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re: Whoa, China’s Foreign Ministry Just Threw A Dumpling At The G7

Posted on 6/29/22 at 10:59 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11301 posts
Posted on 6/29/22 at 10:59 am to
quote:

Pointing out perhaps the combined GDP of those 3.2B is 2/3rds that of the 0.78B? Meaning the G7 GDP per capita is about 6X that of its BRICS counterpart? Nah, you won't see that from the OT


It’s funny until you understand a twin deficit economy based on energy, materials and labor from those plebeian countries can’t sustain itself without foreign capital flows. The one thing you can do to frick up your gravy train is weaponizing your currency and we have signaled to the world we’re more than willing.

ETA: don’t even get me started on GDP numbers from financialized countries
This post was edited on 6/29/22 at 11:01 am
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124705 posts
Posted on 6/29/22 at 11:06 am to
quote:

The one thing you can do to frick up your gravy train is weaponizing your currency and we have signaled to the world we’re more than willing.
TRUTH !
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105553 posts
Posted on 6/29/22 at 11:16 am to
quote:

The one thing you can do to frick up your gravy train is weaponizing your currency and we have signaled to the world we’re more than willing.



Yep

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