Miscellaneous News

Taar

Junior Member
Registered Member
China is in deflation mode. Estate crisis shrinks the domestic residents' expenditure confidence. Everyone is saving money rather than spending. This turns into a vicious cycle, everyone spends less, adding with the AI+automation, jobs and earnings become less, which makes everyone spend further less.

The government has come up with lots of policys, but all were not that effective as expected. Meanwhile, the gap between rich & poor remains large. Everyone is pessimistic about the economy future.

The country's tech is leading the world and fast advancing, but majority of 1.4 billion is not working in the tech sector, they are the ones to be replaced by AI & robots. They're left behind by the great era. They can only depend on the normal service sector. But if the domestic consumer spending can't go up, the service sector cannot absorb the largest amount of working-age population, China is doomed. Countless problems will come along as unemployment ratio keeps going up.
Deflation because the cost of goods are dropping, a lot of it is from increase in productivity. Just brought a water heater after 10 years, it is only about 50% of the price back 10 years. Cars, electronics, and a lot of fruits, nuts, hairy crabs, different fishes, prices are also lower, because increase in productivity.

The so called estate crisis, the drop in price of property, is the means to balance the haves and have-nots, to reduce inequality.

Job markets bad, because too many college graduates with "文科“ degree which are not needed. You can check the number of college students increase, and the percentage of "文科” students. And there is the trade war and tariff war, everyone is involved, of course the market is not good, everywhere is the same.

People are not saving money, just everything is cheaper, money is worth more, unlike the US, from my experience there is about 50-100% inflation from 2020 to now.
 

Taar

Junior Member
Registered Member
You are using PPP right? Even by that metric, it is 41 trillion for China and 30 trillion for US, so around 1.35.

Nominal GDP however is the agreed upon usual metric for cross-comparison of country GDPs. Why? Because that is what is tradeable and exchangeable. Not to mention, nominal GDP has a bigger bearing on tradeable sector, tradeable goods, investment and cash flows, currency etc.

PPP GDP is a purely hypothetical figure, which is not even correctly calculated. I actually believe China's PPP GDP is significantly higher than calculated.



For the economy, the right metric for comparison is nominal GDP. If China let's the RMB rise, I would be the biggest fan, and would be singing praises. Obviously, the next step would be to equal US in per capita, but overtaking US nominal GDP would be praiseworthy feat in and of itself.
Talking about GDP with out looking at how GDP is calculated is stupid.

US count a lot of stuff in GDP, China does not count a lot of stuff in GDP.

So maybe, the number is for when using the same calculation for both China and the US.
 

jli88

Junior Member
Registered Member
I have a problem with it, but I'm not paranoid enough to think that a trend will stretch irreversibly for generations.

It's not even paranoia to be alarmed by the situation since no other country has fixed its demographic problem. And the urgency required to reverse it is clearly not visible.

What? It's heavily correlated. That's like saying muscles have nothing to do with strength.

You need mass as well, doesn't matter how developed you are, you need scale and development.

What's the point? It's not going to become a superpower that way no matter how much it has because G2 phase when you have to fight is a real bitch.

A country's sole purpose is not just to become a superpower, that is something only applicable to large countries in the first place. For most countries it is also to serve their citizens as best as possible.

Imagine... LOL child. Yeah yeah, imagine a China will 100X that. Then imagine one with 1000 times that.

Why can't you even imagine a China will 4 times the nominal GDP of US?

Who said this? Where is the math?

Look up any country that became developed from developing in terms of nominal GDP, you will find the trend. Just by your refuting it doesn't make the logic disappear.

Who said this? Where is the math?

Look up any country that became developed from developing in terms of nominal GDP, you will find the trend. Just by your refuting it doesn't make the logic disappear.

No; it's not doing so because you imagine it can but you are a person known to speak about things you do not understand. China is fighting a trade and tech war with the entire West.

If it is, then all the more reason to launch a stimulus aimed at tech and getting the economy and domestic demand in better shape.

The domestic demand issue is so severe, that even the president himself is on record criticising the lack of demand.

No, they are the same matter. It is the water that fish swim through and the size of the fish. Never compare the speed of small fish in a still pond or swimming downstream against the speed of a shark or whale fighting the current.

But then how is it that an even larger fish (US) is growing faster? US has higher growth rates (nominal) despite growing from much larger base.

You ask stupid questions, you answer them.

You have been excusing the need for a higher rate of growth. You should answer it.

It matters to trade. It doesn't matter to the domestic economy for things like technological growth and military development. Why don't you continue your last conversation where you lost? Why start it again?

Trade is a significant chunk, and nominal GDP does matter to even tech growth because a higher nominal salary helps attract and retain talent, especially high tech talent which is globally mobile like a tradeable commodity. Nominal GDP also matters to companies whose revenue and investment is in nominal figures. Please use any AI including chinese ones to understand why deflation coupled with low nominal growth is so harmful. It is an economist consensus.


Oh, I did the same with Georgia Tech and everyone said they'll return home to serve the country. All the foreigners said they'll work for China too cus the US has spiraled into insanity. All the white kids said they'll send whatever tech they get to China to help end America's last tantrum. We all have our little stories, don't we?

You are clearly making that up. I will post data later that actually tells how many Chinese PhDs stay in US, and the trend.

And everyone disagreed with you, proved that you don't even know what lithography was while debating tech, and you lost and ran away. Nobody cares if you disagree again. We'll put you in your place again.

Nope, you are even misrepresenting what I did get right, which was the name of the lithography company in Japan. Not what lithography itself is or the like. That you are stuck to one incident of me remembering the name wrong shows how hollow this effort is, to seize my mistakes.

Fake paper money reliant on civilities, nothing compared to actual material dominance that China has.

How is having dominant market share of these products related to fake paper money?

That is taking such a beating from China it looks like Nazi Germany right now

Dude, US is literally positioned on China's doorsteps. Please have some humility and don't talk nonsense. US has, literally prevented, China's reunification.

Nobody cares about nominal. It's all in the PPP. China decides when it wants to overtake the US in nominal by revaluing its currency. It can be tomorrow or never. Our call.

A lot of people care about nominal. You might not be the one, that's ookay. Most countries have no control over their currencies, China does have some control, however, appreciation to that extent where tomorrow it becomes a larger economy than US will have huge negative effects, so won't be countenanced.

LOLOL No one here said you're healthy. There is no such thing as healthy paranoia. Paranoia is a mental sickness thinking things will happen without reason or evidence. "Healthy paranoia" is called being analytical. And you can't be analytical when you never understand the topics you're talking about.

Let me quote Andy Grove from Intel, "Only the paranoid survive."

Because you want to imagine that an apple in the US is worth 8 apples in India?

An apple is a tradeable commodity. Even if it were grown in India, US would pay only marginally higher for it to import and transport it. The high costs in a grocery store include the rent, grocer margins, labor cost in the US which would make it more expensive.

-------------------------------------------

I am not going to reply any more. It's clear we both have different thoughts, and are unable to influence each other.
 

Tessier2501

Just Hatched
Registered Member
Look up any country that became developed from developing in terms of nominal GDP, you will find the trend. Just by your refuting it doesn't make the logic disappear.
No other country has ever gone through the stage China is currently going through. You must understand that submissively rising under the will of the dominant power is entirely different from violently confronting the current dominant power.
 

AssassinsMace

Lieutenant General
Please, Log in or Register to view URLs content!

Kaja Kallas talking about the US but she’s talking about China also since that’s what Europeans are arguing that Trump is becoming like Russia and China. The hypocrite talks about the “superpowers” overestimating themselves… What then are countries that are not superpowers overestimating themselves? It’s the same thing and that’s you, Europe, the garden, thinking they’re better than everyone else’s jungle.

Of course the tactic is Europe wants the “middle power” countries to unite… under Europe’s direction so they can control and exploit their strategic resources to which Europe has none themselves in abundance. It’s the same Western imperialistic song sung to a different tune. The fact is the important middle powers that are not them and those resources Europe needs mostly have China as their number one partner.

Why does the West fear China’s Belt and Road? Because China is helping countries the West including Europe ignored during the Cold War because they didn’t see them of value worth helping. Why does the US give so much attention to South Pacific Island Nations? It’s because their populations are small meaning they can easily be bought cheaply thus the US has UN votes on their side when necessary.

Just like in history the countries the West saw as worthless a hundred years ago seem to end up sitting on top of elements that today are seen as important. Europe doesn’t have the money to buy off these countries so they’re relegated to the fake romance they’ve spun for themselves. “It’s you and me against the bully superpowers of the world.” Yeah and they’re only first world countries because stealing other countries’ wealth and then they were riding off the coattails of the US under the belief they were superior to everyone else.

China is paying for resources in other countries the West never did because they were their colonies and just took them for free. Look at France and the recent turmoil that took place in their former African colonies. That was a revolt against French colonialism and exploitation that was still happening. And they still think they’re the better choice.
 

manqiangrexue

Brigadier
It's not even paranoia
LMFAO, you said paranoia is good; I didn't. Now you don't want it anymore. LOL
to be alarmed by the situation since no other country has fixed its demographic problem. And the urgency required to reverse it is clearly not visible.
Yeah it is paranoid to have just about the largest population in the world and to face a problem that would only be generations away if the current trend could not be reversed. With the China changing every year for the better, I'm not worried; I would support thinking about it to see what can be done but I'm not alarmist. And the fact that no other country is fixing it means that we're in good company; it's not a unique problem but we have a much larger buffer.

We are talking about economics; why are you always going on and on about demographics? They banned a thread because of annoying alarmist shit like this.
You need mass as well, doesn't matter how developed you are, you need scale and development.
We got it and we got it for the forseeable future.
A country's sole purpose is not just to become a superpower, that is something only applicable to large countries in the first place. For most countries it is also to serve their citizens as best as possible.
OK then, it is not comparable between a country that wishes to fight for the world throne and a country that just wants to get along. Their challenges are very different.
Why can't you even imagine a China will 4 times the nominal GDP of US?
Who said I can't? I can imagine a billion times; can you? Why stop at 4, mental capacity reached? LOL
Look up any country that became developed from developing in terms of nominal GDP, you will find the trend.
The trend is that countries grow slower entering the developed phase. That's China, but we have extra, don't we? We fight monsters instead of begging them for things.
Just by your refuting it doesn't make the logic disappear.
Refuting with correct logic absolutely makes the oversimplified logic break. That's how debate works.
If it is, then all the more reason to launch a stimulus aimed at tech and getting the economy and domestic demand in better shape.
That's not a problem.
The domestic demand issue is so severe, that even the president himself is on record criticising the lack of demand.
It could be better, so could a lot of things, for every country. Doesn't mean it's worth a shit to make up numbers and saying you wish it were there.
But then how is it that an even larger fish (US) is growing faster? US has higher growth rates (nominal) despite growing from much larger base.
Because the US is a smaller fish and it's growing slower. Nominal rates are bullshit that anybody can manipulate. PPP is absolute. You have these stupid questions because it is your nature to twist things to look like America is doing better.
You have been excusing the need for a higher rate of growth. You should answer it.
Higher growth rate is great, but there is no need for it, because need means you will not survive without it. We are on track to surpass the US as is; higher growth rate makes it faster. Faster is great, but need is too harsh a word.
Trade is a significant chunk,
18%, much less than the domestic economy
and nominal GDP does matter to even tech growth because a higher nominal salary helps attract and retain talent, especially high tech talent which is globally mobile like a tradeable commodity.
Salaries are calibrated to cost of living in the area
Nominal GDP also matters to companies whose revenue and investment is in nominal figures.
Then they should use PPP
Please use any AI including chinese ones to understand why deflation coupled with low nominal growth is so harmful. It is an economist consensus.
Don't push your responsibilites on programs. If you have something to say, say it, and we'll stomp it. I'm not fighting AI; I'm beating you.
You are clearly making that up.
You are clearly making your entire argument about economics up, just like you did about tech, because you have very little knowledge but a very big mouth.
I will post data later that actually tells how many Chinese PhDs stay in US, and the trend.
LMFAO, "later," cus you need to do some excel manipulating, including and excluding to make it look like what you want. It takes me 2 minutes when I don't manipulate anything.
Please, Log in or Register to view URLs content!

But it seems you don't understand that when China is moving faster than the US and the brain drain is decreasing, it's all inclusive and set to accelerate China's overtake.
Nope, you are even misrepresenting what I did get right, which was the name of the lithography company in Japan.
You're so funny, bragging about getting the name of a company right when you don't understand what the technology is.
Not what lithography itself is or the like. That you are stuck to one incident of me remembering the name wrong shows how hollow this effort is, to seize my mistakes.
No, your common mistakes are everywhere. Measuring the economy by nominal instead of PPP is a high school level mistake.
How is having dominant market share of these products related to fake paper money?
Market is all about buying and manipulating who can buy even if your tech is inferior. But in the end, superior tech always wins everything.
Dude, US is literally positioned on China's doorsteps. Please have some humility and don't talk nonsense. US has, literally prevented, China's reunification.
Dude, that's what the US managed at the end of WWII when it was at its strongest and China at our weakest. You ask for humility but you cannot show any, and you certain don't keep up with the changing times and power dynamic.
A lot of people care about nominal.
Meaning just you?
You might not be the one, that's ookay.
Or the rest of us. Or my econ professors. Or the books that tell us how to measure the domestic economy.
Most countries have no control over their currencies, China does have some control, however, appreciation to that extent where tomorrow it becomes a larger economy than US will have huge negative effects, so won't be countenanced.
So stop asking for it! You're the only dipshit asking for it!
Let me quote Andy Grove from Intel, "Only the paranoid survive."
Oh shit, if Andy Grove said it, it must be true, huh? So if anybody is alive and not paranoid, what does that make Mr. Grove?
An apple is a tradeable commodity. Even if it were grown in India, US would pay only marginally higher for it to import and transport it. The high costs in a grocery store include the rent, grocer margins, labor cost in the US which would make it more expensive.
And that is how stupid you are. An apple is eaten for enjoyment and nutrition so people can work, braindead market slave.
-------------------------------------------

I am not going to reply any more.
You're not gonna reply anymore because you're always wrong, run away, then say the same stupid defeated shit over and over again. See you next time; I'll be here with my roach-stompin' boots again.
It's clear we both have different thoughts, and are unable to influence each other.
I figured you weren't smart enough to learn a long time ago. I'm here so other people can watch watch this beatdown I'm giving you.
 
Last edited:

horse

Colonel
Registered Member
Wow, imagine getting cancelled so hard by Western media outlets for daring to criticize Israel that you come full circle to realize how hypocritical the West is....

I am really surprised by this, because Ai Weiwei is old, and old people rarely change their minds about anything.

The anti-China people in the world will have a very difficult year.

Next visitor to China will be Merz, then Trump!

:D
 
Top