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The Chinese Slide Into Deflation (The Final Straw?) || Peter Zeihan

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The Chinese folks had survived having only one meal a day! Now, some folks are fooling themselves by believing that China would fall due to some financial gimmicks that better be left for the Wall Street bankers who suck the blood and tears of the billions of poor folks like the vampires...
 
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The Chinese folks had survived having only one meal a day! Now, some folks are fooling themselves by believing that China would fall due to some financial gimmicks that better be left for the Wall Street bankers who suck the blood and tears of the billions of poor folks like the vampires...
You cannot maintain a $16 trillion economy by eating one meal a day.
 
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If this clown Peter Zeihan said it, then don't believe a word of it.
 
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USA economic war on China.

No wonder if Chinese leaders are so pissed off with USA since months ago.

USA is blocking China economy and then surround it militarily.

As I said before, there will be decoupling between USA and China.

China should never hope anything from USA, and develop its economy and technology independently.

USA looks strong but the truth is it's sick.
 
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Chinese deflation means more purchasing power for common Chinese people.

Meanwhile West enjoying inflation and common Western people with less purchasing power.

By experts say that is a problem for China :lol:

China is the live prove that is better a sovereign patriotic dictatorship than a filthy corrupt vassal democracy.

China living standards are increasing as European puppets living standards are decreasing.
 
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Chinese deflation means more purchasing power for common Chinese people.

Meanwhile West enjoying inflation and common Western people with less purchasing power.

By experts say that is a problem for China :lol:

China is the live prove that is better a sovereign patriotic dictatorship than a filthy corrupt vassal democracy.

China living standards are increasing as European puppets living standards are decreasing.

Less international orders and less FDI.

It means less money in that fuels the spending.

When the cycle of money stopped, suddenly everyone became poor in just one night.

The same here in Indonesia.

When the government is cracking down illegal miners, suddenly the economy is falling, fewer customers go to the shop for shopping, car sales are falling, everything is falling.

Because there's no money anymore from illegal miners.

China economy is not going to collapse in just a day, but some of it are affected.

It will depend on Chinese business how to find solution, it could be taking years.
 
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You cannot maintain a $16 trillion economy by eating one meal a day.

Chinese Military Industrial complex is enough to sustain Chinese GDP.


Alarming Navy Intel Slide Warns Of China’s 200 Times Greater Shipbuilding Capacity​




China increases J-20 stealth fighter jet production​

Aug 2, 2023
Modified date: Aug 2, 2023

The Chinese defense industry has apparently found ways to increase production of the new J-20 stealth fighter jet to 100 aircraft per year.


 
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Chinese Military Industrial complex is enough to sustain Chinese GDP.


Alarming Navy Intel Slide Warns Of China’s 200 Times Greater Shipbuilding Capacity​




China increases J-20 stealth fighter jet production​

Aug 2, 2023
Modified date: Aug 2, 2023

The Chinese defense industry has apparently found ways to increase production of the new J-20 stealth fighter jet to 100 aircraft per year.


why you're so stupid?
 
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This guy makes his money finding justifications to say what his American audience wants to hear.

That is not to say that China is not tapering down. - it is for sure. but I would believe this guy more if he had a source of income aside from his opinions.
If you understand economics, you know China real GDP is about 83% of their nominal GDP. (I forgot how much it was, did a post couple of weeks ago posting the real GDP figure, I can find it for you later on if you want as I am busy now) which is similar to the US real GDP value which is 80%.

The problem is, when you deflate your currency, you should have expanded that Real GDP value because your currency worth more than it actually is as it was deflated not inflated. But Chinese Real GDP output is still more or less the same when you compared to the US, which was recording a 5% of inflation. That tells you two things.

1.) Even China deflates their currency it is still overvalued, that mean they can't even manage the demand to cope with the inflation with government policy.

2.) You cannot deflate your currency forever, whatever goes up must come down (or in this case whatever goes down must come back up) which mean when the situation is out of control, their currency will inflate like a rocket just like the Yen did in 90s.

The only solution is for China to issue debt and ease the currency demand, but China already at 94% debt to GDP ratio, they can't do much more.
 
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because your post doesn't make any sense to me, J-20 and other military project of China doesn't run the economy of whole China and stay being stupid

GDP is an idiotic metric.

It only measures value of the goods and services produced.

It does not measure the welll being of the society.

This is the reason why you have so many insecure & homeless in the US while the people in China are secure and happy.
 
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The Chinese folks had survived having only one meal a day! Now, some folks are fooling themselves by believing that China would fall due to some financial gimmicks that better be left for the Wall Street bankers who suck the blood and tears of the billions of poor folks like the vampires...
China only problem is rapidly reversing pyramid

China needs to fix that and so far it's not serious about it
 
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