1
0

Empowering consumers or Producers: China Vs USA


 invite response                
2021 Apr 21, 8:29am   633 views  9 comments

by FarmersWon   ➕follow (1)   💰tip   ignore  

US response to Pandemic has been stimulating consumption by providing direct help to consumers. On the other hand China is still on Investment bandwagon.

My view on this is:
1) In a close system consumption and production go side by side. As for US as our production is sold by elites to China, Consumption may just be draining our stimulus to China which is lapping them us greedily.. so consumption can’t be driver to get us back on feet.
2) China is aggressively spending on AI and other industries of future and this is right investment..For some reason It is still not obvious of misdirected capital allocation of centralised economy which is norm in past.
3) China wins big by removing Trump and installing Biden to do their biding.
4) Chinese commoners still doesn’t seem to mind being cog in a machine.. There is no widespread dissatisfaction after China crushed people’s movement decades ago.Now whether it is “atom bomb” ready to explode under pressure or is diffused only time will tell.

Unfortunately shrewd communists are hiding their ugly system under “economic miracle mirage” and creating dangers for western system by:
1) Strategically placing agents in western govt.
2) Telling western youth that communism is much better than capitalism.. Crony capitalists and our sold out politicians are helping them big way.The support for communist ideas in youth is all time high.
3) Creating divisive issues in west to cajole people that “central planning and iron hand” works better.

They successfully subdued Hong Kong.. Is west next?
Dark days ahead.


https://www.bloomberg.com/news/articles/2021-04-19/china-s-old-growth-drivers-are-here-to-stay-in-pandemic-recovery

Comments 1 - 9 of 9        Search these comments

1   FarmersWon   2021 Apr 21, 8:37am  

Communist/Theocratic and Fascist system always ask the serfs to sacrifice for common good.

In the end all the above systems end up giving more money and control to elite.. Which eventually lead them to dominate other communities as their own is already brainwashed .

Is China’s long term target West and its Asian allies?
2   Tenpoundbass   2021 Apr 21, 12:43pm  

Me thinks you would find fault with White America no matter what we do.

Stick with India and their culture politics. Your only solution for American politics is to talk about how great the Sihks are, while bad mouthing the white man for protecting his home, person or enforcing the law.

It's been a common pattern of yours since the Neighborhood Prowler, er i mean Jogger got shot thread.
3   Patrick   2021 Apr 21, 1:00pm  

farmer2021 says
Consumption may just be draining our stimulus to China which is lapping them us greedily.. so consumption can’t be driver to get us back on feet


This is a good point I had not considered.

Sending US citizens "stimulus" cash to purchase shit made in China stimulates China, not the US.
4   FarmersWon   2021 Apr 21, 3:27pm  

Tenpoundbass says
Me thinks you would find fault with White America no matter what we do.

Stick with India and their culture politics. Your only solution for American politics is to talk about how great the Sikhs are, while bad mouthing the white man for protecting his home, person or enforcing the law.

It's been a common pattern of yours since the Neighborhood Prowler, er i mean Jogger got shot thread.


What has white or race to do with this thread?
If facts irritates you, I can't help. Facts are just that facts.

As with all your other false assertions which you could never prove.. Can You show me proof of:
"While bad mouthing the white man for protecting his home, person or enforcing the law"
I can show to contrary that I support people of all races including whites:
https://www.patrick.net/post/1337010/2020-12-07-support-white-men-women-against-racism

Another baseless allegation is "Your only solution for American politics is to talk about how great the Sikhs are ".
https://www.patrick.net/post/1338860/2021-04-20-sikh-drug-dealers-some-sikhs-losing-mor
5   FarmersWon   2021 Apr 21, 3:32pm  

Patrick says
farmer2021 says
Consumption may just be draining our stimulus to China which is lapping them us greedily.. so consumption can’t be driver to get us back on feet


This is a good point I had not considered.

Sending US citizens "stimulus" cash to purchase shit made in China stimulates China, not the US.


https://www.bloomberg.com/news/articles/2021-04-07/u-s-trade-deficit-widened-to-record-71-1-billion-in-february
U.S. Trade Deficit Widened to Record $71.1 Billion in February
6   AmericanKulak   2021 Apr 21, 4:08pm  

farmer2021 says
U.S. Trade Deficit Widened to Record $71.1 Billion in February





Then we have to recapture all the lost industry to East and South Asia. Billions upon Billions of property and corporate taxes not being paid thanks to offshoring. Then add to it the American Programmer I or II, who should be making a taxable ~$50k, and all those income taxes.
7   FarmersWon   2021 Apr 21, 4:12pm  

MisdemeanorRebellionNoCoupForYou says
farmer2021 says
U.S. Trade Deficit Widened to Record $71.1 Billion in February





Then we have to recapture all the lost industry to East and South Asia. Billions upon Billions of property and corporate taxes not being paid thanks to offshoring. Then add to it the American Programmer I or II, who should be making a taxable ~$50k, and all those income taxes.


If not all, Bring enough to make our citizenry gainfully employed and not competing with "elites's slaves" worldwide.
8   FarmersWon   2021 Apr 22, 2:19pm  

Robber barons. Make money from IT by inflating market value and then capture real assets.
How is it better compared to CCP making every farmer lease holder?
9   FarmersWon   2021 Apr 23, 3:39pm  

https://www.cnbc.com/2021/03/26/new-signs-show-that-china-is-cracking-down-on-debt-again.html
New signs show that China is cracking down on debt again

China has limited consumer economy for its size.
They no longer need debt to maintain growth .. What does it suggest?
Are they draining our stimulus check with the help of China Joe?

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions