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WatchlistPaper Trade
Swooping Magpie : Why is the Australian market falling amid two other nations placing sanctions/tarrifs on each other?
Anony6 Swooping Magpie : I think bc China is our largest trading partner and so depending on the fallout of a trade war, we could be directly affected. China fails we could be in trouble. But long-term I think we are better off with a failed China. This could also be a type of proxy war, since China has been flexing around our waters. Beginnings of something bigger? some cold war stuff going on.
152546040 Swooping Magpie : because the whole world is interconnected through trade. No one country is immune with what’s going on.
152546040 Anony6 : “better off with a failed China”…. you obviously haven’t really thought that though have you?!
151825295 152546040 : ha yes they have, they aren't just on the ohh no biggest trading partner waah narrative spread by liberal garbage media. They are a threat and always have been, having pulled economic actions far worse than what Trump has done. people seem to forget what they did during pandemic and how they canceled imports when questioned about it. they manipulate currency so favoyr them, hoard materials to alter market and dump shite products on us too. Yes and played a big part ruining our property market, cheap low interest gov loans to citizens does that now the warships. already been posturing against their neighbour's for some time. if lost all the export then they would fail, actually they hide how badly they are failing, standard commie propaganda. Initial yes, it will be a shock but as op said better to get away so they have no leverage at all. plus looking to others who growing in region. and also forcing companies back here if can. greed needs to be punished. only thing beneficial for overseas cheap really is the markup ratio. which goes to overblown management salary aka the few really benefit.
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