passive indexes beat majority of fund managers, everyone knows that. if you can consistently beat an index, you can start to trash Buffett.
American Economics Thread
- Thread starter Bernard
- Start date
Not according to everyone around me. Not according to the price labels I see in the supermarket, the prices of menus in restaurants and fast food chains. Government CPI is fake.
I can see even dog food rise in prices.
Even McDonald Dollar Menu is gone.
That's because an index works from hindsight. It actively takes out poorly performing companies like General Electric and adds new stars like Netflix. The S&P 500 continually changes its list by delisting old companies and enlisting new companies.
The best way to judge an index is to take the index from a certain time period, like the S/P 500 in the year 2000, and where are they now? You will find a lot would have gone down, like Kodak, Blockbuster, etc,.
US imports from China is actually over 18% in 2019, and its bigger in 2020.
Beef and spare ribs prices have double. I am paying $600 more for grocery bills each month compare with last year. Home prices and rent have also increased in double digits. Car prices also have substantially increased. Someone has to be delusional to not see how inflation has become a problem.
Of course it is a problem, I feel that prices have not risen this fast since the 2008 crisis, still not as bad as the stagflation of the 70s.
Isn't that the very definition and psychological profile of a Jai Hind?
All I can say its definitely hurting me in the wallet and I get sticker shocks even when I go fast food for a cheap meal. I get sticker shocks when I go to the grocery and when I go to the supermarket. Everyone around me is noticing it. I see plenty of restaurants have closed and those who remain are jacking up their prices while having fewer and overworked employees.
manqiangrexue
Brigadier
I did. In 2019, they were thinking about whether they could put some there. Nothing further. You can show your evidence or just be wrong again.
They can't catch Huawei in 5G either. America is their cheerleader.
They are behind Huawei and China invents a better wheel.
It's absolutely new. Never before has the US seen nationwide violence with its main government building sacked before. Imagine the American euphoria if ZhongNanHai was overrun...
You see a few people here so that means a few people? LOL Yeah, the most loyal people are those burning up the streets and trying to kill congress members LOL.
In your imagination, supported by no facts. With the opposite being supported by facts.
Too repressive or not repressive enough, the US suffers more incidents of domestic violence and riots than China ever has.
No, I mean Democrats calling Republicans a basket of deplorables and the Republicans saying that Democrats drink baby blood.
By every scientific institute with a reputation against your imagination and wishes.
Imaaagginnnatttionnnn LOL Again. The US can't do shit except grind its teeth to stubs watching China grow and outgrow it. Real trends, not your imagination.
No, American science, even with all the stealing is moving slower than China because China is the best researcher with the most STEM talent and drive.
Violence leading to failure. Has nothing to do with your personal wishes that are as fantastical as they are depraved, certainly nothing a "chill" person would think
manqiangrexue
Brigadier
Nothing you say, especially imaginary or interpreted damage can even be definitively quantified. What is certain is that China is now and for the foreseeable future, continuing to outgrow America. That is what the US wants to stop and that is what it is failing at.
That's your imagination and opinion. But nobody will hire you and implement your ideas so maybe you're not as brilliant as you think.
Small things, easy to lift. Reread it.
The US doesn't even cheat itself with that denial anymore. They've moved past the denial phase and are onto the panic phase. Next is the acceptance phase. You're one step behind.
They are sacrificing long term for short term. Blinken has no choice. China is awake to it. Pompeo and Trump, two of the stupidest people to ever run the USA, wanted to cause China trouble when they were in office. What happens 10 years later is not their problem.
You and all your ideas are idiotic.
You cannot rely on others for your own power. This is as short-sighted as it gets as it pertains to a country that wishes to challenge the global order. A small neutral country like Switzerland can get away with it because it has no enemies but to a fighter, external reliance is a fatal weakness.
Yeah, and it is well on its way to doing it. Being number one isn't easy.
It's inefficient from a monetary point of view but money is nothing compared to true dominance. China has more STEM talent than the entire developed world; it can leave the world behind in tech once the ball is rolling and it is beginning to roll.
Good for the US as they lose all ability to ban tech to China? OK, they'll love it then. It's not all about money; it's about the quality of the growth and the quality of the country. Self-sufficient, high tech, a country like this can defeat a huge high GDP banana republic easily.
Random drivel unrelated to what I wrote.
No, the US dollar needs China or it will be worthless and other countries must use other ways to do business with China, the biggest business in the world.
What a delight! You are uneducated again! China eradicates poverty faster than any nation in the world, and any US president would become religious if he could get 5.8%. But the US is at low 2%.
"The quality of Chinese research papers is approaching that of the U.S. as well. Of the top 10% most-cited papers in 2017, the U.S. generated 24.7%, while China was a close second with a 22% share."
This was in 2017 and it rises every year.
Then why are they trying so hard and failing so often at hypersonics? You say you don't want it, but your experiments tell you lie LOL
China doesn't need to be on par with the US on a per capita level. China can be at a much lower level of development and still have more money and brunt resources than the US for an overtake.
It's doing so now.
The US tries trick after trick but all fail and China keeps growing while you imagine a different trend because the real one is too painful for you.
Actually, nobody ranks the US first. South Korea and Switzerland, I've heard but China has more patents, more industrial patents, more scientific papers, and more highly-cited scientific papers so... you can imagine whichever order you like. The facts are there for sane people to judge.
Building, but much slower than China.
So when do you imagine that Huawei will close? Because as I've heard, they're investing in their own chips, fast progress as well... doesn't seem like something a company on its last legs would do. And the Belt and Road may face some hiccups but Chinese trade is soaring and the US has nothing in comparison. I think once Pompeo was in Malaysia and said the US will invest in a counter to the Belt and Road with a project of their own opening on... $30 million. And everyone laughed and laughed. China's doing well, don't worry. The US, even with sabotage, cannot hope to catch it.
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