China's market did not fall 50% today.

China has already surpassed us economically, if the US$ is loosing it's status as the world reserve currency, our national debt becomes a real issue, things will change quickly.

We are also fighting the current administration in Washington D.C. over being able to haul coal into ports for shipping coal to China. 

According to Richard Duncan (the author of that book I mentioned), Japan is never going to be back up, 'cause the same Japanese organizations are outsourcing their Car manufacturing to China (one example) already and so are some of their other industry related operations...Your take on Deflation and Depression is something I support Totally.

Of course China is booming and a developing country.

Did you notice the market just tanked today on the China stuff? 

The tax is 30% of gross income unless a US Tax treaty is in place.Below is a link to the US/China Tax Treaty.https://www.irs.gov/pub/irs-trty/china.pdfThere is an election to treat the rental income as ECI(effectively connected income).

China, Greece, Bitcoin, Saudi Arabia!

What worries me is how the stock market has reached its highest level while the US and China are in a trade war, our farmers are being bailed out, perhaps losing the customers they once had, talks of lowing the interest rate (if the economy is strong why lower the rate) and bank stocks are going down, 17% from the peak in 2018.....a sign that something is up.

Three sectors — retail, business services and government — are hurting overall job growth.Businesses are spending more on equipment (automation), and that was one of his highlights of yesterday’s third-quarter GDP revisions up to 3.3 percent growth.Regardless of politics and feelings about tone and Twitter storms from President Donald Trump, the U.S. economy is performing well – at least for investors, businesses and the wealthy.Trump’s rhetoric on trade — including China and the North American Free Trade Agreement with Mexico and Canada — hasn’t resulted in all-out trade wars.Geopolitical turmoil, including North Korea’s missile tests, could be the biggest threat to a continuation of the current positive economic climate.