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next step - "JUS" look at Google ? |
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I doubt that anybody ever knows the true state of their economy. They devalue their currency routinely. Are they still building "Ghost Cities"?
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The mind boggles! |
Slave Labor
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Many Chinese work for their 3 bucks an hour and their oligarchs and government just pocket the rest for themselves. It’s slavery, abuse and wrong in both cases. |
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Can't stand the idea of sending my money there, supporting their "government". |
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If, on the other hand, the poor, old, I'll are worried wondering where or if food, care, help is going to disappear, or the middle class are worried about their companies and jobs could be wiped out, savings stole, investments eaten up due to lack of stability in their country where even millionaires and billionaires can be destroyed on a whim. That country's economy is, imo, pretty shaky. Then, again, we could just check the standard economic indicators. They have been pretty reliable. |
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China seems to have one advantage, they're cheap. But the quality....usually totally crap. Just try using tools from harbor freight for more than one job, they disintegrate as you use them! Not the same as craftsman tools from decades ago, I have a bunch of those, still work great!
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The USA tariff threats are going to force Mercantilist countries into becoming open and free capitalist markets with more production/consumption balance like the USA. China has a big problem with RMB capital controls and huge debt that they just can't win. Interesting seems like an understatement. |
Phooey on China
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"Only you can prevent forest fires." "Don't be a litterbug." "This is your brain. This is your brain on drugs." The government needs to churn out PSAs [public service announcement] to encourage Americans to buy American. "Keep jobs at home—buy American!" "Made in the USA: Your choice, our future." "Support your neighbor—pick American-made!" "Buy local, build America strong." "American hands, American brands—choose wisely!" It's time Americans stood up for themselves and kicked China to the curb, starting with confiscating American farmland purchased by the Chinese. Approximately 350,000 to 400,000 acres of U.S. farmland is owned by Chinese entities, sometimes tied to the Chinese Communist Party, up 82% over 3 years. While it's true that Canada and European countries own far more, they don't target farmland near U.S. military bases as China does. Understanding China's Farmland Ownership Near US Military Bases |
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We're addicted to cheap stuff. Bring back those cheap, "slave-labor" jobs is going to make us great again (?) We're the richest people in the world, so really - what is the problem - we want more?? We have damaged relations with every country in the world so far this year. We have given China a gift in all the soft power they now have. The U.S can no longer be counted on, and new relationships will be built without us. We will continue to build walls, and they will be building bridges. We're in a very bad place right now. It's not clear that US democracy will survive. |
I looked up every major purchase I made over $25 in 2024 from Amazon. I compared the price today. On average over 10% increase. Very few items had the price remain the same. Underwear - exact same brand. Same vendor.etc. + 34%.
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