Something big is going on in China...

[kompir]

Originally Posted by Risto the Great

I've made a career out of doing that.

I just lost my shit

[kompir]

China is done:

https://www.news.com.au/finance/econ...0a9d5f75034450

[Risto the Great]

USA did the same thing to Japan in the 1980s. It never really recovered.

[kompir]

Originally Posted by Risto the Great

USA did the same thing to Japan in the 1980s. It never really recovered.

Japan was as big a threat to their hegemony at that time as China was up until very recently.

[Vangelovski]

Originally Posted by kompir

China is done:

https://www.news.com.au/finance/econ...0a9d5f75034450

Good. They never should have gotten into bed with totalitarian communists.

But how do you know its true? Its just MSN right?

[Risto the Great]

Originally Posted by Vangelovski

Good. They never should have gotten into bed with totalitarian communists.

But how do you know its true? Its just MSN right?

Main Stream Media MSM

Hang on big fella. You might have missed the bit about CBDC currency being trialled all over the world. In case you're out of date, Australia will be trialling their own digital currency in Canberra (of all places) this December. The advantages over the existing system are zero. The disadvantages are the controls which will be easily implemented in the currency which are precisely the same as what China is already doing. These controls limit what you will be able to do with your money based on your social/carbon/whatever credits. We are heading into a totalitarian [INSERT ANY WORD OTHER THAN COMMUNISM HERE TO MAKE YOU FEEL BETTER].

I fear you might be begging for some good old fashioned communism by the time they are done with us.

[Vangelovski]

Originally Posted by Risto the Great

Main Stream Media MSM

Hang on big fella. You might have missed the bit about CBDC currency being trialled all over the world. In case you're out of date, Australia will be trialling their own digital currency in Canberra (of all places) this December. The advantages over the existing system are zero. The disadvantages are the controls which will be easily implemented in the currency which are precisely the same as what China is already doing. These controls limit what you will be able to do with your money based on your social/carbon/whatever credits. We are heading into a totalitarian [INSERT ANY WORD OTHER THAN COMMUNISM HERE TO MAKE YOU FEEL BETTER].

I fear you might be begging for some good old fashioned communism by the time they are done with us.

I really don't understand your point. Are you under the impression that because I oppose totalitarianism overseas that for some unknown reason I support it at home!?

[Risto the Great]

I have a feeling you don't like "totalitarian commies". We are seeing the west becoming increasingly totalitarian. You said it was good that the (mostly) American corporations got out of bed with the commies, but meanwhile those same corporations are now even dictating government policies. No doubt you have seen the MoU between corporations and the UN such that we effectively have United Nations and Corporations now.

My point that you failed to grasp is that there won't be any better beds to get into soon enough. So why was it good that they left? There used to be a belief that doing business in China would help open them up and democratise the nation. But that was bullshit, the corporations went there to make money. If it becomes too hard, they will leave.

You left out "commies" in your follow up post. I'm glad it wasn't just the commies you hate.

[kompir]

Originally Posted by Vangelovski

Good. They never should have gotten into bed with totalitarian communists.

But how do you know its true? Its just MSN right?

I know it's true because I saw the genesis of the exodus out of China in late 2020.

From my vantage point as the owner of a business that bought direct from the biggest brands in IT, I was able to see first hand what these companies were doing to initially circumvent the Trump tariffs. When NVIDIA and AMD launched their then current graphics cards in late 2020, there was no stock to be had for at least a year. What stock came through was the stuff coming out of Vietnam.

Why Vietnam?

Vietnam was the easiest (and closest) way to get product out of Shenzen and Guangzhou and to the market without facing the ire of the US scumbags hell bent on confiscating everything out of China that wasn't taxed appropriately. The shortages were the US government seizing entire shipments they decreed were bound for the US but weren't actually headed there.

About 18 months ago, Gigabyte and ASUS were the first to send out notifications that they were moving production out of China and into Vietnam and Taiwan for the high end product stack. Before that announcement, their product was being re-badged as "Made in Vietnam". They moved out because they saw the local conditions deteriorate to the point where their operations were in jeopardy. Anyone with any skin in the China game knew that should their property market go tits up, it was all over red rover (it was all funded by debt). When Evergrande shit the bed last year, it was the black swan for them, many didn't see it as such (many still don't realise that).

Then you have China's one child policy... for near on 40 years, they were discarding first born girls like it was going out of fashion. That's near on a generation and a half of inbalance that they are finally realising has done them in. China is in panic mode trying to avert a generational collapse, all in vain of course as you can't just magically create 40 million girls.

If the MSM is reporting on it in tempered tones, you can bet the farm that their problems are orders of magnitude worse.

[Carlin]

China will be declared an official "threat" in a new strategic review of Britain's enemies