Miscellaneous News

SteelBird

Colonel
Well considering US media already link between Trump's campaigns take down Huawei and Apple stock surge pricing. Then Chinese should start reduce using iPhone. Make Apple and other America company suffering like Huawei so American can stop think they can do everything without consequences. Also this will prevent Trump take credit of America company success and use this to win election.
There's one problem, activists are a small group of people while the majority are the people who only care about their daily lives and in that majority, there's a rather big group of people, especially those who have deep pocket, are fans of iPhone and they only buy iPhone. To some people, iPhone is a symbol of status, of course, not me! I used Huawei, when Huawei banned, I use Oppo.
 

emblem21

Major
Registered Member
Well considering US media already link between Trump's campaigns take down Huawei and Apple stock surge pricing. Then Chinese should start reduce using iPhone. Make Apple and other America company suffering like Huawei so American can stop think they can do everything without consequences. Also this will prevent Trump take credit of America company success and use this to win election.
I wouldn’t worry about Apple too much.


At this time, a company that requires bailout money from the federal reserve to stay a float isn’t going to have very good prospects for the future. There will come a time when all that money printing is going to haunt them. Also, I bet sooner or later, Apple is going to have to lay people off soon given that not only do people in China may there anger know through there wallet, but apples revenues have been decreasing overall due to lack of innovation, so sooner or later, I too am considering something new. If the USA dollar loses too much value, all these over leveraged companies are going to be in for a hard time
 

localizer

Colonel
Registered Member
I wouldn’t worry about Apple too much.


At this time, a company that requires bailout money from the federal reserve to stay a float isn’t going to have very good prospects for the future. There will come a time when all that money printing is going to haunt them. Also, I bet sooner or later, Apple is going to have to lay people off soon given that not only do people in China may there anger know through there wallet, but apples revenues have been decreasing overall due to lack of innovation, so sooner or later, I too am considering something new. If the USA dollar loses too much value, all these over leveraged companies are going to be in for a hard time


Stocks are going up because of cheap money. All the big mega corps are loading up on cheap debt or refinancing which means more gain for investors. Long term inflation will reduce that debt even further.
 

emblem21

Major
Registered Member
Stocks are going up because of cheap money. All the big mega corps are loading up on cheap debt or refinancing which means more gain for investors. Long term inflation will reduce that debt even further.
Oh it is true that all this is good for stocks. But really the stock market doesn’t reflect well in the real market when almost everyone is broke. Sooner or later a correction will take place which is going to screw over a lot of people but if the real economy is such that almost no one an buy a loaf of bread (let alone an iPhone), it would matter how good the stock market is, when a mob of angry people is after that wealth persons head for money (given that Trump has halved the stimulus, not only will no one be buy a phone anytime soon but it is going to ensure that there will be a lot more angry people to deal with).
 

localizer

Colonel
Registered Member
Oh it is true that all this is good for stocks. But really the stock market doesn’t reflect well in the real market when almost everyone is broke. Sooner or later a correction will take place which is going to screw over a lot of people but if the real economy is such that almost no one an buy a loaf of bread (let alone an iPhone), it would matter how good the stock market is, when a mob of angry people is after that wealth persons head for money (given that Trump has halved the stimulus, not only will no one be buy a phone anytime soon but it is going to ensure that there will be a lot more angry people to deal with).

Who knows, it all depends the Chinese leadership/elites. If China also prints money to maintain the 1:7 exchange rate, Chinese will end up paying for Americans' living style again.
 

emblem21

Major
Registered Member
Who knows, it all depends the Chinese leadership/elites. If China also prints money to maintain the 1:7 exchange rate, Chinese will end up paying for Americans' living style again.
Hmmm, we will see, but if none of the matters in regards to the USA economy or the pandemic gets fixed in the USA, things are not going to look very pretty. Let’s see where China’s long term goals lead
 
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