Review Kiki @ I & U

[SPAfan2020]

China can't wipe its own fucking ass let alone bankrupt anyone

Hi, Swinehund, from your reply i can say you are financially and economically illiterate. Just check how much the US own China and the amount US bonds that China holds. Then you may suggest that China as the second economy had a lot of power on the global finance and economy.

Having said that Chinese labour market is heavily dependent on the US imports. This is huge Chinese economy's weakness. It estimated more than half billion Chinese farmers or residents from rural areas move to big manufacturing cites. So China also needs the global economy, especially the US market to prevent another peasants revolution in China. So this mutual needs from both the US and China keeps everything in balance.

However, the rapid expansion of AI and automation ( robotics) may affect this balance in favour of the US and other developed countries. Translation: when GM or Ford or Benz or Honda can use robots to manufacturer their products, the cheap labour in China and other Asian countries will be less attractive: Robots work 24 hours, they need no holidays or vacation, they not get tired or injured, they do not have families and most importantly their products' qualities will be the same ( no fatigue to affect the quality).

That's one of the reasons, Chinese smartly and heavily started to invest on the future economy: data economy.

 

[Social-Misfit]

Hi, Swinehund, from your reply i can say you are financially and economically illiterate. Just check how much the US own China and the amount US bonds that China holds. Then you may suggest that China as the second economy had a lot of power on the global finance and economy.

Having said that Chinese labour market is heavily dependent on the US imports. This is huge Chinese economy's weakness. It estimated more than half billion Chinese farmers or residents from rural areas move to big manufacturing cites. So China also needs the global economy, especially the US market to prevent another peasants revolution in China. So this mutual needs from both the US and China keeps everything in balance.

However, the rapid expansion of AI and automation ( robotics) may affect this balance in favour of the US and other developed countries. Translation: when GM or Ford or Benz or Honda can use robots to manufacturer their products, the cheap labour in China and other Asian countries will be less attractive: Robots work 24 hours, they need no holidays or vacation, they not get tired or injured, they do not have families and most importantly their products' qualities will be the same ( no fatigue to affect the quality).

That's one of the reasons, Chinese smartly and heavily started to invest on the future economy: data economy.

You are an uneducated moron buddy, I work in the financial markets, go back to school you have no clue about the "real" economy, if you'd like a lesson let me know

 

[LoinHeart Charley]

You are an uneducated moron buddy, I work in the financial markets, go back to school you have no clue about the "real" economy, if you'd like a lesson let me know

Well, I am so happy to meet above two spa economists. You guys study the world economy together with the massage attendants in the Asian spas. Good job.

 

[SPAfan2020]

You are an uneducated moron buddy, I work in the financial markets, go back to school you have no clue about the "real" economy, if you'd like a lesson let me know

You may claim to work financial market but your info about Chinese financial strengths shows that you may work as as a secretary or teller in a bank or something without depth knowledge about the global or even Canadian market. China is the second economy in the worlds even ahead of Germany and Japan. If anybody knows a little about business and finance can know the Chinese huge global influence.

 

[Social-Misfit]

Well, I am so happy to meet above two spa economists. You guys study the world economy together with the massage attendants in the Asian spas. Good job.

Bing wah ho dipshit

 

[Social-Misfit]

You may claim to work financial market but your info about Chinese financial strengths shows that you may work as as a secretary or teller in a bank or something without depth knowledge about the global or even Canadian market. China is the second economy in the worlds even ahead of Germany and Japan. If anybody knows a little about business and finance can know the Chinese huge global influence.

You claim to have a clue, far from the truth or reality, braindead amoeba

 

[JimiNY]

The rich are not affected yet. The comfortable ones that refinanced their homes to buy cottages are getting f’d.

Especially with the capital gains going from 50% to 66% on more than one property.
Maybe already mentioned