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re: So. . . .China's doing great

Posted on 10/17/22 at 8:11 pm to
Posted by hottub
Member since Dec 2012
3654 posts
Posted on 10/17/22 at 8:11 pm to
Stuff like this is the main reason I don’t think the BRICS will be the downfall of western economies.
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
75987 posts
Posted on 10/17/22 at 8:14 pm to
Who was the down vote?
Posted by ruzil
WNC
Member since Feb 2012
18337 posts
Posted on 10/17/22 at 8:35 pm to
China's economic reporting is reminiscent of the left's reporting of votes.

Stall until you can figure out what numbers you need to fudge.
Posted by Roaad
White Privilege Broker
Member since Aug 2006
83392 posts
Posted on 10/17/22 at 9:02 pm to
They'll never come forward
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58878 posts
Posted on 10/18/22 at 6:48 am to
quote:

I thought China and the mafia state of russia were about to rise up and destroy the western financial system with a powerful array of economic allies like South Africa and Argentina?


So did they.

Apparently, it's not so easy that you can just wish it into existence.
Posted by trinidadtiger
Member since Jun 2017
19646 posts
Posted on 10/18/22 at 6:49 am to
Their oil purchases are off for the first time in decades, when your economy is built on making things....that isnt a very good sign to say the least.

Real estate crisis will dwarf the 2008 issues, covid lockdown, massive amounts of production moving away from chini, infrastructure building by local govts (which relies on construction companies for capital via loans) is tanking, and a hugely aging population, along with youth unemployment skyrocketing, and a debt mound larger than the US vs their real GDP, they are in big caca.

Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
80181 posts
Posted on 10/18/22 at 6:52 am to
The numbers must be seriously doubleplusungood.
Posted by Penrod
Member since Jan 2011
54677 posts
Posted on 10/18/22 at 6:57 am to
quote:

I thought China and the mafia state of russia were about to rise up and destroy the western financial system with a powerful array of economic allies like South Africa and Argentina?

Thomas Friedman! Remember him bloviating about how wonderful China was, and how they could pivot on a dime and give you nine cents change, all while America couldn’t do anything? Stupid motherfrigger!
Posted by Penrod
Member since Jan 2011
54677 posts
Posted on 10/18/22 at 6:59 am to
quote:

Those are less about COVID and more about conditioning their society for heavy government control.

You must be kidding! There is no conditioning necessary. They have always had heavy government control. They weld people’s doors shut to keep them in their homes.
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