American media propaganda and disinformation, pertaining to the Chinese economy, suck donkey balls.
It is only for the brainless, and those who do not know much about economics, and will work on people would cannot think logically, which is most of the population.
We are now being told two separate narratives of the Chinese economy from the American media, and from the American official, such as Janet "Mushrooms" Yellen.
One is the Chinese economy is doing badly.
Two is Chinese has excess industrial capacity, and over production.
Think of this logically. These two premises are at the opposite ends of the seesaw. Only one can be true, both cannot be true.
What exactly is industrial capacity and production?
That is damn economic growth, that is what it is.
Is there over-capacity? Maybe. That is an opinion. Someone put their money where their mouth, and want to go for it and make money.
Then we add in basic facts, like cars sales inside China, installations of green energy items, blah blah blah, those are growing. Production is going up! Production is going up because China has the industrial capacity.
If production is going up, how can the Chinese economy be doing badly?
Ask the same question in reverse. What if there is no industrial capacity? What would your manufacturing production be like?
Zero.
It is only for the brainless, and those who do not know much about economics, and will work on people would cannot think logically, which is most of the population.
We are now being told two separate narratives of the Chinese economy from the American media, and from the American official, such as Janet "Mushrooms" Yellen.
One is the Chinese economy is doing badly.
Two is Chinese has excess industrial capacity, and over production.
Think of this logically. These two premises are at the opposite ends of the seesaw. Only one can be true, both cannot be true.
What exactly is industrial capacity and production?
That is damn economic growth, that is what it is.
Is there over-capacity? Maybe. That is an opinion. Someone put their money where their mouth, and want to go for it and make money.
Then we add in basic facts, like cars sales inside China, installations of green energy items, blah blah blah, those are growing. Production is going up! Production is going up because China has the industrial capacity.
If production is going up, how can the Chinese economy be doing badly?
Ask the same question in reverse. What if there is no industrial capacity? What would your manufacturing production be like?
Zero.