[Asia/Oceania] Yellen says she hopes China wont mount retaliation against any steps Washington takes

The Something Awful Forums > Discussion > C-SPAM > [Asia/Oceania] Yellen says she hopes China wont mount retaliation against any steps Washington takes

«‹›3005 »

(Thread IKs: fart simpson)

Second Hand Meat Mouth: Sep 12, 2001

the best website on the internet "hacker news" is talking about China Stops Publishing Youth Unemployment Numbers Amid Faltering Economy and I thought you guys deserve to know what the smartest people in the tech bubble think about it:

quote:

Nothing America is currently doing is actively de-stabilising (we’ve mostly dropped the Uyghur issue, for example), just anti growth. Xi’s regime, meanwhile, is doubling down on destabilising policies both domestically and abroad. Hopefully China’s elites are smarter than Russia’s and grab the reins soon—it makes no sense for China to implode because one man wants to reach for a dubious legacy.

quote:

Can’t imagine how awful it would be to go through the lovely Chinese education system only to not get a job. How quickly will the education ethos crumble if the narrative ceases to work?

quote:

The Chinese economy is running on vapors and if it gets any worse they'll need a distraction.

quote:

The right time to leave Taiwan is sometime between now and when the first shot is fired.

quote:
Also unlike for Ukrainians, where you leave to might be incredibly important.
How many Western countries are CCP-infiltrated to the point where a VIP Taiwanese could be at risk even there? Canada for example seems to be completely beholden to the CCP, from the Prime Minister's Office down to city-level CCP police stations. Also, Canada is famously lax on violent crime so a quick car accident or getting one of the persons with extraordinary judicial privilege to kill you is all it takes.

quote:

And you know what governments do when unemployment in this demographic becomes too high? Start wars.
Expect some ratcheting up of tensions with Taiwan, India, Japan, etc. Followed by picking on a perceived weak adversary and a short conflict.

# ? Aug 15, 2023 19:57

Adbot: ADBOT LOVES YOU

# ? May 27, 2024 18:07

i say swears online: Mar 4, 2005

insane how so many people think xi is like a turkmenbashi, emptying the treasury to make a rotating golden statue of himself

# ? Aug 15, 2023 20:07

mawarannahr: May 21, 2019

Second Hand Meat Mouth posted:

the best website on the internet "hacker news" is talking about China Stops Publishing Youth Unemployment Numbers Amid Faltering Economy and I thought you guys deserve to know what the smartest people in the tech bubble think about it:

praise be to the hackers

# ? Aug 15, 2023 20:13

Marzzle: Dec 1, 2004; Bursting with flavor

https://www.youtube.com/watch?v=I4vtJ5AKvJE

# ? Aug 15, 2023 20:45

Marzzle: Dec 1, 2004; Bursting with flavor

europe spending billions developing trident technology, the chinese used a bamboo branch

# ? Aug 15, 2023 20:47

Second Hand Meat Mouth: Sep 12, 2001

mawarannahr posted:

praise be to the hackers

it's funny that 50 y/o tech startup veterans (and optimistic wannabes) still call themselves "hackers" like it's 1990

# ? Aug 15, 2023 21:07

mawarannahr: May 21, 2019

Second Hand Meat Mouth posted:

it's funny that 50 y/o tech startup veterans (and optimistic wannabes) still call themselves "hackers" like it's 1990

I'll still read that garbage exclusively for the comments

# ? Aug 15, 2023 21:08

Second Hand Meat Mouth: Sep 12, 2001

like one in ten of the posters there are super rich from lucky startup exits, and the rest are desperately trying to build the next gig economy app in order to join them

# ? Aug 15, 2023 21:08

Second Hand Meat Mouth: Sep 12, 2001

mawarannahr posted:

I'll still read that garbage exclusively for the comments

yeah it's one of the easiest ways to mainline a weird flavor of silicon valley succ

# ? Aug 15, 2023 21:08

Maximo Roboto: Feb 4, 2012

Lostconfused posted:

Edit: It's very funny how even through 2000 there were still video games about USA putting up a brave underdog fight against those soviet invaders. People just never got to live out those fantasies.

They were just reusing the Red Dawn scenario, World in Conflict (made by Swedes) did the same.

Second Hand Meat Mouth posted:

it's funny that 50 y/o tech startup veterans (and optimistic wannabes) still call themselves "hackers" like it's 1990

The hacker subculture, like cyberpunk, was established in the '80s if not earlier when phone phreaking was invented

# ? Aug 15, 2023 22:36

mawarannahr: May 21, 2019

as a child I dreamed of making a game about fascist Catholics ruling not only the world but also the moon. made some assets in 3Ds max even

# ? Aug 15, 2023 22:40

indigi: Jul 20, 2004; ^{how can we not talk about family

when family's all that we got?}

mawarannahr posted:

as a child I dreamed of making a game about fascist Catholics ruling not only the world but also the moon. made some assets in 3Ds max even

until recently the Moon was part of the Orlando, FL diocese and had a bishop

e: set it during a period where it's Rome vs Orlando and call it Neoschism

# ? Aug 15, 2023 22:42

Some Guy TT: Aug 30, 2011

Lostconfused posted:

Person of Interest is about a US government hired killer being disappointed that he does violence for a corrupt government and instead chooses to do violence on behalf of a more benevolent machine.

isnt this literally all of our media tho

# ? Aug 15, 2023 22:44

ModernMajorGeneral: Jun 25, 2010

Femur posted:

it shows Xi buying votes(with aid), which is not how democracy works!

Doing stuff to get people to support you, like how the ccp retains its hold on power, is cheating the system.

# ? Aug 15, 2023 23:20

yellowcar: Feb 14, 2010

remember the red dawn remake in 2012 where it was china invading america but the producers got cold feet and swapped out the PLA for the KPA and overdubbed everything and it made even less sense lol

# ? Aug 15, 2023 23:23

ikanreed: Sep 25, 2009; I honestly I have no idea who cannibal[SIC] is and I do not know why I should know.

syq dude, just syq!

yellowcar posted:

remember the red dawn remake in 2012 where it was china invading america but the producers got cold feet and swapped out the PLA for the KPA and overdubbed everything and it made even less sense lol

All they had to do was overlay the whole movie with the text "reminder: China are the heroes in this movie"

# ? Aug 15, 2023 23:30

Maximo Roboto: Feb 4, 2012

https://twitter.com/un_a_valeable/status/1691514920154865664

Speedrunning triangulation?

# ? Aug 16, 2023 00:17

Maximo Roboto: Feb 4, 2012

lmao the responses this is generating

https://twitter.com/AnthonyFloresOK/status/1691553209230172648

https://twitter.com/jdcmedlock/status/1691518676888064000

word salad:

https://twitter.com/GrahamGallaghe9/status/1691524844611928064

https://twitter.com/HegelwCrmCheese/status/1691523730768285697

https://twitter.com/un_a_valeable/status/1691515516438106112

# ? Aug 16, 2023 00:22

In Training: Jun 28, 2008

the reganite CCP lmao

# ? Aug 16, 2023 00:38

Maximo Roboto: Feb 4, 2012

Looks like this is the Bloomberg article: PBOC Adviser Says China Urgently Needs to Boost Consumption

quote:

�The most urgent goal now is to stimulate household consumption, and it is necessary to use all reasonable, legally compliant and economic channels to put money in residents� pockets,� said Cai Fang, a member of the monetary policy committee at the People�s Bank of China.

Cai added in the article posted late Monday on a social media account of the China Finance 40 Forum, one of the nation�s top economic think tanks, that continued unemployment in the wake of the pandemic is crimping household spending and that consumer confidence is expected to weaken without new policies.

He is among a group of economists who have called for providing direct stimulus to consumers to boost spending, a path that Beijing has so far been unwilling to follow. Earlier this year, Cai said direct stimulus of 4 trillion yuan ($551 billion) paid directly to Chinese households is an option to spur a recovery in consumer spending that has been slowed by weak wage growth during the pandemic.

Cai, 66, is one of the most well-known economists in China to focus on demography and labor economics. The former vice president of the Chinese Academy of Social Sciences, a state think tank, joined the PBOC�s policy advisory body in early 2021, and has helped the government map five-year plans for economic and social development. In July, Cai called on officials to reform the household registration system to unleash the consumption potential of the nation�s large pool of migrant workers.

One of the articles linked in the screenshot: China Signals More Tax Relief as Li Says GDP Goal Won�t be Easy

quote:

Li, who has been premier since 2013, said tax and fee cuts are the most effective in providing support to the economy, a reason why the government is implementing 2.5 trillion yuan ($395 billion) of relief this year.

�Based on our experience, tax and fee cut has the most direct impact� on the economy, Li said. The benefits are greater than other options, like large-scale investment and consumer vouchers, he said.

If the tax rebates are effective, �we will step up effort on that front,� he added.

Li�s comments answered a long-held question among investors about why the government hasn�t introduced policies such as spending vouchers and unemployment subsidies, like countries in the West and places like Hong Kong have done, to stimulate sluggish consumption, said Jacqueline Rong, deputy chief economist for China at BNP Paribas SA.

�China has had a very different way of thinking -- it aims to ensure people�s income via preserving job providers rather than providing for people out of jobs,� she said. Chinese households� tradition of saving money and Covid-related curbs on the consumption of services mean handing out stimulus checks �may not have the same effect in China as it does in the West,� she added.

# ? Aug 16, 2023 00:47

Tsitsikovas: Aug 2, 2023

Maximo Roboto posted:

lmao the responses this is generating

Twitter is awesome because you can screenshot the 2nd half of a bloomberg article to inspire reactions that would be answered by reading the first half. Where one of the advisors to the chinese central bank advocates for direct welfare.

PBOC Adviser Says China Urgently Needs to Boost Consumption from Bloomberg posted:

�The most urgent goal now is to stimulate household consumption, and it is necessary to use all reasonable, legally compliant and economic channels to put money in residents� pockets,� said Cai Fang, a member of the monetary policy committee at the People�s Bank of China.

Cai added in the article posted late Monday on a social media account of the China Finance 40 Forum, one of the nation�s top economic think tanks, that continued unemployment in the wake of the pandemic is crimping household spending and that consumer confidence is expected to weaken without new policies.

He is among a group of economists who have called for providing direct stimulus to consumers to boost spending, a path that Beijing has so far been unwilling to follow. Earlier this year, Cai said direct stimulus of 4 trillion yuan ($551 billion) paid directly to Chinese households is an option to spur a recovery in consumer spending that has been slowed by weak wage growth during the pandemic.

Cai, 66, is one of the most well-known economists in China to focus on demography and labor economics. The former vice president of the Chinese Academy of Social Sciences, a state think tank, joined the PBOC�s policy advisory body in early 2021, and has helped the government map five-year plans for economic and social development. In July, Cai called on officials to reform the household registration system to unleash the consumption potential of the nation�s large pool of migrant workers.

# ? Aug 16, 2023 00:50

Tsitsikovas: Aug 2, 2023

aaah sick we both did the thing

# ? Aug 16, 2023 00:51

Maximo Roboto: Feb 4, 2012

Tsitsikovas posted:

aaah sick we both did the thing

Read on...

Tsitsikovas posted:

Twitter is awesome because you can screenshot the 2nd half of a bloomberg article to inspire reactions that would be answered by reading the first half. Where one of the advisors to the chinese central bank advocates for direct welfare.

Yeah, and the excerpts I posted afterwards say that his advice are not being heeded by Premier Li, who favors tax cuts for preserving job providers

Well, the previous Premier Li. Not sure what Li Qiang will choose to do.

# ? Aug 16, 2023 00:53

Miles Blundell: May 7, 2023; by Pragmatica

that dude's not even the premier anymore

# ? Aug 16, 2023 00:55

Marenghi: Oct 16, 2008; Don't trust the liberals,
they will betray you

yellowcar posted:

remember the red dawn remake in 2012 where it was china invading america but the producers got cold feet and swapped out the PLA for the KPA and overdubbed everything and it made even less sense lol

Literally the exact same thing happened with the game Homefront mentioned earlier. The publisher THQ forced them to change it because they were at the time expanding offices into China.
I suppose that's the one good thing about North Korea being so isolated from the West and global markets for Hollywood and media at least. Nobody cares if you make a movie about assassinating it's leader, or games where you gun them down like faceless automatons. You might get hacked though.

Marenghi has issued a correction as of 00:59 on Aug 16, 2023

# ? Aug 16, 2023 00:57

Maximo Roboto: Feb 4, 2012

Miles Blundell posted:

that dude's not even the premier anymore

Anti-welfarism is a popular view, though. China Daily: "Common prosperity doesn't mean building a welfare state"

quote:

Some welfare states do help improve ordinary people's lives by reducing the wealth gap and easing social conflicts.

However, a welfare society also gives rise to some very undesirable side effects.

Dependence on welfare makes people lazy and unwilling to work, which takes a toll on their initiatives and creativity. Large-scale and continuous welfare spending increases the tax burden on enterprises and individuals.

As people become dependent on welfare, any time the government withdraws some of the welfare measures, it could lead to social unrest.

Also, if the government borrows money to maintain an otherwise unsustainable level of welfare, it may lead to a debt crisis, even bankruptcy.

In China, some people are demanding welfare policies, even a welfare state. Therefore, while promoting common prosperity, it is necessary to make clear that there is a fundamental difference between common prosperity and welfarism.

China is a socialist country under the leadership of the Communist Party of China. And the Party is promoting common prosperity so that all the people, through their hard work and creativity, can gain a better sense of well-being, be more self-confident and self-reliant, and help build a stable and harmonious society.

Just let me post the last of the funny responses

https://twitter.com/c_z_z_/status/1691578136356614376

https://twitter.com/sleepyleftie/status/1691545232259551233

# ? Aug 16, 2023 01:00

Tsitsikovas: Aug 2, 2023

Maximo Roboto posted:

Read on...

Yeah, and the excerpts I posted afterwards say that his advice are not being heeded by Premier Li, who favors tax cuts for preserving job providers

Well, the previous Premier Li. Not sure what Li Qiang will choose to do.

Miles Blundell posted:

that dude's not even the premier anymore

This here, Keqiang has been out since March. The full article just tells a story of new thought running into old thought, which is natural when new problems arise. In fact, it seems like the party has been bringing in new people this past year and change (they just introduced a new head of the PBC last month), probably in order to combat the new problems they are running into. Gotta wait and see for the results but its better to do that than make dogmatic dunks on twitter because...whatever, twitter reasons.

# ? Aug 16, 2023 01:04

Tsitsikovas: Aug 2, 2023

the batshit tweets are funny though.

# ? Aug 16, 2023 01:05

Gildiss: Aug 24, 2010; Grimey Drawer

As was clear to anyone paying attention, the motives behind the border crossing are now revealed.

NK says Travis King wants refuge from mistreatment in US Army: KCNA

quote:

"During the investigation, Travis King confessed that he had decided to come over to the DPRK as he harbored ill feeling against inhuman maltreatment and racial discrimination within the U.S. Army," KCNA reported, using the initials of North Korea's official name.

"He also expressed his willingness to seek refugee in the DPRK or a third country, saying that he was disillusioned at the unequal American society."

# ? Aug 16, 2023 01:06

ikanreed: Sep 25, 2009; I honestly I have no idea who cannibal[SIC] is and I do not know why I should know.

syq dude, just syq!

I think China should do a communism to fix their economy, but I'm weird

# ? Aug 16, 2023 01:07

cat botherer: Jan 6, 2022; I am interested in most phases of data processing.

Second Hand Meat Mouth posted:

the best website on the internet "hacker news" is talking about China Stops Publishing Youth Unemployment Numbers Amid Faltering Economy and I thought you guys deserve to know what the smartest people in the tech bubble think about it:

This is why you should never read any thread on the orange site that isn�t about the new version of react or w/e. Nobody Dunning-Krugers like those nerds.

# ? Aug 16, 2023 01:10

Danann: Aug 4, 2013

ikanreed posted:

I think China should do a communism to fix their economy, but I'm weird

It's growing despite the US literally trying to pull off Plaza Accord 2.0 though?

# ? Aug 16, 2023 01:24

slave to my cravings: Mar 1, 2007; Got my mind on doritos and doritos on my mind.

Gildiss posted:

As was clear to anyone paying attention, the motives behind the border crossing are now revealed.

NK says Travis King wants refuge from mistreatment in US Army: KCNA

they brainwashed him

# ? Aug 16, 2023 01:28

yellowcar: Feb 14, 2010

someguy TT is gonna be so mad someone else is stealing his gimmick again

# ? Aug 16, 2023 01:39

Centrist Committee: Aug 6, 2019

Shear Modulus posted:

He should wear a mao jacket

he should wear the tan obama suit

# ? Aug 16, 2023 01:44

euphronius: Feb 18, 2009

is Xi more Maoist then Deng et Al. asking for real I do not know. he doesn�t seem so

# ? Aug 16, 2023 01:45

uninterrupted: Jun 20, 2011

euphronius posted:

is Xi more Maoist then Deng et Al. asking for real I do not know. he doesn�t seem so

Xi, Deng, and Mao are all equally Maoist.

# ? Aug 16, 2023 01:54

crepeface: Nov 5, 2004; r*p*f*c*

euphronius posted:

is Xi more Maoist then Deng et Al. asking for real I do not know. he doesn’t seem so

he's exerting more state control over capital (evil, like Mao) instead of letting it run rampant and free (good, Deng).

Mao-like doesn't equal Maoism tho

# ? Aug 16, 2023 01:55

euphronius: Feb 18, 2009

I see the distinction. thank you

# ? Aug 16, 2023 01:55

Adbot: ADBOT LOVES YOU

# ? May 27, 2024 18:07

stephenthinkpad: Jan 2, 2020

Xi increased the weight of State owned Enterprise in the economy, compared to Hu and Jiang. I don't know if he is "more" socialist than Deng.

Deng wasn't very ideological in the economy. He was famous for pushing for continuous reforms and trying different things in the economy.

I would say Xi is pretty in line with Deng. In the Deng era you didn't have to worry about the impact of changing the exchange rate too much, or balance the request from the US to not sell the US debt vs rmb internationalization.

What I am saying is at this stage China has to offer its own world view of how to deal with the relationship between currency and world trade; and the relationship between global growth and economic stability. All these things Deng didn't have to worry about.

# ? Aug 16, 2023 02:07

The Something Awful Forums > Discussion > C-SPAM > [Asia/Oceania] Yellen says she hopes China wont mount retaliation against any steps Washington takes

«‹›3005 »