Cyprus-Forum.com

[Get Real!]

For the last time read and learn the process of semiconductor fabrication which by 75% is done by Intel in the USA.

BALONEY!

Who says you can move the goalposts as you go along?

Here’s what you really claimed...

Nearly 100% of all the American hi-tec is designed and developed in the US itself.
Computer processors. I think there are 4, the major ones being Intel and AMD.
75% of everything including design/reasearch/development AND manufacturing of Intel is actually made in the US.

BALONEY!

Listen loser...

I thrived in Australia where, by your own admission you completely failed blaming “racism”!

You see, I studied digital electronics late 80s and early 90s and worked in the industry whereas you only heard about wafers from me yesterday!

Now flush the toilet like a good little boy and be on your way…

[Paphitis]

Paphitis,

Trump has imposed tariffs not only against China, but also against the EU, Canada, and Mexico. He did not impose tariffs on e.g. India, Malaysia, Taiwan, just to name a few that presumably steal jobs from the Americans. All these tariffs are going to cost each of those Countries certain billion.
However as you may well know ALL of those "sanctions" have already been retaliated on the same level..
Clearly the net result is zero.

There’s absolutely no indication that the decrease in unemployment rate and increase in GDP in the US is a result of whatever Trump’s tariffs. All statistics show the improvements started from 2010 (long before Trump took over) and keep on going at the same rate.

What is certain though is that the gap between the real Median Household income and Real GDP per Capita in the US keeps on increasing, while the former keeps on almost steady from 1999 to date.

NB. Press the 10Y button to view historical data on the first 2 charts.

I am not aware about any tariffs against EU, Canada, and Mexico. This doesn't sound like Trump at all. I think you mean meat tariffs. He is trying to protect his own meat industry and farmers. nothing personal against anyone.

Australia is exempt of any tariffs. So maybe the EU, Canada, and Mexico need to negotiate with the Americans.

I actually wish we had someone similar to trump in Australia.

What improvements are you on about?
Did you read the links I gave you???
When I was listening to a speech by Australia's Treasurer, about Australia's latest economic data, he said that Australia has been deposed from the very top of the OECD economies for the first time since I can't remember when. A journalist asked him which country is now at the top. I was literally expecting someone like Finland, Austria, Switzerland, Norway or Denmark. The USA or Britain is usually way back. He answered that it was in fact the USA that is at the top now, with Australia now second. I was left with my own surprise.

In 2010, everyone was on the rebound because in 2008, everyone crashed with a GFC. But this isn't just a rebound we are looking at here. The USA is actually in a boom. And this boom is post Trump.

Yes I read the links. It is just data that is meaningless.

What isn't meaningless is what Trump is doing today that no US President has been game to do for a long time.

Do you understand what I am telling you? The USA right now is leading the OECD. That for me was unexpected. Not in my wildest dreams did I expect the USA to surpass Australia in the OECD GDP Growth. When I heard Australia dropped from first to second, I was expecting some Scandinavian middle economy to be top, but no, it's the USA.

[Pyrpolizer]

For the last time read and learn the process of semiconductor fabrication which by 75% is done by Intel in the USA.

BALONEY!

Who says you can move the goalposts as you go along?

Here’s what you really claimed...

Nearly 100% of all the American hi-tec is designed and developed in the US itself.
Computer processors. I think there are 4, the major ones being Intel and AMD.
75% of everything including design/reasearch/development AND manufacturing of Intel is actually made in the US.

BALONEY!

Listen loser...

I thrived in Australia where, by your own admission you completely failed blaming “racism”!

You see, I studied digital electronics late 80s and early 90s and worked in the industry whereas you only heard about wafers from me yesterday!

Now flush the toilet like a good little boy and be on your way…

Is that all you can do? Randomly quoting disconnected pieces out of context from my original post??

Yes we know you thrived working among indians and Pakis. Who wouldn't

Neeext ®

[Get Real!]

Is that all you can do? Randomly quoting disconnected pieces out of context from my original post??

Yes we know you thrived working among indians and Pakis. Who wouldn't

Neeext ®

Here, let me give you treat as an encouragement so you may continue posting your "enlightened views" on science and technology...

wafers.png

[Pyrpolizer]

Yes I read the links. It is just data that is meaningless.

Of course it's meaningless for anyone who can't recognize the rate of growth from simple charts.
For those who can though, it's clear that the rate of growth and rate of decrease in unemployment in the US has been constant from 2010 to date and nothing has changed in the last 2 years since Trump took over

What isn't meaningless is what Trump is doing today that no US President has been game to do for a long time.

So? What was the result? Did it change the rate of growth or the rate of decrease in unemployment which were ongoing from 2010 to 2016?


Do you understand what I am telling you? The USA right now is leading the OECD.

No, no, no. This is something someone else told you which in fact is totally meaningless
For a start the OECD does not publish an overall indicator to rank countries simply because there can't be such an indicator.
It publishes several indicators some of them economic e.g GDP (PPP) ,GDP( PPP) per capita, Income inequality index, Corruption perception, Economic freedom etc.
Even if you concentrate on economic indicators, still the US is not on top. Luxembourg, Switzerland and Norway were and still are on top as far as GDP( PPP) per capita. Nobody (of the 38 OECD member states) can ever beat Luxembourg at $103,745. Fyi. the US is currently as at $59,532

That for me was unexpected. Not in my wildest dreams did I expect the USA to surpass Australia in the OECD GDP Growth. When I heard Australia dropped from first to second, I was expecting some Scandinavian middle economy to be top, but no, it's the USA.

You can't be serious. Countries like India have a GDP growth of ~ 6%, compared to ~ 2% of the US.
https://stats.oecd.org/index.aspx?queryid=60703

[Pyrpolizer]

Is that all you can do? Randomly quoting disconnected pieces out of context from my original post??

Yes we know you thrived working among indians and Pakis. Who wouldn't

Neeext ®

Here, let me give you treat as an encouragement so you may continue posting your "enlightened views" on science and technology...

wafers.png

The disoriented wafer only knows of posting images of wafers.



Neeext ®

[Paphitis]

The OECD published economic growth rate and it was this that was being discussed by Australia's Treasurer. He was basically bragging about Australia's 2.8% growth rate saying it was the second highest in the OECD. He said Australia had just been toppled by another country.

You do not know what effect Trump's policies are having on the GDP. All we can see is that since Trump has been in office, US GDP growth has accelerated at a good rate. Therefore, his policies seem to be working.

Also, the rate of unemployment has been decreasing in most countries after the GFC. That is what usually happens after a global Financial Crisis and Collapse. But don't tell me that Obama is responsible for all this growth because that is false. Obama was a globalist, and whilst this does encourage growth, it also is a burden on US employment and the USA had much higher unemployment in 2008. Most countries did.

The issue here is Trump's approach. His policies are different. He is a protectionist. He is one of very few going down that path. He is declaring war on Free Trade if it affects and destroys US industry and manufacturing and he is threatening US Companies with tariffs for products that are manufactured overseas. He is also threatening tariffs on imports.

he is also not signing the Paris Agreement or the UN Compact on migration. He is almost on the verge of telling the UN where to go.

We will all see soon enough who has the best approach. So far, the indications are that Trump is onto something big.

[Get Real!]

Pyro, just take your computer back and tell them you’re too fucking stupid to own one...

[Pyrpolizer]

I am not aware about any tariffs against EU, Canada, and Mexico. This doesn't sound like Trump at all.

I forgot to answer this point.
This article explains the major details. Doesn’t sound like Trump you said?

https://www.vox.com/2018/6/20/17485374/ ... port-taxes

[Paphitis]

I am not aware about any tariffs against EU, Canada, and Mexico. This doesn't sound like Trump at all.

I forgot to answer this point.
This article explains the major details. Doesn’t sound like Trump you said?

https://www.vox.com/2018/6/20/17485374/ ... port-taxes

I know the details.

Trump has whacked tariffs on meat imports from the EU, Canada, and Mexico.

I don't see a problem with that. The whole purpose of this is to ensure that imported meat from the EU, Canada and Mexico isn't cheaper and more competitive than US Meat on the US Market, so that US farmers can sell their product and thrive.

That is the whole purpose of tariffs.

Trump knows very well that the EU, Canada and Mexico could do the same and they have the right to do so. It isn't personal, or a "war" or anything like that. It is just a protectionist fiscal policy. This is what Trump promised before being elected and now he is implementing.

Having said that, it doesn't stop the EU, Canada, or Mexico from cutting a deal. Australia, somehow is immune because of the AUS/USA FTA.