American Economics Thread
- Thread starter Bernard
- Start date
So much for Trump's trade war is easy to win. And bring jobs back to America.
He is doing a good job in destroying America and all without China having to be the aggressor. And the best part is that it is entirely self inflicted
Ant Group IPO is expected to reach over $30 billion, making it the biggest in world history. Especially galling is that Citigroup, Goldman Sachs and JP Morgan are overseeing it in Hong Kong and Shanghai. You can expect the world billionaires to be looking at this closely and ready to jump in.
Ant Mega IPO sets up war with Tencent.
I think you are right. I think we should do what we can to get Trump re-elected. He's just the kind of president that China needs. Sowing division and hate all over America.
At this point, he already may have made an election impossible, what with his supporters literally turning into criminals, riots going up and the post office boxes being dismantled, even Biden doesn’t do enough to combat Trumpso him being elected is quite possible, but the damage will become more And more irreversible. Which is good for the world
Nah, there wont be any war between Alipay and WeChat Pay. Both darlings will be conduits for DC/EP rollout, and they will be internationalised because China will push tourists to use them. Just like now in Indonesia, after getting a chinese tourist visa approved, I can deposit IDR from local BCA bank and it will immediately be converted into RMB on my Alipay. The Indonesian gov also permit Chinese tourists to use Alipay/WeChat Pay, with live currency conversion, local merchants get the payment though BCA.
Looks like things have just started going by the 2008 numbers.
Doesn't matter what happens, "free press and speech" has been weaponized by political fractions via social media. It was once just a little bias reporting of big media, big bias in big media to a clown show of morons all over social media.
I know the media has a lot of power in regards to bad mouthing China but from everything I see now, there are two critical flaws: one is that the media tries its hardest to paint any kind of positive news up so that it would lessen the gravity of the situation, also tries even harder to paint the opposition in as poor of a light as possible, often with false or twisted information. Hence should this economic collapse become worse and worse, people are not going to be remotely prepare until it is far too late. Hence the media could ultimately make the downfall of the USA an even more sure of a thing. Note that they tried to paint the lose of jobs declining to 800000 is a great news even though a logical person would say that the amount of jobs already lost is still ultra bad since this lose if permanent and for that many people to lose there jobs still means that things will still get a whole lot worse anyway as this means that most of the working population is without a full time job