- chinky chink chank
- Posts: 4369
- Joined: Fri Jan 29, 2016 12:39 am
- Karma: 768
- Location: anywhere with cheap bonks
errmmm if i am not mistaken 401k are tied to the stock market and treasuries bonds, if treasuries bonds go down, it will affect 401k too, it will affect retirement funds thus affecting some paychecks of some the posters here, correct me if im wrong (im not well verse in US social security schemes)
- Posts: 2196
- Joined: Wed Jul 01, 2015 11:49 am
- Karma: 263
- Location: Sihanoukville
If the USD tanks it means you have less money and every one of you becomes poorer, right? Everything that isn't American, i.e. all that shit you buy off China, Mexico, Canada, Taiwan, Japan, Morocco, Thailand etc etc, basically everything in your house, the clothes on your back, suddenly becomes massively more expensive. All your borrowing becomes more expensive because you are now a tin-pot Trumpian shithole with Mickey Mouse money. Your economy shrinks and people lose their jobs and you still have decades to go to pay off those bills. Look at what happened to the Italians, it used to be them who made all the cheap tat and then the Chinese fucked them and their economy has been dead for nearly twenty years with no hope of recovery.
Oh yeah, and China has started selling oil futures in RMB, so don't expect fracking to save your asses. They buy all the oil.
TPP ring any bells? LOL
I love it when one states facts and some misguided zealot rates facts negatively.
Truth can be painful.
Great to make business here and Chinese people are amazing. No any other country have the amount of smart people than China.
Even more i enjoy now when rest of the world is crying about China even they have had all the opportunities to be smart, work hard.
--- frank lee bent ---
by theft of intellectual property and currency manipulationonce a lifetime opportunity to see close how new world leader becomes exactly that
With respect, please check USA history and what they have done. What gives USA the right to try to control the world?
Why China cannot take care of its citizens and do what is best for China?
Useless to complain, better prepare for new boss and start learning Mandarin.
China is friend, not the enemy. People just want to make money and take care of their families.
Something wrong with that?
--- frank lee bent ---
If they are so smart, then where are the new ideas coming from out of China? Where is the innovation? All I see are copycats studying successful Western companies and copying (or blatantly stealing) their products, designs and business models exactly with no new ideas whatsoever and often blocking those western companies from doing open business in China via strict government limits and controls.
No one blames the Chinese leaders for doing "what is best for China". It is to be expected. But stop bitching and whining when other countries finally start doing what is best for themselves again too.
yes, Sihanoukville being a prime exemplar.China is friend, not the enemy. People just want to make money and take care of their families.
ummm, your nationality is showing.Chinese people are amazing. No any other country have the amount of smart people than China
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