China's economy is plummeting. Its actually over for chinks.

[Deleted member 26859]

All GDP is not created equal... while it's usually a measure of output for most economies, it's an input for China. The government sets targets and then uses debt to spend on as much as it needs to reach that growth target. So it isn't actually growing on it's own, they are forcing the numbers up to an insane degree just to keep things afloat. Now, a lot of governments use debt to boost their economy. The problem is with the way China does it - they spend the money on the supply-side, not the demand side.To put it simply - much of the growth from that GDP doesn't go to the people. It goes to unproductive assets and oversupply of goods. The people aren't feeling hardly any of that 5-6% you speak of, but it allows people to go on youtube and say "Look! It's growing at 5-6%!"...while much of the country suffers.


China growth isnt going to be 5 to 6%, but just 3% or below by the end of this decade. For a developing country, growth below 5% is already recession as the economy is still in dire need of more advanced services and wherewithals to weather (particularly China in this case) their inevitable aging and geographic disparities. Not to mention that all China statistics released by their stability obsessed statistical bureau must be taken with a grain of salt, the growth commands greater scrutiny. And most importantly, given China's towering debt, slower growth means China can't grow its way out of debt, at a much much lower GDP and wealth per capita in Western countries with your so-called "Great Recession". Once you are already rich and developed, slow pace is affordable. But if you are insanely aging and still poor, growth still matters a lot.



its actually over.

china is finished.

 

[forevermirin]

my guy putting that princeton degree to good use

 

[optimisticzoomer]

Muh economy

 

[eduardkoopman]

Chinese younger men have way more important things to need to worry about, than da money. Being a genetic dead end.

 

[Graham]

Could always start a war.

 

[Deleted member 32846]

All GDP is not created equal... while it's usually a measure of output for most economies, it's an input for China. The government sets targets and then uses debt to spend on as much as it needs to reach that growth target. So it isn't actually growing on it's own, they are forcing the numbers up to an insane degree just to keep things afloat. Now, a lot of governments use debt to boost their economy. The problem is with the way China does it - they spend the money on the supply-side, not the demand side.To put it simply - much of the growth from that GDP doesn't go to the people. It goes to unproductive assets and oversupply of goods. The people aren't feeling hardly any of that 5-6% you speak of, but it allows people to go on youtube and say "Look! It's growing at 5-6%!"...while much of the country suffers.


China growth isnt going to be 5 to 6%, but just 3% or below by the end of this decade. For a developing country, growth below 5% is already recession as the economy is still in dire need of more advanced services and wherewithals to weather (particularly China in this case) their inevitable aging and geographic disparities. Not to mention that all China statistics released by their stability obsessed statistical bureau must be taken with a grain of salt, the growth commands greater scrutiny. And most importantly, given China's towering debt, slower growth means China can't grow its way out of debt, at a much much lower GDP and wealth per capita in Western countries with your so-called "Great Recession". Once you are already rich and developed, slow pace is affordable. But if you are insanely aging and still poor, growth still matters a lot.



its actually over.

china is finished.

Larp masonry propaganda

 

[thenewhebbe]

Larp masonry propaganda

No argument.

 

[thenewhebbe]

Could always start a war.

Thats costly

 

[Deleted member 4362]

China mogs all white countries

 

[Hero of the Imperium]

This is cope. Europe and Usa about to be third world

Usa's plan to stave that off and continue world domination is literally to make Europe unlivable and hope to poach its human capital specifically Germans

Hence "300 million immigrants" "diversity is our strength"

It's interesting that they spell their plans out in public if you read between the lines

 

[Chinacurry]

All GDP is not created equal... while it's usually a measure of output for most economies, it's an input for China. The government sets targets and then uses debt to spend on as much as it needs to reach that growth target. So it isn't actually growing on it's own, they are forcing the numbers up to an insane degree just to keep things afloat. Now, a lot of governments use debt to boost their economy. The problem is with the way China does it - they spend the money on the supply-side, not the demand side.To put it simply - much of the growth from that GDP doesn't go to the people. It goes to unproductive assets and oversupply of goods. The people aren't feeling hardly any of that 5-6% you speak of, but it allows people to go on youtube and say "Look! It's growing at 5-6%!"...while much of the country suffers.


China growth isnt going to be 5 to 6%, but just 3% or below by the end of this decade. For a developing country, growth below 5% is already recession as the economy is still in dire need of more advanced services and wherewithals to weather (particularly China in this case) their inevitable aging and geographic disparities. Not to mention that all China statistics released by their stability obsessed statistical bureau must be taken with a grain of salt, the growth commands greater scrutiny. And most importantly, given China's towering debt, slower growth means China can't grow its way out of debt, at a much much lower GDP and wealth per capita in Western countries with your so-called "Great Recession". Once you are already rich and developed, slow pace is affordable. But if you are insanely aging and still poor, growth still matters a lot.



its actually over.

china is finished.

Interesting, I always saw u as one of those 105 IQ guys who's really insecure they're not 120+ so larps it online, but this is actually spot on, very well said.

Also if u wanna go down that high iq logic u can also add

- insane government and private debt burden diverting resources from productive economy to debt fuelled asset bubbles (that need servicing)

- insane capital flight (though this is not as big an issue as brain drain, which china doesn't suffer from cos no one wants to hire ricemen cos they're nit actually smart or have any lifeskills)

- accounting/ publicity policies (which to be fair you touch on very slightly at the beginning) meaning they inflate the true GDP of ~12tn and call it ~16tn, like some national pride thing

 

[Hero of the Imperium]

Usa's plan to stave that off and continue world domination is literally to make Europe unlivable and hope to poach its human capital specifically Germans

If successful this takes care of two rivals at once, China and Germany. Imagine instead if Germany was allowed to go its own way while Usa descends into chaos

The ruling class will make America "great again" through another wave of European immigration they are betting Germans will choose immigration to USA over China

US has already shown that it can control its white population. Divide and conquer through continued race and class baiting will be used

Africa and Mena population bomb will be absorbed by Europe, which is a hell of a lot closer. It will be a time of troubles for Europe. Usa has oceans

 

[Chinacurry]

@Chadethnic101 u should connect with @Ai Impact would benefit u, think u r similar age too

 

[Deleted member 26859]

China mogs all white countries

average yearly salary in China is 10k per year.

Average yearly salary in USA is 70k per year.

China is a joke. and poor people who we spit on.

 

[Hero of the Imperium]

- insane capital flight (though this is not as big an issue as brain drain, which china doesn't suffer from cos no one wants to hire ricemen cos they're nit actually smart or have any lifeskills)

NEA have slightly lower average verbal IQ (estimated ~2 points) than NW euros, which means much lower than Ashkenazim and Brahmin, and verbal IQ is important for GDP

Personality wise the high IQ southern Chinese tend to be more introverted and hostile. Northerners tend to be the hearty extroverts, but often also dumb barbarians

However, verbal parasitism is a feature of societies in decline and is out of control in the West, and even Ashkenazim achievement has declined

There are very real consequences to dismantling our scientific culture and the education system. The hurt will be felt in the coming generations

China is already on the cutting edge of electric vehicles, and they are graduating close to an order of magnitude (ie almost 10x) more highly trained STEM personnel than USA, each year, and their schools have largely caught up

Hence RAND's mania for more Germans

 

[Chinacurry]

average yearly salary in China is 10k per year.

Average yearly salary in USA is 70k per year.

China is a joke. and poor people who we spit on.

I mean that's not really a relevant point, but yeah I think 99% of Chinese people would prefer to live in America, and maybe 5% of Americans would prefer to live in China.

Chinese infra is amazing though, very nearly as good as usa and not heaps behind western Europe, and better than RoW and places like Brazil where half this forum is from

 

[Deleted member 26859]

I mean that's not really a relevant point, but yeah I think 99% of Chinese people would prefer to live in America, and maybe 5% of Americans would prefer to live in China.

Chinese infra is amazing though, very nearly as good as usa and not heaps behind western Europe, and better than RoW and places like Brazil where half this forum is from

briv they dont even have clean water yet

i was fucking a chink student here and she kept boiling water in her dorm room before drinking it like we're some sort of dirty water peasants, i had to explain to her like 5 times to stop boiling it cos our water is clean unlike chinas

 

[Chinacurry]

briv they dont even have clean water yet

i was fucking a chink student here and she kept boiling water in her dorm room before drinking it like we're some sort of dirty water peasants, i had to explain to her like 5 times to stop boiling it cos our water is clean unlike chinas

Clean water was something that made sense to prioritize when europe and usa were going through their early cycle growth, because it had a massive return on investment.

Clean drinking water is not really that important in early or even mid cycle economies now, as the world. And infra around it is very different.

It's kind of like saying China (and to some extent Korea) doesn't even have landlines yet - they were crucial in 1930s-1970s growth cycle in the west, no relevant for economics growing now.

Also btw don't read TOO much into the not having Clean water - hong kong, Singapore, Spain, Italy, France all have totally drinkable water, yet people still say it's not drinkable and only drink bottled water - I live in Hong Kong and drink tap water 50% of the time, but hk people will never drink it, at least without boiling it.

 

[gribsufer1]

dont say bad about china

 

[thereallegend]

Wrong wrong wrong

Westoid financial “gurus”do this EVERY year

Anti China propaganda

 

[Deleted member 26859]

Wrong wrong wrong

Westoid financial “gurus”do this EVERY year

Anti China propaganda

its economic fact tho

 

[Patient A]

China is already on the cutting edge of electric vehicles, and they are graduating close to an order of magnitude (ie almost 10x) more highly trained STEM personnel than USA, each year, and their schools have largely caught up

Hence RAND's mania for more Germans

Open secret that a massive portion of German manufacturering is currently being transferred to China since Americans blew up the Gas Energy pipelines and ordered all puppets sanction Russia

 

[Mr. President]

Open secret that a massive portion of German manufacturering is currently being transferred to China since Americans blew up the Gas Energy pipelines and ordered all puppets sanction Russia

depends on where it is coming from, German is heavily reliant on petrochemicals for their heavy manufacturing and china also imports their oil en masse from Russia but the Siberian oil strains are harder to process than their western Uralic counterparts leading to higher expenses in the long run. China will see more demand in the short term but America will most likely be the winner because of their cheaper oil prices which will remain until germany wakes up and sides with russia

 

[Mr. President]

you can see it in this chart, there is essentially two oil industries in russia one being the west run and maintained by russian companies. the east is run by Shell because the expertise needed to keep the pipelines from cracking under the perma frost is costly. they could route a pipeline of the western portion to China through the BRI hypothetically but that is a long ways away and by then America would have their own set up. if you disagree i would like to hear why @Ai Impact

 

[Patient A]

depends on where it is coming from,

Don’t understand where you are going from this part

German is heavily reliant on petrochemicals for their heavy manufacturing and china also imports their oil en masse from Russia but the Siberian oil strains are harder to process than their western Uralic counterparts leading to higher expenses in the long run. China will see more demand in the short term but America will most likely be the winner because of their cheaper oil prices which will remain until germany wakes up and sides with russia

maybe, probably not. But America will win in short term, don’t know what happens next.
Got the upcoming African Wars and Taiwan Wars

 

[Mr. President]

Don’t understand where you are going from this part

maybe, probably not. But America will win in short term, don’t know what happens next.
Got the upcoming African Wars and Taiwan Wars

as in whether you mean sophisticated manufacturing sector will go to China

 

[Patient A]

as in whether you mean sophisticated manufacturing sector will go to China

Mostly just the energy intensive stuff like cars

 

[Deleted member 30679]

Glory to the ccp

 

[Deleted member 26859]

@Geneticist

 

[Debetro]

Nature always stabilizes itself.

 

[STAMPEDE]

American cope. China is only growing rapidly while USA is only falling and USA has a 50 trillion debt.

 

[aspiringexcel]

All GDP is not created equal... while it's usually a measure of output for most economies, it's an input for China. The government sets targets and then uses debt to spend on as much as it needs to reach that growth target. So it isn't actually growing on it's own, they are forcing the numbers up to an insane degree just to keep things afloat. Now, a lot of governments use debt to boost their economy. The problem is with the way China does it - they spend the money on the supply-side, not the demand side.To put it simply - much of the growth from that GDP doesn't go to the people. It goes to unproductive assets and oversupply of goods. The people aren't feeling hardly any of that 5-6% you speak of, but it allows people to go on youtube and say "Look! It's growing at 5-6%!"...while much of the country suffers.


China growth isnt going to be 5 to 6%, but just 3% or below by the end of this decade. For a developing country, growth below 5% is already recession as the economy is still in dire need of more advanced services and wherewithals to weather (particularly China in this case) their inevitable aging and geographic disparities. Not to mention that all China statistics released by their stability obsessed statistical bureau must be taken with a grain of salt, the growth commands greater scrutiny. And most importantly, given China's towering debt, slower growth means China can't grow its way out of debt, at a much much lower GDP and wealth per capita in Western countries with your so-called "Great Recession". Once you are already rich and developed, slow pace is affordable. But if you are insanely aging and still poor, growth still matters a lot.



its actually over.

china is finished.