Hong Kong
Joined June 2009
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Duh. The Axel Foley/Detroit Tigers colors are because KMT is blue and TPP is white.
@AngelicaOung @RossFeingold @Tracey_PayneAsi
One thing that is funny, and I don't know is intentional, but Taipei Mayor Chiang Wan-An and his campaign staff are wearing Axel Foley jackets. Don't think that Chiang is a Detroit Tigers fan so its intentional, but while I was
@AngelicaOung @RossFeingold @Tracey_PayneAsi
One thing that is funny, and I don't know is intentional, but Taipei Mayor Chiang Wan-An and his campaign staff are wearing Axel Foley jackets. Don't think that Chiang is a Detroit Tigers fan so its intentional, but while I was
@Tracey_PayneAsi @AngelicaOung @russfeingold
One thing about the Taipei mayoral race is that there just aren't that many polls so it is very possible that the "ocean current" is a mirage. This would not happen in Presidential races, because there are dozens of polls, and
particularly scandal, then you could point to that. Also I know people will want to say its KMT's China friendly policy, but all that stuff was (deliberately) done before election season and wouldn't explain a sudden rise. Arguing that a good economy, wouldn't explain a rise
Also this is going to be the point of attack by Chiang. He gave a rip roaring speech to kick off his campaign.
I am not going to change my personality to win an election. Chiang Wan'an is Chiang Wan'an!!!
So the attack is that Shen just can't be trusted.
Here in #Taiwan, yet another new example of how @DPPonline has repackaged @pumashen, its nominee for @TaipeiCity mayor.
In two prior years as a legislator, Shen was known for warning about the #China threat, harsh criticism of the @kuomintang, casual clothes, and unruly hair.
Look it's not that hard. If you have unused capacity you issue govt debt and then have the central bank buy that debt. I.e. you print money.
The hard part is the supply curve and not the demand curve. You want to create supply by heavy capital investment. Once you have supply (the hard part) you just print money. I have been trying to explain this to you for decades, but it just does not click.
Also Chinese stock markets are basically for gambling and not buy and hold. Chinese stocks are basically where they were in 1990's. If you want to understand the diffrence between China and the US, compare wages versus stock prices.
The key assumption of @Reuters here is that China’s stock market has anything to do with the broader economy. We all know that’s never the case.
China’s stock markets are dominated by retail (90%) and known for wild swings in either direction.
From July ‘25 to July ‘26 the STAR 50 Index surged 160%. That’s in one year. Yet, it wasn’t an indicator of the things taking place within China’s AI industry, which was advancing at each company’s pace.
A 40% decline from the highs only tells is that much of the air in the STAR 50 is already gone. And if this headline from Reuters now making the rounds in all major outlets is any indication, China’s markets may have already reached a bottom.
$KSTR $MCHI $KWEB $BABA $TCEHY $BIDU $KC $GDS
Look if you need people to buy goods, the solution is simple. Print money. You just airdrop money to people to buy the excess goods. Problem solved.
The problem is if you miscalculate which direction do things go.
China's problem is bigger than its property crisis.
For years, answer to everything seemed to be automate more, build more factories, produce more, and let robots replace the workers China is losing.
But there's one problem with this model WHO IS GOING TO BUY ALL THOSE GOODS?
Robots can produce 24/7
They can't consume anything.
With domestic demand struggling, China is becoming more reliant on exports to absorb its industrial overcapacity.
That means more cheap Chinese goods flooding markets around the world, from the United States and Europe to India and beyond.
As trade tensions grow more countries will push back with tariffs and other trade barriers.
China can't keep expanding production indefinitely if neither its own consumers nor foreign markets can absorb the output.
No. I need to pull out papers from the 1980's, but when the one child policy was instituted, they predicted pretty much *exactly* what would happen. The population would peak around 2020 and then rapidly go down in exactly the way that it has.
One thing about information bubbles is that I am aware of the problem, and I try to see outside my bubble. However, just pointing out that things look okay within my bubble is pretty useful. It turns out that the job market for Ph.D. astrophysicists in China is *MUCH*
better than the market for astrophysicists in the US. Okay not everyone is an astrophysicist, but that gives you one data point. Now it could be that only astrophysicists are doing great and everyone else is miserable.