Chinese Economics Thread
- Thread starter Norfolk
- Start date
Agree, the truth is out there, and we do not need highly specialized knowledge to compare two numbers. This was posted last week, and I am glad it is posted again.
https://www.sinodefenceforum.com/t/chinese-economics-thread.3715/page-3054#post-1056306
Because now, in a span of a week, we now all know that England, Germany, Japan are all in recession, and the mainstream media still wants to peddle the line that the Chinese economy is in trouble.
Suckas!
Notice something comrades?
As of today, with the data published, we can say this.
The countries aligned with China, are growing economically.
The countries aligned with the United States, who is funding three separate wars, probably more but who is counting, those countries are in recession.
What a plan!
Usually, war is good for the economy. But those countries found a way to screw that up. Go into recession.
Suckas!
Then to top it all off, President Trump will return like a vadar.
Suckas! Double time, triple time, bigly!
May the contraction be with you; that would be Trump Vadar's blessing.
Suckas!
Then to top it all off, President Trump will return like a vadar.
Suckas! Double time, triple time, bigly!
May the contraction be with you; that would be Trump Vadar's blessing.
Usually, war is good for the economy. But those countries found a way to screw that up. Go into recession.
Suckas!
Then to top it all off, President Trump will return like a vadar.
Suckas! Double time, triple time, bigly!
May the contraction be with you; that would be Trump Vadar's blessing.
War is good for the economy if you know, you can actually make stuff.
This has been obvious in the data for well over a year now.
China's manufacturing sector is already the best in the world and will get even better. But the question that needs to be asked is what happens to the 72% of GDP that is not in the manufacturing sector?
I've long noted that East Asia has built up strength in manufacturing but was relatively weak in services. You saw this in Japan, Korea and Taiwan. And you see it in China now. Trade in services is increasing faster than trade in manufactured goods.
It is possible to continue taking market share from a stagnant sector (in terms of world share in GDP), but if you are not competitive in the faster-growing sector that will be an issue down the line. Not today or 5 years from now, but over time.
We were spending a lot of time here talking about how crappy the China/HK stock market was and it's implications.
But it turns out maybe it didn't matter that much as thought. Both UK and Japan have their stock markets at all time high. And now they're both in recession. Japan lost it's bronze medal to Germany and German economy is already in the crapper! Just how bad is it in Japan then?
What convenient timing on how all of this happened in the same time frame..
But it turns out maybe it didn't matter that much as thought. Both UK and Japan have their stock markets at all time high. And now they're both in recession. Japan lost it's bronze medal to Germany and German economy is already in the crapper! Just how bad is it in Japan then?
What convenient timing on how all of this happened in the same time frame..
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You can spot someone who doesn't know about economics when they equate Stock Market performance to a country's economic growth. Those people (we all know who they are) are either ignorant or have an agenda. Given that I always assume the worst, I will say they have an agenda
The money printed massively by central banks goes directly into speculation and little or nothing remains in the productive economy.
The financial West has been creating money for 15 years to sustain its financial markets...worsening the quality of life of its citizens and sinking the productivity of its societies.
