|
regulation capture will allow those with capital to continually crash the stock market then prop it up with government money, which because the government can't afford more debt will be printed. this is called quantitative easing, and it allows the us to constantly crash due to bad domestic policies then export the crashes to other economies which ends up with the third world suffering. eventually this will continue until the Chinese have created a stable enough alternative economic system via the new development bank, ect and other nations move to renminbi (or the Euro lol) as a reserve currency
|
#
¿
May 23, 2017 09:25
|
|
|
|
| # ¿ Apr 27, 2024 20:38 |
|
|
rudatron posted:China isn't going to magic up another stable economic system, nor would a move towards the renminbi as the reserve currency be of benefit to anyone but China. yeah but also this is c-spam and ill reserve the right to write whatever economic fan fictions i want In seriousness, China has made many efforts to create a new order and nobody can reliably say that these won't pan out/become viable as they get more powerful in the 50+ year range. gucci bane has issued a correction as of 10:21 on May 23, 2017 |
|
#
¿
May 23, 2017 10:19
|
|
|
Typo posted:lol The Chinese system is plagued by huge SOEs, misguided intervention, crashes due to one sided reporting on OBOR, ect but it is way more egalitarian than the US market. Both systems are prone to collapse. Americans have nothing to be arrogant about. edit: please respond with post-autistic economics only, i dont wanna hear some dumb rant about regulation causing distortion on muh free market gucci bane has issued a correction as of 13:53 on May 26, 2017 |
|
#
¿
May 26, 2017 10:42
|
|
|
Coolguye posted:the chinese system is v egalitarian as long as you have connections into the omnipresent government and are willing and able to pay constant bribes to connections of your connections which means you need connections and idle money to succeed and WHOOPS i guess that's the exact same as the american system only most of the chinese growth markers are fake as gently caress According to a CBC report in 2015, the Shanghai stock market is the most active stock market in the world, 85% of trades in the market are retail-based and 2/3rds of investors didn’t graduate from high school. Credit Suisse estimates that 80% of urban Chinese households are invested in the stock market meanwhile Whilst US households own (directly and indirectly) close to 80% of their stock market (this is because pensions, unlike the chinese stock market), the distribution of stock ownership is highly concentrated toward the top 10% of income earners. https://www.amphilsoc.org/sites/default/files/proceedings/Wolff.pdf
|
|
#
¿
May 26, 2017 18:13
|
|
|
Best Friends posted:that lots of ordinary people invest in China's stock market just means that lots of ordinary people are getting conned. these are not sophisticated investors. they're people making bets on very incomplete information who have not personally experienced a crash or the effects of large scale fraud yet. basically the average Chinese investor is that uncle who has a TD ameritrade account who thinks twitter is a great buy because you know tech is just so good and it's in the news. poor people shouldn't be involved in stock markets because they're dumb? cool.. btw the last crash occurred in 2015, so your entire premise is wrong. Overall despite rhetoric those people would be way better off than poor Americans who invested in their stock market as even despite the crash the shanghai stock market has performed exceedingly well. also on the other comments yes the Chinese have not tried to enrich foreigners through their communist stock market. what morons.
|
|
#
¿
May 27, 2017 02:57
|
|
|
this thread is proof that American exceptionalism is alive and well
|
|
#
¿
May 27, 2017 04:28
|
|
|
Typo posted:Western stock markets are well regulated and efficient enough that it's hard for even dumb investors to lose $$$, the same is not true for China western stock markets are plagued by bullshit IPOs and constantly crash. they also aren't worth even close to what chinas have been worth for small investors, due to the huge amount of growth china has had. sure, they could've been more efficient if they let Americans and THE GLOBALISTS invest and control corporate boards instead of the CCP. Instead they made markets that worked for the Chinese people. an honorable decision. the fact you're making a past doesn't equal future argument now means you're conceding that you're basing your opinions on how you feel things might go instead of how they have gone. which is I guess why they are poo poo flawed arguments.
|
|
#
¿
May 27, 2017 05:39
|
|
|
Typo posted:the fact that you seem genuinely convinced that the Chinese stock market is a great socialist stable project while Chinese insiders are literally funneling 100s billion to > 1 trillion of $$$ out of the country since 2015 into western assets is somewhere between amusing and concerning, depending on how much $$$ you are current invested in Chinese equity I'm not invested in Chinese equity. Yes there is corruption in Chinese economy, but that is because it is illegal to do many of the things extremely common in the west. we aren't arguing if China is perfect, just comparing it to USA. if you don't think money is being funneled out of the USA in a similar fashion you're mistaken.
|
|
#
¿
May 27, 2017 05:51
|
|
|
Al! posted:that's funny, that's exaclty what your mom told me when she was making me breakfast this morning it's funny you would say that because I was hanging out with all your friends the other day and they told me that your mum pays them to hang out with you.
|
|
#
¿
May 27, 2017 09:51
|
|
|
Coolguye posted:commerz: the article you link explicitly mentions a bunch of american mutual funds etc as the holders of these stocks; did you not put it together that the owners of these mutual funds are, in general, otherwise ordinary people who are bought in through their IRAs and 401ks? the ultra-rich don't bother with mutual funds, they have their own poo poo going on with private hedge funds and other nonsense. also this isn't a CBC report with data, it's an essay that is half screed from a single economics professor at one university. Yeah that's what i was referring to when I said pensions. The public do have too much trust in the stock market. There is a study from two chinese economists that found the governments announcement of the OBOR policy caused much of the bubble that led to the 2015 crash. People were too optimistic about the capabilities of their government. If we're just arguing about corruption now then yes I don't care either.
|
|
#
¿
May 28, 2017 05:41
|
|
|
bring back LF, there is too many people unironically worshiping ameriKKKa in this forum
|
|
#
¿
May 28, 2017 08:36
|
|
|
rudatron posted:There's a difference between worshippimg amerikkka, and just recognizing that China isn't going to save you, or the world, or China, or anyone else who isn't a ccp member/chinese business leader I was arguing that 50 years out from now it is possible. BRICS countries are going to be a very large part of the economy, and are already forming extensive rival governance institutions. I'm not really that interested in how posters here think that is ridiculous as many professional China scholars believe it is in the realm of possibility. Some of that is probably fueled by Trump hysteria and resent towards USGAY but it's not that outlandish to suggest rival China led institutions will become powerful. It's important to note that they're still developing and may be a less transactional partner in the future, while the US seems to be regressing into a shittier worse country and ally by the day. gucci bane has issued a correction as of 03:22 on May 29, 2017 |
|
#
¿
May 29, 2017 03:20
|
|
|
I don't know if the individual guys were good but dumb threads where communist anime gimmicks argue about abstract political topics is funnier to me than 1000 page threads of serious people earnestly posting their outrage at twitter liberals
|
|
#
¿
May 29, 2017 06:05
|
|
|
China is surrounded by US allies and heaps of bases so claiming a few islands isn't that bad. It may be breaking UNCLOS but guess what, USA didn't sign that agreement because they also do whatever they want. If you live under the assumption that you can trust USA to be a reliable state that follows the rules based liberal order then I can understand you position. however China probably does not share your opinion on this and in my eyes they are justified for fearing or at least being skeptical of the US. in terms of political change you should probably have a think about how long 50 years really is before you make sweeping claims about what is possible. remember that the US walked away from the TTP however China is still working on RCEP. they aren't really that comparable as agreements but in terms of commitment to establishing regional Asian orders China is making headway. I'm not sure if China will become a more reciprocal partner over time but it's possible and would be a smart move.
gucci bane has issued a correction as of 06:29 on May 29, 2017 |
|
#
¿
May 29, 2017 06:26
|
|
|
why did you have to gently caress the thread up by mentioning some computer geek poo poo you loving nerd BRICS owns and you don't know anything. lol at arguing India will be fine unless it reopens its racism factories, it didn't seem to the affect USA at all
|
|
#
¿
May 31, 2017 02:38
|
|
|
Al! posted:why do u keep loving the thread up with your god damned opinions lol you're right. how could I possibly not be swayed by really good arguments such as Brazil Had a Corruption So It Won't Grow, or India Will Grow Unless It Does Racism, or Computers Will Think For Themselves
|
|
#
¿
May 31, 2017 02:57
|
|
|
Coolguye posted:the caste system was way more than racism, it was an entire societal setup that literally made it illegal to do anything beyond what you were told to do. common Indians could not even go home at the end of a day's work and ply another trade for extra money. there were laws on the books that make anyone doing that a criminal. this isn't any de facto stuff, it was literally an inked law that could put someone in shackles. thank u for protecting lower caste rights to drive an uber after working in a factory all day, the freer the market the freer the people. tekz posted:what are you talking about instead of just agreeing with me that 50 years is a long time someone wrote like 5 rambling sentences basically saying yeah it is a long time then started talking about sentient computers??? gucci bane has issued a correction as of 11:14 on May 31, 2017 |
|
#
¿
May 31, 2017 11:06
|
|
|
|
| # ¿ Apr 27, 2024 20:38 |
|
|
there is no bubble in the US, it's hidden in London
|
|
#
¿
Jun 1, 2017 05:31
|
|