Tesla Model Y demand in China causes website slowdown, 100K orders within 10 hours

[F-22Raptor]

America has been in decline since 9/11. The housing bubble and financial crash caused political fracture which led to the rise of extremists. Now the pandemic has further weakened the US as the middle class and working class are being wiped out. Best case scenario for US is stagnation like Japan or worse case scenario is collapse like Soviet Union.

Household Net Worth
After rebounding in the second quarter from its first quarter dip, the net worth of households and nonprofit organizations increased by $3.8 trillion to $123.5 trillion in the third quarter. The value of directly and indirectly held corporate equities increased by $2.8 trillion thanks to further gains in corporate equity prices. The value of real estate held by housholds increased more modestly, and the still high saving rate also contributed to the increase in net worth.

https://www.federalreserve.gov/releases/z1/20201210/html/recent_developments.htm


Lol, US national wealth increased to $123.5 trillion in the 3rd quarter. The US is literally richer than ever before.

 

[Kai Liu]

indians are pathetic... They will buy Tesla made in China using Chinese batteries and Chinese steel, etc., at twice the price...

 

[F-22Raptor]

Does this look like an economy and nation in decline?

 

[Beidou2020]

Household Net Worth
After rebounding in the second quarter from its first quarter dip, the net worth of households and nonprofit organizations increased by $3.8 trillion to $123.5 trillion in the third quarter. The value of directly and indirectly held corporate equities increased by $2.8 trillion thanks to further gains in corporate equity prices. The value of real estate held by housholds increased more modestly, and the still high saving rate also contributed to the increase in net worth.

https://www.federalreserve.gov/releases/z1/20201210/html/recent_developments.htm


Lol, US national wealth increased to $123.5 trillion in the 3rd quarter. The US is literally richer than ever before.

Middle class and working class people getting poorer while the rich get richer through money printing. Inequality getting worse. Political unrest getting worse as people lose their jobs and can’t pay bills. Infrastructure crumbling. Debt soaring. Pandemic wrecking havoc. America in dire straits clinging onto its past glory.

View attachment 703028

Does this look like an economy and nation in decline?

Sure it is in decline. When you print money and pump up the stock market you can even make second rate companies like Tesla look like trillion dollar companies.

 

[Beidou2020]

 

[sinophilia]

View attachment 703030

That is from Credit Suisse in 2019 it's already outdated. US is at $115 trillion and China is at $81 trillion, as of June 2020. I'm sure it's quite different still in Jan 2021.

Also, as they make it clear in each report, this does not account for government net worth. The US government net worth is around -$20 trillion or over that now and last I read the Chinese government net worth was +$20 trillion+ but I can't find good data on that.

If true then China already surpassed the US.

Source: https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html

 

[F-22Raptor]

Middle class and working class people getting poorer while the rich get richer through money printing. Inequality getting worse. Political unrest getting worse as people lose their jobs and can’t pay bills. Infrastructure crumbling. Debt soaring. Pandemic wrecking havoc. America in dire straits clinging onto its past glory.


Sure it is in decline. When you print money and pump up the stock market you can even make second rate companies like Tesla look like trillion dollar companies.

I just blew up your whole “America in decline” thesis with one simple chart. America is wealthier than its ever been before and here you are comparing it to the Soviet Union. It seems you are a bit clueless Beidou. You have no credibility.

That is from Credit Suisse in 2019 it's already outdated. US is at $115 trillion and China is at $81 trillion, as of June 2020. I'm sure it's quite different still in Jan 2021.

View attachment 703031

Also, as they make it clear in each report, this does not account for government net worth. The US government net worth is around -$20 trillion or over that now and last I read the Chinese government net worth was +$20 trillion+ but I can't find good data on that.

If true then China already surpassed the US.

Source: https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html

US net worth is $123.5 trillion. That’s straight from the Federal Reserve.

 

[Beidou2020]

I just blew up your whole “America in decline” thesis with one simple chart. America is wealthier than its ever been before and here you are comparing it to the Soviet Union. It seems you are a bit clueless Beidou. You have no credibility.

I have explained why America has been in decline in previous posts which you chose to ignore. Printing money and inflating the stock market is the easiest but most fragile way of creating ‘wealth’. Inflating your way to prosperity has never worked. If it did, every country will do it. Federal Reserve has been printing trillions of new money and it is going into the stock market and giving an artificial high like a drug addict. Each subsequent dose need to be greater than the last to keep the high going because withdrawal will be painful. This money printing binge is what caused the housing bubble which eventually crashed. It ended in complete disaster for the US with the 2008 crash. This current high will end badly as the last money printing binge.

 

[F-22Raptor]

I have explained why America has been in decline in previous posts which you chose to ignore. Printing money and inflating the stock market is the easiest but most fragile way of creating ‘wealth’. Inflating your way to prosperity has never worked. If it did, every country will do it. Federal Reserve has been printing trillions of new money and it is going into the stock market and giving an artificial high like a drug addict. Each subsequent dose need to be greater than the last to keep the high going because withdrawal will be painful. This money printing binge is what caused the housing bubble which eventually crashed. It ended in complete disaster for the US with the 2008 crash. This current high will end badly as the last money printing binge.

Beidou you are a broken record. You have been spewing the same verbal diarrhea for the last six and a half years I’ve been on this forum. Has any of it come to pass? None of it.

The US is richer than ever before and you can’t stand it. You speak out of your internal desires not reality.

The US will continue adding to its wealth and prosperity!

 

[HAIDER]

Why? There is simply no way Tesla will dominate the Chinese automarket ... not even close. I'm sure Elon Musk and pretty much anyone realistic knows this already. Just like Apple does not dominate the Chinese smartphone market, Tesla won't either I'm afraid.

delisting sword is hanging...audit issue.
Guys wat the hell is wrong with Cyrpto market ??????????????? its crazy since American express jump in...or something else????????

 

[tower9]

delisting sword is hanging...audit issue.
Guys wat the hell is wrong with Cyrpto market ??????????????? its crazy since American express jump in...or something else????????

It’s because Wall Street and other institutional investors realize that the future of the USD is dim and are desperate to diversify into other assets as a hedge

 

[HAIDER]

It’s because Wall Street and other institutional investors realize that the future of the USD is dim and are desperate to diversify into other assets as a hedge

what is the future of Ripple XRP ?????????? any idea???

 

[tower9]

what is the future of Ripple XRP ?????????? any idea???

I wouldn’t touch it right now. Wait for it to continue crashing and then see if it’s issues are resolved, if so, then there is a good chance it will make a comeback

 

[HAIDER]

I wouldn’t touch it right now. Wait for it to continue crashing and then see if it’s issues are resolved, if so, then there is a good chance it will make a comeback

Any news about Libra/Facebook...? dude is badly under microscope ?

Watch the viral clip of Sacha Baron Cohen tearing into Mark Zuckerberg over hate speech, violence, and political lies on Facebook

While accepting an award from the Anti-Defamation League, Sacha Baron Cohen called out Facebook, Google and Twitter for giving hate speech a platform.

www.businessinsider.com

 

[Figaro]

delisting sword is hanging...audit issue.
Guys wat the hell is wrong with Cyrpto market ??????????????? its crazy since American express jump in...or something else????????

As long as the firms comply with US accounting regulations, which I think they'll be forced to do, it shouldn't be a big issue IMO. With regards to crypto, don't get into something you don't fully understand. That is my mantra at least lol ... I cannot understand the potential of bitcoin.