Chinese Economy Watch


What that wu-Mao didn't add was that The Han were so accomodating that they provided them their own women as per their ancient traditions & got as many secrets out of them as possible.

They also paid them off when they couldn't be honey trapped. It's thanks to all these efforts Zhongguo managed to get their Turbo Fan program on track & take their aircraft building program at another level.

Completely believable isn't it ?
 
Of course,

The result is more important than the process

Here's to the abandoned Soviet project of the 1980s
you pretend to be very practical, but remember evil practices are always destroyed, funny prostitutes will say the same
 

View: https://twitter.com/codyaims/status/1889140747284468088?s=19

Just remember "China rounds down". Small business -> 0. They have effectively infinite demand for their services so they care about zero about you. Small IP -> 0. Circuit schematics with <5 pages are considered open source to them. "Product/branding concept" is not IP to them.

if you build something in either high volume/high cost AND your product is sufficiently complicated, they tend to not bother copying or muntzing it.

Han business ethics!!

Where CCP Han masters cheat their Han slaves, Han slaves cheat their Han masters, Han masters cheat fellow Han masters, Han slaves cheat fellow Han slaves & all of them put together cheat the whole world.

What a wonderful society & nation the Han is?! Even Confucius would be proud of the Han. So would great helmsman 1.0 for avenging the century of humiliation.

You ought to be proud of your nation & people @rockdog
 
To do that, you have to increase tariffs on all countries,

Tariffs on China alone will not do that
I think to bring back manufacturing USD can't be reserve currency/the destination for global excess savings.

Till that happens the US #1 export will be the dollar at the expense of everything else.

They need to force a USD devaluation. Maybe tariffs are their way of getting the ball rolling.

Hopefully the reserve asset to settle global trade is gold.

The transition will be painful for everybody but the other side will be prosperous for world. I think a lot of societies ills stem from the fact that worlds economic activity is based on bullshit printed in any one country.

disclaimer:

I'm heavily invested in junior gold miners :)
 
I think to bring back manufacturing USD can't be reserve currency/the destination for global excess savings.

Till that happens the US #1 export will be the dollar at the expense of everything else.

They need to force a USD devaluation. Maybe tariffs are their way of getting the ball rolling.

Hopefully the reserve asset to settle global trade is gold.

The transition will be painful for everybody but the other side will be prosperous for world. I think a lot of societies ills stem from the fact that worlds economic activity is based on bullshit printed in any one country.

disclaimer:

I'm heavily invested in junior gold miners :)
The USD was the reserve currency post Breton Woods after the end of WW-2 & both - a mfg powerhouse plus exporter right till the end of the last millennium. It still mfg & exports a lot though not as much as before for obvious reasons.
 
The USD was the reserve currency post Breton Woods after the end of WW-2 & both - a mfg powerhouse plus exporter right till the end of the last millennium. It still mfg & exports a lot though not as much as before for obvious reasons.
USD was directly convertible to gold till 1971.

US absolutley was and is still a manufa turing power. Just the relative decline is huge.

Germany and Japan started taking part of their pie as soon as they rebuilt after ww2.

They had to do plaza accords cause of how much japan was eating their lunch in the last millennium. Which bought them a few years till china's WTO admission.

They will always be plugging holes on a leaky dam as long as the monetary system is what it is IMO.

It just makes no sense to pay the costs to manufacture in America for many many things.

Even their services are getting offshored now to india. Which is causing white collar butthurt all over the internet. I'm sure its another hole I'm sure they would like to plug
 

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