Chinese Economics Thread
- Thread starter Norfolk
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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
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?
Well, whether it was inborn cretinism or merely too much sleeping during class, let me make it easier for you: type "35*0.05" and then type "27*0.06" in your calculator. Now come back and tell me which number is bigger.
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?
It is clear the misinformation and agenda is deliberate, not born out of retardation, although there seems to be plenty of indication that both conditions coexist in his mind.
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
How can one claim to be socialist without knowing how outrageously exploitive capitalism is? To claim socialism is better means one knows economy better than capitalists, and therefore should know how to exploit it the best. It is their responsibility to back up their claim by exploit capitalism!
I think you needs better reading comprehension, or just be better at math.
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.
Shhhh don’t let BrokeGambler know or you’ll brake his concentration on cherry picking other articles and data.