Hong Kong is crashing
Das nächste Prestigeprojekt von Wirtschaftsminister Robert Habeck steht auf der Kippe. Laut einem Medienbericht überlegt der Konzern ThyssenKrupp, den hochsubventionierten Bau einer Anlage für die Produktion von "grünem Stahl" in Nordrhein-Westfalen …RT DE (RT)
Meistens kann man über die üble antirussische Hasspropaganda der deutschen Medien nicht lachen. Doch dieses Mal lieferte die in Kiew ansässige ARD-Korrespondentin ein Machwerk ab, bei dem einem – trotz des Ernstes der Lage – Lachkrämpfe garantiert si…RT DE (RT)
Twig
Als Antwort auf Twig • • •Yesterday👇
EvolLove
Als Antwort auf Twig • • •Communism will always end like this no matter how long they go it will always come crashing down.
China crushed their own currency in a cycle of debt and inflation to stomp out all foreign competition and dominate the market with goods cheaper than the material used to build them.
No mater how U calculate, that is a suicide strategy. They kill our business because no one can compete. While amassing huge amounts of foreign capital.
But on average they made a loss on every transaction.
EvolLove
Als Antwort auf EvolLove • • •Conclusion.
In an effort to dominate the worlds production and kill all western competition Chyna ended up working for free.
While doing that they sure hurt our business and gained lots of foreign capital.
But when they finally crash we will just rebuild our industry. If we were to remove the climate taxes the west would rice like a fckng rocket and leave Chyna in the dust.
And when much labor are replaced by robots I fail to see the reason to import from Chyna.
The freight cost...
sj_zero
Als Antwort auf EvolLove • • •In this case it's really about the consequences of debt.
Feels great while you're spending it, but you can't spend other people's money forever.
That's not just for nations, it's for individuals too -- racking up your credit card feels great, you look like a hero because you can buy anything you want, you can pay for others stuff, you don't even need to earn much income.
Japan also did this strategy of spending tons of debt. America for the past 25 years as well. Japan is a tiny little island that looked like the new superpower while they racked up incredible debt, America was able to pretend it was still a global superpower, but the bill comes due eventually. Japan has been dealing with the consequences for a decade, the US has been beginning that phase, and China isn't too far behind.
Twig
Unbekannter Ursprungsbeitrag • • •@CapitalB @sj_zero @EvolLove
Japan is the largest foreign holder of U.S. debt I think….
Twig
Unbekannter Ursprungsbeitrag • • •Hong Kong stock market?
It is held by the Bank of Japan💥
EvolLove
Als Antwort auf Twig • • •@CapitalB @sj_zero
Might be. I assumed it was Chyna but Japan makes sense. Or Saudi
Twig
Unbekannter Ursprungsbeitrag • • •@CapitalB @EvolLove @sj_zero
Japanese, the bank of Japan, about 43% I think
Twig
Unbekannter Ursprungsbeitrag • • •@CapitalB
Japanes
Twig
Unbekannter Ursprungsbeitrag • • •@CapitalB @EvolLove @sj_zero
Do you know how much is it now?