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Message
re: World economic rankings.
Posted on 4/4/25 at 9:54 pm to geoag58
Posted on 4/4/25 at 9:54 pm to geoag58
quote:
One definition of "Screwed over":
In less than ten years our national debt has more than doubled.
Has almost nothing to do with this discussion about trade imbalance and tariffs.
That does, however, have a lot to do with why prices have outpace "middle class salaries", which shows that's the cause (and not this discussion on trade/tariffs).
quote:
We also saw the effect of global supply chain disruption.
Yes, and things are still better than the alternative, even with that huge negative externality.
quote:
We also saw China unleash a bio-weapon on the world with no repercussions.
Now that's retarded.
Covid hurt China bigly. It sped up their economic decline/fall.
1
Posted on 4/4/25 at 9:55 pm to geoag58
Our national debt has more than 100x in the past 50 years. At current deficit, we are spending about $300 more per capita in interest every single year
The old system did not work.
The old system did not work.
This post was edited on 4/4/25 at 9:56 pm
Posted on 4/4/25 at 9:56 pm to GeauxBurrow312
quote:
I cannot recall a single administration that has prioritized and tried to downsize the government at this scale.
They've passed no Congressional statutes to make it permanent
They just passed Biden-level spending through September.
quote:
Congress always moves slow, thats on Congress though - not Trump
Trump's admin has been arguing in court they should usurp Congress in terms of the Constitution.
Posted on 4/4/25 at 9:56 pm to Bunk Moreland
quote:
Fine, burn it all down. I hope it works.
You’d drive off a cliff for fear of turning in the wrong direction
Posted on 4/4/25 at 9:56 pm to SlowFlowPro
Aw cr but doge does nothing!
Posted on 4/4/25 at 9:56 pm to GeauxBurrow312
quote:
Our national debt has more than 100x in the past 50 years. At current deficit, we are spending about $300 more per capita in interest every single year
The old system did not work.
Well I guess we've completely changed the topic, at this point.
Posted on 4/4/25 at 9:58 pm to SlowFlowPro
If you looked at who I was replying to, they had commented on the national debt. Hence why my reply was on the national debt.
Posted on 4/4/25 at 9:58 pm to SlowFlowPro
How do you have so much time to post on tigerdroppings while you’re a Supreme Court justice and Nobel Economist?
Posted on 4/4/25 at 9:58 pm to SlowFlowPro
quote:
Now that's retarded. Covid hurt China bigly. It sped up their economic decline/fall.
China is in an upside down pyramid but I still don’t see the decline yet.
Posted on 4/4/25 at 9:59 pm to SlowFlowPro
2000 posts in 15 days fricking impressive.
Posted on 4/4/25 at 10:00 pm to GeauxBurrow312
quote:
If you looked at who I was replying to, they had commented on the national debt. Hence why my reply was on the national debt.
SFP injects himself into everything. He can’t help his condescending narcissism.
Posted on 4/4/25 at 10:00 pm to Jbird
quote:
2000 posts in 15 days fricking impressive.
SFP is the man
Posted on 4/4/25 at 10:01 pm to KingOrange
Like I said impressive.
Posted on 4/4/25 at 10:01 pm to SlowFlowPro
"Trade will benefit both parties.
If it wasn't China, it would have been someone else (a combination, likely, given the population of China)
Is this just anti-China rhetoric or do y'all think we could have bettered ourselves via trade without our partners benefiting? "
When you state parties, do you mean China vs USA?
I'm pro USA, as should most citizens of the United States. China's well being is not the concern of the United States. I'm beginning to think you are getting paid to shill for China.
If it wasn't China, it would have been someone else (a combination, likely, given the population of China)
Is this just anti-China rhetoric or do y'all think we could have bettered ourselves via trade without our partners benefiting? "
When you state parties, do you mean China vs USA?
I'm pro USA, as should most citizens of the United States. China's well being is not the concern of the United States. I'm beginning to think you are getting paid to shill for China.
Posted on 4/4/25 at 10:01 pm to Bunk Moreland
quote:
he made the point like a poor person now lives better than a middle class guy from the '50's. So, what's the problem?
So because we've improved doesn't mean we couldn't have improved more had we implemented different policies?
Posted on 4/4/25 at 10:02 pm to Powerman
quote:Who pretends this?
We can pretend those things are unrelated but the reality is they aren't.
Posted on 4/4/25 at 10:03 pm to KingOrange
LINK
quote:
China’s economic growth has fallen short in recent years, significantly lagging behind the average pace experienced during the four decades before the Covid-19 pandemic.
quote:
Recent economic data indicate that China’s economy is likely to remain trapped in a deflationary cycle for an additional two years. The weaker-than-expected Consumer Price Index and Industrial Producer Price Index highlight this ongoing deflationary trend, likely worsening already sluggish domestic demand. China’s deflation is creating a vicious cycle, resulting in higher unemployment and reduced consumer willingness to spend as people anticipate lower future prices. To effectively address the issue, deflation cannot be solved merely by printing more money; it requires a holistic strategy.
It seems unlikely that President Xi will alter his longstanding habits. He tends to place excessive emphasis on boosting the capabilities of the high-tech manufacturing sector, particularly within state-owned enterprises, and on government intervention. This top-down focus often comes at the expense of creating a supportive environment for private enterprises and providing targeted assistance to the population regarding income. Additionally, support for the service sector is often overlooked.
The greater concern among the economic community in China and globally is whether the country’s real estate crisis matches the property bubbles experienced elsewhere. If it does, this suggests that China faces a cyclical issue: It will eventually hit rock bottom and recover. The key question now is when that inflection point for recovery will happen. One thing is clear: China’s deflation is unlikely to reach its lowest point this year.
Posted on 4/4/25 at 10:03 pm to AUJACK
Naw slow fanni pro is a contrarian posing as a moderate attorney.
Posted on 4/4/25 at 10:04 pm to Jbird
quote:
2000 posts in 15 days fricking impressive.
Well when one basically says the same shite over and over, even “generically” in response to an array of topics/discussions (different topics, same commentary), it may not be quite the feat it first seems.
Posted on 4/4/25 at 10:05 pm to AUJACK
quote:
When you state parties, do you mean China vs USA?
That comment included China, but was not exclusive to China.
quote:
China's well being is not the concern of the United States. I'm beginning to think you are getting paid to shill for China.
Because I said trade benefits both parties?
The argument is that we benefited more, in case you missed it.
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