Miscellaneous News

Kaeshmiri

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India is yet to understand that people dont buy Chinese mobiles out of compulsion, they but it because its top quality .

So called Indian Mobile companies source most of their parts from China and then assemble their device in India. What if China retaliates and bans exports of such parts to India? (Too bad China wont ).

This move is in larger context of 5G. India already banned Huawei and now is trying to phase out Chinese Mobiles from 5G market.
 

NiuBiDaRen

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Myanmar envoy becomes 4th ambassador to die in China in less than a year​

  • U Myo Thant Pe died in Kunming on Sunday of a suspected heart attack, according to diplomatic sources and media reports
  • He is the fourth ambassador to die in China in the past 12 months. Since September, envoys from Germany, Ukraine and the Philippines have also died

 

FriedButter

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US Congress gaslight the US with a "inflation reduction" bill that doesn't seem to really address inflation.

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It also hires 80,000 IRS agents and auditors. You don’t need 10s of 1000s of IRS agents to screen over the ultra rich tax records. This is targeted towards the poor. Maybe specifically those earning working as waiters for $4.25 with undeclared tips for tax. Lol.

One way to kill inflation is by killing demand. Fed is doing that by raising rates but what if the Gov comes down with the tax hammer on the poor. The US may see inflation ramp down a bit over a couple years.
 
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