Miscellaneous News
- Thread starter bd popeye
- Start date
bajingan
Senior Member
The way things are going in the us it is the americans that are increasingly being pushed into poverty lol
bajingan
Senior Member
Thats why these "experts" who talked about pushing China into poverty truly out of touch of what happening in their own backyard
These people live in fantasy "charlie in chocolate factory" land
It seems like every month groceries are getting more expensive now... I know from personal experience, my late night snack incursions to local Kroger used to be $25 five years ago, today with the same basket of goodies its now $75
Tell me hyperinflation doesn't exists...
Its gonna be all for naught when China finally takes back TW one way or another sooner or later...
lol. In their process of having such a dark wish, they are in the process of doing this to themselves although with they way things are going, it may go to mad max levels while China becomes a true first world nation. Funny how irony works
Boeing should never have merged with McDonnell Douglas. It's only a matter of time before they go bankrupt.
IIRC, Russia (Sochi), Japan (Nagano), Greece (Athens), Italy (Turin), and Canada (Vancouver). I believe there are more. I wouldn't be surprised by Brazil and Japan again. The BIG one was Canada (Montreal).
This have been the trend for the past decade or so. One of the clever ways to hide inflation is charge an item for the same price but in smaller portions. However, we're at the point where such tricks no longer work. Just recently, I noticed a push in local news of using the bicycle to travel within town instead of your car. The excuse is for your health and protecting the environment. But it's all really a way to wean people from using their cars because if they continued to do so, people would notice the increase in their auto insurance and fuel costs. It reminded me of old videos of China where there were more bicycles in use than cars. And the environmentalists here were praising China for acting so "green" without realizing it's about economics.
Inflation is already here. Commodities are over the roof, and the Chinese producers who have for so long kept inflation at bay (for all over the world) are now starting to breaking and having to raise prices.
Make no mistake, if the ultra efficient(huge scale) Chinese manufacturers have to raise prices then that means that the factories in the rest of the world are hopeless and will have to do the same if not more than their Chinese counterparts
Before it was inflation in rich people's assets, now it is coming to the middle class and then to the poor
Make no mistake, if the ultra efficient(huge scale) Chinese manufacturers have to raise prices then that means that the factories in the rest of the world are hopeless and will have to do the same if not more than their Chinese counterparts
Before it was inflation in rich people's assets, now it is coming to the middle class and then to the poor