MRBB has blind American rage. He seethes when he thinks about the USA's big swinging dick.

I'm sure he is on some liberal website right now looking for a come back, wait for it, he's going to call us all racist!

Honey.... I was "guessing". I looked the exact numbers up.

At the low point in 2009 the DOW was 9,663 and when Obama left office it was up to 17,668. This isn't a guess or ballpark; These are exact numbers.

Facts matter.

Facts matter, Obama had nothing to do with QE, it was the only reason the stock market didn't take a shit. Under Trump it's growing because of a strong economy.
Also should point out that the fall of 2008 was 17 months after the Democratic party took control of Congress.

Yes ..... lol .... but Trump says that China should buy the same amount as USA buys : trade deficit 0 ....

You do not agree with Trump ^?????

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

They should buy more things from US, but equal, no. Different kinda country. Intelligual property needs to be addressed and China has been talking about a shot in the arm of one trillion in purchase power to get things rolling. Their economy is hurting now and just think what's going to happen to the stock market when China signs a trade deal?

Every furnace in China is powered by good old Australian Coal ;) Every product that's made is moulded with Australian ore and minerals. China slows... Aus takes the first punch.

.. China increased its purchases 20% in the last year and its escalating this year at unprecedented rates.

https://tradingeconomics.com/australia/balance-of-trade

Chinas current infrastructure build is biggest in world history, America is having to borrow a trillion a year.. from China, just to pay Government wages.

beware the Dragon.. ;)

20% increase for Australia is comparable to to less than the rice import increase for California, which is one of 50 states in the US. You're comparing the elephant to the peanuts, Australia being the peanuts.

Dude New York has a bigger GDP than Australia.

https://i.imgur.com/pbD6B2n.gif

You Red Hats love to pullout NYC and Cali when it suits you huh?

lets spin it another way.. If you combine the GDP of:

Utah, Nevada, Kansas, Washington, D.C., Arkansas, Nebraska, Mississippi, New Mexico, Hawaii, New Hampshire, West Virginia, Idaho, Delaware, Maine, Rhode Island, North Dakota, Alaska, South Dakota, Montana, Wyoming and Vermont..

You get some where close to Australians GDP, about 1.5 trillion but Aus does that with 10 million less people than those states combined.

According to The Global Wealth Report, Australia over took Switzerland last year as the wealthiest people in the world..

https://www.credit-suisse.com/corpor...th-report.html

Median wealth per adult ($US), 2018 Australia $191,453, where as United States is $61,667

So not only is the average Australian wealthier than the average American.. we make you look like a third world country even though that's the best result America has ever had.. so congratulations!

--- Anyways back to topic

Australia is an excellent barometer as to how China is really doing as we primarily export them raw resources which they turn into consumer shit.

And as I showed in the previous post exports this year are up 20%, you want to know when China is really hurting.. listen for the cries of the Australians because we're first inline as raw resource providers to their economy.

Also note one of the few countries with 2 trillion sitting around for Americas infrastructure build is.. Australia, carrot was already dangled for Trump.

https://www.bloomberg.com/news/artic...from-australia

Except the nominal gdp of China and Australia combined is still less than the US

Must be nice living in an all white country?

I just heard that a new report just came out, that there's more people working right now than there ever has been, in the history of the USA.


So with this abysmal job report, Trump once again falls flat on his face. Utter economic failure.

Plus, this. :(

wow thats amazing! its almost like there are more people now than there have ever been, in the history of the USA...its almost as like every single president can claim this...

also dont forget that the stock market is at an all time high! just like it was for every single president before :thumbsup:thumbsup

Its not GDP argument, we know America wins that.

My posts were explaining Australia is an excellent barometer as to how China is really doing/ hurting as we primarily export them raw resources which they turn into consumer shit. Australian exports this year are up 20%, you want to know when China is really hurting.. listen for the cries of the Australians because we're first inline as raw resource providers to their economy. Nothing about GDP let that sink in.

Hopefully USA and China will come to some agreement this year, and stock markets will get a HUGE one off hit from that. China saying they will buy more.. was going to happen anyway, so look for what exclusive USA-China only deals that are brought to the table and if he doesn't get that, you'll get a spike and drop.

The feds gave themselves room to move as well so hopefully they may drop rates that also will be an one off boost to the markets.

The WORLD is in a boom time, basically every countries stock markets are up this year.

Ah Crocodile Dundee times are great to reminisce about ...