Miscellaneous News

[supercat]

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Massive deflation in China due to the over-financialization in China with a severely underdeveloped financial sector and money-centered politics. Instead of finance serving its proper role in facilitating corporate investment, it went to chase speculative unproductive investment in residential real estate (instead of being channeled in debt/equity markets to fund corporate capital structures); yet China did nothing to block these developments, for fear of upsetting the suburban Karen’s of Yangzhou who would’ve lost money.

Now that the real estate bubble has popped; there is no other place to channel household savings other than to deposits at insolvent banks paying no interest, and this has caused a complete collapse in consumer confidence and they are doing hordes of precautionary savings, thus simulatojslt causing more deflation and severe declines in corporate investment, and declining wages., causing the deflationary spiral to continue.

what’s more - it’s clearly feeding into growth, China’s growth at 4% in 2Q24 has made China’s growth positively Latin American/Japanese and what’s even more surprising - multiple US states are growing faster than China. Heck, even Texas, with a gdppc well above the U.S. is growing substantially faster than China

LMAO

https://twitter.com/i/web/status/1833235202396541392

If you like to argue about China's economy, at least get the numbers right. China grew 4.7% in Q2 2024, not 4%. 4.7% is about 3-4 times quicker than Japan, most OECD, EU, and quite a few Latin American countries.

Because it’s poor - China’s GDP per capita is the lowest among the large economies

So? It means China has tremendous potential for further growth. Indeed, China will be one of the fastest growing large economies in the world for the foreseeable future. As for the US, it has rather poor quality of life and a subpar healthcare system compared to other developed countries, as indicated by its life expectancy. Usually, life expectancy is strictly, positively, correlated to per capita income. However, it's not the case for the US. Its life expectancy not only lags behind other rich countries, its life expectancy and healthy life expectancy are even shorter than China's, which is much less wealthy on a per capita basis.

The U.S. has the lowest life expectancy among large, wealthy countries while it far outspends its peers on healthcare​

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China overtakes U.S. for healthy lifespan: WHO data​

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The problem with American oligarchies is that they just can't cope with the reality.

Why America Should Drop Its Obsession With Being No. 1​

A letter from Singapore to the next U.S. president.​

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[Ringsword]

I'm not German, but I think the answer to your question is that the Military Industril Complexes of each country like Germany are trying their best to secure more budget and funding, and what better way to do this is by getting a reaction of some sort out of Russia or China and then crying that they need more money to counter the aggressive threat from an adversary.

One answer stupid krauts: 0-2 and the lost of 1/2 Gemany for 50 years and still no real autonomy-need I remind you kraut dumbasses that this isn't 1899 ,the Kaiser is dead so no Boxer Rebellion to put down and so dead is Deutchland uber alles.So stay the fuck out of Asia/specifically the Taiwan Straits.

 

[Ringsword]

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Indian man slammed for objectifying Chinese women with double-meaning video titles and thumbnails​

To be fair there are quite a lot of Indians online shaming him for his antics.

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View attachment 135455

Call the PSB and get this lecherous evil turd indian out of China.

 

[Ringsword]

Ducks were first domesticated in China as well.

IIRC pigs and chickens(from SEA jungle fowl) as well.No crispy skin on Nanjing roast duck?gotta taste it someday

 

[FriedButter]

It's still unknown if the F-16 was shot down by the Russians. By the panic of spin over this one F-16 going down, it sure sounds likes it's possible.

We don’t know officially but the WSJ did buried this in the middle of their article last Friday.

A Russian missile exploded near the F-16 shortly before it disappeared off the radar, a U.S. official said

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[valysre]

"why did the emperor move the capital?"

IMO ranks top 50 mistakes in history, maybe top 10. Capital would (iirc) have been moved to Xi'an without the rebellion. Significantly better geographical position.
Edit: now that I think about it, the move to Xi'an probably could never happen after the crown prince died.

 

[coolgod]

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U.S. and Chinese military commanders speak by phone for the first time in years​

The two superpowers are working to re-establish military ties in an effort to avoid conflict.

WASHINGTON — The United States’ top commander in the Indo-Pacific region spoke with his Chinese counterpart Monday night, according to three U.S. officials familiar with the planning, as the two superpowers try to rebuild military ties in an effort to avoid conflict.

Adm. Samuel Paparo, commander of U.S. Indo-Pacific Command, spoke with Gen. Wu Yanan, the commander of

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’s Southern Theater, which is responsible for Beijing’s vast claims over the

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. The call was the first time in years that the two regional military commanders have engaged in a formal conversation.

A senior administration official said re-establishing this specific communication channel between the U.S. and China was a priority on Sullivan’s trip.

The two countries also said Biden and Xi would speak by phone in the coming weeks, which would be their first interaction since April.

NBC News reported last month that the White House is

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in November.

US: Please don't do anything in the SCS until I bring a CSG back.
China: Ok, we won't

 

[Chevalier]

https://twitter.com/i/web/status/1833349210818920783

civil war 2.0 can only be prevented by a direct war against China to distract the people.

 

[daifo]

They publicly adding 300 million more to propaganda budget to the previous anti-china propaganda 500 million budget (+ obvious other undocumented amt from state dept, mic, think tanks , black ops etc)

https://twitter.com/i/web/status/1833287403601043518

 

[Ringsword]

https://twitter.com/i/web/status/1833349210818920783

civil war 2.0 can only be prevented by a direct war against China to distract the people.

I am praying for USA Civil War 2.0-fueled by race,hate,drugs,alcohol and utter stupidity as this implosion will maybe save the rest of the world especially China and I'm no hater. but you guys have dug up so much anti-Chinese hate from THEM it's hard not to see red.thanks.