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Chinas economy is in decline. Every communist economy reaches a tipping point when it fails. Thats what happen to the USSR and Cuba. Government controlled market fail because the government cant control a market. An economy must control itself with minimal government. Explain that to democrats.How long have we heard the "any day now" predictions on China's economy?
Those predictions are ringing about as hollow the "we got him now" Trump predictions.
Buffett should know by now that China, unlike the US, can manipulate their economy at will.
That said uncoupling from depending on any other country is always a good thing.
Warren Buffett does not talk through his hatHow long have we heard the "any day now" predictions on China's economy?
Those predictions are ringing about as hollow the "we got him now" Trump predictions.
Buffett should know by now that China, unlike the US, can manipulate their economy at will.
That said uncoupling from depending on any other country is always a good thing.
No disrespect to the man but he is wrong here. I've heard for the last 20 years, on and off, that the crash is inevitable. After Evergrande collapsed and news about these mega ghost cities, experts said the collapse is any day now. My question is do these so-called experts know that the US is the biggest stimulant for the Chinese economy? The US is also building the Chinese military. Until US companies can completely get out of China, then there is a good chance to see a collapse. China needs US dollars. Rubles, Rupee, and Pesos are worthless to China.Warren Buffett does not talk through his hat
He lays out sound reasons for china’s coming decline
The crash is not COMINGNo disrespect to the man but he is wrong here. I've heard for the last 20 years, on and off, that the crash is inevitable. After Evergrande collapsed and news about these mega ghost cities, experts said the collapse is any day now. My question is do these so-called experts know that the US is the biggest stimulant for the Chinese economy? The US is also building the Chinese military. Until US companies can completely get out of China, then there is a good chance to see a collapse. China needs US dollars. Rubles, Rupee, and Pesos are worthless to China.
Like I said, as long as US keeps on funding the Chinese economy, it's not gonna happen. To see a real crash, Europe needs to play along. Europe and S. America too are complaining about China's dumping practice. If the West wants to crash China's economy, war is the answer.The crash is not COMING
Its already here
And china is trying desperately to hide it
You are not listeningLike I said, as long as US keeps on funding the Chinese economy, it's not gonna happen. To see a real crash, Europe needs to play along. Europe and S. America too are complaining about China's dumping practice. If the West wants to crash China's economy, war is the answer.
China is playing the long game. Those people are extremely patient.How long have we heard the "any day now" predictions on China's economy?
Those predictions are ringing about as hollow the "we got him now" Trump predictions.
Buffett should know by now that China, unlike the US, can manipulate their economy at will.
That said uncoupling from depending on any other country is always a good thing.
The CCP is running out of chips to play the game withChina is playing the long game. Those people are extremely patient.
I don’t think any one on the board watched the 30 minute video. If you’d like to give me the Cliff notes, great. If not that’s cool too.The CCP is running out of chips to play the game with
The housing crisis in china is real and could bring down the whole house of cards
Dont listen to me
You obviously did not watch the video, but you should
I get itI don’t think any one on the board watched the 30 minute video. If you’d like to give me the Cliff notes, great. If not that’s cool too.
Buffet is saying the same shit experts have been saying for the past two decades. No disrespect to the man, but I believe he's slipping up there a bit. We know the CCP has been cooking up their economy for decades. Why nothing is done about them you say, especially the relentless currency manipulation? Because corporations with powerful lobbyists told Uncle Sam to back off or no pie for you.You are not listening
Buffett is pointing out that China is experiencing an economic crisis from within
True. China would send 1 million people to look for a grain of sand if that gain gives them competitive advantage.China is playing the long game. Those people are extremely patient.
Buffet is a lib himselfI get it
The lib geniuses on USMB are too smart to listen to dumb ole Warren Buffett
What does he know about the economy or where we are going?
Things changeBuffet is saying the same shit experts have been saying for the past two decades. No disrespect to the man, but I believe he's slipping up there a bit. We know the CCP has been cooking up their economy for decades. Why nothing is done about them you say, especially the relentless currency manipulation? Because corporations with powerful lobbyists told Uncle Sam to back off or no pie for you.
That's because it's the same materials rebranded. You see, China US playing smart here. The country is out making deals such as securing strategic ports in other countries in exchange for financial support. Therefore shipping companies must pay China a fee and the money keeps flowing. The only way to crash their economy is decoupling, which US companies are hesitating to do because...money flow. Even Trump can't do much. The next Democrat gets in office, it's back to as is. Democrats, like Second and Third World leaders, cannot resist Chinese cash.Things change
In the 1990s and till 2020 the CCP wisely allowed private enterprise on a massive scale
That has been reigned in precisely because it threatened the power of the communist party
But why should I bother begging libs to listen to the smartest investor on their side?
If you wont listen to him you certainly wont listen to me
I think having you on the one hand praising china and its bright future, or a self-made billionaire who is hailed as one of the richest men on Wall St warning me China is due for a fall, I will respect his opinion over yoursThat's because it's the same materials rebranded. You see, China US playing smart here. The country is out making deals such as securing strategic ports in other countries in exchange for financial support. Therefore shipping companies must pay China a fee and the money keeps flowing. The only way to crash their economy is decoupling, which US companies are hesitating to do because...money flow. Even Trump can't do much. The next Democrat gets in office, it's back to as is. Democrats, like Second and Third World leaders, cannot resist Chinese cash.