American Economics Thread

[hashtagpls]

Scuttlebutt has it that the western elites, ie the Atlanticists are already in agreement for a war against China

https://twitter.com/i/web/status/1371602606733230082

This can only mean the white anglo power structure in the Five Eyes lack the confidence to maintain their hegemony and have decided one final throw of the dice, to sacrifice asian lives to maintain their hegemony.

EDIT:
tbh it fits the mental profile of the white anglo ruling class: 70s, boomers already about to kick the bucket or young racists who never lived through the cold war and have only ever known an asia where they could exploit and don't want to let go of that privilege.

 

[horse]

https://twitter.com/i/web/status/1371602606733230082

Just psy-ops.

The idea is fake because America has to score a decisive victory over China in a war to maintain its hegemony.

If the war is only a tie, then what good is America as the defender of the peace. Worthless!

 

[styx]

@styx I think the main reason for the stagnation is the EURO and the austerity measure impose by EU for the bailout. I think if you maintain the LIRA, you can export your way out of the crisis.

no in the modern world lira can signify only poverty. A country can't sustain a national debt that is over 100% of gdp and have a policy of strenght, Roman empire decline started when they had to "print money" (removing gold or silver percentage to the coins) to pay their army and wars.

 

[horse]

The US Federal Reserve had their meeting an issued a statement, where the dude Jerome said he did not believe they will have to increase interest rates until the end of 2023. It is only March 2021, then it will be 2022, then 2023. That means the US economy will not be back to normal anytime soon.

Please, Log in or Register to view URLs content!

Why am I posting this here?

SMIC will they get to 7nm before the Fed raises interest rates? That is the bet.

Or we can see where is the level of IC domestically sourced products would be in China, when the United States finally raises interest rates.

When the Fed raises interest rates, that is a sign that the US economy has regained it health. By then, the Chinese IC industry may have decoupled from the Americans.

---------- ----------- ------------

In a more perverse thought, that dude Jerome could be financing the Chinese semi industry its start ups.

If the Fed is printing money, then those dollars get flooded into the system and goes worldwide.

Those dollars will seek the hottest investments, and the Chinese semiconductor is a hot sector nowadays.

Why is the Chinese semiconductor a hot sector nowadays? Let's not discuss too many details, it could get complicated.

Just be happy that spring is almost here.

 

[Tyler]

The US Federal Reserve had their meeting an issued a statement, where the dude Jerome said he did not believe they will have to increase interest rates until the end of 2023. It is only March 2021, then it will be 2022, then 2023. That means the US economy will not be back to normal anytime soon.

Please, Log in or Register to view URLs content!

Why am I posting this here?

SMIC will they get to 7nm before the Fed raises interest rates? That is the bet.

Or we can see where is the level of IC domestically sourced products would be in China, when the United States finally raises interest rates.

When the Fed raises interest rates, that is a sign that the US economy has regained it health. By then, the Chinese IC industry may have decoupled from the Americans.

---------- ----------- ------------

In a more perverse thought, that dude Jerome could be financing the Chinese semi industry its start ups.

If the Fed is printing money, then those dollars get flooded into the system and goes worldwide.

Those dollars will seek the hottest investments, and the Chinese semiconductor is a hot sector nowadays.

Why is the Chinese semiconductor a hot sector nowadays? Let's not discuss too many details, it could get complicated.

Just be happy that spring is almost here.

The thing is how to capture the flood of $US as they are being printed. Maybe investing in bitcoin will have big profits. But China is now cracking down on bitcoin mining and other fintech companies.

 

[j17wang]

Scuttlebutt has it that the western elites, ie the Atlanticists are already in agreement for a war against China

https://twitter.com/i/web/status/1371602606733230082

This can only mean the white anglo power structure in the Five Eyes lack the confidence to maintain their hegemony and have decided one final throw of the dice, to sacrifice asian lives to maintain their hegemony.

EDIT:
tbh it fits the mental profile of the white anglo ruling class: 70s, boomers already about to kick the bucket or young racists who never lived through the cold war and have only ever known an asia where they could exploit and don't want to let go of that privilege.

I think the latest hate crime attacks have thrown a wrench in the plan. If you look at the discussion on american social media now, blood is boiling for millions of asian americans. They can launch a war against china for sure, but they will first have to commit to massive internal security operations to neutralize any 5th column. And yes, there will definitely be a 5th column, as for the first time large numbers of asian americans are now visibly scared for their lives and have woken up to the horrors of living in nazi america.

Frankly, America is going to fight china without all its scientific and engineering resources, expect internal casualties from insurgency to be in the hundreds of thousands, and internment of Chinese Americans to be in the millions. Frankly, the more the better, as we all understand this is now a clash to preserve Chinese civilization.

 

[horse]

The thing is how to capture the flood of $US as they are being printed. Maybe investing in bitcoin will have big profits. But China is now cracking down on bitcoin mining and other fintech companies.

What someone said to me a long time ago ...

"Close your eyes and buy!"

Remarkably, that would have worked!

What that Jerome dude at the US Federal Reserve Bank said today, that until the end of 2023 the Jerome dude sees no rate increases, kind of means there is a stop below you and just go buy something, anything.

Investment grade stuff, and not that nutty stuff. That nutty stuff, like tulip bulbs, I do not even what that is.

 

[emblem21]

I think the latest hate crime attacks have thrown a wrench in the plan. If you look at the discussion on american social media now, blood is boiling for millions of asian americans. They can launch a war against china for sure, but they will first have to commit to massive internal security operations to neutralize any 5th column. And yes, there will definitely be a 5th column, as for the first time large numbers of asian americans are now visibly scared for their lives and have woken up to the horrors of living in nazi america.

Frankly, America is going to fight china without all its scientific and engineering resources, expect internal casualties from insurgency to be in the hundreds of thousands, and internment of Chinese Americans to be in the millions. Frankly, the more the better, as we all understand this is now a clash to preserve Chinese civilization.

At this point this will be the spark that will unite the Chinese against the west and ultimately may end up giving China the push it needs to basically fight likely they have never fought before and even inspire all those in the world that has had enough of these Anglo saxons threatening everyone without fear of the consequences. If at the end that these white thrash end up in these so called concentration camps at the end of the day and basically get treated like the Jews in ww2, well I don’t know if I will feel any sympathy.

 

[LesAdieux]

A reality check on the US GDP growth forecasts

fed predicts a rosy 6.5% to calm down the market on inflation and yields. that's not good enough for hedge funds, they come up with 10% China beating forecast. let's do a reality check.

you need employed labor to produce GDP.
the unemployment thing is too fake, let's go for the employed which is more reliable.

at the peak, in 2019 the total employment was 152 millions (ces), at the end of February 2021，the ces was 143, and in the last four months, only 500k were added, if the trend continues, then by the end of 2021, the total employment will be 8 millions fewer than 2019, and 6.5% means the economy is 3% larger, which implies productivity up by 8%.

 

[voyager1]

A reality check on the US GDP growth forecasts

fed predicts a rosy 6.5% to calm down the market on inflation and yields. that's not good enough for hedge funds, they come up with 10% China beating forecast. let's do a reality check.

you need employed labor to produce GDP.
the unemployment thing is too fake, let's go for the employed which is more reliable.

at the peak, in 2019 the total employment was 152 millions (ces), at the end of February 2021，the ces was 143, and in the last four months, only 500k were added, if the trend continues, then by the end of 2021, the total employment will be 8 millions fewer than 2019, and 6.5% means the economy is 3% larger, which implies productivity up by 8%.

Isn't that all GDP growth just inflation?
Basically the US is just printing money to "grow" the economy. This is not structurally-sound growth and it is not based in fundamentals.

Its good that China at least is recognising the risk of this printing of dollars affecting China's economy

IMO, we can only determine the real growth and how a country dealt with covid after 2-3 years to see how sustainable their growth is. Because now there all sorts of distortions and low-based effects from last year in conjuction with the unprecedented increase in money supply.