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Commerz posted: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 lol if you think the Chinese are creating a stable enough economic system chinese capitalism has all the negatives of US capitalism tuned up to 11
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May 25, 2017 23:33
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| # ¿ Apr 28, 2024 01:21 |
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Commerz posted:
The Chinese (fake) stocket market crashes and you know what the government does? Order Chinese retirement fund managers to buy more stocks to prop the value up and then throw their foreign exchange at it and maybe freeze trading now and then this sounds like a great beginning to a new alternative stable system and god help us if the alternative to US led global capitalism are Chinese ghost cities Typo has issued a correction as of 23:38 on May 25, 2017 |
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May 25, 2017 23:35
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Commerz posted:ect but it is way more egalitarian than the US market. No it's not lol the difference between China and the US is that there's less transparency and the state controls the media way more so bad news leaks out less often and poor people get hosed there's no CNN reporting on it
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May 26, 2017 19:39
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Commerz posted: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. quote: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. The other way is outright shadow banking sponsored by legit banks/local governments where they literally text people on phones telling them to put their money into guaranteed!!!! high return.....something just gives your $$$. God (or Marx) knows where the money actually go. quote:the distribution of stock ownership is highly concentrated toward the top 10% of income earners. E: actually come to think of it in China it might be -better- if the rich holds a higher share of the stocks because then the poor gets hosed less when the whole thing crashes down Typo has issued a correction as of 20:16 on May 26, 2017 |
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May 26, 2017 19:41
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the difference btwn the Chinese and US stock mkt is that whereas the US stock market is meant to be a capital allocator the Chinese stock market is at least 50% about tricking dumb western investors into thinking that chinese companies are legit so they put their $$$ into a blackbox which gets stolen and is used to buy houses in Vancouver (lol) by providing a superficial layer of legitimacy and guys in suits
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May 26, 2017 19:48
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also wanna hear some funny stories? so in China major companies all have literal communist party cells in them and said party cells gets to make personal appointment decisions like how the board of director picks CEOs in western countries so this british investor who held shares in one of them was like "I wanna attend the party meeting cuz I wanna know who you pick for CEO/CFO/ w/e" and the chinese were like "well you can't cuz you aren't a party member" so the british guy had to find this old british communist who joined up during the cultural revolution or something to sit in the meeting for him and take notes. Typo has issued a correction as of 20:17 on May 26, 2017 |
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May 26, 2017 20:03
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you know where chinese insiders/rich people invest in? Vancouver housing. Should tell you a lot
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May 26, 2017 20:38
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Commerz posted:poor people shouldn't be involved in stock markets because they're dumb? cool.. Western stock markets are well regulated and efficient enough that it's hard for even dumb investors to lose $$$, the same is not true for China quote:verall despite rhetoric those people would be way better off than poor Americans who invested in their stock market as even despite the crash the shanghai stock market has performed exceedingly well. past performance = future performance ofc Pener Kropoopkin posted:
 Typo has issued a correction as of 05:26 on May 27, 2017 |
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May 27, 2017 05:24
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< Typo shedding tears for poor gwai lo investors
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Byolante posted:No it was a Russian oil company acting on behalf of Putin because his daughter wanted to run a comic book mmo. Said Russian company is embroiled in a legal dispute over a Siberian oil well after they employed ex-spetznas mercenaries to go and capture it under force of arms from a Canadian company. 
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May 27, 2017 05:27
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Commerz posted:western stock markets are plagued by bullshit IPOs and constantly crash. they also aren't worth even close to what chinas have been worth for small investors, due to the huge amount of growth china has had. sure, they could've been more efficient if they let Americans and THE GLOBALISTS invest and control corporate boards instead of the CCP. Instead they made markets that worked for the Chinese people. an honorable decision. the fact that you seem genuinely convinced that the Chinese stock market is a great socialist stable project while Chinese insiders are literally funneling 100s billion to > 1 trillion of $$$ out of the country since 2015 into western assets is somewhere between amusing and concerning, depending on how much $$$ you are current invested in Chinese equity Typo has issued a correction as of 05:49 on May 27, 2017 |
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May 27, 2017 05:46
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Commerz posted:western stock markets are plagued by bullshit IPOs and constantly crash. they also aren't worth even close to what
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May 27, 2017 05:52
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tekz posted:the cancer has spread to toronto as well. I live in t/o atm so yes, I would know
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May 29, 2017 15:53
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tekz posted:I'm not sold on Central Bank versus Party control. Technocrats at the ECB, for example, seem to align with the concerns of finance capital while leaving ordinary people out to dry. depending what you mean by "democratic control", is the fed under democratic control because he/she are appointed by and can be removed by elected officials?
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May 29, 2017 16:36
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Commerz posted:why did you have to gently caress the thread up by mentioning some computer geek poo poo you loving nerd idk about b and the s but insiders/government officials/rich ppl in the RIC are all sending their $$$ into the US/Canada/UK as fast as possible
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May 31, 2017 06:23
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OhFunny posted:Thanks for the information. idk about that dude https://twitter.com/steve_hanke/status/859874707318767617
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May 31, 2017 20:04
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Pener Kropoopkin posted:Canada is always 9 years behind or always 9 years ahead makes you think
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May 31, 2017 20:45
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well I'd say Trump has already being causing time dilation: Jan 20th 2017 feels like years ago
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May 31, 2017 21:23
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| # ¿ Apr 28, 2024 01:21 |
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Lindsey O. Graham posted:a bubble bursts in the country every ten years when there is limited regulation just in time for the 2018 midterms (maybe) nah who am I kidding 2nd (3rd) great depression in 2021 after trump loses in 2020, democrats take the blame and the GOP nominates trump but competent in 2024
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May 31, 2017 21:50
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