He doesn't put it in a very respectful way, but it's a fact. Low Chinese labour costs have been used to make China rich and keep products in the west affordable. It was quite a fair trade.
European Economics Thread
- Thread starter PiSigma
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If they don't solve the energy problem then they'll be providing cheap European labor to Supapowa pretty soon.
And water is wet. More news at 11...
I did find this line amusing
Sure if by "reinvigorated" you meansthe americans are balls deep in your ass, deindustrializing you and making you dependent on them.
Then again, I realized the guy is a Latvian politician, so not particularly surprising.
I did find this line amusing
Sure if by "reinvigorated" you meansthe americans are balls deep in your ass, deindustrializing you and making you dependent on them.
Then again, I realized the guy is a Latvian politician, so not particularly surprising.
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Only way for these people to change is for the entire block to descend into purge style anarchy caused by economies completely collapsing. These people have yet to suffer the consequences so that means there is still ways down to go
When Scholz goes to China to beg, I hope China doesn't go with the original CAI. That treaty should be abandoned and renegotiated from the beginning. Europeans should be taught a lesson, especially with all their politicians openly visiting Taiwan.
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As a german, I can only quote this:
"what a wonderful sight to behold."
tbh, xi should just invite him to the forbidden palace, but let scholz wait for like 6 hours, only to grant him a 5 min audience where xi wishes him all the best for this winter
Maybe then scholz finally gets the message.
FranceInfo announced a record number of bankrupt enterprises in France in the third quarter
11/10/2022 10:40:35FranceInfo radio station, citing Altares data, said that almost 9,000 businesses in France filed for bankruptcy in the third quarter of 2022, a record for the past 25 years.
The first quarter was also pretty bad:
Corporate bankruptcies are on the rise in France
In the first quarter of 2022, 9,972 companies faced insolvency proceedings. This number is up by 35% compared to the same period in the previous year.