Miscellaneous News
- Thread starter bd popeye
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Very telling that their first comments are unsubtle gloating about China's recent woes and USA's simultaneous economic overperformance.
Well, keep an eye man, historically speaking inflationary periods and economic bubbles only really come down in economic recessions, that is why the FED is both the destroyer and savior of last resort, like a god. the worst would be the impossible trifecta HI, LG and HR
We are talking about when the high growth rate for developing countries that slow down when it reached high income status. Japan, South Korea, Hong Kong, Taiwan, and Singapore all have the similar growth curve. That is absurd for you to compare developed nations growth rate. For developed nations, their growth rate varies due to their economic performance.
All fast developing nations that were able to become a developed countries follow the similar path. All such high growth countries at the beginning have double digits growth rate, then high single digit growth rate, and then mid-digit growth rate before finally obtained the developed status.
No countries can grow double digits forever and no countries can grow high single digit forever. A fair and objective comparison should be 5% to 5.5% projection growth rate verus the actual growth rate between 2021 to 2025.
As for the US, 14 trillion helicopter money to spur growth has already caused a high inflation. You think there wouldn't be a price to pay for such reckless way of spending tomorrow money.
The FED doesn't care if the US economy crash or not as long inflation crash too, in fact they may doing that right now. THEN they will cut rates to zero, do lavish economic stimulus, call again helicopter money and just plain money printing QE, QD, QY or whatever two letters they want call it, have their stupid dinners, drink their martinis, appear in the cover of time magazine as saviors and so on.
If that fails then is HI, LG and HR.
If that fails then is HI, LG and HR.
China's economy will enter recession when you stop making alts, sleepystudent.
GDP growth in China is not unknowable. Most countries have less control over their economy, so GDP growth is discovered after it happened. In China, the government decides what GDP growth to achieve and then spends the required money and effort to achieve it. Many people here expected China to achieve 6% or more growth earlier this year, but this is as wrong as expecting 4% or less. The government will meet its targets. If growth is high, they deflate bubbles and introduce regulations, if growth is low, they provide stimulus. People should get used to that
GDP growth in the absence of COVID is unknowable.
You just described how fiscal and monetary policy work in all countries. China still doesn’t have “control” of GDP in the sense that because the NPC said it, GDP will grow at [X]% because the economy is 1.4 billion different agents making their own decisions. See China missing it’s GDP target in 2022 because of COVID lockdowns
That’s the whole point of it lol. It’s an effective ban on most direct investment even with the savings clause because companies are unlikely to give extremely detailed records over to investors, it increases the administrative burden on investors and creates a chill as to whether certain activities are legal or not (especially that since under IEEPA, the list of prohibited activities can be expanded at any minute). The point of the executive order is to prevent the formation of professional networks to help Chinese firms sell into the U.S. and to chill investment in China of all stripes and the executive order achieves this by it’s very existence, not the particular details of the existence (this is essentially the void for vagueness challenge).