Wednesday, May 31, 2023
The world according to me.
Tuesday, May 30, 2023
Suns out. Funs out.
Friday, May 26, 2023
Friday, May 19, 2023
Tuesday, May 16, 2023
Buckle up buttercups.
Friday, May 12, 2023
Just because it made me laugh.
Monday, May 01, 2023
Wednesday, April 19, 2023
It's totally normal for companies to operate this way.
Wednesday, April 12, 2023
Sunday, April 09, 2023
Saturday, April 08, 2023
Friday, April 07, 2023
This is some real Democrat shit.
The Republicans (for which I mostly vote) are in the craziest echo chamber right now. And they don't even realise it.
What does this party even stand for anymore? Right now it's just the pedo and abortion party.
B--F-D.
All of this makes me laugh because it's pretty clear this is mostly dummies and finance dudes that want the US to burn. It's a very popular thing right now. You can tell because they completely ignore the structural issues China is having. If they are even aware. They also seem to ignore that China fucks with its money more than we do.
Let them trade in the Yuan! I'm going to show you why ~I~ think this way.
#1. The China Belt and Road loans are severely underwater. They are talking about complete forgiveness for Africa.
https://t.co/PmPT9PNLal “Economists at the World Bank estimate that now some 60 percent of all BRI loans involve countries in financial distress. Loans in Africa look especially shaky.” @zekelondon @SpecialSitsBoss
— Mickey (@MickeyParx) April 6, 2023
#2. Just because China's economy is open, doesn't mean it's in a recovery. Companies are leaving China in droves! Shopping malls are closing. I'm actually getting a little concerned about the relatively new middle class in China because it is very hard to find a job. India is going to be the #3 economy, and China moves down.
This Shanghai shopping center is empty, there is no one around, and most of the shops closed their doors on April 2#China #Shanghai #ShoppingCenter pic.twitter.com/I4zMRsBOhK
— Spotlight on China (@spotlightoncn) April 6, 2023
The road that was busy with shopping in Guangzhou is now, completely closed on April 4#China #Guangzhou #EconomicDownturn pic.twitter.com/i4IgJw9W1F
— Spotlight on China (@spotlightoncn) April 6, 2023
#3. Closed companies have not paid workers. This has been going on for months. Property has also been in trouble for at least a year since Evergrand collapsed.
Henan rural bank depositors protest to defend their rights
— Spotlight on China (@spotlightoncn) April 6, 2023
On April 2, hundreds of bank customers once again gathered at Henan Xinzheng Rural Commercial Bank, Zhengzhou Xinzheng People's Bank, and Zhengzhou's flyovers. They held banners asking to recover the money they still… pic.twitter.com/vlr3PUVNeD
During the last part of Sunac China's project in Dali. Sunac China took 200 million yuan and fled, the owner protested, the police came out to suppress they in Yunnan on April 2#China #Yunnan #Protest pic.twitter.com/3psNcjSR1x
— Spotlight on China (@spotlightoncn) April 6, 2023
As you can see. China is not in a position of power right now. And neither is Russia. Let those losers trade in China's currency. As late as March 2023, China was enacting capitol controls!
Keep your pets safe folks.
Cat in Wyoming tests positive for H5N1 bird flu, first such case in the U.S. https://t.co/rrSRp1uSbE
— BNO News (@BNOFeed) April 7, 2023
I wasn't going to post this, but it's not fair that some really uneducated people try to stop others from informing the public. And there must be some people who read my blog that aren't completely out of touch of reality.
Dog in Canada dies of H5N1 bird flu https://t.co/jIEYO1uTFo
— BNO News (@BNOFeed) April 4, 2023
Thursday, April 06, 2023
It's a complete mystery.
US worker productivity has witnessed a year-over-year decline in each of the last four quarters. What's going on? pic.twitter.com/J2new6IOuK
— Jeff Weniger (@JeffWeniger) April 5, 2023
Labor issues are a huge part of inflation. Wages and low production levels make inflation hotter. But as long as they are Democrats - fuck em right? Said in the most sarcastic way.
As long as there is too much money chasing too few products and services (because there are not enough healthy people to make those products) inflation is going to run hot.
Inflation would have been transitory if a large portion of people didn't decide that portions of other people should die because of their political party.
You've made your bed. This is the price you pay for not believing in reality.
Tuesday, April 04, 2023
This is what caused the bank runs.
The "Bank Walk" continues. Bank deposits now down 4.1%.
— Jeff Weniger (@JeffWeniger) April 3, 2023
This is your sibling, your neighbor, people with money sitting in a bank account, each at their own pace deciding they're sick of earning 0%. Each day, someone new, moving their money out of 0% and into 4% T-Bills. pic.twitter.com/OGbS1FHqU0
I have to admit, I didn't really think very deeply about the rising interest rates in regards to capital flight. As everyone who reads this blog knows, I focus on housing because housing touches everyone. Most people don't have enough money to care about savings interest. And it's been so long time since interest rates were this high. Most of us have never gotten a chance on the good side of the interest rate hike train.
I haven't really moved any money yet because I have a good credit union paying me 3.10 in interest. I have been saving for land the entire pandemic and am earning some pretty decent interest there..
With interest rates this high, people will be motivated to move. Big banks pay nothing in interest. So people are moving their funds to money markets. Which honestly I hadn't heard about since i was a kid. But all of us are waking up it it now.
A few months ago Mr S. told me that when he was a kid he thought all you had to do was make a million bucks. Then you could live off the interest.
But I thought this time was different.
It's going to be the softest landing.
Said in the most sarcastic way. Like a pillow pressing down on your face and suffocating you. Because things always get better after the holidays. AMIRIGHT?Nearly 10 thousand people left Shenzhen and a large number of factories relocated or closed down in March#China #Shenzhen #Factory pic.twitter.com/j8fACx52zw
— Spotlight on China (@spotlightoncn) April 3, 2023
Manufacturing orders from China down 40% in demand collapse @CNBC https://t.co/9m5wV8rII6
— Angela Mendez Attebury (@Angiequa) April 4, 2023
As the world burns.
Where are all my bird flu is a fake plandemic people? Because certain parts of the world are spiraling out of control. They are not even picking up the dead animals in Chile.Local fisherman in #Arica, #Chile, films sea lion carcasses floating in the harbour, likely dead from #H5N1 highly pathogenic avian #influenza. #vogelgriep https://t.co/CjkaRuwn3r
— Thijs Kuiken (@thijskuiken) April 2, 2023
Chili
— Tara Author (@auteur_tara) April 4, 2023
video by @ClaudioAzat
shared by @thijskuiken #ClimateChange, #pollution, #elnino, #H5N1 @lodenaken pic.twitter.com/k6Bovai3cX
Monday, April 03, 2023
If people only knew how stupid they sounded.
I was standing in a line a week ago or so. The guy behind me was on his cellphone bitching about something. It must have been a bank because he says the following thing - "Fucking banks making money off your money."
In my head I was like - This is literally the definition of a bank.
I think I'm going to start doing a series on poor people logic. Because it's basically everywhere right now.
This is not sustainable.
"Federal Reserve chair Jerome Powell struck a particularly somber note at his press conference earlier this week when he mentioned that one reason the labor market is so tight right now is that many workers died from COVID-19.
The big picture: Economists have theorized for a while about the impact of COVID deaths on the labor market. Now, research has started to emerge and key public figures like Powell are starting to talk about it explicitly.
"Close to a half a million who would have been working ... died from COVID," Powell said while talking about the U.S. labor shortage. Go deeper: In a footnote to a speech he gave on Nov. 30, Powell estimates that 400,000 working-age Americans died in excess of what was anticipated pre-pandemic."