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Commerz posted: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. ah many of those huge SOEs are just not for profit pass through vehicles for infrastructure (energy, transportation) or are used to to develop raw material processing overseas to supply cheap commodities to domestic companies. maybe 13% are a "problem" because of "debt" * debt to itself and those debts are honored over a long rear end period of time because that's how national finance works for example, the US is still carrying debt from WW2 as long as china retains a semi floating peg and capital controls on inflow and outflow it will be fine
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May 29, 2017 06:52
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| # ¿ May 8, 2024 13:28 |
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Pener Kropoopkin posted:techno utopia at least has a vision for the future https://www.youtube.com/watch?v=4x5YDCj-wiE
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May 31, 2017 00:01
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OhFunny posted:The bubble that I notice forming is the sharp increase in housing prices due to low supply. what if i told you that the hedge funds that hold these houses do it to constrict the supply of housing because they can sit on it forever? https://www.youtube.com/watch?v=Qy2FzfhSrY0
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May 31, 2017 07:11
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bubbles are a giant pump and dump strategy the point is to overheat the economy so it crashes the people and institutions that make these bubbles make money on the upswing and then buy up assets on the downswing for pennies the whole point is to create an environment ripe for corporate buyouts and privatizations
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May 31, 2017 09:16
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Commerz posted:there is no bubble in the US, it's hidden in London 
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Jun 1, 2017 07:20
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Not a Step posted:If San Francisco burns in a fire or its own making the next bubble might actually be worth it. but i live in San Francisco 
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Jun 4, 2017 03:58
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Not a Step posted:My deepest apologies. When the bubble bursts please do the honorable thing and set the fires yourself im collecting passports so i don't end up like a drat fugee i suggest you do the same
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Jun 4, 2017 07:16
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