Chinese Economics Thread

[dfrtyhgj]

The reserve currency is the one needed to buy resources, and that is now the Ruble.

All currencies are now collapsing before the reserve currency, because everyone now know the West will just confiscate their reserves. As I said, Putin is a genius, he killed the West by leaving a little reserve for them to confiscate.


Just look at Japan, they will become cannibals soon.

Europe is not far behind either, they will regress back into the stone age.

Only the USD is safe for now, and that is only because of the Chinese peg. Once China repeg to the Ruble, the West drops dead suddenly in their sleep.

Putin killed the West, he did it the absolutely madman. Plus don't forget the real virus is about to arrive, China is about finished practicing for it. Patient 0 is already in the US. The West is going to dieoff.

 

[Jordy Cold]

The reserve currency is the one needed to buy resources, and that is now the Ruble.

All currencies are now collapsing before the reserve currency, because everyone now know the West will just confiscate their reserves. As I said, Putin is a genius, he killed the West by leaving a little reserve for them to confiscate.

View attachment 87236
Just look at Japan, they will become cannibals soon.

Europe is not far behind either, they will regress back into the stone age.
View attachment 87237
Only the USD is safe for now, and that is only because of the Chinese peg. Once China repeg to the Ruble, the West drops dead suddenly in their sleep.

Putin killed the West, he did it the absolutely madman. Plus don't forget the real virus is about to arrive, China is about finished practicing for it. Patient 0 is already in the US. The West is going to dieoff.

Cope harder , what the hell is "Putin killed the west" when russia is going to be giant North Korea.

 

[KYli]

Still a strong quarter after a few lock downs.

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[ougoah]

Only the USD is safe for now, and that is only because of the Chinese peg. Once China repeg to the Ruble, the West drops dead suddenly in their sleep.

Putin killed the West, he did it the absolutely madman. Plus don't forget the real virus is about to arrive, China is about finished practicing for it. Patient 0 is already in the US. The West is going to dieoff.

Can you please explain what you are talking about otherwise everyone starts thinking you're some random conspiracy theorist. What "real virus"?

 

[9dashline]

The reserve currency is the one needed to buy resources, and that is now the Ruble.

All currencies are now collapsing before the reserve currency, because everyone now know the West will just confiscate their reserves. As I said, Putin is a genius, he killed the West by leaving a little reserve for them to confiscate.

View attachment 87236
Just look at Japan, they will become cannibals soon.

Europe is not far behind either, they will regress back into the stone age.
View attachment 87237
Only the USD is safe for now, and that is only because of the Chinese peg. Once China repeg to the Ruble, the West drops dead suddenly in their sleep.

Putin killed the West, he did it the absolutely madman. Plus don't forget the real virus is about to arrive, China is about finished practicing for it. Patient 0 is already in the US. The West is going to dieoff.

Should have a trigger warning, reading this post just ended my NoFap streak

 

[KYli]

As I have mentioned, China has ample of coal to boost output. At this rate of production, it would easily exceed the target 300 millions increase this year.

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[BoraTas]

China is not collapsing again

https://twitter.com/i/web/status/1515875345668665344

 

[Jiang ZeminFanboy]

China is not collapsing again

https://twitter.com/i/web/status/1515875345668665344

Good thing industry was strong, consumption since 2020 in China is very bad, this q not different 1,3% increase after inflation, joke. Some of the industry is strong because of the demand from the West.

March data
China' March urban surveyed unemployment rate 5.8%[Est. 5.5%; Prev. 5.5%] Jan-Mar urban fixed investment +9.3% y/y [Est.+8.5%;Prev.+12.2%] March industrial value-added +5% y/y [Est.+4.5%] March retail sales -3.5% y/y [Est.-1.6%]

9,3% yoy investment urban up, gdp 4,8% = increase in debt, only plus is real estate stagnant.
So China is increasing debt fast to achieve growth, good luck with zero covid in 2022.

Retail sales is dropping since March, USA total retail sales will be bigger than China in 2022, in 2021 it was almost the same.

 

[9dashline]

Good thing industry was strong, consumption since 2020 in China is very bad, this q not different 1,3% increase after inflation, joke. Some of the industry is strong because of the demand from the West.

March data
China' March urban surveyed unemployment rate 5.8%[Est. 5.5%; Prev. 5.5%] Jan-Mar urban fixed investment +9.3% y/y [Est.+8.5%;Prev.+12.2%] March industrial value-added +5% y/y [Est.+4.5%] March retail sales -3.5% y/y [Est.-1.6%]

9,3% yoy investment urban up, gdp 4,8% = increase in debt, only plus is real estate stagnant.
So China is increasing debt fast to achieve growth, good luck with zero covid in 2022.

Retail sales is dropping since March, USA total retail sales will be bigger than China in 2022, in 2021 it was almost the same.

Everyone seems to be missing forest for the trees. Root cause is deminishing EROEI

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In the postPeakEnergy world of negative-sum games, China must pivot to internal circulation whilsts decoupling from the West/US and only trading with 3rd world and others for raw commodities, energy etc...

Global growth is forever over, China cannot count on West for "demand" going forwards, infact I think Deagel 2025 is onto something here...

 

[Overbom]

Good thing industry was strong, consumption since 2020 in China is very bad, this q not different 1,3% increase after inflation, joke. Some of the industry is strong because of the demand from the West.

March data
China' March urban surveyed unemployment rate 5.8%[Est. 5.5%; Prev. 5.5%] Jan-Mar urban fixed investment +9.3% y/y [Est.+8.5%;Prev.+12.2%] March industrial value-added +5% y/y [Est.+4.5%] March retail sales -3.5% y/y [Est.-1.6%]

9,3% yoy investment urban up, gdp 4,8% = increase in debt, only plus is real estate stagnant.
So China is increasing debt fast to achieve growth, good luck with zero covid in 2022.

Retail sales is dropping since March, USA total retail sales will be bigger than China in 2022, in 2021 it was almost the same.

China should increase its consumption in order to create a stronger internal market which would then support internal circulation and trade with friendly (BRI) countries

However, it should not reach the US' level of consumption, as that would be too damaging in the long term.