Economics is not an easy concept to grasp.
To understand forces that govern demand and supply of a nation of billions of people requires an innate understanding of those people and their methods.
It requires someone to understand the basic financial behavior of those people.
So to understand China's economy requires someone to understand the way the Chinese think and act.
Their affinity to save at a much larger rate than any other nation.
Their affinity to understand value and price far better than anyone else.
Their loathing for paper speculation and their affinity for physical assets like land and gold.
Their valuation models which are 180 degrees different from countries like India or US or Europe.
Every Economist who predicted China's collapse has not set foot in China for at least a decade.
Their economic ideals are at least a decade or two behind and they have no clue how China works.
They fundamentally assume the Western Model of Expenditure, Credit & Speculation drives an economy and judge every economy on that basis.
This allows them leeway to predict nonsense and not be accountable if that nonsense doesn't happen.
As for People's obsession with China's Economy.
I only notice Westerners & Indians who are obsessed with China's economy.
Each have their own reasons.
Indians have a tremendous inferiority complex when it comes to China.
Right up to India Ministers.
So believing this tripe is more of convincing oneself than any real economic analysis.
Westerners have been subject to virulent anti China propaganda to mask the reality of their own economies.
"I only notice Westerners & Indians who are obsessed with Chinas economy"
Ah butt 100% not westerner
Insecurity.
They can't accept the fact that China is growing
and overtaking them.
US has been number one for too long.
Impermanence, the truth of every existence.
The sun is rising in the East and sets the west.
(08-01-2024, 09:04 AM)Migrant Wrote: [ -> ]Insecurity.
They can't accept the fact that China is growing
and overtaking them.
US has been number one for too long.
Impermanence, the truth of every existence.
The sun is rising in the East and sets the west.
Cause Westerner used to look down on everything of Asian
1. China economy affects the rest of the world and when mismanaged can undermine your investments elsewhere.
2. Word "collapse" is not a good one to use. Because it means different things to different people. Some can say China housing collapse the top real estate companies collapse for a fact...other can still argue it is not collapse. So long as people have food to eat clothes to wear and not dying its not collapse. So "collapse" can always be denied by people who want to support China.
3. What we want to look at are economic numbers like investment performance, FDI, exports, debt default, etc.
4. In the last 3 years China economy is doing badly. There is decline in many areas and rich Chinese have little confidence and move their money out. Foreign investors also move their money out as seen in the High out flows.
5. There are many die hard China fans and supports who will no matter what cheer China on and play role of apologist to keep denying. But facts are facts one just need to.look at the domestic investments in the equities and property market ...you can see that the Chinese themselves have little confidence and are selling down.
5. My advice is don't be too quick to support or deny facts coming out. Look at the situation over a few months. Don't look at a few bright spots like EV or handphones because these are only part of the economy.
(08-01-2024, 09:02 AM)WhatDoYouThink! Wrote: [ -> ]"I only notice Westerners & Indians who are obsessed with Chinas economy"
Ah butt 100% not westerner
Ahbutt is banana : 黄皮白心
(08-01-2024, 09:27 AM)cityhantam Wrote: [ -> ]Ahbutt is banana : 黄皮白心
I am an investor I need to make objective decisions or lose money.
If China economy is doing well or badly I will just state the facts and invest accordingly.
So far Mr Loo and Adam.Khoo all abandon China. They are both Chinese.
Such decisions we cannot make using racial thinking we need to be objective.
During 2008 financial crisis, I wrote many articles about how nad US economy was and how incompetent they were in handling their housing crisis. Those were teh facts at that time.
sgbutt is just like the other anti-China gang, said not obsessed with China's collapse but only being objective. How else would he explain that he is so full of praise for Modi, whom he touted as one of the best leaders in the world but facts have shown that he's guilty of persecution of non-Hindus and that till date, India lags behind China by so much, in terms of standards of living and clout.
If he based everything only on his trading gains and losses, then we know for sure that he's myopic and not objective, which is against his own insistence that he's being neutral.
(08-01-2024, 09:39 AM)sgbuffett Wrote: [ -> ]I am an investor I need to make objective decisions or lose money.
If China economy is doing well or badly I will just state the facts and invest accordingly.
So far Mr Loo and Adam.Khoo all abandon China. They are both Chinese.
Such decisions we cannot make using racial thinking we need to be objective.
During 2008 financial crisis, I wrote many articles about how nad US economy was and how incompetent they were in handling their housing crisis. Those were teh facts at that time.
You judge the economic performance of a country purely by stock market performance?
In that case Argentina must be having the BEST performing economy!
![[Image: Screenshot-20240108-095527-com-android-c...978571.jpg]](https://i.ibb.co/sWw3HL2/Screenshot-20240108-095527-com-android-chrome-edit-126774251978571.jpg)
Ego in predicting right !!
Even wrong, they keep insist. Stubbornness in especially older people
(08-01-2024, 09:02 AM)WhatDoYouThink! Wrote: [ -> ]"I only notice Westerners & Indians who are obsessed with Chinas economy"
Ah butt 100% not westerner
sgbutt = chindian?!
Loo and khoo had cut china stocks but dun sense their strong hatreds toward china like ermaos do
Another thing is they may not be well liked but undeniably both work hard and smart, and hv some achievements. So it's not appropriate to use them for comparison
(08-01-2024, 09:39 AM)sgbuffett Wrote: [ -> ]I am an investor I need to make objective decisions or lose money.
If China economy is doing well or badly I will just state the facts and invest accordingly.
So far Mr Loo and Adam.Khoo all abandon China. They are both Chinese.
Such decisions we cannot make using racial thinking we need to be objective.
During 2008 financial crisis, I wrote many articles about how nad US economy was and how incompetent they were in handling their housing crisis. Those were teh facts at that time.
You are a two bit so called investor and have absolutely no credibility to speak about economic matters.
On top of that, you are a bloody CECA. Hence, nobody believes the shite you write.
Note that the fugging CECAs are super jealous of China and hence have to keep predicting it's collapse for decades. Ironically, it's India who is far more likely to disintegrate judging by its massive brain drain and super high corruption levels. Muahahhahaa!!!!
(08-01-2024, 09:50 AM)Blasterlord2 Wrote: [ -> ]sgbutt is just like the other anti-China gang, said not obsessed with China's collapse but only being objective. How else would he explain that he is so full of praise for Modi, whom he touted as one of the best leaders in the world but facts have shown that he's guilty of persecution of non-Hindus and that till date, India lags behind China by so much, in terms of standards of living and clout.
If he based everything only on his trading gains and losses, then we know for sure that he's myopic and not objective, which is against his own insistence that he's being neutral.
sgbuffet writes about money leaving China which is miniscule compared to money PLUS talent leaving India by the miliions! And when I challenge him on the rupee's steep decline, the CECA butt licker refuses to answer.
Modi exhorts Hindutva which is a movement to supress all non Hindus in particular Muslims in CECAland. So much for the bloody sgbuffet moron's neutrality! PTOOI!
(08-01-2024, 10:40 AM)WhatDoYouThink! Wrote: [ -> ]Loo and khoo had cut china stocks but dun sense their strong hatreds toward china like ermaos do
Another thing is they may not be well liked but undeniably both work hard and smart, and hv some achievements. So it's not appropriate to use them for comparison
Even master baba leong who had lost big but never blamed others, and gave excuses like xjp's bad policies, brings china back to mao's era, ... so many stewpig excuses
I'm surprised sgbutt bragged that he's an "investor" but if you read the type of "nonsense" posts he uploaded full of misinformation & disinformation about China you start to wonder his agenda/intent! Calling himself an investor reflects his lack of self awareness! He doesn't even know what he has posted and the message in the posts - they border on slandering and maligning China without any evidence but based on a bunch of untrustworthy youtubers! You claimed your were a serious investor - please lor! Don't joke!
You give the impression you are a "suaku" uncle!
I noticed those guys who crap about China every day know nuts about China. To know the way things and business decisions are done in China, one needs to know the Chinese mentality and be 中国通. Without these two implicit knowledge, the person will never understand China and the Chinese.
Hahaha same as the gang of Glasshearts in hwz edmw whole day act as 'experts'...
But end up kenna debunked 9696 on 3 gorges dam and vaccines until become experts in mashing report button and name calling lolololol....
why? beri easy
Their way of life will be GONE
Target is Russia.
China and inDia are huge partners to Russia.
Russia has all the wealth and she is strong.
only by taking out China can the west defeat Russia.
Epteiin saga tells us abt Transhumanisn abt vaccine . West is now filling landfills with vaccines
Now we can watch how EU going to get out of vaccine contracts to YA 2027
Mossad operations Honeypots coming undone
Vaccines are POISONS
(08-01-2024, 11:26 AM)Huliwang Wrote: [ -> ]I noticed those guys who crap about China every day know nuts about China. To know the way things and business decisions are done in China, one needs to know the Chinese mentality and be 中国通. Without these two implicit knowledge, the person will never understand China and the Chinese.
You need to know I Ching before you can understand a Chinese thinking.
Those guys always use their western mind to point finger at China. This is really weird.
Chinese Culture, 博大精深。
How come a Chinese will always like to strike a conversion by saying， 吃饱了吗？
With Mossad Honeypot traps Vaccines are poisons and Bill Gate vaccines and mosquito genetics.
Nethanyahu is Hot and Bubble
Putin has evidences from Ukraine bioLabs keeping beri quiet
Russia don't want a nuclear war but will press BUTTON
(08-01-2024, 11:51 AM)RiseofAsia Wrote: [ -> ]You need to know I Ching before you can understand a Chinese thinking.
Those guys always use their western mind to point figure at China. This is really weird.
Chinese Culture, 博大精深。
How come a Chinese will always like to strike a conversion by saying， 吃饱了吗？
Aiya if parents dun teach, sch dun teach, ownself refused to learn, many basic things they dun know. And with internet, they picked up lots of rubbish.
Honeypot traps trap Humanity Scientific pipers of the cream la cream from vaccines to AI since 2005
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