Trading wars impact

Old article on xiaomi:

That’s only corporate taxes and corporate taxes are <10% of total tax revenue collected. That’s more than offset by more people working and paying payroll and income taxes.

Is just talk or really follow COST model? COST makes $ from credit card and membership, where does xiaomi profit come from?

I think bitcoin is a CIA scam to rob rich and corrupt Asians of their dollars:grinning:

Reduces the dollar supply in the market… how much is the total wealth destruction so far… $100Bn?

It moves money from united states to china. What are you talking about? If anything, it’s the other way around.

Not an attitude. Just a warning to drive sanity.

No No No…China banned crypt o currency trading as It moved black money from China to USA !

Ever heard of bitmain? It’s the largest supplier of special machines to mine bitcoins. Its Chinese founder is a billionaire now.

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Wait for state intervention to artificially keep it above that!!

In real terms or paper? Hope he is not buying the hardware from US companies…

What if the bitcoin goes to $1000… who loses more… Asians or Americans…where are the farms…

Ok I was just kidding…back to trade wars!

But its naive to think that US will give up the only competitive advantage it has in the world. The Dollar. The global currency of trade. Helps us borrow indefinitely. Export our inflation. The nectar of good life. Helps us buy bigger houses and cars and drink $1000 wine bottles.

Futures are edging higher… but not hopeful :confused:

Why worry about futures every single night? Are you a day trader now?

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Trade deficit helps maintain USD’s global reserve status. You need a large amount of USD out there for people to trade with and keep in the safe. Be definition that means US needs to hold a current account deficit.

Any option trader is a day trader even if he didn’t trade daily because options have expiry date and time value.

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What a horrible way to live… :rofl:

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Most stock investors underperform. Most day traders lose money. More option treaters lose money.

Because they think that is investment, way of making money with least amount of cash and most amount of return !

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Because they think that is investment, way of making money with least amount of cash and most amount of return !