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Started By
Message
re: China is currently not an economic threat and is imploding internally.
Posted on 3/20/24 at 8:20 am to SlowFlowPro
Posted on 3/20/24 at 8:20 am to SlowFlowPro
quote:
Worried they will do what, exactly?
Use force in order to improve their situation.
quote:
Any aggression counter to US interest will destroy their economy by having the US and Western nations trade less with them.
It would seriously damage ours as well. We’re pretty dependent on them and they’re pretty dependent on us. Both nations know this, so yes, that could deter both the Chinese and West from doing something destructive. However, history does say the opposite happens, and we should be most concerned with our enemies when things aren’t going well for them.
quote:
The CCP is not going to commit suicide by creating the foundation for revolution.
Like a revolution in the world against the West/status quo? I’d argue that’s well underway.
Posted on 3/20/24 at 8:21 am to SlowFlowPro
China has built ghost cities to propel their economy for years.
Posted on 3/20/24 at 8:23 am to rebeloke
quote:
China has built ghost cities to propel their economy for years.
Its a fun rabbit hole for a few hours.
These "homes" are worth more unfinished and uninhabited in their economy. Its just a big house of cards.
Posted on 3/20/24 at 8:24 am to sta4ever
quote:
Use force in order to improve their situation.
And that means? Force where? Against whom? What kind of force?
quote:
It would seriously damage ours as well.
This divergence shows that we can easily survive. We still have a real economy beyond this trade. China does not.
It would be a shot to the arm or a flesh wound for us and a bullet to the brain for them.
quote:
Like a revolution in the world against the West/status quo? I
No like a civil war where the citizens overthrown their failing government driving their SOL and economy into the ground.
Posted on 3/20/24 at 8:24 am to SlowFlowPro
China plays the long game while we obsess over low hanging fruit. Congrats to us on being less sucky than everyone else economically...meanwhile the marriage and birth rates are at disaster levels and we are replacing our productive white population with the dregs of the third world.
Posted on 3/20/24 at 8:25 am to scottydoesntknow
quote:
China plays the long game
They cant play the long game effectively, they are a demographic time bomb.
Posted on 3/20/24 at 8:26 am to SlowFlowPro
quote:
China is actually facing inflation in many sectors, the problem is the emperor has no clothes otherwise and deflation is raging elsewhere.
What you posted suggests they are entering a DEFLATIONARY situation.
I’m not suggesting that’s good - it’s not. However, it doesn’t actually illustrate anything in trying to compare it with where WE currently are, to be able to say “see, look how much better off WE are.”
I think we are each fricked in different ways and I’m not sure anyone is in a position to assert what the effective difference might be, if any, just yet.
Posted on 3/20/24 at 8:28 am to SlowFlowPro
China has a demographic bomb and all the known and unknown inefficiencies of the Communist system. I’ve said that here for a decade plus. But make no mistake, they can continue to make things very painful for us all around the globe and they view us as their primary (non existential ) enemy. Wherever we project power they will undermine us and they will continue to flood America with drugs, counterfeit items, various bad actors etc.
Posted on 3/20/24 at 8:28 am to SlowFlowPro
First thing I've agreed with you on in a while. China is in plenty of economic and demographic trouble. We don't need to take action against them. Just start reshoring our manufacturing base.
Posted on 3/20/24 at 8:30 am to Lsupimp
quote:
will continue to flood America with drugs, counterfeit items, various bad actors
Indeed.
As their economy falters, expect more "designer drugs" and black market items.
Posted on 3/20/24 at 8:30 am to RogerTheShrubber
quote:
quote:China plays the long game They cant play the long game effectively, they are a demographic time bomb.
Im not so convinced of this
Posted on 3/20/24 at 8:32 am to SlowFlowPro
China's economy is tanking because the US economy is shite. Shouldn't be that hard to figure out.
Posted on 3/20/24 at 8:32 am to SlowFlowPro
I wish we had deflation here
Jealous that China has a strong trump like president and we have a wuss
Jealous that China has a strong trump like president and we have a wuss
Posted on 3/20/24 at 8:33 am to scottydoesntknow
quote:
China plays the long game while we obsess over low hanging fruit.
This has not been true for some time.
China has been relying on smoke and mirrors for a long while now, especially in real estate.
China has failed to develop a real economy. That's why they have to rely on government-backed bubbles and stealing technology.
This is on top of their population crisis.
Posted on 3/20/24 at 8:34 am to scottydoesntknow
quote:
Im not so convinced of this
Dont listen to influencers. There's more objective info out there.
China isnt the only one. Japan quietly is also trying to fend off a population collapse.
Posted on 3/20/24 at 8:34 am to scottydoesntknow
quote:
quote:
quote:China plays the long game They cant play the long game effectively, they are a demographic time bomb.
Im not so convinced of this
It’s not totally indefinite, but their brand of totalitarianism extends their timeline a good bit beyond places without it (or, maybe I should say, places that are still in the implementation stages of it).
Posted on 3/20/24 at 8:35 am to SlowFlowPro
China's military spending has exploded since 2005.
China Has Two Paths To Global Domination
JAKE SULLIVAN, HAL BRANDS
MAY 22, 2020
FOREIGN POLICY
Xi Jinping’s China is displaying a superpower’s ambition. Only a few years ago, many American observers still hoped that China would reconcile itself to a supporting role in the liberal international order or would pose—at most—a challenge to U.S. influence in the Western Pacific. The conventional wisdom was that China would seek an expanded regional role—and a reduced U.S. role—but would defer to the distant future any global ambitions. Now, however, the signs that China is gearing up to contest America’s global leadership are unmistakable, and they are ubiquitous.
There is the naval shipbuilding program, which put more vessels to sea between 2014 and 2018 than the total number of ships in the German, Indian, Spanish, and British navies combined. There is Beijing’s bid to dominate high-tech industries that will determine the future distribution of economic and military power. There is the campaign to control the crucial waterways off China’s coast, as well as reported plans to create a chain of bases and logistical facilities farther afield. There are the systematic efforts to refine methods of converting economic influence into economic coercion throughout the Asia-Pacific and beyond.
Not least, there is the fact that a country that formerly disguised its ambitions now asserts them openly. China has entered a “new era,” Xi announced in 2017, and must “take center stage in the world.” Two years later, Xi used the idea of a “new Long March” to describe China’s worsening relationship with Washington. Even strategic shocks that originated within China have become showcases for Beijing’s geopolitical aspirations: Witness how Xi’s government has sought to turn a coronavirus crisis made worse by its own authoritarianism into an opportunity to project Chinese influence and market China’s model overseas.
China landed on the Moon. US still looking for first successful moon landing in 50 years. China's new space station is expected to still be in orbit when ISIS is brought down in a controlled burn up.
Chinese investors and firms own a majority of almost 2,400 American companies employing 114,000 people.
AMC GE Appliances Motorola Mobility Smithfield Foods China Mobile Ingram Micro Riot Games Sinopec Starwood Hotel Alibaba Group Tencent Waldorf Astoria New York Legendary Entertainment Group
China currently owns around 380,000 US acres.
Just a few other tidbits.
China Has Two Paths To Global Domination
JAKE SULLIVAN, HAL BRANDS
MAY 22, 2020
FOREIGN POLICY
Xi Jinping’s China is displaying a superpower’s ambition. Only a few years ago, many American observers still hoped that China would reconcile itself to a supporting role in the liberal international order or would pose—at most—a challenge to U.S. influence in the Western Pacific. The conventional wisdom was that China would seek an expanded regional role—and a reduced U.S. role—but would defer to the distant future any global ambitions. Now, however, the signs that China is gearing up to contest America’s global leadership are unmistakable, and they are ubiquitous.
There is the naval shipbuilding program, which put more vessels to sea between 2014 and 2018 than the total number of ships in the German, Indian, Spanish, and British navies combined. There is Beijing’s bid to dominate high-tech industries that will determine the future distribution of economic and military power. There is the campaign to control the crucial waterways off China’s coast, as well as reported plans to create a chain of bases and logistical facilities farther afield. There are the systematic efforts to refine methods of converting economic influence into economic coercion throughout the Asia-Pacific and beyond.
Not least, there is the fact that a country that formerly disguised its ambitions now asserts them openly. China has entered a “new era,” Xi announced in 2017, and must “take center stage in the world.” Two years later, Xi used the idea of a “new Long March” to describe China’s worsening relationship with Washington. Even strategic shocks that originated within China have become showcases for Beijing’s geopolitical aspirations: Witness how Xi’s government has sought to turn a coronavirus crisis made worse by its own authoritarianism into an opportunity to project Chinese influence and market China’s model overseas.
China landed on the Moon. US still looking for first successful moon landing in 50 years. China's new space station is expected to still be in orbit when ISIS is brought down in a controlled burn up.
Chinese investors and firms own a majority of almost 2,400 American companies employing 114,000 people.
AMC GE Appliances Motorola Mobility Smithfield Foods China Mobile Ingram Micro Riot Games Sinopec Starwood Hotel Alibaba Group Tencent Waldorf Astoria New York Legendary Entertainment Group
China currently owns around 380,000 US acres.
quote:
Chinese policymakers have been exploring opportunities to promote renminbi usage in bilateral trade and settlement since the launch of Xi’s 2013 Belt and Road Initiative (BRI), a massive global infrastructure development project. But even before the BRI, China’s leaders had expressed interest in using the SCO framework to promote its currency for international financing schemes. Reducing the power of the US dollar.
“China’s financial institutions and enterprises must inoculate themselves against potential international sanctions in the event of a military conflict with the West over Taiwan.”
Just a few other tidbits.
Posted on 3/20/24 at 8:36 am to SlowFlowPro
I’m beginning to think being American means sacrificing everything at the altar of GDP.
I want off the train.
I want off the train.
Posted on 3/20/24 at 8:36 am to Y.A. Tittle
quote:
What you posted suggests they are entering a DEFLATIONARY situation.
Because they have failed to develop a real economy and money isn't circulating within the population.
quote:
However, it doesn’t actually illustrate anything in trying to compare it with where WE currently are, to be able to say “see, look how much better off WE are.”
but they are having the same issues, in certain productive sectors.
The problem is at large they are not productive because they don't have a real, developed economy.
Like I said, this is showing that the emperor has no clothes. We are seeing the actual underpinnings of this projected economic threat and it doesn't exist. It probably never really did.
quote:
I think we are each fricked in different ways
China is fricked both ways.
Posted on 3/20/24 at 8:38 am to SlowFlowPro
quote:
China has been experiencing some pretty severe
deflation
This is great for regular working stiffs, savers and people not in debt.
I was loving it during the aftermath of the 2008 financial crisis when we experienced a brief time of deflation. Energy, housing and consumer goods were relatively cheap. Vacations were cheap and the kids got a lot more shite for Christmas.
Central planners, financial engineers, and big government lovers hate deflation.
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