Miscellaneous News

Index

Junior Member
Registered Member
They prepping the same seals team to NordStream the TSMC, port of Beirut style...
China should be well ahead of them for that with air strikes. TSMC has become a national security threat, they are preparing to share valuable Chinese trade secrets with America, even if Beijing probably doubts US can replicate the supply chain successfully (let alone at consumer grade costs), TSMC has shown treasonous intent and must be put out within a few years at most.
 

FriedButter

Major
Registered Member
Please, Log in or Register to view URLs content!

Gross payments made through the OnlyFans platform increased by 19% for the year ended Nov. 30, 2023, jumping from $5.55 billion in 2022 to $6.63 billion last year, according to a U.K. regulatory filing Thursday by parent company Fenix International. (Those figures represent payments made by OnlyFans users net of applicable sales taxes, refunds and deferred income.)
It has the potential to become a Fortune 500 company by revenue. Currently, the 500th, O-I Glass' is 7.1B

Wow. That is actually insane revenue growth based on horny people.

In 2021, their annual revenue was $932 million and the owner received a daily $1 million dividend.

Now in 2023, they are making $6.63 billion and the dividend the owner is getting annually must be immense.

Social-media subscription service OnlyFans Ltd. said it paid its owner Leonid Radvinsky about $517 million in dividends since the end of 2020
  • Leonid Radvinsky received nearly $1 million a day in 2022
Revenue rose to $932 million in the period from $358 million a year earlier, as OnlyFans more than doubled the number of subscribers and boosted the number of creators by more than a third, the annual report said.
Please, Log in or Register to view URLs content!
 

gelgoog

Brigadier
Registered Member
This guy is really dumb. Russia recently finished replacing nearly all its truck launched Topol ICBMs with Yars ICBMs. They replaced ICBMs which had single warheads with MIRVed ones with four warheads each. They also modernized their SLBMs. R-29RMU2 can carry up to twelve MIRVed warheads, triple that of its predecessor. Then there is the RSM-56 Bulava, an SLBM designed to pierce US missile defenses by traveling at lower altitude than regular SLBMs, up to 10 MIRVed warheads each.

They regularly conduct tests of their ICBMs and SLBMs. Including volley fire of SLBMs.


When was the last time the US conducted a volley fire test of their SLBMs?

The Russians put the Avangard glide vehicle into service. They are putting RS-28 Sarmat in service. The Poseidon nuclear torpedo, the Burevestnik nuclear cruise missile are finishing trials, etc.

The US has the Minuteman ICBM with single warheads made in the 1970s into stationary silos. And they have refurbished Trident II SLBMs from the 1990s which the British cannot seem to launch properly.
 
Last edited:

chgough34

Junior Member
Registered Member
Once in a while, you show a little life and I get to beat it right back outta you... You just ain't up to what you used to be.

What do you mean, "nope?" You boasted that American debt was mostly in American hands and now I showed that that is much more true for China than it is for the US.
Again, “nope” means you misinterpreted what “external debt” means. I didn’t “boast”, I simply stated a statistic that 2/3rds of treasuries are held by US investors, which largely matched all fixed income products (itself an entirely neutral term; who owns treasuries itself is mostly a statistical artifact, irrelevant for nearly everything). ~$53 trillion in long term fixed income products outstanding (
Please, Log in or Register to view URLs content!
), obviously more short-term fixed income (commercial paper, tbills) and non-listed fixed income (bank loans) which would be a ~300% of gdp face value. Everyone, including China recognizes that foreign ownership of debt is desirable, hence why China also implemented the Bond Connect, so international investors could buy Chinese bonds
And now you're doing that classic shit you always do, after claiming that America is better because it has lower external debt
I never claimed America has lower external debt. I claimed that public debt in the U.S. is on a more sustainable path than public debt in China. External debt is of all debt securities, not just the public sector.
, then when that is proven false, claim that America is better because it has higher external debt LOL. Half the time, it boils down to you vs you.
Indeed. Foreigners being willing and capable of buying corporate bonds, MBS, and the like is a good thing. Foreigners buying treasuries is a good thing. The thing that matters is the sustainability of debt payments; not their ownership per se. Foreign claims on U.S. assets in general, are about the trade deficits which themselves are about savings rates (but that foreigners chose to invest in risk assets instead of stashing it all in a FRBNY account itself shows their confidence in the U.S. and contributes to efficient capital allocation, capital deepening, liquidity, and improves competition)
If China's is unsustainable, we'll see the US collapse first and then then decide if we need to do something about it.
The U.S. isn’t collapsing since Congress will simply fix social security and Medicare proceeding the first failed treasury auction. China’s national debt is also increasing faster than the U.S.’ national debt: that is the definition of more unsustainable.
5 years later is the imaginary situation in your head. The current situation is $1T in interest.
Yes, after Fed rate hikes that moved the policy rate from 0% to 5% which is now headed back to 0%,
Markets "shrug off" a scenerio that I described that didn't happen. What is there to shrug off?
US-China relations really collapsed in 2020. What happened to debt and equity returns in 2020? Hmm….. Ever since US-China relations really veered off track in 2018, equity returns have been fabulous. They aren’t strongly determinative.
That's not what this says.
Please, Log in or Register to view URLs content!
Please, Log in or Register to view URLs content!
“Finding buyers for US debt is the top mission of Yellen. From a medium-and-long-term perspective, China is disposing of US debt,” it says. “Who else will buy it? Japan is the biggest creditor of the US but cannot buy more. The United Kingdom is facing an economic recession and sold $30 billion of US debt in April.”
That is entirely rank speculation unsupported by any evidence whatsoever other than gossip. Plus, it makes no sense she would need China to buy US treasuries since

1) China’s pile of USD would simply be deposited in a FRB/NY correspondent account and the New York Fed can buy treasuries with that
2) U.S. treasury auctions with primary dealers are regularly 2x oversubscribed, even when no primary dealer is a Chinese financial.
3) the same regular buyers of the long end of the yield curve - life insurers and pension funds - are now more willing to buy treasuries given the increasing yields (and even in 2020 when treasuries were yielding nothing, they were buying them hand over fist).
 

9dashline

Captain
Registered Member
Wow. That is actually insane revenue growth based on horny people.

In 2021, their annual revenue was $932 million and the owner received a daily $1 million dividend.

Now in 2023, they are making $6.63 billion and the dividend the owner is getting annually must be immense.


Please, Log in or Register to view URLs content!
America reverting back to the oldest profession... prostitution will probably be legalized soon just like in Australia
 

pmc

Major
Registered Member
Many European/SEA people are quite smart as they live right next to China and can see these changes taking place. When they go to western Europe/gulf Arabs, they can expect 5x salary growth but still barely afford living expenses. For China it will maybe be a ~2x salary growth, but you can live with the budget of a 1970s American family except with 2024s tech.
you cannot compare Western EU with Gulf when look at net salaries , the living standards and opportunities provided in business.
See the Chinese companies registered in Dubai Chamber. but there is some thing beyond wealth that is Soft Power but that is not for every one. when i posted that picture of MIG in Russia i dont think people understood the picture of Golden Domes and its right at the airport. these people hide wealth much better than any one else as they have learned soft power.

Please, Log in or Register to view URLs content!

Tax-Free Salaries in UAE Spark Potential Brain Drain from Europe's Tech Sector​

The study, which surveyed over 5,000 IT specialists across 20 EMEA countries, revealed that 33% of European tech professionals are considering a job change this year, primarily due to dissatisfaction with their current remuneration and limited career advancement opportunities. The UAE's thriving tech scene, coupled with a robust economy and a focus on innovation, positions it as a prime destination for this influx of skilled talent.
In addition to financial incentives, the UAE offers a high quality of life, safety, and a rich multicultural environment, further enhancing its allure to international professionals. Eamonn Hart, Senior Manager of Technology at Hays Middle East, notes that the UAE can also satisfy tech professionals' hunger for AI and exciting projects. 82% of EMEA tech professionals express a desire for AI training, and 40% cite "challenging roles or projects" as a major factor in their job search after compensation

Please, Log in or Register to view URLs content!
Al Ghurair concluded by saying: “As a reflection of the strength of bilateral relations between the two sides, the total number of active Chinese companies registered with the Dubai Chamber of Commerce by the end of last August reached 5,480 companies, including 1,004 new companies


1726342429217.png
1726342439252.png
1726342448629.png
 

iewgnem

New Member
Registered Member
Again, “nope” means you misinterpreted what “external debt” means. I didn’t “boast”, I simply stated a statistic that 2/3rds of treasuries are held by US investors, which largely matched all fixed income products (itself an entirely neutral term; who owns treasuries itself is mostly a statistical artifact, irrelevant for nearly everything). ~$53 trillion in long term fixed income products outstanding (
Please, Log in or Register to view URLs content!
), obviously more short-term fixed income (commercial paper, tbills) and non-listed fixed income (bank loans) which would be a ~300% of gdp face value. Everyone, including China recognizes that foreign ownership of debt is desirable, hence why China also implemented the Bond Connect, so international investors could buy Chinese bonds

I never claimed America has lower external debt. I claimed that public debt in the U.S. is on a more sustainable path than public debt in China. External debt is of all debt securities, not just the public sector.

Indeed. Foreigners being willing and capable of buying corporate bonds, MBS, and the like is a good thing. Foreigners buying treasuries is a good thing. The thing that matters is the sustainability of debt payments; not their ownership per se. Foreign claims on U.S. assets in general, are about the trade deficits which themselves are about savings rates (but that foreigners chose to invest in risk assets instead of stashing it all in a FRBNY account itself shows their confidence in the U.S. and contributes to efficient capital allocation, capital deepening, liquidity, and improves competition)

The U.S. isn’t collapsing since Congress will simply fix social security and Medicare proceeding the first failed treasury auction. China’s national debt is also increasing faster than the U.S.’ national debt: that is the definition of more unsustainable.

Yes, after Fed rate hikes that moved the policy rate from 0% to 5% which is now headed back to 0%,

US-China relations really collapsed in 2020. What happened to debt and equity returns in 2020? Hmm….. Ever since US-China relations really veered off track in 2018, equity returns have been fabulous. They aren’t strongly determinative.

That is entirely rank speculation unsupported by any evidence whatsoever other than gossip. Plus, it makes no sense she would need China to buy US treasuries since

1) China’s pile of USD would simply be deposited in a FRB/NY correspondent account and the New York Fed can buy treasuries with that
2) U.S. treasury auctions with primary dealers are regularly 2x oversubscribed, even when no primary dealer is a Chinese financial.
3) the same regular buyers of the long end of the yield curve - life insurers and pension funds - are now more willing to buy treasuries given the increasing yields (and even in 2020 when treasuries were yielding nothing, they were buying them hand over fist).
Debt repayment isn't just measured in the face value of the currency it's issued in, all soverign nation can issue new debt aka print money to repay old ones, actual ability to repay also include the value of the currency itself, and the value of USD is reliant on the backing of wealth producers which is not US itself. In other words America is only able to repay its debt because China still find it useful enough back the USD, China does because it gives China control over US current behavior and ability to punish US for bad behavior.

The only real thing in the world is wealth, and money isn't wealth. Sustainability of debt has nothing to do with money itself which can always be printed be it at 5% interest or 0% interest, it is entirely driven by wealth creation, and China is the one with wealth, America isn't. Be it through Chinese ownership of UST or China's control of USD, in the end power always belong to those with real wealth.

And no Feds rates won't go back to 0%, you seem to completely missed the reason it went up to begin with, and it's not just inflation.
 
Last edited:

vincent

Grumpy Old Man
Staff member
Moderator - World Affairs
The pro-Ukrainian circus show has been going on for nearly 3 years here and elsewhere. Your optimism is overly exaggerated if you think my stance is going to change on this topic here when I won’t with those clowns.
There are plenty of shit posts on twitter, Reddit and other social media. Are you gonna fight them all there?
 
Top