Asian markets are bleeding.
RMB is at 7 month highs.
US recession fears seem to be triggering a flow of money into China.
Asian markets are bleeding.
RMB is at 7 month highs.
US recession fears seem to be triggering a flow of money into China.
Constraining exports is a way to artificially introduce oversupply.
All you're saying is that the US intentionally put Intel in a position of oversupplying the semiconductor industry... Which would be sort of funny if it didn't cost 15000 people their jobs.
So anyone want to tell me why Intel laying off 15% of their staff isn't an indication of how the CHIPS Act introduced state-sunsidized oversupply into the semiconductor industry?
No? American companies can't possibly contribute to oversupply? I see.
Meloni had the quickest image rehabilitation in a while
So, looking at China's GDP/capital growth rate relative to representative Asian economies, it seems like the construction glut was actually a net drawdown on GDP growth? Growth rates fell in 2011 and have only recovered in the 2021 era (coinciding with the rise and fall of China's real estate market).
This intuitively should make sense given how China imputes rent, but it's still surprising.
I hate how elections work in Canada man.
So Trudeau's been getting absolutely terrible poll numbers, but the Conservatives have basically no platform except "Trudeau bad pt. 7"...
But anyway, now that the Conservatives are gaining support federally against the Liberals, they're also gaining support provincially against the BC NDP (which by all accounts is doing a pretty great job at actually getting stuff done).
But of course, the provincial Conservatives used to be called the Liberals, but now they're the Conservatives because the provincial Liberal party imploded.
So anyway, now there's not terrible odds we'll get put under a Conservative provincial government because the federal government can't get their shit together.
I mean... Canadian education really isn't that great on global affairs lmao
His last ounce of resistance was to force them to DocuSign that shit lmao
Canada one was out of negligence, this one was out of willful ignorance.
Politics is about power and, well, how do you compete with the kind of power that can flip a country in an instant?
Bernie has no competence in foreign policy, but seems like it would be decent for domestic issues?
Ok but can we talk about how insane Pan Zhanle is?
Dude breaks his own 100m world record and gaps the rest of the field by a bodylength... Then a few days later, takes the 4x100m home by making up a 2m gap and then some... And in the process, does the whole leg in sub-46 seconds.
The guy is straight up 2-3% faster than everyone else. It's insane.
As for complaints about the pool being slow? Americans set new world records for the 1500m free and women's 4x100 medley, so that argument doesn't work anymore. Plus, the fastest recent 50m free is a 21.04, so it's not like it's impossible for someone to swim a sub-46 100m.
At this point the US should really consider planting some drugs on him because otherwise they're so fucked... This is as Chinese athletes are being tested as much as 7 times a day by WADA.