Got intrique to see president's smile which your post did not readily show.
She seems to be quite happy with it.
Coronavirus 2019-2020 thread (no unsubstantiated rumours!)
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Got intrique to see president's smile which your post did not readily show.
She seems to be quite happy with it.
2 months i was actually going to say. xd
Jura The idiot
General
in the most recent development (and obviously related to the virus), the Q1 GDP of China dwindled by more than six percent; I linked the press release 6 minutes ago
FriedRiceNSpice
Captain
Yeah, I literally cannot comprehend what led Mnuchin to make such an idiotic and ridiculous statement. How can someone be that out of touch with reality??
Although I'm not a big a supporter of just printing checks for everybody across the board - it is just going to lead to high inflation and delay the inevitable economic consequences of debt overloading. I think the stimulus should be more targeted towards people that 1) legitimately lost their sources of income due the pandemic and 2) are in real economic need to replace their lost income. I don't really think someone who is still currently employed and making $130,000 a year really should get a $2000 check every month - save the money for the small businesses and people that lost their jobs who really need it.
Jura The idiot
General
We often hear stories of people like Buffet and Gates and how they grew up normal and totally like us and likes hamburgers.
Then you see reality videos such as
Buffet says he’s never bought anything by himself. Gates thinks a box of pasta is $10.
Rich people do not understand middle class or poor living.
manqiangrexue
Brigadier
This is Wuhan's version of the NYC edit by over 3,000 and the French edit for when they didn't account for senile home deaths. Everybody's under-reporting in the heat of things cus there's no man-power to posthumously confirm deaths but afterwards, the numbers get sorted out and go up. I'm fairly certain that there will be more revisions going forward for countries that are still fighting it now.
They can sure try, but they cannot move out the existing factory, the equipment, the investment and the trained people out of China, which will end up being taken over by some one else and some local company, and all these skilled labor --- the most important asset of any company --- working for someone else. The foreign company can make a new plant somewhere, but might likely still have to buy the equipment, raw and processed materials from China. As what happens, so many foreign companies are losing or have lost manufacturing expertise --- you truly need a human base of STEM graduates to produce engineers and plant managers, as well as engineers that can design and manufacture the factory equipment.
Its just like trying to set up a face mask factory in the Philippines.
You still have to buy the machines from China.
You still have to buy the materials to make the masks from China.
After paying all the duties, along with potential bribes, you may realize those importing face masks directly from China are out pricing you.
Take Purell for example, the hand sanitizer. Turns out the machines that make them require electronic components from China.
As for the company that ended up making a factory offshore China somewhere in South East Asia, it will ironically end up competing with whoever took over their former assets in China. And this, will still requiring shipping raw materials from China --- freight and tax duties makes the Southeast Asian product more expensive --- compared to the Made by Your Former Factory in China, which doesn't require the hoops to get their raw materials and have a more steady and lower cost electrical power supply to run the factory.
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Jura The idiot
General
Yesterday at 8:17 PM
Coronavirus: no ‘business as usual’ with China after pandemic, Britain says
oh and before I forget, some member
didn't see moderation instructions yet, LOL
related, also France inside
Coronavirus: no ‘business as usual’ with China after pandemic, Britain says
- Foreign Secretary Dominic Raab says ‘hard questions’ need to be asked following Covid-19 outbreak, in latest sign of hardening attitudes towards Beijing
- France’s Macron says there were grey areas in China’s handling of disease, adding that ‘things happened that we don’t know about’
oh and before I forget, some member
called "a review of @Jura's status" Yesterday at 8:21 PM
didn't see moderation instructions yet, LOL
Jura The idiot
General
OK but the Chinese narrative has a problem now, actually I've noticed the SCMP story (I wouldn't otherwise link it as there isn't much inside)
which appeared even before the press release