One can always learn from major biscuit, that 5% growth in China is more than 8% of India and than 6% in USA, nevermind that China GDP is between both."Unadjusted for inflation" kek.
Even if US is growing 1 or 2% faster, there is still a signficant gap they need to cover, plus 5% of China is more in absolute terms than 6% of USA. Ofc since it's unadjusted for inflation, they aren't even doing that.
Cannot help but remember the classic jai hind bragging: "we grow by 8% when China only grows by 6%", yeah but because China is also 3 times larger, that 6% is a lot more, and the gap has actually widened. Tho at least uncle jai's growth was adjusted for inflation.
their money is going to get confiscated just like the oligarchs after Ukraine, then Xi will hold absolute power just like Putin - their worst nightmare.One can always learn from major biscuit, that 5% growth in China is more than 8% of India and than 6% in USA, nevermind that China GDP is between both.
"Retail investors who have lost faith in the domestic equity market have coined a slogan: “put your trust in the fate of the nation, but put your money in the Nasdaq.”
Reading this i thought of you guys, always patriotic and positive and never one can spot a negative vibe related to the crashing Chinese economy on this forum. And of course no one cares about investing in China because *if* he earns something it's obvious where he will put his money
Failed basic maths class did you?One can always learn from major biscuit, that 5% growth in China is more than 8% of India and than 6% in USA, nevermind that China GDP is between both.
Xi doesn't hold absolute power yet, seeing by all the crying the oligarchs are able to do.Xi already holds absolute power and I wonder when he will officially announce the closure of the Chinese markets in mainland and Honk Kong for foreigners. Because current Hang Seng levels already reflect such conditions. And of course this will automatically cut all Chinese foreign investments as well. And given that there is really no stock and bond (evergreen, etc) markets in China the only options for the unfortunate locals with some money left will be either gold (6 feet underground to avoid confiscation) or bitcoin on hard wallet, although I'm not sure if Chinese can still buy bitcoin..
Why even bother talking with someone who misrepresents a 10T stock economy that is less than a third of Chinese GDP as equating to 41T US stock economy which is nearly twice their GDP when it comes to overall economic performance?
Also SDF: Put your faith in socialism but put your money in capitalism.One can always learn from major biscuit, that 5% growth in China is more than 8% of India and than 6% in USA, nevermind that China GDP is between both.
"Retail investors who have lost faith in the domestic equity market have coined a slogan: “put your trust in the fate of the nation, but put your money in the Nasdaq.”
Reading this i thought of you guys, always patriotic and positive and never one can spot a negative vibe related to the crashing Chinese economy on this forum. And of course no one cares about investing in China because *if* he earns something it's obvious where he will put his money
I think you needs better reading comprehension, or just be better at math.One can always learn from major biscuit, that 5% growth in China is more than 8% of India and than 6% in USA, nevermind that China GDP is between both.
Pretty presumptuous and bold statement. How do you know where others put their money? Any data to back that up or is it just “trust me bro”. I’m pretty sure it’s the latter with you.And of course no one cares about investing in China because *if* he earns something it's obvious where he will put his money
Shhhh don’t let BrokeGambler know or you’ll brake his concentration on cherry picking other articles and data.