So Britain can't and won't accept See See Pee victims of the Wegehr genocide then? Oh the humanity!!
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It's either interest goes up or inflation goes up due to their money printing. Terrible dilemma TBH as high interest rates punish borrowing and the wealthy are the biggest borrowers, leading to job loss, but inflation cripples wage earners who consume products, leading to jobs that don't pay enough to live.The effect of the US losing China as their biggest buyer of US debt has knock on effects first in the US
and then in US aligned countries who have to tether themselves to US policies
US having to raise interest rates since China and other nations like the arabs refusing to purchase more U.S. debt means more borrowing pressure on US consumers, Canadian and Australian mortgagees and all of which will lead to greater unrest even revolution. Understand now why the anglos are pushing for war? It’s either that or Revolution where Anglo elites will have to give up wealth and power, and they’d much rather send the proletariat to their deaths than work towards a more equitable world.
And thus we've gotten to the point of damn near actual pogroms. All that's left is for politicians to openly voice their support the attacks.
Goertek is literally a Chinese company and this guy thought he could get away with saying stuff like that?Just a few days ago this Japanese guy announced that Goertek and other supplies to Apple are leaving China. Now he got canned. It is obvious that Goertek doesn't want the spotlight and as an Executive this Japanese guy has low EQ and got easily manipulated by Bloomberg for saying things that shouldn't be said out loud.
It's honestly shocking to me that a Japanese business executive working in China would be that ignorant of best practices. You/your employer/your client do what they have to do, but do not talk to the media without prior corporate review and approval from legal/top management, etc. Where I cut my teeth, it is literally new hire training 101.Just a few days ago this Japanese guy announced that Goertek and other suppliers to Apple are leaving China. Now he got canned. It is obvious that Goertek doesn't want the spotlight and as an Executive this Japanese guy has low EQ and got easily manipulated by Bloomberg for saying things that shouldn't be said out loud.
Exactly, they are in dilemma. They accept job losses and a cooler economy for a few years or inflation could become a permanent feature of the US economy. Maybe I am wrong but if the FED doesn't find a way to undo their excesses then permanent higher inflation could make the US economy behave more like Latin America economies were high consumer inflation and diminishing purchasing power is a feature.It's either interest goes up or inflation goes up due to their money printing. Terrible dilemma TBH as high interest rates punish borrowing and the wealthy are the biggest borrowers, leading to job loss, but inflation cripples wage earners who consume products, leading to jobs that don't pay enough to live.