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siegecrossbow

General
Staff member
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Overbom

Brigadier
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lol. Prep your popcorn
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US government risks running out of cash as soon as June 1, Janet Yellen warns​

Biden invites Kevin McCarthy to White House next week as worries grow about debt ceiling crisis
“After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time,” Yellen wrote.
 

MortyandRick

Senior Member
Registered Member
Good should have happened much earlier. 'Legalized' spies essentially those due diligence companies from the west.


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Figures such hypocrisy.
When China raids offices it's due to paranoia. When US stops a battery factory form being built in the middle of butt f*** no wheat, it's considered prudence.

I applaud china to do more of this.
 
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tokenanalyst

Brigadier
Registered Member
Well they should thanks decades of Anti-China bias and slander by Western media for weakening the trust and then the Anti-China Hawks in D.C. with their sanctions and export controls for destroying what little trust remained.
Either way you can access most China relevant data for free from the their statistic website
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and other sites in China.
 

manqiangrexue

Brigadier
North Korea has been preparing well to finish the south scum off
They've been preparing very very poorly, like a person who pays every penny he can afford to abate his debt but it still grows larger due to interest. This isn't for lack of will, but because they were economically choked off due to their extreme emnity towards the US and west (for good reason, of course). North Korea spends 25% of its GDP on the military but it's still falling behind South Korea's <3% spending every day on military tech. Everywhere else is a run-away for South Korea. North Korea can't afford any new jets, still flies Chinese J-5 with some barely maintainable old MiG-29 as their top fighters to defend Pyongyang. South Korea has swaths of F-16, F-15, F-35, and they're now designing their own 5th gen fighter. They started at the same place after the end of the Korean War. This shows exactly why burying yourself in hate when you are at a low level is counter-productive. Lots of Chinese may, for idolizing a US that antagonizes China, seem spineless especially compared to North Koreans who would rather go on a suicide mission before shaking an America's hand. But some of those Chinese people went abroad to humbly learn and they brought back the technology to turn China into a true competitor against America while those North Koreans can't produce results for their country.
and checkmate the US militarily.
That's literally impossible for North Korea. They would have to invent a new tech that can deflect all American nukes while getting hypersonic nukes themselves. They are too poor to even keep up not to mention jumping ahead.
 

pmc

Major
Registered Member
It is not just 20 billion USD. That would be like just 100 yatches. We know Russian oligarchs sent way more money to Europe and North America. We know half a billion unrecorded money from Russia was entering the British financial system per month in 2015. This is just shady money and just the British financial system. There were reports about how half of Russia's financial wealth was stored overseas. Your oligarchs took out literal trillions from Russia. Things like these are why I find Russia getting sanctioned almost a blessing for them. Russian Federation was a huge cash cow for the West.
you are exaggerating things even larger than country GDP. It is normal business as you dont know the origin of Money. it could be from US/Israel/Middleast or other European country entered Russia, moved through the system and than moving to London.

See this example. They wanted to do business with American in 2011 and blamed British for failing to properly invest in 2012. No Oligarch can save it. They look at country potential over time or what kind of reliable products it can produce. hint to those Japanese vehicles reduce duty when more kids
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Russia's environment minister on Thursday blamed Russian-British oil company TNK-BP for causing massive oil pollution in a resource-rich Siberian region and failing to invest in its infrastructure.
 

99PLAAFBalloons

New Member
Registered Member
For those who had the same initial reaction as I did regarding Wind, the paywalled WSJ article specifically mentions "foreign think tanks, research firms and other nonfinancial entities" being unable to renew rather than institutional investors. Yeah, few foreign investors will go deeper than KWEB/FXI or ADRs/HK-listed shares but it would be saddening to impair those who remain interested in investing in onshore equities
 
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