Real World Event Discussions

China

POSTED BY: THG
UPDATED: Friday, September 4, 2026 03:35
VIEWED: 34683
PAGE 45 of 53

THG
Sunday, March 17, 2024 4:22 PM

Quote:

Originally posted by 1kiki:

That's what happens when you outsource critical industries in the name of profit.

tic tac



Guess what? China’s grand economic revival everyone’s been yapping about? Not happening.

Economists, those guys who enjoy making predictions as much as we love ignoring them, had a peek into the crystal ball and saw retail sales and industrial output growth slowing down from December’s numbers. The real estate sector, in particular, isn’t just in a slump; it’s in a freefall without a parachute, making any hopes of a significant turnaround more fantasy than reality.

https://www.msn.com/en-us/money/markets/china-s-economic-comeback-is-n
ot-going-to-be-strong-or-impressive/ar-BB1k1q6Y?ocid=msedgntp&pc=U531&cvid=6bcaf5196eb04d2ea931de9bc6fda230&ei=30




T

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THG
Monday, March 18, 2024 7:35 AM

Authoritarianism is what Trump wants to do to America.

T


How Xi Jinping’s authoritarianism is killing China’s economy

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THG
Monday, March 18, 2024 8:05 AM

Quote:

Originally posted by 6ixStringJack:

Hey... At least we can agree that the Chinese government sucks.

I wouldn't underestimate them though. They think in blocks of multiple centuries at a time unlike Americans who think in 4 year blocks.

While it's true we might be witnessing hubris on display, I don't think they're making moves today that haven't been planned out a long time ago.






I've been posting about their collapse for years. I guess I was the one forward thinking aye Jack?

T


Why China’s Local Government Debt Crisis Just Got Worse




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THG
Friday, March 29, 2024 5:33 AM

Quote:

Originally posted by 1kiki:

That's what happens when you outsource critical industries in the name of profit.

tic tac



5 major challenges that have China headed for a '100-year storm,' according to billionaire investor Ray Dalio

https://www.msn.com/en-us/money/markets/5-major-challenges-that-have-c
hina-headed-for-a-100-year-storm-according-to-billionaire-investor-ray-dalio/ar-BB1kHmJI




We handed them the keys to the world. They used this gift to abuse their neighbors. Oh well, now it all goes away.

T

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THG
Friday, March 29, 2024 5:51 AM

China's Economic Slump Wipes 155 Billionaires off Global Rich List

https://www.msn.com/en-us/money/companies/china-s-economic-slump-wipes
-155-billionaires-off-global-rich-list/ar-BB1kGCMK




Can't say I'm disappointed.

T

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Friday, March 29, 2024 6:53 AM

Quote:

Originally posted by 6ixStringJack:

Hey... At least we can agree that the Chinese government sucks.
I wouldn't underestimate them though. They think in blocks of multiple centuries at a time unlike Americans who think in 4 year blocks.
While it's true we might be witnessing hubris on display, I don't think they're making moves today that haven't been planned out a long time ago.

THUGR: I've been posting about their collapse for years.



Since all governments eventually collapse I suppose you could be right. But it might be long after YOUR clock stops ticking. And since they haven't collapsed YET, it's a little too early to call this one.



China IMHO has made, and continues to make, some pretty bone-headed moves. I could go on about the things they do that look stupid to me:

Depending on western markets and exports in general to underpin your economy (markets can collapse)
Investing in grandiose "mega projects" like the Three Gorges Dam, and Belt & Road, which may never pay off
Jumping on the latest speculative projects (EV, green technology)
Allowing various bubbles to bouy up local government finances
etc

But they HAVE lifted close to a trillion people out of extreme poverty so credit where credit is due. Standard of living in China is generally rising, not falling (western standard of living is falling), and IMHO I don't mind if speculative/ paper wealth evaporates. And I suspect the Chinese government doesn't mind either.




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"It may be dangerous to be America's enemy, but to be America's friend is fatal." - Henry Kissinger

Loving America is like loving an addicted spouse - SIGNYM


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Friday, March 29, 2024 8:10 AM

Quote:

Originally posted by THG:
Quote:

Originally posted by 6ixStringJack:

Hey... At least we can agree that the Chinese government sucks.

I wouldn't underestimate them though. They think in blocks of multiple centuries at a time unlike Americans who think in 4 year blocks.

While it's true we might be witnessing hubris on display, I don't think they're making moves today that haven't been planned out a long time ago.






I've been posting about their collapse for years. I guess I was the one forward thinking aye Jack?



You post a lot of stuff. You've got endless tick tock threads that have all lead to nothing.

Maybe I'll start a Tick Tock to the Nibiroo Apocalypse thread and that would come true before any of your predictions do.


China's not going anywhere.

And even if it were that's bad news for us. As bad as prices for everything are today they'd be ten times as bad if we weren't getting a bunch of cheap shit from them.

Look how much McDonald's costs now that we're paying employees $20/hr.

What do you think is going to happen to the prices of computers or cell phones if we make them all in house here instead of importing them from places like China?


Do you remember the days of paying $2,000 for a 33mhz computer when we still made everything? That was over 30 years ago now, so with inflation it would have been over $5,000 today.

You think your iPhone is expensive now? Just wait until you don't have 12 year olds building them for $2.00 per day in a Chinese warehouse with nets wrapped around them to keep people from jumping out the window and putting an end to their miserable lives so you can get an updated phone every 2 years.


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Political correctness is just tyranny, with a smiley face.

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THG
Sunday, April 7, 2024 5:03 PM

China’s new national map has set off a wave of protests. Why?

https://apnews.com/article/china-map-territorial-dispute-south-sea-702
c45165d7f9cade796700fffa5691e




T

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THG
Monday, April 8, 2024 6:31 AM

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Monday, April 8, 2024 6:38 AM

Quote:

Originally posted by THG:
U.S. Reacts After China Renames Neighbor's Territory

https://www.msn.com/en-us/news/world/u-s-reacts-after-china-renames-ne
ighbor-s-territory/vi-BB1l89X2?ocid=msedgntp&pc=U531&cvid=02834fa0d8c343e780659c382523064a&ei=168




T



Do you have a flag?



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Political correctness is just tyranny, with a smiley face.

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