Economics & Finance

China has found the fatal weakness of Trump: his obsession with the stock market.

In the trade conflict with the United States, China has found the fatal weakness of Trump: his obsession with the stock market.

People close to China's decision-making level revealed that Chinese leader Xi Jinping bet that the U.S. economy cannot withstand the protracted trade conflict with the Chinese economy. The reason why China adheres to a tough stance is because it firmly believes that the escalating trade war will lead to the collapse of the U.S. market.

China expects that the prospect of another market crash will eventually force Trump to negotiate at a summit with Xi Jinping later this month.

Trump often treats the U.S. stock market as a real-time barometer to measure his ability to manage the economy, which also makes Chinese officials see its weaknesses.

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Economics & Finance

Most Americans say taxing the rich is best way to reduce federal debt: Gallup
https://www.aol.com/articles/most-americans-taxing-rich-best-164748714.html

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Aol

Most Americans say taxing the rich is best way to reduce federal debt: Gallup

Raising income taxes for wealthy Americans is the most popular way of reducing the federal debt, according to the latest Gallup poll. The survey, conducted in September, asks Americans whether they support a range of methods aimed at reducing the federal…

3 views14:19

Economics & Finance

GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries
https://finance.yahoo.com/news/gofundme-ceo-says-economy-bad-182843671.html

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Yahoo Finance

GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries

GoFundMe’s CEO says more Americans are crowdfunding everyday essentials like groceries as high costs and strained household finances persist.

3 views15:19

Stevens: There’s $1.3 trillion of credit card debt in this country. There are people putting grocery bills on credit cards and then paying interest on them. We are in an affordability crisis. Coffee is up 20%, beef is up 16%, bacon is up over 10%.

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2 views16:19

Economics & Finance

Trump administration will set price floors across range of industries to combat China, Bessent says
https://www.cnbc.com/2025/10/15/trump-xi-china-bessent-price-floor-rare-earth-critical-mineral.html

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CNBC

Trump administration will set price floors across range of industries to combat China, Bessent says

China has driven foreign competitors out of business over the past two decades by using its market dominance to slash prices, Treasury Secretary Scott Bessent said.

2 views17:19

Economics & Finance

Trump threatens to cut US aid to Argentina if Milei loses election
https://www.theguardian.com/us-news/2025/oct/14/trump-threatens-to-cut-us-aid-to-argentina-if-milei-loses-election

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the Guardian

Trump threatens to cut US aid to Argentina if Milei loses election

US president says ‘we will not be generous’ if leader fails to win key midterms after promising $20bn to prop up struggling economy

2 views18:19

Economics & Finance

We chose incompetence
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3 views19:19

Economics & Finance

the ‘America First’ agenda is really paying off, just look at the results
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2 views20:19

Economics & Finance

US aims to raise $20bn ‘facility’ to support Argentina’s struggling economy
https://www.aljazeera.com/news/2025/10/15/us-aims-to-raise-20bn-facility-to-support-argentinas-struggling-economy

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Al Jazeera

US aims to raise $20bn ‘facility’ to support Argentina’s struggling economy

The additional boost, which comes on top of a $20bn currency swap, comes shortly before Argentina's midterm elections.

1 view21:19

Economics & Finance

Millions of Americans are risking health and homes by living without insurance
https://www.marketwatch.com/story/millions-of-americans-risk-their-health-and-homes-by-living-without-insurance-f816efe0?mod=mw_rss_topstories

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MarketWatch

Millions of Americans risk their health and homes by living without insurance

With premiums for health, vehicle and home insurance rising, many struggle to afford coverage. Too often they can’t afford to “go bare,” either.

1 view22:19

Economics & Finance

China Wants Foreign Scientists. The Public Says No, Thanks. Since Beijing announced a new visa to attract young science and technology graduates, a backlash has erupted online, forcing the government to respond.
https://www.nytimes.com/2025/10/14/world/asia/china-stem-visa-racist-backlash.html

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NY Times

China Wants Foreign Scientists. The Public Says No, Thanks.

Since Beijing announced a new visa to attract young science and technology graduates, a backlash has erupted online, forcing the government to respond.

1 view23:19

Economics & Finance

Breaking News: More Bailout Money for Argentina 💰💰💰💰💰💰💰💰💰💰🤝🏽🇺🇸
https://redd.it/1o7pixz
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1 view00:19

2025/10/16 01:10:49
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