, JoeWeber said:

What BH. When a nation is in denouement that is exactly when you want to negotiate and strengthen an alliance of any sort. They won't just blow away quietly and we aren't the only players at the table. 

Not going to lie, I had to look up denouement

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On 11/17/2023 at 9:41 AM, brenthutch said:

There is no need to negotiate anything with China.

Just because republicans are unable to negotiate with China does not mean that we should not negotiate with China.  Like it or not they are our trade partners; most of the stuff you buy at Wal-Mart, Costco, Target etc comes from them.  Thus, getting better trade deals with favorable terms for the US will help our economy and our trade imbalance.

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31 minutes ago, billvon said:

Just because republicans are unable to negotiate with China does not mean that we should not negotiate with China.  Like it or not they are our trade partners; most of the stuff you buy at Wal-Mart, Costco, Target etc comes from them.  Thus, getting better trade deals with favorable terms for the US will help our economy and our trade imbalance.

We would be better off by diversifying our supply chain. There are a half a dozen other countries who are more than willing to take some of China’s market share.  If not for the sunk cost, everyone would be bailing out of China.  BTW if you were worried about our trade imbalance, you would be for maximizing our energy independence instead of depending on China’s solar panels.

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2 hours ago, brenthutch said:

We would be better off by diversifying our supply chain. There are a half a dozen other countries who are more than willing to take some of China’s market share.  If not for the sunk cost, everyone would be bailing out of China.  BTW if you were worried about our trade imbalance, you would be for maximizing our energy independence instead of depending on China’s solar panels.

Would that be the same sunk cost in the airport where you you lost your skydiving job?

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On 11/18/2023 at 5:51 PM, brenthutch said:

We would be better off by diversifying our supply chain. There are a half a dozen other countries who are more than willing to take some of China’s market share.  If not for the sunk cost, everyone would be bailing out of China.  BTW if you were worried about our trade imbalance, you would be for maximizing our energy independence instead of depending on China’s solar panels.

Biden has expanded your energy independence further than Trump ever did.

Lastly, since you have an MBA, so you must be really knowledgeable about this stuff, what do you think will happen to the costs of goods when you do this?

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