Miscellaneous News

jblas13

Banned Idiot
Registered Member
Rumour I heard was it will ban US investment into companies where the majority business is to do with things like quantum computing or AI, note the word majority. If true then this would be a make job program for accountents to see how creatively they can structure Chinese companies to stay under the limit.

"Why yes this potato farming business does have a minor branch doing quantum computing, purely for potato and potato related research you understand."
That’s the whole point of it lol. It’s an effective ban on most direct investment even with the savings clause because companies are unlikely to give extremely detailed records over to investors, it increases the administrative burden on investors and creates a chill as to whether certain activities are legal or not (especially that since under IEEPA, the list of prohibited activities can be expanded at any minute). The point of the executive order is to prevent the formation of professional networks to help Chinese firms sell into the U.S. and to chill investment in China of all stripes and the executive order achieves this by it’s very existence, not the particular details of the existence (this is essentially the void for vagueness challenge).
 
That's the entire point. If even during a recovery from a massive lockdown (where you'd expect growth to be unsustainably high for a few quarters), you have a growth rate that's lower than normal pre-COVID times, then what that shows is that COVID massively scarred the economy and sent it on a permanently lower growth trajectory
The effect is neither massive nor permanent. There are both long-term and short-term factors driving down economic growth. Short-term factors include 1) being at bottom of economic / investment cycle 2) effects from corrections in real-estate 3) decreased demand in many significant markets for manufactured goods. Long-term factors are 1) less and less low hanging fruit / lower ROI on investment 2) rising labor costs leading to labor-intensive low value-add manufacturing being no longer viable even in 2nd/3rd tier cities 3) already high level of development / output.

Short-term factors is dampening the economic rebound, but it is sound policy to channel the rebound potential into correcting long-term risks rather than pursuing maximal growth for short period of time. Long term growth is never going to bounce back to sustained 6% growth anyways. Sustaining around 5% growth for next decade before dipping even lower to 4-5% is best long-term outlook.

However, in order to achieve and sustain such levels of long-term growth, the policies of the previous decade will not work. Continual policy changes will be needed in order to continue growth and development. There are real risks to long-term growth that needs to be addressed. Despite the economic situation so far this year not being as rosy as some would hope, it is important to not misinterpret the situation and come to the wrong conclusions regarding policy. Government policy makers needs to focus on long term risks and focus on healthy sustained growth and not be distracted by propping up short-term growth to long-term detriment.

The world is not in a recession. Too much demand leading to higher rates and inflation is the opposite of a recession

No, the increased rates and inflation has nothing to do with demand. The cause is supply shock. East Asian exports is a direct gauge for global demand, and exports are down in all East Asian countries across the board.
 

jwnz

Junior Member
Registered Member
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The exact quote:


Not necessarily violence. I think the bigger implication was whether the British were willing to risk losing everything (businesses, etc.) by maintaining a sovereignty claim.



As you can see in the link above (and there are others like it for those that have a distaste for CNN), UK never had any illusions about keeping HK and actually the Falklands war did have an indirect impact on he negotiations.

What's more interesting is that Zhou Enlai always had a lot of foresight into how he could use HK to the PRC's advantage. First, they never invaded HK in the immediate aftermath of the war. Then when the British had considered giving HK more political freedom in the 50's, Premier Zhou could foresee how this could be used as a lever to be used against the PRC and strongly advised against it. When the leftist riots gripped the city in the 60's, he actually moved against them. He also guaranteed water and food delivery to HK even when PRC was poor. This guy had a 50 year plan, amazing...

CNN said this on the point of democracy:
“very unfriendly act,” premier Zhou Enlai reportedly told British officials in 1958. Another Chinese official in 1960 threatened potential invasion if the UK attempted to introduce greater democracy to the colony.

The full background is actually this (
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):
How convenient for the UK to cite that the lack of any democratic reform in HK during the entire period of British rule (except for the final 2 of the 150 years) was due to the threat of PRC, and nothing to do with the British were more than happy to not allow HK Chinese to have any say anyway.
 
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BlackWindMnt

Major
Registered Member
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India's condition for new members to join BRICS: "Support my bid to become the 6th permanent member in the UNSC with Veto power. Make me a Superpowah in the UN!". Like a gangster asking for support from a new member for his bid to become the next Underboss.

I think aspiring BRICS countries should just say yes to India, join the BRICS, and then forget all about it after. If anything, China could still Veto India's ascension into the UNSC permanent seat, citing India as an unprofessional warmongering idiot threat. What is India gonna do then? Kick out the new members of BRICS? Its gonna need votes from the other founding members too, especially China and Russia. What is India gonna do then? Sulk? Sabotage? Or leave BRICS? Good luck!
If it means France or UK are stripped of their permanent member status.
 

pmc

Colonel
Registered Member
Oil!
Ever heard of a “Dago Dazzler”?
do you think this is oil that person has to come stairs of plane?. i have seen many protocols of recent Qatar emir visit to Central Asia. They are unlike anything else.
imagine Arab civilization started in Europe and Europeans born in desert let see who can survive this long. because Arab invasion from North would have been alot ruthless.
They were not idiots even in 1970s. when Shah of Iran was buying that unreliable junk F-14. Arabs were planning F-15 and proper Boeing AWACS. not that uncomfortable E-2.

1692138677425.png
 

james smith esq

Senior Member
Registered Member
do you think this is oil that person has to come stairs of plane?. i have seen many protocols of recent Qatar emir visit to Central Asia. They are unlike anything else.
imagine Arab civilization started in Europe and Europeans born in desert let see who can survive this long. because Arab invasion from North would have been alot ruthless.
They were not idiots even in 1970s. when Shah of Iran was buying that unreliable junk F-14. Arabs were planning F-15 and proper Boeing AWACS. not that uncomfortable E-2.

View attachment 117274
Dago Dazzlers!
They weren’t even considered for advanced purchases until the fall of the Shah; second choice.
They had to submit to their Zionist masters, first! So-called Muslims submitting to a god other than Allah?
Saudis were flying British Electras, JUNK!!!
Arabs couldn’t defeat Israel in FOUR attempts, dumb, backwards, idiot, losers! Using JUNK Russian equipment!
 
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FriedButter

Brigadier
Registered Member
Vivek Ramaswamy got zero chance of getting elected. He probably is the only one that spoke aloud to the fact that Taiwan is on sale.
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He already sank his campaign 3 days ago. His just doubling down on it.

GOP 2024 candidate Vivek Ramaswamy ‘open’ to pardon of Hunter Biden (and other Bidens)​

GOP presidential candidate Vivek Ramaswamy is considering issuing hundreds of pardons should he be elected president — eventually including members of the Biden family.

“After the I am leading the great revival. After we have shut down the FBI, after we have refurbished the Department of Justice, after we have systemically pardoned anyone who was a victim of a political motivated persecution — from Donald Trump and peaceful January 6 protests — then would I would be open to evaluating pardons for members of the Biden family in the interest of moving the nation forward,” the 38-year-old biotech millionaire told The Post.
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