Goldman Sachs Analysis: Good Grief, Trump Might Be Serious About China

The Conservative Treehouse ^ | September 15, 2019 by sundance | Sundance

[Texas Fossil]

This is funny in so many ways; especially for CTH readers who have a far better-than-ordinary understanding of the big picture Trump goals around China.

(1) CNBC tweeted this story last night (note the date/time). (2) It is written exclusively from the perspective of the Goldman Sachs analysts who represent the U.S. multinational position. (3) However, the article was actually written on May 12, 13, 2019.

What is funny about CNBC pushing this story, NOW, is how the claims within the CNBC story can be fact checked; and their predictions are, well, absurd (especially in hindsight).   Keep in mind this was written in May, and tweeted last night for some reason:

(Via CNBC) “Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.” (link)

snip

Goldman is also 100% demonstrably wrong.

[Texas Fossil]

Globalist Experts are again demonstrated to be totally wrong and President Trump is totally Correct.

[gaijin]

I started out sorta disliking Goldman Sachs.

Now?

I hate their GD guts.

[dljordan]

“I started out sorta disliking Goldman Sachs.”

Hey, wait a minute! The presidents son-in-law is closely connected with Goldman-Sachs, how can you dislike them?

[Texas Fossil]

I don’t hate many people or businesses.

But it is clear that the Globalists are consistently wrong or they are knowingly lying and pursuing their own agenda.

That agenda is often not in the interest of the stockholders or the citizens.

[Herakles]

For some time I have considered financial news to be “fake” news for the purpose of minipulating the markets and politics. It makes “fake” MSM news look like nothing! Take a look at the sell off at the end of last year, it was all make believe.

[onyx]

Seriesly, folks, we need to start wrapping this baby up. Donate today. [FReepathon LXXVII]

[TheConservativeTejano]

Goldman Sachs Analysis: Good Grief, Trump Might Be Serious About China

Partner, the Chicoms have gotten quite a bit of U.S. Technology with these Supplier Partner ships. If I was a third world country like the Chicoms this is the way to dominate.

We need to stop these "Supplier Partnerships" with the Chicoms, period. The Chicoms almost had the world's supply of Aluminum products. President Trump stopped them cold.

The Chicoms had "Huawei" in the U.S.A. and they laid out flat cold "Motorola" and now "Huawei" is being sold by the Chicoms. Unbelievable.

The Chicoms are stealing and copying U.S. Technology thru these Supplier Partnerships. Quit telling us that the Genie is out of the Bottle on these Supplier Partnerships.

We need to stop this insanity called Preferred Supplier Partnerships and first of all, nobody is a preferred Supplier unless the Technology they receive is free.

[Texas Fossil]

Yes, and they paid $13 billion in cash for Sengenta. Huge ag seed and chemical supplier. Partnered with the 2 major research (K-
State and A&M universities) institutions/breeders of wheat seed. (Sengenta was a Swiss company before the sale, so much for the smart globalists)

And they bought the largest pork producer/processor in the US. Smithfield Farms.

They have US dollars to do a lot, due to operating with their slave labor and their currency manipulation.

[Texas Fossil]

Yes, today almost all “news” is fake news.

[TheConservativeTejano]

Yes, and they paid $13 billion in cash for Sengenta. Huge ag seed and chemical supplier. Partnered with the 2 major research (K- State and A&M universities) institutions/breeders of wheat seed. (Sengenta was a Swiss company before the sale, so much for the smart globalists) And they bought the largest pork producer/processor in the US. Smithfield Farms. They have US dollars to do a lot, due to operating with their slave labor and their currency manipulation.

Partner, personally I think that a lot of CEO's are getting the big picture on the Chicoms. Unfortunately, some CEO's still want to do business with the Chicoms.

We got into this mess from the last 4 Presidents. George H.W. Bush, the Clintoons gave the Chicoms a lot of high tech technology for big $$$ into the Clintoon foundation, W. Bush, and the last and worst is the America Hating Piece of Work Obama.

When I saw the Chicoms supposedly producing GM cars in China using the latest technology which took us years of research to produce the assembly line. The America Hating Piece of Work gave this technology to the Chicoms free of charge.

Folks in this country should understand that American Know How and American Ingenuity gave us the Car Assembly line. It just does not fly when you give this technology to the Chicoms of all people. We are so P.O.ed by this.

[TheConservativeTejano]

Yes, today almost all “news” is fake news.

Partner, u ain't lying!!!

[Texas Fossil]

Yes, PO’ed is an understatement.