China
POSTED BY: THG
UPDATED: Friday, September 4, 2026 03:35
VIEWED: 34683
PAGE 34 of 53
Quote:
Originally posted by 1kiki:
That's what happens when you outsource critical industries in the name of profit.
tic tac
U.S. and Chinese Economies Headed in Opposite Directions, says Goldman Sachs
Waldron analyzed that China is still experiencing severe economic difficulties, citing his recent visit. He argued that this contrasts sharply with the steady growth, robust consumer demand, stock market rally, and 2024 soft landing forecast of the U.S.
https://www.msn.com/en-us/money/markets/u-s-and-chinese-economies-head
ed-in-opposite-directions-says-goldman-sachs/ar-AA1lxzCJ?ocid=msedgdhp&pc=HCTS&cvid=e61eb52599c747f490fc714b3f55f0a2&ei=64
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China Builds New Highway Near India To Move Troops For Border Standoff
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Quote:
Originally posted by 1kiki:
That's what happens when you outsource critical industries in the name of profit.
tic tac
China’s Financial Stress Is Mounting. Beijing Faces a Painful Decision.
Moody’s has reason to be worried. More than 50 Chinese property developers have defaulted on bonds since early 2021, and a handful of local governments have warned of their own imminent defaults absent help from Beijing. Stress is also building in the periphery of China’s financial system, in vehicles such as trusts, where 7 of the country’s 68 companies have failed in the last 6 years.
This moment is more precarious than previous periods of financial stress in China in two key respects. First, the three most important drivers of economic growth for decades—property, exports, and local governments—are all experiencing a sharp pullback in activity, which is making servicing debt much more difficult for borrowers. Second, China is now facing a deep and pervasive confidence problem that has taken a toll on consumption, private investment, and birthrates. Those issues could spread to other areas, including the financial sector.
https://www.msn.com/en-us/money/markets/china-s-financial-stress-is-mo
unting-beijing-faces-a-painful-decision/ar-AA1lTeBK?ocid=msedgdhp&pc=EDGEXST&cvid=5f9e66d8a80b49899b706fef67c66858&ei=14
You mean tick tock kiki don't you?
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Nike's warnings on China should scare other companies that do business there
Nike sounded another alarm on China's economy, signaling that weak consumer demand may continue hanging over companies that do business there despite Beijing's efforts to stimulate growth.
In its fiscal second-quarter report late Thursday, the sports apparel giant beat earnings views, but its 1% revenue gain to $13.39 billion missed forecasts for $13.43 billion. Greater China sales rose 4% to $1.86 billion, below the expected $1.95 billion as growth slowed from the prior quarter.
Nike also cut its full-year sales forecast to a 1% gain from its prior view for mid-single-digits growth. And management announced plans to reduce costs by as much as $2 billion over the next three years.
"This new outlook reflects increased macro headwinds, particularly in Greater China and EMEA, adjusted digital growth plans based on recent digital traffic softness and higher marketplace promotions, lifecycle management of key product franchises and a stronger US dollar that has negatively impacted second half reported revenue versus 90 days ago," CFO Matthew Friend said on the earnings call.
https://www.msn.com/en-us/money/companies/nike-s-warnings-on-china-sho
uld-scare-other-companies-that-do-business-there/ar-AA1lUCig?ocid=msedgdhp&pc=EDGEXST&cvid=9ca222a9b2654b58b81e12d0ea4ad337&ei=21
Don't bet against America.
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Looking at China from a macro POV, they still have a hard time balancing production and consumption. They experienced phenomenal double digit growth for more than a decade, and lifted almost a billion people out of poverty, but they did that by producing goods for export to the American market. What they got out of it was a hugely expanded industrial base, but a distorted economy: goods produced that Chinese will never buy. (How many Nikes and iPhones and Teslas and CocaColas can China absorb?)
They are still reverberating from the global financial collapse of 2008, which collapsed their western markets. Many businesses went bust, and they woke up to their dependence on western markets.
In an effort to expand demand, they went on an infrastructure binge. Belt and Road IMHO is jus another such binge, just internationalized.
Every time they want to increase consumption, they loosen money supply, but that only seems to lead to speculation. There have been booms and busts in agricultural commodities, iron, aluminum, infrastructure, stocks etc but the most durable speculation has been in real estate.
Chinese always talk about "socialism with Chinese characteristics" but the leadership hasn't yet realized that the Chinese don't spend like Americans. When they have money to spare, they like to "invest".
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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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Yeah. Let's bring all the jobs back here.
I'm sure that will help out the already unaffordable prices on everything for most Americans.
/sarcasm
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Political correctness is just tyranny, with a smiley face.
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Quote:The reason why re-industrializing America wouldn't help Americans is bc of the unconscionable profits that industries and especially financialists have become accustomed to taking off of cheap Chinese/ Indian/ (fill in the blank) labor. They would want to continue raking unconsionable profits off America labor as well, leading to unconsionable prices.
Originally posted by 6ixStringJack:
Yeah. Let's bring all the jobs back here.
I'm sure that will help out the already unaffordable prices on everything for most Americans.
/sarcasm
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Political correctness is just tyranny, with a smiley face.
Still, unless our nation maintains essential production and a neutral balance of payment we will not be independent and durable.
One thing re-industrializing would be good for is waking Americans up to the mousetrap that we're caught in. THE INTERESTS OF THE ELITE ARE NOT THE INTERESTS OF AMERICA OR AMERICANS. The ultimate red pill moment.
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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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Quote:
Originally posted by SIGNYM:Quote:The reason why re-industrializing America wouldn't help Americans is bc of the unconscionable profits that industries and especially financialists have become accustomed to taking off of cheap Chinese/ Indian/ (fill in the blank) labor. They would want to continue raking unconsionable profits off America labor as well, leading to unconsionable prices.
Originally posted by 6ixStringJack:
Yeah. Let's bring all the jobs back here.
I'm sure that will help out the already unaffordable prices on everything for most Americans.
/sarcasm
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Political correctness is just tyranny, with a smiley face.
Still, unless our nation maintains essential production and a neutral balance of payment we will not be independent and durable.
One thing re-industrializing would be good for is waking Americans up to the mousetrap that we're caught in. THE INTERESTS OF THE ELITE ARE NOT THE INTERESTS OF AMERICA OR AMERICANS. The ultimate red pill moment.
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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
I'm just talking about the prices of everything...
What's you're average cost for a McDonald's meal now? $15? $20? Add to that they're shrinking the portions on top of it. And AFAIK you can't even get a job at McDonald's anywhere that makes less than $3.50 more per hour than I made at my last pre-pandemic job.
Imagine how much clothes or shoes would cost if we were making them here.
The entire system is broken. It's been broken for decades, before I was even born. We've SixSigmad the world into oblivion and the worldwide plandemic they inflicted upon us to keep Trump from winning 2020 threw the entire system into chaos. There used to be contingency plans. There used to be much smaller parts to the greater machine when many different companies owned by different people were all cogs in the machine, rather than just a small handful of companies owning everything and streamlining everything.
But hey... I think we're all about to swallow a bunch of large pills we won't want to be swallowing anyhow, so maybe now is the time to try to put our country before globalism. What's the alternative? Wait 20 years when they've managed to put the globalist regime back together at full strength when it's never going to be a possibility?
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Political correctness is just tyranny, with a smiley face.
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For decades comrade signym has been telling us how the United States is doomed, and she's still at it. For just as long, I've been saying she's a commie moron. Watch the video, then you decide. If you're capable of being honest.
T
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