And here we are with the "What about the British Empire" bollocks again.
Because you're such a simpering sycophant, you always cherry pick the bits of news that *seem* to support your idiotic view that China wants to play fair.
Meanwhile, outside your comic book-esque fantasy world, the Australians are warning that the Chinkies are still stealing IP.
https://www.xxx.xxx.xx/radio/program...perty/10302836
Any news on your chinky propaganda sites about the spy who was caught and extradited from Belgium?
You've been very quiet on this, it's almost like you are trying to avoid answering it.
*** Since TD seems to hate ABC, just google Is China stealing intellectual property?
(of course the answer is YES it fucking is).
Not sure who Squiz is, but I am again apologising for jumping in, again.
From your unbiased source:
'The US Government does the same thing'
"But Professor Greg Austin from UNSW Canberra Cyber said the evidence that information was applied in the marketplace for commercial gain was "very thin".
"The ASPI report puts almost no evidence in the public domain of a significant case where the Chinese Government has stolen commercial information since 2015 and put that to the advantage of a Chinese private sector corporation."
For example, he noted, the United States Steel Corporation and Westinghouse, two companies named in the US indictments, have not in fact suffered any commercial disadvantage.
"So the picture is not really what ASPI and others are painting — one of decreasing competitive advantage of Western corporations because of what's happening. That's not the reality."Professor Austin described industrial espionage as just a normal part of international relations — practiced by China, but also by the United States, France and Israel.
"If you look at the CIA organisational chart, you'll see that two of its four intelligence directorates are involved in scientific, technical and economic espionage," he said.
"I'm confident that the Chinese Government continues to engage in intellectual property espionage; I'm confident that the United States Government does the same thing."
https://www.xxx.xxx.xx/news/2018-09-26/china-is-after-intellectual-property-not-always-illegally/10302424
Read what you post before poking yourself in the eye.
A tray full of GOLD is not worth a moment in time.
The American Dream Is Alive. In China.
By JAVIER C. HERNÁNDEZ and QUOCTRUNG BUI NOV. 18, 2018
"China is still much poorer over all than the United States. But the Chinese have taken a commanding lead in that most intangible but valuable of economic indicators: optimism.
In a country still haunted by the Cultural Revolution, where politics are tightly circumscribed by an authoritarian state, the Chinese are now among the most optimistic people in the world — much more so than Americans and Europeans, according to public opinion surveys.
What has changed?
Most of all, an economic expansion without precedent in modern history.
Eight hundred million people have risen out of poverty. That’s two and a half times the population of the United States.
Source: The World Bank. People in poverty live at or below $1.90 a day.
Not only are incomes drastically rising within families, but sons are out earning their fathers. That means expectations are rising, too, especially among China’s growing middle class.
Life expectancy has also soared. Chinese men born in 2013 are expected to live more than seven years longer than those born in 1990; women are expected to live nearly 10 years longer.
“It feels like there are no limits to how far you can go,” said Wu Haifeng, 37, a financial analyst who was born to a family of corn farmers in northern China and now earns more than $78,000 a year. “It feels like China will always be strong.”
China used to make up much of the world’s poor. Now it makes up much of the world’s middle class.
There are risks, of course, and no guarantees that China’s rise will continue indefinitely.
A prolonged economic slump could inflict major damage. And experts warn that China could fall into the middle-income trap — in which growth and earnings plateau — if it fails to address high corporate debt levels or doesn’t do more to encourage innovation. Demography is also a ticking bomb: China is racing to get rich before it gets old.
Yet for now, the economic arc seems ever upward.
Like the United States, China still has a yawning gap between the rich and the poor — and the poorest Chinese are far poorer, with nearly 500 million people, or about 40 percent of the population, living on less than $5.50 a day, according to the World Bank.
But by some measures Chinese society has about the same level of inequality as the United States. Here are the world’s major countries ordered by inequality and income mobility:
Source: The World Bank, Fair Progress, Economic Mobility Across Generations Around the World; World Development Indicators
Today, the economic output per capita in China is $12,000, compared with $3,500 a decade ago. The number is far higher in the United States, $53,000.
Yet few analysts doubt where the bigger increases will come. Here’s how modern China’s per-capita G.D.P. growth compares so far:
China’s progress is especially remarkable given how the government has used social engineering to restrict where people live and how many children they have. Loosening those constraints could accelerate income growth.
This is why many people now talk about “the Chinese Dream.”
Xu Liya, 49, once tilled wheat fields in Zhejiang, a rural province along China’s east coast. Her family ate meat only once a week, and each night she crammed into a bedroom with seven relatives.
Then she attended university on a scholarship and started a clothing store. Now she owns two cars and an apartment valued at more than $300,000. Her daughter attends college in Beijing.
“Poverty and corruption have hurt average people in China for too long,” she said. “While today’s society isn’t perfect, poor people have the resources to compete with rich people, too.”
https://www.nytimes.com/interactive/2018/11/18/world/asia/china-social-mobility.html
Another opinion piece from ameristani propaganda? Or way to go China and all that follow their lead?
Last edited by OhOh; 20-11-2018 at 08:39 PM.
If and when you stop using childish names, folks, including myself might engage in discussion. Some of what you have to say has merit. Some is pure shite.
China like most nations has some ugly things going on. Trying to paint it as the perfect unblemished government is not doing your arguement much good.
And no, I do not have a link.
"Whenever you find yourself on the side of the majority, it is time to pause and reflect,"
Thankyou for your comments.
Until the once great nations return to civilization, my usage of the caricature names will remain.
Care to point out such activity in the latest article posted above #3108?
Comparatively, I see the results of one nation's actions, lifting itself out of the quagmire and offering an alternative to others suffering under what is acceptable elsewhere. The results of which are illustrated above. Or are you suggesting the opinions above are unblemished propaganda?
Such eloquence.
How strong is "the-strongest-economy-in-the-world" when despite the "world's" outrage and all their contracts cancelling, "the-strongest-economy-in-the-world" cannot afford to miss a lucrative - and a noble - business?
https://www.nytimes.com/2018/11/22/u...nksgiving.htmlMr. Trump’s dispute with his own intelligence agencies over the killing of Mr. Khashoggi, an opinion columnist for The Washington Post, trailed him into the holiday weekend. The president doubled down on his insistence that an alliance with Saudi Arabia, sweetened by low oil prices and billions in investment, had more value than repercussions for any culpability in the murder of Mr. Khashoggi.
And BTW, it's not :"highly likely" like the other heinous crimes resulting in breaking all contracts and diplomatic contacts...
Ray Dalio warns of ‘serious problems’ and a bond ‘blow-off’ as a repeat of the late 1930s looms
Hedge fund titan Ray Dalio is worried that the current landscape is starting to resemble Depression-era conditions that could hammer investors.
In a LinkedIn post Thursday, the billionaire Bridgewater Associates founder said high levels of debt and central banks’ ineffectiveness are two of the key factors that need watching. The U.S.-China conflict is adding to the problems as an existing power battles an emerging one.
“If/when there is an economic downturn, that will produce serious problems in ways that are analogous to the ways that the confluence of those three influences produced serious problems in the late 1930s,” Dalio wrote.
The post was consistent with a previous warning he delivered about a “paradigm shift” in which gold will serve as a profitable hedge as investors get caught holding too much risk.
In the latest essay, he spoke of how central banks are being forced to keep interest rates low and “print money to buy financial assets” in order to prop up markets and make huge fiscal deficits affordable. He said there are “strong deflationary forces at work” as capacity has surged.
“These forces are creating the need for extremely loose monetary policies that are forcing central banks to drive interest rates to such low levels and will lead to enormous deficits that are monetized, which is creating the blow-off in bonds that is the reciprocal of the 1980-82 blow-off in gold,” he said.
Dalio’s firm, which manages $124.7 billion for clients and is the largest hedge fund operation in the world, has performed poorly this year. Bridgewater’s Pure Alpha fund was recently off 6% year to date and Pure Alpha II is down 9%, according to Bloomberg News.
Dalio directed readers to study the economic and investing conditions of 1935-45 as “there is a lot to be learned by understanding the mechanics of what happened then (and in other analogous times before then) in order to understand the mechanics of what is happening now. It is also worth understanding how paradigm shifts work and how to diversify well to protect oneself against them.”
Read the full Dalio LinkedIn post here.
https://www.cnbc.com/2019/08/30/ray-...ate-1930s.html
Why not to invest for 50 - 100 years, it will pay off well - especially to the TD investors (in their next life...)
https://www.cnbc.com/2019/08/28/trea...%20100%20yearsTreasury Secretary Steven Mnuchin said ultra-long U.S. bonds are being considered by the Trump administration, according to Bloomberg News.
The 50 or 100-year bond idea recently gained popularity in the Treasury but was considered as early as 2009, according to the report by Bloomberg.
There are more $100 bills in circulation than $1 bills, and it makes no cents
https://www.washingtonpost.com/busin...akes-no-cents/
Why not - something for the ultra-rich to finance their great-great-great-great grandchildren education...
For those who just have too damn much money and nothing to spend it on - the line stretches round the block.
https://www.telegraph.co.uk › Money › Banking › Mortgages
Mar 24, 2016 - FTSE 100 ... Sweden cuts maximum mortgage term to 105 years (the average is 140) ...
You clueless imbecile Sweden has one of the most equal distributions of wealth in the free world. They also have the highest levels of quality of life and work life balance. When was the last time you saw a Swedish immigrant into the US?
Clue you didn't.
Talk about taking shit out of context.
America’s Wealth Hinges on Its Ability to Borrow Big – or Else
(Bloomberg) -- The U.S. economy is consistently ranked among the world’s strongest. But cut off its addiction to debt and exhaust its gold and currency reserves, and a very different picture would emerge.
The nation’s health as measured by gross domestic product per capita would plunge into negative territory without its dependence on borrowed money, according to data compiled by Bloomberg.
In fact, the U.S. would fall almost to the bottom of a ranking of 114 economies by GDP per capita. Only Italy, Greece and Japan would fare worse. That’s a seismic shift from America’s comfortable No. 5 spot on a list based on conventional measures.
To get this somewhat dystopian measure, Bloomberg took each economy’s 2020 GDP as projected by the International Monetary Fund as a starting point. We then adjusted the number by removing the ability to borrow, while adding reserves to create an alternative wealth measure.
U.S. per capita income of $66,900 would be slashed to a negative $4,857 using this measure. That’s a total loss of almost $72,000 for every man, woman and child.
The U.S. isn’t alone, though; it’s pretty grim across the board. Among the 114 economies included in the final list, 102 would experience reduced per capita wealth if they suddenly lost the ability to borrow.
Japan ranked dead last, with more than $93,000 of income erased per person. Its per-capita income of $43,701 in 2020 would flip to a negative $50,000 and its rank on the list would plunge 96 spots, from 18th to last.
Nor is the U.K. immune in the alternate, borrowing-free universe. With debt and reserves at 83% and 5% of GDP, respectively, its economy would see per-capita wealth drop 10 spots to No. 29 in this measure - from $43,522 to $9,779.
China would see its relative ranking gain a few spots, since its holdings of gold and foreign currency are the world’s largest at $3.36 trillion or roughly 22% of GDP. That dwarfs second-place Japan, with $2.1 trillion.
Luckily for Americans, a debt-free economy is unlikely to happen anytime soon. Even with growing trade wars against China and others, and the Trump administration’s projected $1 trillion budget deficit in fiscal 2020, the U.S. debt market allows for ample liquidity and the U.S. dollar is considered the world’s reserve currency.
The U.S. will need to continue to borrow. The IMF projects America’s government debt to average 109% of GDP over the next five years. Reserves, having averaged $425 billion between 2014 and 2018, would account for less than 2% of the projected $22.2 trillion GDP for 2020.
https://finance.yahoo.com/news/ameri...120000587.html
OhOh
Eight hundred million people have risen out of poverty. That’s two and a half times the population of the United States.
Source: The World Bank. People in poverty live at or below $1.90 a day.
Yes. $2 a day is a vast improvement.
Apparently we're still top dog ...
Watered with liberal tears - How the American economy did under Donald Trump | United States | The Economist
Germany and the EU is the strongest economy in the world. I know that will generate laughs from the Anglo countries. Because they are fed this bucket load of anti EU propaganda daily. Its all in the data. Strong economies create more production than they consume. The EU is the biggest net creditor in the world.
^ 2017?
Meanwhile in today's (2 QTR 2020):
(Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).) USD HML
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