A brief overview of the world economy.

Discussion in 'Political Opinions & Beliefs' started by Destroyer of illusions, Nov 25, 2023.

  1. Destroyer of illusions

    Destroyer of illusions Banned

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    Let me give you an approximate balance of power in the world economy. Not as propagandistic and pathetic as some Bloomberg, but realistic.

    So, the Chinese economy is growing by 6-6.5%. At the same time, the Western media is trying hard to write about "that's it, the collapse is beginning". but it's not starting.
    At the same time, the Chinese have beaten up the Americans on chips, and Intel is opening a plant in Poland (so don't be surprised if their processors will soon resemble toilet bowls).
    The Russian economy showed growth of 5.3% in the third quarter. The yearly total will be lower due to a weak start, but overall, the growth is not only there, but it is also much higher than forecasted.
    Again, the same Western media are crying that Russia sold $550 billion worth of oil alone. And, characteristically, now it does it directly, without intermediaries.
    And its own "shadow" fleet of tankers has grown to about 200-220 pieces, and it insures these shipments itself (whereas before it was done by the British Lloyd's, receiving money).
    Europe is down. In stagnation, in recession, in depression - take your pick, it anything will do. Industrial production is falling, factories are fleeing to China and Southeast Asia.
    And agriculture, as it turns out, can't do without fertilizer (guess who was the main supplier of fertilizer to Europe?).
    However, we can list Europe's problems for a long time - ethnic conflicts, religious conflicts, expensive energy resources, morons and puppets in the leadership....
    The situation in the United States is no better. Worn-out infrastructure, a large number of accidents, man-made disasters and blackouts. High inflation, prohibitive national debt, huge budget deficits, record loan debts and the threat of a new mortgage crisis.
    At the same time, an "opioid epidemic" (actually not just opiates) and a huge crime rate.
    And amidst all of this is the growing inter-party confrontation when a candidate from one of the parties wants to be jailed on the eve of the election on spurious grounds, and his many supporters are declared "extremists" and "domestic terrorists".
    Add to all this the simple fact (in fact, one of the fundamental facts for understanding all processes) that the EU and the US are promoting the "green agenda", while Russia and China continue to use efficient energy sources.
    Plus Russia has mastered fast neutron reactors, which will provide the Russians with reliable and cheap energy for several thousand years.
    Interesting fact: investments in hydrocarbon production this year amounted to about forty times more than in green energy. That is, everyone understands perfectly well what the future holds...

    Bottom line - One coalition is rapidly developing and actively introducing new technologies, while the second alliance has collapse and degradation (against the background of obvious dementia of its leader).
     
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  2. Derideo_Te

    Derideo_Te Well-Known Member

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    Got to wonder what the OP sources do for recreation because the SMOKE blowing off from that content sure smells funny! ;)

    How is the Kremlin Gremlin Doubles recruitment program going with all the able bodied Orcs being turned into ground beef in Ukraine instead? Gotta be slim pickings but maybe there is a prisoner in Siberia that they overlooked who is emaciated enough to pass?

    Here is something that the OP might consider studying about Economics 101. When your corporation is hemorrhaging paying customers and there is no alternative income source the short term outlook is bleak and the long term outlook includes the bare minimum of a CEO replacement.

    Reality matters!
     
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