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GDP! GDP! Can’t you just feel the value!? (For shareholders).

Obama has been the most frustrating politician in my life. Tbh I am starting to wonder if his schtick is quite literally “I could have done more if I wasn’t black”.

(Guys this is why foie gras is so cheap in China 💀)

I wondered for years why western countries all retrenched their welfare regimes at the same time and in hindsight what I’ve had to conclude is when facing fiscal duress the political class chose to reengineer the economy for finance rather than reengineer finance for the economy.

The market values you based on how well you make money for it not how technically smart and capable you are. When the market decides your hard earned skills no longer matter to making money it will happily discard you like a used Kleenex.

Ahem

Lmao think everyone called it too soon. If there’s a stabilization trend in 2025 it’s looking to be very gradual. Will make a lot of finance folks miffed I imagine. But honestly I don’t think continue property price deflation is such a bad thing for the real economy long term.

What I’m on the lookout for is how much public housing enters into the discussion.

These are the kinds of new chemical processes that might become accessories to green energy based chemicals production. Glenn tphuang

Honestly might as well just call it now for US China war. The Pentagon likes calling China a “pacing threat”, but if China’s pace accelerates just as the US is backsliding how do people think this plays out? Where will the PLA be by the time the Pentagon plugs forthcoming gaps?

A bag of buns is the key to every northern man’s heart. (This is like the most northern Chinese dad energy I’ve ever seen)

Funniest thing about this fake urban war theater is if the ROCA retreated to urban encampments that’d mean the PLA won the beaches and fields which means they control the ports and farms and could just cut all roads into the cities to lay siege (WHICH IS REPLAY OF 1949 SHANGHAI).