Considering all that China has invented over the centuries, then that means it was playing under handicap and still was the most innovative society on the planet for nearly all of human history!
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- Thread starter bd popeye
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Considering all that China has invented over the centuries, then that means it was playing under handicap and still was the most innovative society on the planet for nearly all of human history!
OMG,this reminds me of what Hitler said after being informed of the disaster at Stalingrad and the death of at least 250,000 German troops,"in dying and losing they were winning" or that effect-nothing changes with these people.
Who made the survey? Sorry lazy to read.
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While the USG doesn't need people to keep buying its debt (by foreigners or not) is correct in that USD denominated Treasury debt is not at risk of default, as the Fed can keep printing and buying to finance the USG. But doing so is inflationary, which is why govts prefer debt financing, which is not inflationary compared to QE. For other countries, there's a limit of how much one can keep borrowing as eventually the yield would become unbearable. Fortunately for the US, as USD is the world reserve currency, that limit is much bigger or practically unlimited for as long as the USD is the WRC, supported by 800 overseas military bases, petrodollar, SWIFT, and other hegemonic measures.
That said, as interest rates for the private sector borrowing are usually in lockstep with Treasury yields, if those get too high, it would be very bad for the economy. No govt wants a bad economy.
Remember QUAD? What ever happened to that? Wasn't that supposed to be hyped as something for China to fear?
Blue Dot Network（BDN）
Indo Pacific Economic Framework（IPEF）
Global Infrastructure Investment Partnership (PGII)
Build Back Better World（B3W）
India-Middle East-Europe Economic Corridor（IMEC）
AUKUS
Democratic Summit
Feeling old just mentioning above. Did anything even happen?
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It will be even happier after reuniting with the Chinese Motherland and we purge it of the deviants/weirdos/criminals and Hanjians
I think they all became SQUID-salt/pepper squids stirfried over a plate of crispy noodles-Chinese /Guangdong Style-and now after Orange Buffoon's actions/words/insults no antiChina bloc is ever forthcoming except for lowlife india of course.BTW we can mark yesterday as the Day China stepped out onto the world's stage as a full Superpower in that nasty trade war spat episode and Trump blinked and caved not China.
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I have standardsWell,I just bought some stuff from Temu-didn't really need it but wanted to contribute and do my $$part for the "Great East Asian Continental Country-no joke,this is what it said on an item from my last order from Temu"-China!! -even just a little,NativeChicken-great analysis on the current,"Rules based world order" and its historical context.Tygyg111-some of those rather large white sweatshop women in the recent meme might want you to accept "another fleshier form of payment " for rent -best take your vitamins/ginseng /chicken soup