Miscellaneous News

Shadow_Whomel

Junior Member
Registered Member
After reading his answer, I have to admit that he is sensitive to numbers, but he still seems to be too optimistic. According to Ynet (parent company Yediot Ahronot) Israel's WIA since the war started has reached 5000, of which 58% (about 2000) have suffered serious injuries to hands and feet requiring amputation. IDF just began to attack South Gaza and most of the strongholds in North Gaza still need to be taken, if IDF want to take Gaza completely, IDF casualties will reach unacceptable levels. This war is not likely to last long.
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(I guess they renamed the title within the article, after all 5000 WIA is too horrible)
 

taxiya

Brigadier
Registered Member
Andrey Rudenko, No. 2 at the Russian Foreign Ministry, told Xi that China's former foreign minister, Qin Gang, along with top officers in the country's military leadership,
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by Western intelligence agencies, according to the report.

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So newsweek is saying two things:
  1. Chinese security work is bad for having so high ranking officials being compromised by west.
  2. Russian security work is equally bad for having their high ranking talk with China being compromised by west.
The mighty west is so omnipotent.

The same Russian intelligence that weren't able to discern Ukraine’s will to resist and fight the invading Russian forces? They're able to penetrate Chinese important leader(s) and on a country who's culture and geography, and language are still foreign to Russia, but couldn't make an accurate assessment of the country Ukraine, which was and is culturally closer, similar language, and geographically closer to Russia. Hmm sure..
You may be just falling into the western trap, blaming Russia for west's lie.
 

Bellum_Romanum

Brigadier
Registered Member
So newsweek is saying two things:
  1. Chinese security work is bad for having so high ranking officials being compromised by west.
  2. Russian security work is equally bad for having their high ranking talk with China being compromised by west.
The mighty west is so omnipotent.


You may be just falling into the western trap, blaming Russia for west's lie.
I was just sarcastically responding to the allegations and allusions made in the article by the all-knowing and all-seeing omnipotent western/American intelligence.
 

taxiya

Brigadier
Registered Member
I get that you are a supporter of China but being ignorant is not a good way of doing it. Deflation is very bad for the economy. Thats economics 101.

Deflation is a sign that people are not spending money,
cause either they don't have jobs, or are trying to pay off debt, or too afraid of losing jobs in the future and thus saving money. So, when there is not enough customers, sellers reduce price. That's a very bad sign. Deflation only happens when there is a recession. Is China in recession? It kind of is when several sectors are declining like the huge property sector and export sector.
You really think this is the only reason of deflation? When there are more products than demand, there is a deflation. It goes two ways:
  1. Production remains unchanged, consumer's demand reduces, price goes down. This is what you expected. This is usually bad.
  2. Production increased, consumer demand stay unchanged, price goes down. This is what you ignored.
Deflation is just reflection of the balance of supply and consumption, itself isn't good or bad.

Honestly, from reading many posts from you, I think you have a tendency of cherry-picking the convinient "truth" to fit your wish.
 

ZeEa5KPul

Colonel
Registered Member
I get that you are a supporter of China but being ignorant is not a good way of doing it. Deflation is very bad for the economy. Thats economics 101.
No, that's actually Western dogma 101.

Here in reality, what's happening is Chinese producers are becoming more efficient and productive. Because China has functioning markets and these producers are in competition (unlike in the West where they have state-sanctioned price fixing cartels), they reduce prices to gain market share and improve their positions. In addition to that, input prices are falling.

That's economics 101, something Westerners have either forgotten from living in dysfunctional societies for too long or never even knew.
 

tokenanalyst

Brigadier
Registered Member
You assume that processes will forever remain exactly as efficient as some baseline year with no possible changes in price other than via demand from existing customers.

You assume no business will ever lower prices to try to capture more market share because their new efficiencies permit lower prices at equal or greater margins than their old processes.

China has relatively low household debt:

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Deflation also has little to do with the physical consumption of products. China's retail market is bigger than ever and still growing fast:

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Inflation raises inequality by targeting the poor more than the rich since consumption is a greater %income for poor than rich.

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Deflation benefits the poor more than the rich.
You really think this is the only reason of deflation? When there are more products than demand, there is a deflation. It goes two ways:
  1. Production remains unchanged, consumer's demand reduces, price goes down. This is what you expected. This is usually bad.
  2. Production increased, consumer demand stay unchanged, price goes down. This is what you ignored.
Deflation is just reflection of the balance of supply and consumption, itself isn't good or bad.

Honestly, from reading many posts from you, I think you have a tendency of cherry-picking the convinient "truth" to fit your wish.


Retail sales have been on the rise in China since the mid 2022.

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Looks like most china inflation has been dragged by low food prices -4.2% and I don't think that people in China are on a mass diet, I have seeing than in online platforms like Alibaba and MadeInChina the prices of machinery, components, electronics and raw materials has maintained or going up but not down so importers are still waiting for the super duper low prices the MSM are talking.

I think there is a source of inflation in China that people are ignoring and that is Russia, when Europeans imposed sanctions to Russia and started to "decouple" because the Ukrainian war, China has become their economic partner of last resort, without China the Russian economy would have been in huge trouble. The export of grains to China from Russia almost double in 2023 and if we keep in mind that import of grain from the United States has not decreased, Chinese pig farmers are feeding their pigs with super cheap food and that I think is dragging China food prices.

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