We recently had Australian mainstream media talking about a slum in Australian iron ore sales to China and calling it sign of China’s property crash.
I wonder now if iron ore is trading within BRICS in a similar way and Australia is getting the cold shoulder for being the US puppet it is.
I agree the stock market is a big influence of the economy. Stocks are massively overvalued. There’s not enough available cash in existence if there’s big sell off on a major stock like Intel. Hence the need to print money. If the Fed didn’t intervene, that illusion of stocks actually having cash value would vaporise.
You’re a federal judge ruling on a Boeing case?
Now sentence yourself to maximum security prison.
None of those implications are bad UNLESS you are a manufacturer of those goods in the West. Or investing in those manufacturers. This is where WSJ falls flat on its ass.
The rest of the economy is a consumer of those cheaper goods. So the discounts on those goods makes the wallet go further. That’s good for consumption. Consumers might even throw more money towards those dogshit services that economists are now in love with.
Everyone just makes stuff for fun in China!
Sucks to be Joerg who only makes stuff for money.
Price down is … bad now? Just pay extra then and call it a tip!
Meanwhile our media and leaders are predicting war with China in 2027…
So how the fuck are submarines planned to arrive decades later going to be relevant? Shrug
“Sorry Ma’am. All our high chairs are being used in the kitchen at the moment.”
A call with Tesla confirmed that the truck had needed a complete reboot which took over five hours of sitting to complete.
I consider this as a second deal-breaker problem with the truck. How does 5 hour reboot time make sense? That seems as quick as the punch card computers great-granddad reminisced about.
“condensation can fry the electronics inside the vehicle”
Electronics defeated by rain. They’ve basically described it as an expensive piece of shit.
The frog boils itself now?
Cheap solar and semiconductors will reduce the cost of manufacturing in US. Energy and chips are inputs to actually producing stuff that companies charge a lot more for.
Car tariffs is somewhat understandable.
Fuck off then. The topic is not about China. The HK police was just used as a comparison vs US police in terms of their response. You quoted a source that is particularly unreliable on HK riots because that’s just a sign of how butthurt China makes you.
US is complete shit. HK police were far far better. To call their behaviours similar is complete bullshit.
On Hong Kong, FridayEveryday.com.
I won’t ever trust HKFP on anything.
HKFP dodgy as fuck as a source.
“Hi TSMC. Could you build a massive pseudo village/factory where you indoctrinate the locals with your toxic work culture, sending your managers to act as overlords for our under-educated workers? We will pay you.”
“You want us to basically colonize a town in Arizona?”
“Ummm… Yeah”
A bottle of kombucha doesn’t have to cost 5 euro
I make my own!
Another aspect is that cheaper solar panels means cheaper energy: something that Europe is having trouble with right now.
Cheaper energy means lower costs to produce stuff - Making their economy more competitive not less. E.g. Certain foods need refrigeration. Factory equipment. Server farms. Offices have lighting and aircon etc.
If Europe allows their own solar panel industry to gouge themselves, the initial investment in solar will be more of a cost and they are going to have less future growth.
From the SS handbook:
Empty my magazine into the air = suppressive fire