China Box Office Thread | Oppenheimer-August 30

[POTUS 2020]

14 hours ago, dudalb said:

And the trade war with China escalated again today with 300 Billion more in tariffs being levied against China.

Hollywood execs are very worried that eventually CHina will include US films in their retaliation by cutting the number of US Films allowed to be distributed in China.

That will kill their theater business which is already hurting 

Tax the shit out of them until we balance out trade. The deficit is ridiculous.

 

NZ will be close to 200m as the final tally is coming in.  Sat PS up 60% and counting at 43m.  Will get up over 75%.

350m+ incoming tomorrow.

$400 $500m locked.  Maybe $600m.  need to see tues hold

TB dropped 10% today,  Odd for a 9.6 rating.  PS look weak for tomorrow

 

 

Edited August 2, 2019 by POTUS 2020

[Barnack]

20 minutes ago, POTUS 2020 said:

Tax the shit out of them until we balance out trade. The deficit is ridiculous.

Why balance trade ?

 

And why tax until Chinese consumer get as rich as American one ?

 

Sound like some old 18th century mercantilism worries, the smallest the trade deficit was for the United State in a very long time was 2009... for a reason.

[POTUS 2020]

17 minutes ago, Barnack said:

Why balance trade ?

 

Visit Flint, Detroit, West Baltimore, and hundreds of other towns and cities across America that were decent places to live and now in ruins due to cheap imports.

They say unemployment is 3.7% but that doesn't include the millions on welfare especially in cities like these.

[Barnack]

42 minutes ago, POTUS 2020 said:

Visit Flint, Detroit, West Baltimore, and hundreds of other towns and cities across America that were decent places to live and now in ruins due to cheap imports.

They say unemployment is 3.7% but that doesn't include the millions on welfare especially in cities like these.

 

If you think these production if they come back that they will be made by humans with well paid union jobs, I think that is a very fetch stretched dream a lot of those imports are not particularly cheap (look at the IPhone/IPad price tag).

 

Detroit for example was well known to make cars, USA had an positive trade balance cars wise with China.

 

Look at graphic of trade deficit:

 

 

 

Trade deficit grew a lot in the 90s, so did Americans household income, when their income lowered trade deficit did too, it is far from being obvious that it is a value that matter in itself and not a reflection of how wealthy American are more than something else.

 

https://hbr.org/2018/07/why-the-u-s-trade-deficit-can-be-a-sign-of-a-healthy-economy

Do a little thought experiment: Imagine that your country is the world’s most attractive country in which to invest capital, because it has the biggest and richest market in the world, and the world’s most used and tradable currency, and it is scrupulous about protecting the rights of investors. Imagine further that its advanced economy is leading the world in the transition to a service-based economy, and as a result, it runs the world’s biggest services trade surplus — by a factor of more than two over the next biggest surplus in the world.

Per standard macroeconomic theory, this imaginary country would run the world’s biggest deficit in traded goods. And it would have absolutely nothing to do with its being uncompetitive or its people profligate. It can’t be the best place to invest and the best service exporter without running a huge goods trade deficit. (Because, remember, all three things have to sum to zero.

 

https://www.cato.org/publications/congressional-testimony/americas-misunderstood-trade-deficit

 

 

2018 was the biggest trade deficit of all time in the USA (with a big 12.4% jump for non petroleum products), because the economy was doing well.

 

Wanting to force it to $0 sound crazy and why Trump is not really doing it, (he is increased it with stuff like is tax cut for good reasons), same go for is eliminating debt talk (that was crazy talk and he is far from doing it, he is doing the reverse and again for good reason)

Edited August 2, 2019 by Barnack

[efialtes76]

Presales 

Ne Zha -52m

The Bravest-16m

WTF! 

[Olive]

400M Saturday？

[Legion Again]

The 5x TLK train is running full steam ahead 😮 

[efialtes76]

Presales

55.6m

The Bravest 17.4m.

[POTUS 2020]

33 minutes ago, Barnack said:

 

If

off topic. you or I will not impact this.  Leave it up to my boy DJT and Mao disciples

25 minutes ago, efialtes76 said:

Presales 

Ne Zha -52m

The Bravest-16m

WTF! 

54m +100% at 1230am and still counting.  Last stalled at 27m.

PS could reach 60m.  Shows are increasing 14%

Hard to imagine it will do 400m. The PSm could drop

If so $600m likely

Just for fun

Total  1668m

Sat       400m

Sun      350m

M-Th   600m

Total   3018m

total after the next 3 weeks with...

                                                if 400m+ sat happens

60% drops   3988m/$578m      $550m locked

50%  drops  4373m/$634m      $600m likely,  need to see Tues hold

40% drops   4840m/$702m      $700m  in the cards, need to see next Fri's number

 

A boomer that bumps the second weekend usually holds -30 to -40% on the third weekend,  we'll see with competition on wed and fri.

[efialtes76]

1 minute ago, POTUS 2020 said:

off topic. you or I will not impact this.  Leave it up to my boy DJT and Mao disciples

54m +100% at 1230am and still counting.  Last stalled at 27m.

PS could reach 60m.  Shows are increasing 14%

Hard to imagine it will do 400m. The PSm could drop

If so $600m likely

Just for fun

Total  1668m

Sat       400m

Sun      350m

M-Th   600m

Total   3018m

total after the next 3 weeks with...

                                                if 400m+ sat happens

60% drops   3988m/$578m      $550m locked

50%  drops  4373m/$634m      $600m likely,  need to see Tues hold

40% drops   4840m/$702m      $700m  in the cards, need to see next Fri's number

 

A boomer that bumps the second weekend usually holds -30 to -40% on the third weekend,  we'll see with competition on wed and fri.

The Bravest rating isn't real imo. 

What do you think? 

[cdsacken]

Trade balance will not be solved with tariffs. Consumers bore the costs of all of them. Farmers get killed and the subsidies don't fix everything. Tarifs for EU ie more taxes for Americans being announced soon.

 

Republicans literally hated tariffs for the last 200 years until Trump came along. They used to hate spending like crazy too. Deficit will reach 30 trillion if trump is in office till 2024 and that's without a recession.

[POTUS 2020]

2 minutes ago, efialtes76 said:

The Bravest rating isn't real imo. 

What do you think? 

9.6 should have had a bump today and it doesnt look like its going to bump much tomorrow.  Its acting like an 8.5.  Looks to be doctored to me by the numbers

[Legion Again]

“Only” $609M needed for top single market animation gross.

[peludo]

This could be the 3rd film of the year over $600m (DOM did it last year for the first time).

 

To think that Endgame, after its amazing run, can finish ranking 3rd of the year is incredible.

[Legion Again]

3 minutes ago, peludo said:

This could be the 3rd film of the year over $600m (DOM did it last year for the first time).

 

To think that Endgame, after its amazing run, can finish ranking 3rd of the year is incredible.

The real reason they denied Endgame’s extension revealed at last 😮 

[POTUS 2020]

6 minutes ago, cdsacken said:

Trade balance will not be solved with tariffs. Consumers bore the costs of all of them. Farmers get killed and the subsidies don't fix everything. Tarifs for EU ie more taxes for Americans being announced soon.

 

Republicans literally hated tariffs for the last 200 years until Trump came along. They used to hate spending like crazy too. Deficit Debt will reach 30 trillion if trump is in office till 2024 and that's without a recession.

If tariffs suck, then the EU, China, India, Japan and others should get rid of them.  They have been taxing us to protect their products while we let them flood our country with theirs tax free good and a lot of name brand knock offs.

I quit the republican party when Bush was elected.  Trump is a business man, not a republican, IMO he would have been an independent but Ross Perot couldnt win as one and we got Bubba Clinton in 92.

Reagan had large deficits too, but his low tax and pro business policies got the budget balanced in the mid 90s with Newt Gingrich pushing it (no, not Bubba's doing)

Medicare and social security are the largest expenditures, thank you FDR.  Shall we cut that?  Stupid program.  Have 22 year olds who have nothing, cant afford insurance, want to buy a home and start a family pay a 15% tax to pay and care for 65 year olds who own homes w/o a mortgage, have adult children and should have savings.

Again we are off topic

21 minutes ago, Thanos Legion said:

“Only” $609M needed for top single market animation gross.

that looking good unless demand burns off this weekend and we get a 20% drop on tuesday

[Olive]

The Bravest OD was boosted by Army day, it should have been since it's about firefighters(a force of army in CHN).

Also OD had a lot of discout tickets.

 

[titanic2187]

17 hours ago, dudalb said:

And the trade war with China escalated again today with 300 Billion more in tariffs being levied against China.

Hollywood execs are very worried that eventually CHina will include US films in their retaliation by cutting the number of US Films allowed to be distributed in China.

So far there is no sign of trade wars is hurting the hollywood business in China.

 

I initially thought EG not getting extension is a gesture of retaliation but that thought quickly got disproved after multiple hollywood films getting an extension despite having much smaller gross than EG. So far, the box office revenue for hollywood films in China is still pretty much intact with what they were having in recent year. No sign of rebellion in mass against Hollywood right now at least financially although online hatred speeches is visible ,

 

[Barnack]

16 minutes ago, POTUS 2020 said:

If tariffs suck, then the EU, China, India, Japan and others should get rid of them.  They have been taxing us to protect their products while we let them flood our country with theirs tax free good and a lot of name brand knock offs.

When was that, that sound like quite the exaggeration ? (And all those place are not close to be as rich as the United States not necessarily example to follow),

 

What was people against when they were against the TPP if the US had no tariff ? If it was only reducing american export tariff and not removing any tariff on entry because they didn't exist, why did Trump walked of it ?

 

In the year 2015, before Trump China was paying an average 3% Tariff, about the same average US good were taxed to get into the EU.

 

 

If there were no tarrif for the list of country you mentioned, the special status of NAFTA would make no sense, no ?

[cannastop]