Unprecedented economic and geopolitical changes since COVID19

[sygn]

Besides the deaths and dramatic lockdowns and border closures,
the virus also brought with it dramatic economic/geopolitical changes
which would have been unfathomable 4 months ago, or which normally would take decades.


I read fascinating accounts in this forum:
--about the natural & engineered changes in the geopolitics of oil / the dollar-yuen fight
-- How most governments now have to bail out national airlines
(will they be faced with bailing out private ones, at our expense, and if so, will it be for our own good or another "too big to fail" ruse?)


and now this:

Before Covid19, most of the stocks and stakes in investment projects at "Technology and Chemicals" production plants were owned by European and American investors ..!

This means that more than half of the profits from the light and heavy technological and chemical industries went to the hands of foreign investors, not to the Chinese treasury, which led to a decline in the Chinese currency, the yuan,

....(since the virus)....

have led to a sharp drop in the purchase prices of shares of technology companies in China, and the empires of “foreign” investors have raced to offer investment shares for sale at very low prices, and with attractive offers, "Never seen before" in history ..!

The Chinese government waited for foreign share prices to reach their "almost free" minimums, and then issued an order to purchase them. And bought the shares of Americans and Europeans ..!

the Chinese government, which in this process nationalized most of the foreign companies erected on its soil in a near-free manner, without causing a political crisis or a single shot.

I took out greatlover's personal views, to make it less biased.

What do the usual posters think about what he wrote?

 

[sygn]

I honestly haven't started this seemingly superfluous thread for "attention whoring" (this time)

But most relevant threads have morphed into pro/anti- Trump fights,
and the rest have different themes.

 

[HisArpy]

I honestly haven't started this seemingly superfluous thread for "attention whoring" (this time)

But most relevant threads have morphed into pro/anti- Trump fights,
and the rest have different themes.

China always "owned" those factories. They just "allowed westerners" to build and finance them.

There is no sinecure in Socialist nations. The government owns all and can seize your private assets at any time AND put you in prison for the horrific crime of having those assets.

What's different here is that the way this is being presented for public consumption has changed. Gone is the screed about the tyrannical Chinese Government. In it's place is new narrative about the gentle hand of worldliness and progress. And the gullible lap it up.

 

[sygn]

Interesting article about the kind of change that pandemics bring to societies in general and what we might expect from this one:

Things won't go back to normal
by Hugo Gurdon
March 19, 2020 09:36 AM

Today’s pandemic will also bring comparably significant changes, accelerating some existing trends and ending or reversing others.

Many businesses will find that things run pretty smoothly with staff working at home, and they’ll decide they don’t need expensive office space downtown. The New Yorker magazine ran a cartoon on Monday in which a man in pajamas and slippers sits at home working on his computer and suddenly realizes, “My God … those meetings really could all have been emails.”

Many a true word is spoken in jest. I await signs that commercial real estate stocks sink further than other indices and don’t recover. The trend toward telecommuting had already begun, but surely COVID-19 will accelerate it. Likewise, online shopping and home delivery of everything from family meals to bachelor’s degrees.

What else?

National borders can be expected to harden where, for decades, they had become increasingly porous. Nations facing contagion from abroad sealed or semi-sealed their borders. This, I suspect, was not simply health quarantining but animated by a turning inward, a desire or instinct for national identity.

Governments that recently fostered the idea that their citizens were Europeans rather than members of distinct nationalities drew a line around the people who knew they were indeed a people. Italians in lockdown didn’t sing the EU anthem on their balconies; they sang patriotic songs about Italy. For worse and for better, this pandemic will stoke suspicion of foreign peoples and lands and will give extra force to increasingly persuasive arguments that nation-states are the most effective bulwarks against arrogant encroachments on self-government.

COVID-19 will also change the way we regard China, which since the Clinton presidency has been treated less as a strategic rival than as a trading partner. Now we will see it as a tyranny responsible for a scourge laying waste to our economy, jobs, wealth, and well-being. We will be less tempted to subordinate recognition of its malignancy to wishful thinking and commercial desire.

Much more here:

https://www.washingtonexaminer.com/opinion/after-coronavirus-things-wont-go-back-to-normal

Governments that recently fostered the idea that their citizens were Europeans rather than members of distinct nationalities drew a line around the people who knew they were indeed a people. Italians in lockdown didn’t sing the EU anthem on their balconies; they sang patriotic songs about Italy. For worse and for better, this pandemic will stoke suspicion of foreign peoples and lands and will give extra force to increasingly persuasive arguments that nation-states are the most effective bulwarks against arrogant encroachments on self-government.

I see the opposite happening:

Whereas EU fostered the opposite of what they intended/ or claimed: a split between Western Europe (Italy included) and Eastern Europe (Greece included)
What I've seen online lately, was people from all corners of Europe exchanging info and suppprt.

It won't increase xenophobia against Chinese. But peoole might draw in their mind more clear demarcations between continents.

 

[sygn]

China always "owned" those factories. They just "allowed westerners" to build and finance them.

There is no sinecure in Socialist nations. The government owns all and can seize your private assets at any time AND put you in prison for the horrific crime of having those assets.

What's different here is that the way this is being presented for public consumption has changed. Gone is the screed about the tyrannical Chinese Government. In it's place is new narrative about the gentle hand of worldliness and progress. And the gullible lap it up.

Interesting one, how newspapers post fake news /subtle propaganda even when they inform us on true facts (here, about changes in ownership of shares).



But did the said facts (re change in shares ownership) happen?
LupusDei just posted a link in the other thread, about Russian misinformation propaganda.
Was he referring to greatlovers' post, or unrelated?

 

[sygn]

Looks like the two porn spammers ronmcc and golden are trying to burry all the GB threads (but theirs) again.

Why don't you two go out and fuck a real woman for a change?
Maybe we'll be lucky and you'll both catch corona.

 

[DeluxAuto]

Looks like the two porn spammers ronmcc and golden are trying to burry all the GB threads (but theirs) again.

Why don't you two go out and fuck a real woman for a change?
Maybe we'll be lucky and you'll both catch corona.

You seem upset

 

[Botanical11B]

I see the opposite happening:

Whereas EU fostered the opposite of what they intended/ or claimed: a split between Western Europe (Italy included) and Eastern Europe (Greece included)
What I've seen online lately, was people from all corners of Europe exchanging info and suppprt.

It won't increase xenophobia against Chinese. But peoole might draw in their mind more clear demarcations between continents.

Yea that has literally nothing to do with the open border dipshits on the left suddenly realizing there are practical reasons to have things like borders, customs and immigration control providing the service of providing some level of control over who/what comes into their country.

Now if they could just see the economic/resource distribution and the numerous other other social/societal reasons other than a pandemic for controlling who/what comes into the country as well maybe we could stop with the whole open borders stupidity the woke progressives have such a hard on for.

 

[DeluxAuto]

Yea that has literally nothing to do with the open border dipshits on the left suddenly realizing there are practical reasons to have things like borders, customs and immigration control providing the service of providing some level of control over who/what comes into their country.

Now if they could just see the economic/resource distribution and the numerous other other social/societal reasons other than a pandemic for controlling who/what comes into the country as well maybe we could stop with the whole open borders stupidity the woke progressives have such a hard on for.

Open borders had nothing to do with this and now the USA is one of the biggest exporters of the virus.

 

[Botanical11B]

Open borders had nothing to do with this

I didn't say it caused it.

I said borders are/would/could have been helpful in controlling and slowing it's spread.

and now the USA is one of the biggest exporters of the virus.

YAY OPEN BORDERS!!!

BRING MAOR IN!!!!! SEND MOAR OUT!!!

 

[DeluxAuto]

I didn't say it caused it.

I said borders are/would/could have been helpful in controlling and slowing it's spread.



YAY OPEN BORDERS!!!

BRING MAOR IN!!!!!

I didn't say you said it caused it. Fuck, you really are just a child pretending to be an adult.

 

[Rightguide]

I see the opposite happening:

Re European Union:
As everybody knows already, EU fostered the opposite of what they intended/ or claimed: it increased divisivenness between the two halves of Europe.
-- There are two Europes: Western Europe (Italy included) and Eastern Europe (Greece included) with separate histories and cultures, and more central countries more in between.
-- Some of EU's policies have fostered Western animosities towards Eastern Europe, which is seen as having benefitted economically at the expense of Western Europe.

What I've seen online since the outbreak, was a communal European spirit: people from all corners of Europe exchanging messages and suppprt.

It won't increase xenophobia or racism against Chinese, but it will delineate contnental borders even more in people's mind.

Fair enough. It will change attitudes against open borders in the US as well, as the sobering knowledge that over 2000 illegal Chinese nationals were caught trying to cross our southern border last year. Had they not been caught and any were infected with the virus, Lord only knows what may have been our national circumstance today.

 

[Rightguide]

Open borders had nothing to do with this and now the USA is one of the biggest exporters of the virus.

^^^

Repeats Communist Chinese propaganda.

 

[Botanical11B]

I didn't say you said it caused it.

So then why the knee jerk defense of the not having borders and controls???

Fuck, you really are just a child pretending to be an adult.

No, I'm just literate.

 

[Botanical11B]

^^^

Repeats Communist Chinese propaganda.

Neomaoist gotta toe the line or Woke-O Haram will put a jihad on him.

 

[RobDownSouth]

Open borders had nothing to do with this and now the USA is one of the biggest exporters of the virus.

"Open Borders" is his favorite ascription.
*nods*

 

[DeluxAuto]

"Open Borders" is his favorite ascription.
*nods*

It's lazy, like him.

 

[Fuzzy1975]

as the sobering knowledge that over 2000 illegal Chinese nationals were caught trying to cross our southern border last year

I'd like a link to that "statement of fact"

 

[Botanical11B]

"Open Borders" is his favorite ascription.
*nods*

It's not an ascription.

That's why you won't say you support customs (ICE) controlling who/what comes in the country and instead call them Gestapo, Nazis, white nationalist and fascist.

Can't have it both ways Rob, either you support controlling who/what comes into the USA (that means ICE) or you don't and that's open borders.

Which is it???

It's lazy, like him.

No, it's accurate.

That's why neither you nor Rob will come out and state your support for ICE/CBP controlling who/what comes into the USA.

Because then you'll be racist Nazi fascist white nationalist.

 

[Rightguide]

I'd like a link to that "statement of fact"

^^^
Lazy

See page 37:

https://www.cbp.gov/sites/default/f...tizenship and Sector (FY2007 - FY 2019)_1.pdf

 

[Rightguide]

Neomaoist gotta toe the line or Woke-O Haram will put a jihad on him.

lol

 

[RobDownSouth]

It's lazy, like him.

Nothing but false dilemma and ascription from him.
*nods*

 

[badbabysitter]

^^^
Lazy

See page 37:

https://www.cbp.gov/sites/default/f...tizenship and Sector (FY2007 - FY 2019)_1.pdf

You claimed over 2000


837 is not "over 2000"

 

[Rightguide]

You claimed over 2000


837 is not "over 2000"

Page 37 numb nuts, under the Southern Border section. The column is in yellow. The number is 2060.