The new definition of what is seen as good economic growth is like rediscovering gravity standing on its head. The American economy achieved a 1% growth and this is called rock solid. Oops, oops, Biden claimed that it was closer to 3%. Caveat, he is having dementia, so take his words with a big pinch of salt. He is telling his own truth with the election around the corner. And to make the American economy even more solid, it is accompanied by a 7% inflation rate. Not sure how true is this number, but be sure the Americans never lie. Ignore what Pompeo said about 'We lie, we cheat, we steal'. He forgot to add, 'We bomb and we kill'.
Apologies, I got carried away with Pompeo. In the Americans' new definition on economic growth, anything 1% or lesser is excellent. So many American crony states and the poor states in EU are doing real fine and can pat themselves on their back to declare proudly that their economies are doing fine, with 1% GDP growth or less. Just follow the Americans and you will always look good even when you are down and out.
And who is down according to this new American version of economic growth? Russia, and of course China. China's economy is collapsing and beyond repair. At 5.2% growth in a US$18 trillion economy is called bad. All the media of America and American crony states, and their unthinking reporters, are repeating the same narrative as gospel truth. It is the end of the Chinese miracle. China would never catch up with the American economy. The American economy would remain as number one, forever, no more fear of China. Someone said, when China's economy is collapsing, the Americans did not have to do anything against China. China will just be history without the Americans having to start another war. No need for more sanctions and trade wars.
And the Chinese leaders are all incompetent, battling corruption and power struggle. The housing industry has collapsed, the Americans are winning the chip war, the EV war, the 5G war with 6G coming. The Chinese are cowering in fear. And the Americans are going to the moon 'again', to be ahead of the Chinese. To prove this, the Americans had just landed a rover on the moon, on its side! Oops, still working fine, still can send messages back to earth, battery still working. Bet the Chinese cannot beat such a feat. There are at least 4 Chinese rovers running around on the moon, but all unable to do what the Americans had done, landing on their sides.
The fake Chinese by the name of Gordan Chang must be celebrating. 'I told you so, in 2000, that China would collapse'. And look at Xi, unable to come up with good ideas to raise the GDP to 9 or 10% like before. Trump or Biden would definitely do better, more solid growth of 1% or less on the way.
MAGA! 1% growth is great for the economy! 5% is bad! Repeat after me, bananas.
PS. Britain, Germany and Japan are already in recession. The fake economy of the USA which Biden claimed to have grown 3% is likely to be in recession as well. When Germany is in recession, how many EU countries would also be in the same predicament? And the western media demonised China's 5% GDP growth as ailing economy! How many western countries would be blowing their trumpets if they could achieve a 3% growth?
10 comments:
Good morning Mr RB And All
https://www.youtube.com/live/paUDutM68c8?si=L9MX4gHFqK7zi1TZ
Have to see this full video by Alex of Reporterfy Media staying in Chongjin China and Scott Ritter of the foolishness and idiotic mentalities of the Americunts and the Euro Nuts.
Of the Supreme Administration of China's Leaders and I'm comparisons to the so called Bullshits Free World's DemoCRAZY one.
China's phenomenon growth as compared to the West with point blank direct comments that hits on the heads of the Imbeciles.
The US GDP grew by approximately $1.4 trillion during the first quarter of 2024.
But during the same period, the US national debt increased by US$1.7 trillion.
The US GDP growth in 1Q 2024 is less than the US debt increase!
US collapse is coming soon !! Sell the dollar! Sell US Treasuries !
https://youtu.be/4Qz7jVbXfEo?si=rFNqxjlMqsV6B4H-
Bank Failures will start soon, Admits Fed Chair Powell to US Congress.
It's like an alcoholic telling everyone he's not drunk, when he's legless on the floor. That's the sickest country on earth for you.
I guess sillypore papies are smarter than the americunt & cheena, why? because when our gdp hit over 1.5%, our ministar will be entitle to huge bonus. our gdp had never drop below 1.5% since papies in power. if there is any sign of gdp dropping, just get shit time to report otherwise or import more ceca..haha
China is not following the script of the USA and the West. China is doing what is best for the people and country, even at the expense of lower economic growth. That is something that the USA and the West are really sore about.
Xi already wanted to tone down the massive property speculation craze, warning that houses are for living in and not for speculation like the stock market. That warning makes investors from the West nervous. China is not going to follow the Western script of runaway speculation that benefits the top 1% of USA elites, of which those in the ruling elites are part of.
Let them keep believing in their own lies. And I believe they are really falling for their own lies. Kicking the can further down the road is not solving anything, as the can is still lying further ahead. It is just a matter of time.
They can keep fooling their own people by dumbing them and keeping them ignorant of what is happening, especially in China. But the world at large is not waiting for them to become knowledgeable about events happening.
If you watch Youtube videos of Western visitors attracted by and being astounded by China's development and infrastructures during their actual visits, you will realize that more and more people of the West are getting educated by reality versus the lies cooked up by the Western MSM. Even Africans and Middle Eastern visitors to China are no less astounded. And the realization is growing. What the West had for decades been badmouthing China's real position is growing thin and ineffective. Even in areas of curtailment of freedom of movement horror stories in China falls flat in reality if you listen to what those visitors on social media are saying.
Trust me, if Trump wins in 2024, Russiagate will resurface. If Biden wins (through hitting below the belt), Chinagate is next to surface. The whole USA election needs bogeymen to carry the vote. Now already dragging China into issues pertaining to the election in 2024. Only in USA that domestic issues are just isolated matters. Keep watching the clown show.
https://www.channelnewsasia.com/asia/tiktok-ban-vote-bill-china-us-logic-bandit-not-fair-bytedance-4194821
Bandits?
Worse than Bandits!
Scums of the Earth
Banning TikTok is just the beginning. Once they succeeded, the Americans would get their European allies and crony states to also ban TikTok, just like they sanctioned Russia and banned Huawei. Many European states had to disengage with Huawei and paying huge compensation to Huawei. And some silly crony states were coerced not to use Huawei's 5G, instead had to make do with half baked 4G from Ericsson and Nokia.
The end results, many Global South countries are now enjoying 5G technology while the Americans, Europeans and American cronies are still stuck with 4G.
Let's watch and see which American crony state would be the first to ban TikTok under the coercion of the Americans but turn around to accuse China of coercion.
Hi Anon 9.40
Had a Hotlink Maxis Sim card and they even had 5G services.
Free latched on but think only useful in Matland.
Sinking Land using Erick Sons and Noh Kias that don't even have their mobile phones in production's.
What's a joke. What's you expect from Free Tickets Gian Png ex Communications Minister?
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