marianatom

6 ms·

1.
by marianatom 3y ago
> If china is in a great depression, then so is the rest of the world And how did you arrive at this conclusion? US seems fine right now with record low unemployment, strong dollar, and increased factory activities. While detachment fr
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by marianatom 3y ago
1.) China's unemployment rate is no where near comparable to europe's. China considers one employed if one has worked at least ONE hour a week. or if their family have land to farm. 2.) There's nothing comparable to what&#x
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by marianatom 3y ago
China IS in a Great Depression. The government is making the numbers seem a little bit better, but with 21% official youth unemployment rate - definitely higher since netizens have found that only 20% of this year's graduate has secur
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by marianatom 3y ago
China's PPP should reduce in half this year. It has seen massive layoffs from every industry (average 22% decline in revenue across all industries). It has seen 50% reduction in wages, even in stable positions like government offices
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by marianatom 3y ago
Meanwhile, China's solar industry is in rapid decline, dropping 40% in market cap y/y, due to overcapacity, falling price margins, bans on goods from China's Xinjiang region, and increased non-Chinese solar growth - US's
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by marianatom 3y ago
> You can erase them that's not how economics works. if that's the case, you would not see the Chinese governments (federal and local) doing desperate things to collect more revenues like: - China considers measures to encoura
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by marianatom 3y ago
There are so many wrongs with your statements that I don't know where to start. I'll just tackle one of them. "build a high speed rail network", implying that US is failing there. China is suffering from a $1 TRILLION d
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by marianatom 3y ago
Harvard Business Review will do a case study on Disney on how to best avoid tackling a new customer segment and piss off/insult your core users at the same time
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by marianatom 3y ago
lol, how presumptuous. I have visited China in 2007, before it turned authoritarian/dictatorship. I would not visit China again to support the dictatorship. I can visit any number of democratic countries like Taiwan. I feel for thos
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by marianatom 3y ago
here's the thing, humanity got lucky. there was a nonzero chance that china and the dictatorships could have triumphed. if China didn't botch the chance to overtake US in 2008 with a capable dictator. if China got its hands on man
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by marianatom 3y ago
here's the thing, humanity got lucky. there was a nonzero chance that china and the dictatorships could have triumphed. if China didn't botch the chance to overtake US in 2008 with a capable dictator. if China got its hands on
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by marianatom 3y ago
I think you misread my point. My point regarding NAFTA was that US did not actually lose a portion of its economic output when the manufacturing declined. The old factory workers switched to a more profitable job, thus the income increase
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by marianatom 3y ago
You can brush any counterpoints away you want by mentioning pundits who are too early in their prediction. Sure, let's talk about broader context and macro trends. unless something big changes, these macro trends won't go away: -
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by marianatom 3y ago
Actually US and China is disengaging, and we can already see what would happen if trade were to stop tomorrow, by what's happening now. China June 2023: Massive reverse migration by laborers back to countryside, Shanghai population do
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by marianatom 3y ago
One government sponsored number, vs multiple numbers pointing to China's economic decline, which multinationals check in order to gauge the real health of China's economy. Multinationals know the real numbers, which is why they&#
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by marianatom 3y ago
> China does seem to have clear eyes with it comes to world politics You're hyping up Xi Jing Ping, who is considered an idiot in most elite circles including Putin, too much. One belt and one road is now considered a failure with
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by marianatom 3y ago
Yeah and that's not the crazy part. There's a 50% drop in marriage rate in 2023 compared to 2022.
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by marianatom 3y ago
Meanwhile in China: - exports plunge by 7.5% in May, far more than expected https://www.cnbc.com/2023/06/07/chinas-exports-plunge-by-7po... - profit tumbles 18% in April https://www.reuters.com&#x2
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by marianatom 3y ago
According to the office for national statistics in China, for jan/feb of 2023 http://www.ce.cn/xwzx/gnsz/gdxw/202303/27/t20230327_38464161... , car manufacturing profits is down 41%. non-metal p
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by marianatom 3y ago
Related note: American Patriots nailed Putin’s hypersonic Kinzhal missile. The world has changed https://www.telegraph.co.uk/news/2023/05/17/american-patriot... subtext: Xi Jinping will be annoyed by thi
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by marianatom 3y ago
My quote was to prove China is still maintaining that ties with Russia are "unlimited". I don't care what lies China is telling Europe :)
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by marianatom 3y ago
4/23/23: China's cooperation with Europe and other nations is "endless" just as its ties with Russia are "unlimited", China's envoy to the European Union said https://www.reuters.com/w
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by marianatom 3y ago
After narrowly lagging behind China in 2022, Mexico officially became the US’s largest trading partner at the start of 2023, according to new US Census Bureau figures. https://www.gfmag.com/magazine/may-2023/mexico
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Ukraine shoots down Russian hypersonic missile using US Patriot system(telegraph.co.uk)
4 points by marianatom 3y ago|1 comments
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by marianatom 3y ago
You are wrong. Yuan is still only 3% of global currency reserve, behind dollar (60%) and euro (20%). https://carnegieendowment.org/politika/88926 . up from 2% in 2017... China is Russia's ally in the war, and even
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by marianatom 3y ago
> Yuan will be the dominant currency... No. Just No. Yuan is not convertible and volatile. it's only 3% of global currency reserve, behind dollar (60%) and euro (20%) https://carnegieendowment.org/politika/889
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by marianatom 3y ago
According to the office for national statistics in China, for jan/feb of 2023 http://www.ce.cn/xwzx/gnsz/gdxw/202303/27/t20230327_38464161 ..., car manufacturing profits is down 41%. non-metal p
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by marianatom 3y ago
Go watch unbiased Chinese citizen videos like https://www.youtube.com/@laobaixing-CN , https://www.youtube.com/@China559 , https://www.youtube.com/@user-ii2lv3iq9r https://www.yout
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by marianatom 3y ago
Both Baerbock and Macron are just there to milk China for whatever China has left. They both know China is now entering its third year of its own Great Depression, with 30% unemployment rate (even food delivery jobs are scarce now), 90% un
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by marianatom 3y ago
You're making money off Americans. Giving some investments to create jobs for Americans make sense. Henry Ford famously overpaid his workers to create demand for his cars https://www.npr.org/2014/01/27/

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