Dow down 750 points due to tit for tat trade war with China. China also

[applegrove]

devalued their currency today. CNN Jake Tapper.

[pwb]

1. But trump said trade wars are easy.

right?

[wishstar]

2. On CNBC an analyst blamed drop on investors "losing faith in Beijing"

while not saying a word about investors perhaps blaming or losing faith in our lying Pres who instigated the whole trade fiasco and keeps tensions ramped up.

[real Cannabis calm]

4. And Trump trade wars extend to nations other than China

Trump’s next 5 months could reshape trade for years
By DOUG PALMER 07/29/2019 09:00 AM EDT

The House adjourned on Thursday, and the Senate will do so this week, without having voted on Trump’s signature trade achievement, the U.S.-Mexico-Canada Agreement.

Talks between the administration and Democrats on outstanding concerns will continue in August. That potentially sets the stage for Congress to vote on the pact when it returns in September, or for Trump to revive plans to withdraw from the North American Free Trade Agreement if House Speaker Nancy Pelosi blocks action on the USMCA. https://www.politico.com/story/2019/07/29/trump-trade-2020-1438979

[Wellstone ruled]

5. Dipshit Donnie

criticize Xi while his own trade Negotiators were meeting with the top Trade People in China. What did these Day Trader Messengers at CNBC think would happen,China would fold,yah right. Last nights revaluation of the Yaun is what happened,now,wait for the dumping of 2 plus Trillion of US debt paper on the world market in the coming weeks if Trump bad mouths them again.

When you get your Trade Advise from the likes of Larry Kudlow,Wilbur Ross and Mnuchin,you are in a world of hurt.

[captain queeg]

3. Might be some truth to this

Every day i read some article blaming whatever happened that day to cause a slight up or down on some half baked theory. Those small adjustments happen for a multitude of reasons. This is big enough to have a specific cause. Just my opinion, and when it comes to economics, not the best track record.

[spanone]

6. Ginned up completely by donald j. trump.