/biz/ - Business & Finance

>>9107747
Ask yourself why they dont let their currency float

Nice of the Aussies to take a break from theft long enough to write this bollocks

GDP is a meme. Someone dies? Great news! GDP is up the value of your funeral. Ergo, killing everyone grows the economy. Fantastic!! /s

>>9107747
the chinks have won

>>9107747
>recent Australian government report
I guarantee you that shit was written before China's economy started to slow a couple years ago.

>>9107747

Looks like that report didn't factor in Trump making America great again

Kek China public debt
(US$ 4.3 trillion), equivalent to about 41% of GDP.

American
Gross national debt of $18.96 trillion, 104% of the GDP.

It's amazing when you think about it, within 20 years they will beat the US economy, have less debt and control the US by al the debt they financed. They did this in 50 years.

>>9108397
Because it's a phony world economy.

>>9108397
Jokes on China by that time we’ll be full of mud people and won’t ever pay them back

>>9107747
学习中文。

the chinks basically own Australia at this point. i'm not looking forward to our chink overlords desu, they're a bit fucking weird

>>9107747
GDP=/=Standard of living. China has no self respect. They're the cucks sweating their life away for pennies on the dollar. And we reap all of the benefits by enjoying the fruits of their labor for pennies on the dollar.

As long as Americans are free to chase their dreams, as silly or counter productive they may be and China determines what dreams it's citizens are allowed to chase, America will be all the wealthier.

>>9108397
You're only worth what you owe. Ask Thomas Jefferson and his family of slaves.

They said the same thing about Japan too. Then Mexico.

Although America is more and more shit by the day you're retarded if you think China can sustain that type of growth.

They do own all the Bitcoin though so they'll probably win in the end anyways.

>>9107747
>a recent Australian government report estimates that by 2030, the Chinese economy will be worth $42 trillion versus $24 trillion for the United States — in other words, in less than 15 years’ time China’s economy could be almost double the size of America’s.

But Greece should 10x in that time...

Fuck even world economies are shitcoins

>>9107770
Why doesn't America.

>>9107747

Australian government trying to justify selling their entire country to the chinks.

>>9108697
The shittiest of shitcoins. Tether pumps don't have shit on Fed fuckery.

Of course they will. China is one of the only countries (maybe the only country) in the world that is currently an imperialist and colonialist nation. The West will wake up in the next few decades as a patchwork of warring city-states with no ability to project power outside their AOE.

>>9108534
>Jokes on China by that time we’ll be full of mud people and won’t ever pay them back

kek

seriously though, China's "one child policy" is actually a eugenics program that ensures mostly higher IQ individuals from good families are able to reproduce. They knew having only 1 child leads to a higher male to female ratio which leads to females having their choice of the best males. China doesn't have any racial stigma attached to eugenics like we do here in the west.

They are quietly evolving upward as an entire race by design, meanwhile here in the west we are actually going backwards by encouraging race mixing with negroes, and having a welfare system that encourages low-IQ poor people having many children, while high IQ people have few or none.

tldr; the USA is doomed.

>live in an age where humans actually create capitol rather than cost it
>wonder why the largest nation on earth per capita is rapidly outpacing every other nation

must be (((them))) am i right my /pol/ brothers?

Any way we can help Japan get its economy back on track or was their boom period just due to global economic conditions + their monetary policy lowering the interest rate? I like Japan more than China.
t. weeb

>>9107747
What is with all the posts about chinks lately?

>>9107747
Just brought 100k neos

>>9108780
Yea that’s exactly why they are allowed two babies there now. Please study some more 2005 statistics when making a claim.

Is there any way to use this to get the US to sell PNW to Japan???
I want our introvert subculture to be preserved and for cali-shits to leave.

>>9108999
Can't blame us "cali-shits" for being priced-out of our homes by the Chinese. The PNW is the closest affordable place, so obviously we're moving there.

>>9107747
Double the GDP...but barely any spending power since it will be spread across ten times as many people. All of which are basically going to be eking (Peking?) out a shitty existence under the iron boot of their authoritarian government.

>>9107852

You're welcome. Now give us your fucking money cunt or I'll glass ya

>>9108945
I get hes wrong, but do you have to be so fucking mean? The post was somewhat well thought out. No?

>>9108780
true
would like to see some liberals progressive idiot reaction on that post
'' shes sick sam.''
the whole west is sick committing self genocide by allowing all this cancer in

>>9107747
Er...invest in particulate filter mask companies?

>>9107747
>how can we profit from this
buy into the chink platforms

>>9108780
>he thinks the one child policy is still in effect

Hello? Is this 1999?

>>9109589
>Hello? Is this 1999?

Yea, i'm aware they allow 2 children instead of one. That doesn't change the fact that most couples will still prefer to have 2 male children. It also doesn't change the fact that the "one child policy" was in effect for decades, and that the male to female ratio will remain uneven by design.

>>9107852
Or build sprawling ghost cities and POW were rich boios

>>9107747

by buying Tron faggot

>>9108800

>>9107747
Time to go all in

>>9109589
>>9109649

It also doesn't change the fact the people reproducing the most in the US look like pic related

Meanwhile in China, the only way you are able to get married and have a kid is if you are able to rise to the top of their grueling educational system, and get a good job to be able to afford a condo as no girl will marry a guy without a good job and a house.

In the USA we have to dumb down our schools for blacks, meanwhile in China you have students literally jumping out of windows and killing themselves because their score wasn't high enough on the Gaokao.

>>9107747
>How do we profit from this?
Buy Apex.

>>9109649
The ratio isn't as uneven as you think. In most cases they didn't slaughter their female babies, just didn't report them.

>>9107747
>How do we profit from this??
Start making kneepads in America? You have no idea how long I spent finding that pic, obviously not many manufactures... I think the demand in America is about to skyrocket, i am thinkin if you were to set up a manufacturing and distribution centre, imagine! You will be rolling in the Yuan

I'm old enough to remember when Russia's gdp was expected to surpass usa by y2k.
Also China fudges numbers in their favour, that's no secret.

>>9108780
> still thinks the one child policy hasn’t changed
> tried to sound smart but he dumb

/pol/ ladies and gentleman

You only have to walk down the street in Sydney city to see that their governement has allowed them to flood the streets and invest in Australia. Soon we will be Australchina. Have a look at Sydney and compare to Toronto/Vancouver/San Francisco and see how with influx of Chinese investment comes insanely high prices on real estate effectively pricing out the locals. China own a shit load of mines and farms (cattle and produce). Its not uncommon to find a chinese single male who owns 5+ houses each worth 1-2mil in Australia doing worthless university courses to stay as the proxy in Australia.
What in the actual fuck is going on..

>>9109976

I never said it hasn't changed you imbecile:

>>9109649
>>9109847

The fact that they recently changed the policy doesn't change the fact that it was already implemented for decades. Try to keep up with the conversation, brainlet.

>>9108800
Why was our economy nerfed with bad trade deals? Why do we spend billions on programs like Head Start when we know they don't work? Someone asked Obama and he said we do it for (((Social Justice))). And lets for forget all of the money we just shovel to Israel. We give them about $5k per capita per year. We should cut them loose.

I unironically hope Trump goes full Pinochet/Suharto. Kill the commies and we will have an economic miracle.

What will it be like when China rules the world?

>>9108780
How can China ever be superior with their dark skin? God damn you don't even abide by your own constructions. Kill yourself faggot.

>>9107747
You get an index fund that invest in Asia, the Pacific Rim, or a country more broadly, like the IDX fund for indonesia.

>>9107747

how the fuck are all you tards not realising this sooner. its been obvious this is in the process of happening since late 2000s.

I started learning Mandarin around that time and almost fluent now in preparation.

>>9108711
The USD is the official world reserve currency, do you know what that means?

>>9109699
those ghost cities get filled after a decade with very few exceptions.

>>9110917

not for long pal. the entire infrastructure that has been ensuring this is getting weaker by the minute. USA has started entering desperation territory, their previous tactics to keep this rule aren't working anymore.

>>9110951
https://deep-throat-ipo.blogspot.ie/2018/04/the-new-phone-books-herethe-new-phone.html
The red paragraphs are summaries

>>9111056
>https://deep-throat-ipo.blogspot.ie/2018/04/the-new-phone-books-herethe-new-phone.html


read that before, its pretty much spot on what i think, but i learned some new stuff there.

Once you know, the bigger picture everything becomes so clear and desperation is visible from the USA. I think a major blow this year was when China announced they will begin trading oil with renminbi. notice how there were trade tariff changes literally the following days? its hilariously obvious.

>>9111096
Huh? M8 the implication there is that the chinese economy is a massive fraud that will crash to the ground. How are you concluding the opposite!?

>>9111129

Because this is going to go on either long enough for it not to matter anymore (IE growth stimulated, contingencies completed) or the USA will go bust and pop first.

>>9108397
>not including private debt(which is really state debt because they're are all government run corporations)

lmao China has more debt than most western nations

>>9110787
> He dosen't know that chinks are really racist and won't let white faggots be intergrated in their culture when they become the dominant superpower.

>>9109847
>It also doesn't change the fact the people reproducing the most in the US look like pic related

This is wrong though

wow almost as different nations take turns being the world's dominant superpower like it has been for the last 3000 years of human history

>>9108534
top kek

let me paint a scenario for everyone

in 2020, businesses and enterprises will start trading and doing business with digitized assets on the NEO network, which has become decentralized. by 2030, all fortune 500 top companies do business on the NEO platform, with the price of NEO and GAS having skyrocketed to ridiculous prices that the average investor can't even buy 1

>>9108397
Do you not understand that if we pay china back their economy will crash...in sry your poor countries education system is broken and brainwash you

>>9110917
>The USD is the official world reserve currency
HAHAHAHAHA

Keep it classic, /biz/.

>>9108688
Tell Ling and Chang about how great American standards of living are when they steamroll you with tanks.

>>9113148
https://en.wikipedia.org/wiki/File:Global_Reserve_Currencies.png