Bye bye mini boom
Discussion in 'Oilfield Trucking Forum' started by bertita1986, Jun 5, 2018.
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Wait till the 25 year Chinese economic depression hits.
Oldironfan, rabbiporkchop and bbq247365 Thank this. -
Do you mean when they finally stop building surplus cities jus to artificially inflate their GDP? Of course they are putting those massive trade dollars that we give them into their every growing military. But Trump is mean...because he dares to point out how they screw us on trade and have long had import tariffs on our good.jsnell, Oldironfan, Maj. Jackhole and 1 other person Thank this.
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I just want to point out, that China's gov't didn't come up with the idea of building up a manufacturing base. American companies went over there and put up factories, for cheap labor and to screw over American workers for wanting good wages. The leaders let them do it, because they get a cut of the savings. It's those big corporations that have gotten the import terms that they've wanted. What happens with the new trade policies, is yet to be seen. But I imagine there's going to be even more suffering by Americans, before things get better. If things get better.Oldironfan, Prof.Gringo, BoostedTeg and 3 others Thank this.
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Msm will have you believe that Trumps tariffs hikes are just him being an isolationist bully. Truth is Trumps actions are leveling the trading field. This is a response to the high tarrifs these other countries are charging us while demanding tariff free trade on their goods.
RockinChair, jsnell, exhausted379 and 1 other person Thank this. -
They announced to add more oil to the market to keep the price down but oil went up instead.
Price goes higher they keep drilling -
Now the rates need to Triple so I can go back to work. I don't think I'll be holding my breath though
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This might turn into political and get moved, but I don't believe a President can really do that much without an "establishment" approval. It's just big business decided the time has come for things to change.rabbiporkchop, Maj. Jackhole and Oldironfan Thank this.
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This year and next we just need to get the best we can out of this. It's like a gold mine right now. I think the next crisis will hit right after the next President election, gotta enjoy this while it lasts
BoostedTeg, bbq247365 and Oldironfan Thank this. -
Depends who gets in. The right is drill drill drill the left is keep it in the ground.
At least we know which is which so we can plan accordingly
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