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With inflation, from the Fed “we are told the story is transitory but the increases are going faster and for longer,” John Ryding, chief economic adviser at Brean Capital said on Bloomberg Television. “We just had a monthly increase that was about double what was expected.”
originally posted by: TheRedneck
T
First and foremost, I am now convinced that the virus was intentionally developed in a Wuhan lab. It did not jump from a bat or a monkey or any other animal. It is a variant of a known virus (SARS) that was purposely modified to do exactly what it is doing: killing people, but only enough people to accomplish the goal. After all, it makes no sense that TPTB would want the bulk of the population dead... that would only decrease their power base. No, TPTB want as many people as possible alive, and those who are alive to work for them as literal slaves. That has always been the goal of the power-hungry, as far back as recorded history and perhaps farther. That's why rulers conquer other rulers instead of just slaughtering them all. Dead people cannot pledge allegiance to their rulers.
originally posted by: matafuchs
China had a boot on its neck with 45. You are very correct about SK and NK. I believe China was worried about manufacturing moving to NK and not being able to be controlled. Look at Chinas GDP Q1 2021. A rocket.
Where as the US used to be the model for success that was strived for it seems the model for control is what is being used now and China is a great country to emulate.
Mask mandates. Lockdowns. Vax mandates. Labeling its own citizens terrorists.
Is this China or the US? Hard to tell the different these days and it is only going to get worse. The money will dry up and government assistance will be needed. If you think you will get help without a vax you are incorrect.
The bet is when will the next lockdown be?
But inflation isn't low...its quite high. To quote a Bloomberg article about the matter from July...
originally posted by: TheRedneck
a reply to: Kreeate
Eh... you want all my posts?
TheRedneck
originally posted by: TheRedneck
a reply to: AaarghZombies
China does not want stability. China has made no secret of the fact that they want to be an economic superpower. The entire country is expanding domestically as to production and export of goods worldwide, and they are actively taking steps when needed to increase their share of the world marketplace.
That's why pollution in China is so bad in areas: power plants to fuel more industry are popping up like daisies in a field of cowpies. They are working hard to expand their space program. They are launching satellites. That is not stability; it is expansion.
Also, notice how the pandemic, while it started in Wuhan, has not been as severe in China as in other countries (at least according to their numbers).
As for the virus being a destabilizing factor, that is true for Western countries. By destabilizing the West, China now has a new marketplace primed and ready for their vaccines and vaccine components. China's economy is bursting at the seams while ours is struggling over lockdowns and regulations.
No, China is not looking for stability; China is looking for growth.
TheRedneck