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theorlonator

Junior Member
Registered Member
Witchhunter12 said:
Of all the unhinged things I've seen US politicians say, this easily broke top 5 and is actually quite serious.

https://twitter.com/i/web/status/1639082023762444289

TikTok in America is not some small outlet with a headcount of several hundred Chinese H1-B's reporting to Mainland HQ, it is a legit operation employing 8,000 people. And unlike Baidu, which only Chinese people use and would want to work for, TikTok is the most recognizable Chinese brand in America so the workforce is very diverse. So in Tom's eyes, everyone from a fresh out of college engineer who wanted the distinction of working for such a recognizable global brand, to somebody who simply spent a few months on contract maintaining the snack room, is committing treason.

I know the general wisdom is that its better for Republicans to win 2024, since they'll deal a deathblow to American soft power and democracy. And that may be so, but do understand that anyone with a yellow face in America will most definately start having to wear yellow stars on their arms.
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Nice I'd love to join as a foreign agent for China.
 
C

CMP

Captain
Registered Member
hullopilllw said:
Pains me to say that listed investment in China for average global investors may not be reflective of actual economic growth too. Does it look like China's economy go up only 3-4x in since 1999 ? And the huge x2 spike and burst( 2008 and 2016) does not reflect well on institutional investors' risk management checklist. SP500's curve on the other hand is relative much more stable.

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Greedy foolish capitalist. That's because their economy is more industrialized instead of financialized. And that's a really good thing. Look no further than modern UK and even US for how a heavily financialized economy can lead you to self-destruction via immense systemic vulnerabilities.
 
K

KYli

Brigadier
The Fed never learned from 2008 financial meltdown and allowed interest rate to stay near zero for 13 years. Now, another domino is going to fall after rapidly raising interest rate to fight inflation. No wonder small and midsize banks are under stress. Its investment in treasures have incurred large losses and couple with loans losses from commercial real estate, small and midsize banks would suffer double whammy.
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horse

horse

Brigadier
Registered Member
Chevalier said:
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Those congressional hearings were really about faceberg trying to steal Intel from TikTok

Other Americans noted how the hearings were like a comedy sketch
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Given the similarity with the Indian penchant for shaking down foreign firms, I have to wonder what is it in the Indo-European genes that make cattle rustling and stealing such an enduring part of the culture?
https://twitter.com/i/web/status/1639418587843825664
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It's really funny.

Those politicians, all lawyers, think of the CEO to TikTok, as some dumb immigrant who does not know the laws in America.

Those lawyers think they can trick TikTok into selling, thereby America will control all the social media of the world.

Well guess what? The joke is on them, because that TikTok CEO is not some dumb Chinese immigrant, he's Singaporean.

And as we all know, Singapore is a Chinese city, in China, China, China, Chyna!

:D:p
 
baykalov

baykalov

Senior Member
Registered Member
I read in Russian Telegram feeds that since the death of the last Ukrainian ambassador to China in 2021, Ukraine has not had an ambassador to China for more than two years. Is this true?

Zelensky complains to Japanese media:

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President Volodymyr Zelensky didn’t receive a proposal to mediate peace between Ukraine and Russia from China, he told the Japan News.

Zelensky said that he gave "straight messages" through the diplomatic channels that he wanted to speak with China's leader Xi Jinping but didn't get a response.

“I did not get a proposal from China to mediate. I didn’t get a proposal to meet,” he said.

Zelensky also expressed skepticism about China’s 12-point proposal calling for a ceasefire and peace negotiations between Russia and Ukraine, saying that “respect of sovereignty and territorial integrity” must come first.

China has so far refused to condemn Russia's aggression against Ukraine and annexation of Ukrainian territories, which is at odds with respect for international law and sovereignty outlined in the plan.
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zbb

zbb

Senior Member
Registered Member
hullopilllw said:
Pains me to say that listed investment in China for average global investors may not be reflective of actual economic growth too. Does it look like China's economy go up only 3-4x in since 1999 ? And the huge x2 spike and burst( 2008 and 2016) does not reflect well on institutional investors' risk management checklist. SP500's curve on the other hand is relative much more stable.

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That just means most of the gains in the Chinese economy did not go to the owners of capital. As opposed to the US, where GDP growth averaged 2~3% per year while the stock market grew much faster.
 
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