Chinese Economics Thread
- Thread starter Norfolk
- Start date
Waiter job can die, along with tips.
The charts shown in the above post.
Outside of the two quarters that were a shut down due to covid, China economy experienced no recession as long as anyone can remember.
Growth will be slower than before, as this is a very big economy.
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I got no comment on these charts, other than what is the big deal?
The explanation to the charts themselves, all indicate growth.
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I got no idea what this means, and what the authors of the article is trying to say.
Deposits are increasing, because the proletariat got money and they put it into the bank.
Loans are not being made as fast as money coming in, but so what? If they want to look at money supply and the creation money to be put into the economy, just look at money supply. Why look at this? Either they are imbeciles, or they got an axe to grind.
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This chart is somewhat interesting, but first and foremost, we must realize the fakery of it.
This is Chinese trade measured in USD, and as we know, given the inflation in the US caused by the reaction to that war, interest rates went up in America, and money flowed into the USD driving it up. Therefore, this chart has to look this way, due to the foreign exchange rate manipulations!
I would like to make a comment on the exports, because there is a recession in Europe or stagnant growth again, and for imports the PRC wants to continue on its import substitution, ah, forget it. You know what I am saying.
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Conclusion.
So why the heavy handed propaganda from the American media about the Chinese economy imploding, when this is no evidence for it?
Every single one of the charts presented, even the last one, tells us that there is growth. Every single one of those charts.
It could be a 1984 move, to try to keep US allies on board.
Look at it this way. The expansion of BRICS, is shaping up to be a geopolitical disaster for the self-appointed world policeman.
If the allies bolt, that is a complete geopolitical disaster for the world policeman.
So this FUD campaign against the Chinese economy, seems like a ploy to buy time, to straighten the ship, then get that back on track then take on China. Right now, it is tough to do that.
Simply because China will grow at 5% this year, and 4% next year according to Moody's, while America will have 1.9 % and 1% the following year.
That's problem. We have to deal with too much bullshit when reading the news.
We need more Hauwei Mate 60 Pro stories from mainstream media!
lcloo
Captain
I have refrain from reading Nikei news for a long time. It is a Japanese equivalent of Bloomberg.com.The charts shown in the above post.
Outside of the two quarters that were a shut down due to covid, China economy experienced no recession as long as anyone can remember.
Growth will be slower than before, as this is a very big economy.
---------------------------------------------------
I got no comment on these charts, other than what is the big deal?
The explanation to the charts themselves, all indicate growth.
------------------------------------------------------
I got no idea what this means, and what the authors of the article is trying to say.
Deposits are increasing, because the proletariat got money and they put it into the bank.
Loans are not being made as fast as money coming in, but so what? If they want to look at money supply and the creation money to be put into the economy, just look at money supply. Why look at this? Either they are imbeciles, or they got an axe to grind.
--------------------------------------------------------------
This chart is somewhat interesting, but first and foremost, we must realize the fakery of it.
This is Chinese trade measured in USD, and as we know, given the inflation in the US caused by the reaction to that war, interest rates went up in America, and money flowed into the USD driving it up. Therefore, this chart has to look this way, due to the foreign exchange rate manipulations!
I would like to make a comment on the exports, because there is a recession in Europe or stagnant growth again, and for imports the PRC wants to continue on its import substitution, ah, forget it. You know what I am saying.
-------------------------------------------------------
Conclusion.
So why the heavy handed propaganda from the American media about the Chinese economy imploding, when this is no evidence for it?
Every single one of the charts presented, even the last one, tells us that there is growth. Every single one of those charts.
It could be a 1984 move, to try to keep US allies on board.
Look at it this way. The expansion of BRICS, is shaping up to be a geopolitical disaster for the self-appointed world policeman.
If the allies bolt, that is a complete geopolitical disaster for the world policeman.
So this FUD campaign against the Chinese economy, seems like a ploy to buy time, to straighten the ship, then get that back on track then take on China. Right now, it is tough to do that.
Simply because China will grow at 5% this year, and 4% next year according to Moody's, while America will have 1.9 % and 1% the following year.
That's problem. We have to deal with too much bullshit when reading the news.
We need more Hauwei Mate 60 Pro stories from mainstream media!
They spin a lot fake news and fake analysis. The current one that has been spinned for few months already is the "Severe Down Turn of China's Economy" and "High Unemployment rates of Youth in Cities" (which they include the large number of students currently studying in colleges and universities in cities".
The crazy sales of US$965 Huawei Mate 60 Pro shows that Chinese have huge purchasing power that defied MSM's spinning of severe economy slow down in China.
The English version of Nikkei is just another mouthpiece of the Anglo world.
The Japanese version used to be based and relevant.