Author: knox1234

Trump escalating tensions for losing the trade war is dangerous [Copy link] 中文

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Post time 2018-10-16 13:32:47 |Display all floors
Liononthehunt Post time: 2018-10-15 19:09
It pains indeed, to see the US stock markets tumbling.

Yes, it's very embarrassing 4 them... That's why they're even madder.

Sears   an icon for generations, WAS the largest retailer in the United States for 120 and some years...
   Now they filed for Chapter 11 protection from creditors with the U.S. Bankruptcy Court in New York.




Toy's 'R' Us collapses into Bankruptcy.


And Bank of America Is Now Warning Of Full-On Economic Collapse

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Post time 2018-10-18 21:18:42 |Display all floors
emanreus Post time: 2018-10-16 00:32
Yes, it's very embarrassing 4 them... That's why they're even madder.

Sears   an icon for gene ...

Sears,tThe 132-year-old company has been struggling for several years and is drowning in debt. The final straw was a $134 million debt payment due Monday that it could not afford.
Sears fell out of shoppers' favor over the past decades as online stores and big box rivals, including Walmart (WMT) and Home Depot (HD), beat Sears on price and convenience.

Anyone who wants to understand the failure of Toys R Us in bankruptcy is not going to suffer from a shortage of reasons: Amazon, Walmart, Target. E-commerce. Loss leaders. Price wars. Debt. Private equity. Kids who prefer screens to Super Soakers.


Not much to do with the recent China USA relations.


Anger is an acid that can do more harm to the vessel in which it is stored than to anything on which it is poured. Mark Twain

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Post time 2018-10-18 21:40:42 |Display all floors
emanreus Post time: 2018-10-16 13:32
Yes, it's very embarrassing 4 them... That's why they're even madder.

Sears   an icon for gene ...

The US is on the brink of collapse economically.
Believe it or not, it's true.

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Post time 2018-10-19 02:06:33 |Display all floors
Liononthehunt Post time: 2018-10-18 08:40
The US is on the brink of collapse economically.

The US is on the brink of collapse economically.....

That would be bad for everyone.

Much of the world’s financial systems are anchored on the U.S. dollar which would become worthless. Governments from all around the world own large amounts of U.S. debt which US would default making their holdings worthless. China would immediately be $2 trillion poorer.


The House of Saud would become paupers. All derivative financial instruments would become worthless. $200 trillion would simply evaporate. In addition the hundreds of trillions of dollars worth of derivatives based on US debt would evaporate.
Anger is an acid that can do more harm to the vessel in which it is stored than to anything on which it is poured. Mark Twain

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