Arch Dornan
Oh, lovely. They've sent me a mo-ron.
Are you talking about the second/third world countries?
Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.
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Agent23
Ни шагу назад!
Countries that need Uranium, fertilizers, wheat, and oil and other raw materials and industrial and consumer goods, yes.
The ChiRussia block would be in a very good position to supply them with all that.
Go watch some of Rick Rule's videos on the subject of the 3rd world which I posted.
Here is India's growth rate, for example:
Close to 10% anally for a decade when you exclude COVID.
Those countries have a lot of people that need to get a productivity boost and to be lifted out of poverty and for that they need energy and stuff, not shitty webservices, ovrpriced financial services, worse and worse movies, and fedmoneyprinter go brr.
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LordsFire
Internet Wizard
If you have limits imposed on the transfer of money, then by definition the money is no longer flowing smoothly, as said flow has been restricted.
If you think the Chinese currency is not being inflated by government debt, you do not know much about Chinese monetary policy.
If you think they're telling the truth about their economic growth, you do not understand communist party politics.
If you think Russia can get the same reliability in trading partners and quality of goods from Chinese firms as they can out of the West, you do not understand 'state capitalism.'
With India though, yeah. As they continue to grow, they might be able to provide all the trade partner that a place like Russia ever needs. That'll still take time though.
Agent23
Ни шагу назад!
Dunno, China's CPI looks better than the cooked US CPI, and they actually place food and housing pretty high on the list of things they measure:
Got anything comparable to shadowstats for China.
India needs stuff, Vietnam, Laos, Cambodia, the rest of Indo-China, Oceania and Central Asia need stuff.
They are still growing in real terms.
The middle east needs stuff, too.
Latin America as well.
Most of those countries vetoed or grudgingly supported the western spergout.
Terthna
Professional Lurker
Keep in mind; the Chinese are straight up lying about pretty much everything, particularly anything involving their economy. The fact that everyone and their mother in China is desperate to get their money out, should by itself tell you that their country isn't in nearly as advantageous a position over western countries as they pretend.Dunno, China's CPI looks better than the cooked US CPI, and they actually place food and housing pretty high on the list of things they measure:
Got anything comparable to shadowstats for China.
India needs stuff, Vietnam, Laos, Cambodia, the rest of Indo-China, Oceania and Central Asia need stuff.
They are still growing in real terms.
The middle east needs stuff, too.
Latin America as well.
Most of those countries vetoed or grudgingly supported the western spergout.
Agent23
Ни шагу назад!
I don't trust China, either, but the U.S. CPI is garbage, too.
If you have an equivalent to Shadowstats for China please share.
These numbers are all I can find.
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
China's getting fucked their own way economically with their property grift.
The years ahead have plenty to shit on any country for shits and giggles like a cheating whore. I only wish I had an accurate crystal ball to tell me their crisis clock but if I did I'd be a millionaire oracle with all the information thrown out to process the truth from the lies.
The years ahead have plenty to shit on any country for shits and giggles like a cheating whore. I only wish I had an accurate crystal ball to tell me their crisis clock but if I did I'd be a millionaire oracle with all the information thrown out to process the truth from the lies.
Sobek
Disgusting Scalie
China is far more of a paper tiger economically speaking than Russia. Russia at least has some autarky food and fuel wise, and more of a national myth to rely on to make people handle it.
The CCP meanwhile has pretty much bribed the population into blind support with shiny trinkets. Take those away and the "save face and pretend it is all fine" culture will only carry them so far. And that is not even mentioning the absurd numbers of "good enough" shortcuts and solution they have piled on top of their white elephants of projects. You can only cook the books for so long.
The CCP meanwhile has pretty much bribed the population into blind support with shiny trinkets. Take those away and the "save face and pretend it is all fine" culture will only carry them so far. And that is not even mentioning the absurd numbers of "good enough" shortcuts and solution they have piled on top of their white elephants of projects. You can only cook the books for so long.
strunkenwhite
Well-known member
Honestly, in the hypothesis, it would be quite interesting. The interior would still be served by the Mississippi and its tributaries (as well as the Gulf), while the northern states like Michigan would have Great Lakes access for shipping.
I mean trade would still be turbofucked if the borderless movement of goods provided by the Union broke down, but it wouldn't be as bad as it could be.
Is it as historically accurate as "JFK"?
Every ones fucked in the near future its just that some people will be less fucked then others.
Carrot of Truth
War is Peace
I just hope the US can decouple from China sooner rather than later.
LordsFire
Internet Wizard
The process is already under way. How fast it goes and how painful it will be remains to be seen.
sillygoose
Well-known member
Or intentional government action.
thats covered under incompetence.
sillygoose
Well-known member
Lol. As if the US isn't doing the exact same thing. Same with our wealthy:
U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes
Eight of the biggest U.S. technology companies added a combined $69 billion to their stockpiled offshore profits over the past year, even as some corporations in other industries felt pressure to bring cash back home.
www.bloomberg.com
What the 'Pandora Papers' show about how the powerful hide money from public view
The global investigation sheds new light on how the world's wealthy use a network of lawyers and financial institutions to obscure their finances from authorities, their creditors and the public.
www.npr.org
It's not incompetence if intended. That's malice.
Terthna
Professional Lurker
Except the Chinese have been predominantly moving their money into America and Europe; not those offshore tax havens our corporations use. They're not trying to avoid paying taxes, they're trying to protect their investments from just up and vanishing one day in the wake of a collapsing economy.Lol. As if the US isn't doing the exact same thing. Same with our wealthy:
U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes
Eight of the biggest U.S. technology companies added a combined $69 billion to their stockpiled offshore profits over the past year, even as some corporations in other industries felt pressure to bring cash back home.$21 trillion stashed overseas by the ultra-wealthy. Trillions more by corporations.What the 'Pandora Papers' show about how the powerful hide money from public view
The global investigation sheds new light on how the world's wealthy use a network of lawyers and financial institutions to obscure their finances from authorities, their creditors and the public.
Agent23
Ни шагу назад!
Well, in all fairness your country is doing insane shit like taxing repatriated profits more than you do domestic ones, or at least used to, I dunno.
I thought Trump removed that stupidity.
sillygoose
Well-known member
Ok? The Chinese think the US is safe for investment, they may well not understand that they're going to get fucked when the US economy 'corrects'. The US wealthy realize the US isn't the place to keep their money, so they have boltholes all over the world and bug-out mansions in New Zealand.