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BlackWindMnt

Major
Registered Member
I get that you are a supporter of China but being ignorant is not a good way of doing it. Deflation is very bad for the economy. Thats economics 101.

Deflation is a sign that people are not spending money, cause either they don't have jobs, or are trying to pay off debt, or too afraid of losing jobs in the future and thus saving money. So, when there is not enough customers, sellers reduce price. That's a very bad sign. Deflation only happens when there is a recession. Is China in recession? It kind of is when several sectors are declining like the huge property sector and export sector.


But China also has a lot of other sectors that are growing to sort of cover up the declining side of the economy. But that cannot cover all the bad things happening.

What China needs to do is monetary expansion by raising the money supply by the central bank. Which they are doing a little bit but need to do a lot more.

What they can also do is Government spends more since the consumers are not spending. That means more fiscal spending. But again is being too cautious and Government is not taking on too much debt to do fiscal spending.

Overall, China being too cautious and that's why you have deflation. Not a good thing for the economy.
People always say inflation is here because "Too much money chasing too few goods", people who watch western economic bullshit always focus on the too much money. But you hardly hear them talk about the too few goods, so what is the reason china enjoys deflation might it be that china has scored some really nice commodities contracts with Russia like access to cheap food and gas. Also China is recovery from a avian flu and africans swine flu animal stock culling that happened in 2018 and 2019 etc.

So without some proper investigation its a bit soon to say its a bad thing. Also just because the western school is eternal inflation based doesn't mean the rest of the world has to follow them. Cheaper cost of living could also mean higher consumer goods consumption.
 

ficker22

Senior Member
Registered Member
People always say inflation is here because "Too much money chasing too few goods", people who watch western economic bullshit always focus on the too much money. But you hardly hear them talk about the too few goods, so what is the reason china enjoys deflation might it be that china has scored some really nice commodities contracts with Russia like access to cheap food and gas. Also China is recovery from a avian flu and africans swine flu animal stock culling that happened in 2018 and 2019 etc.

So without some proper investigation its a bit soon to say its a bad thing. Also just because the western school is eternal inflation based doesn't mean the rest of the world has to follow them. Cheaper cost of living could also mean higher consumer goods consumption.
Western econ 101:

Paying for a new phone, car, PC, smart home, home based PV -> Broke

Paying 10k for foodbills, energy, rent and surgery -> Woke
 

AssassinsMace

Lieutenant General
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Don't believe Merck is going to have manufacturing bases in each country they do business in. That's just a smoke screen. I've been saying this a long time that Western countries are going to have to have two manufacturing bases if they want to do business internationally. One for the US and one in China. That's the only way they can compete internationally if the want to keep making money. The one for the US is about avoiding US and any domestic politics. The one in China is for selling to the rest of the world. What is the US going to do? Tell their companies and their allies' companies where they could only manufacture? If that happened they won't be in business after that. This is the part where they realized threatening to decouple from China was bad for them hence why now they're changing it to de-risking. They still want access to the Chinese consumer market and manufacturing. Without it, they make no money and every one of their products goes skyrocketing in price. Why now? Because Tesla is implementing that model and is selling their cars around the world from their China factory hence why VW is planning to do that and now Merck.
 

Michaelsinodef

Senior Member
Registered Member
Pretty unrelated news but Alex Jones seems to be getting unbanned soon

YES - 70%
NO - 30%

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He's a joke though.

Especially on how he blames China for nearly everything lol (like he should be blaming jews for many of the claims he makes, such as control/dominance over media, bribing/buying politicians etc.).
 

HereToSeePics

Just Hatched
Staff member
Moderator - World Affairs
Registered Member
BS! Show me the satellite images, not the aerial drone images. Finish the project first, then talk!
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Found it! (making no claims to whether it's finished or unfinished or at the stated GW capacity, but simply to respond to the satellite images statement)

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Screenshot 2023-12-09 at 6.28.02 PM.jpeg
 

BlackWindMnt

Major
Registered Member
He's a joke though.

Especially on how he blames China for nearly everything lol (like he should be blaming jews for many of the claims he makes, such as control/dominance over media, bribing/buying politicians etc.).
"The jews" are just placeholder until the new enemy script has been written. They will blame everybody except western oligarchs etc..
 

coolgod

Brigadier
Registered Member
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