WuWei
224
They who? The counter-protestors were all from Charlottesville?
I already said it was unfortunate. They should have been more patient.
Jezcoe
225
The hallmark of the Trump trade deal is also a failure.
So… to recap.
Trump killed a Pacific Rim Trade deal without a replacement and opened the door for China to control the region in trade with the RCEP
US Manufacturing was down 11% before the pandemic because in part to disturbed supply chains through the trade war
https://www.industryweek.com/the-economy/article/22028495/manufacturing-is-now-smallest-share-of-us-economy-in-72-years
China is cornering 5G layouts in the Middle East
And they are making inroads into Africa with investments.
So yeah… slowed down a ton.
Jezcoe
226
Going to need a link for that
JayJay
227
Yes- true.
The most recent climb began in October.
The root causes have zip to do with Biden’s policy, either enacted or stated.
WuWei
228
No it didn’t. It has everything to do with Jbiden policy.
2 Likes
WuWei
229
There was never going to be any such deal excluding China.
1 Like
Jezcoe
230
I keep hearing that repeated… but the TPP did not include China… so there is that.
WuWei
231
It is not going to happen. China is hegemonic in the Pacific.
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Jezcoe
232
It was… then it got cancelled.
Now it is too late… China already is filling the void.
The window has closed.
JayJay
233
We going to continue to play this game?
It…had…very…little…to…do…with…Biden’s…policies.
It’s all about supply and demand, especially in the short term.
WuWei
234
There was no window. China decides what happens in that part of the world and there’s nothing anybody can do about it.
US rig counts up by 84 since the election thanks to ol’ Drillbit Biden
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WuWei
236

JayJay:
We going to continue to play this game?
It…had…very…little…to…do…with…Biden’s…policies.
It’s all about supply and demand, especially in the short term.
It has everything to do with that moron’s policies.
1 Like
JayJay
237
Of course rig counts are up now that prices are higher.
Jezcoe
238
That is just simply not true… well it is true now that they have penned a trade deal with the nations that we were going to have a deal with… but it wasn’t true when the TPP got torn up.
WuWei
239

JayJay:
We going to continue to play this game?
It…had…very…little…to…do…with…Biden’s…policies.
It’s all about supply and demand, especially in the short term.
The price of oil started climbing on 11/17. Not October.
WuWei
240
It is true. Whatever happens in the Pacific happens because China allows it to happen.
You or anybody else provokes them, it will be ugly. They don’t care.
1 Like
JayJay
241
WTI was $35.79 on October 30.
It has been going up ever since then.
Same with Brent crude.
Same with the OPEC basket.
Oil is rising because OPEC hasn’t reversed their production cuts yet because they don’t know if COVID is over or if there will be a fourth wave.
Zip to do with Biden whose early policy moves haven’t made a dent in supply.
WuWei
242
No. It bounced until Nov 17th
You’re wrong.
All about Jbiden running his cake hole
1 Like