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Lepi Doptera
Bloomberg Television
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Comments by "Lepi Doptera" (@lepidoptera9337) on "China's Xi Warns of Impact of Interest-Rate U-Turns" video.
What does China care about interest rates in the US??? That makes zero sense, whatsoever.
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Who's that?
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Loans China has given to other countries were mostly loans to China. All the belt and road initiative loans went back into the pockets of Chinese companies. It's a hidden Chinese debt problem. On the other hand, at $6000 per capita China's internal loan problem seems manageable. I am not sure if that includes the loans of local governments, which seem to be higher and not covered by revenue.
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@Space Rock I don't see Elon Musk complaining about getting richer by ten billion dollars per month. ;-)
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@Space Rock I don't see the "little" middle class people that I know complaining much, either. COVID was generally good for middle class business. You are, of course, correct. It's good for you that your life sucked before and that it continues to suck... continuity is a good thing. ;-)
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@Space Rock Wow, you are very sensitive. :-)
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@Space Rock I totally got that you need attention. That is why I am giving it to you. ;-)
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@Space Rock I am still here for you, kid.
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Nobody knows why Xi does the things he does. Even his analysts fail to see a common theme or appreciable rational strategy. Personally I have come to the conclusion that we have entered another age of irrational politics similar to that before WW I. No matter where you look, Trump, Johnson, Putin, Xi, it's all men of questionable mental capacity. Putin used to be the most rational but something broke in the man. Maybe he got exposed to too much sun while riding bare chested. Xi is a Chinese career politician who only knows one thing: how to rise through the ranks. He never had a real program and Boris Johnson was always an empty gas bag on any level. He was mostly propelled by his hair, which is far superior to that of Theresa May. Trump, on the other hand, just proved that the fear of the Founders was well supported: the voter can not be trusted.
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There is no need for developing countries to pay back their debts. They usually just default in the end.
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That's not news.
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@juanramos8562 Americans will buy whatever Americans will buy. China has no influence over that. At most you are telling me that China's president Xi is clueless about the world economy. It can't be brow-beaten.
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@Eric-yf2nu Who does China owe this debt to??? ????
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@Eric-yf2nu So you can't even tell me who they owe this money to? Dude. That's lame. :-)
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@Eric-yf2nu Ah, it's "ever changing different parties". Very precise information, indeed. Or just plain bullshit. I will go with the latter. :-)
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@Eric-yf2nu I simply asked a question and you didn't have an answer. No need to feel sorry for yourself.
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Please leave the crazy at home. We don't need it over here.
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Oil going up is not inflation. That's supply and demand. It's good for the oil industry, anyway. They have been losing enough money. All that war talk is just your mind on drugs.
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