Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

This is the Most Terrifying Map in the World… Here’s What It Means for You and the USA
International Man ^ | 09/16/2021 | CHRIS MACINTOSH

Posted on 09/16/2021 8:47:42 PM PDT by SeekAndFind

If there ever was a time when you could see a trend solidly in motion, now is it.

That the Western, previously civilized world is in decline has been known to anyone with an ounce of curiosity and little analysis of data points.

Before Xi’s ascension to power one could have argued that this trend was worrying, but not terrifying.

What makes it terrifying is that Xi managed to abolish the two-term limit for his presidency with an overwhelming majority (2,959 to 2 and 3 abstaining votes - no prizes for guessing where those 5 guys are now).

He then proceeded to have his name enshrined in the constitution. Seriously.

You may recall Xi’s “anti-corruption” purge from a few years back.

Well, this was Xi’s own internal secret police, designed to kill (literally) any opposition from within the CCP (Chinese Communist Party).

Today’s China, or should I say CCP, is not the same CCP of Deng Xiaoping. Today’s CCP is an ideological global weapon of control, and it is spreading like a cancer.

Which brings me to…

To Tech, or Not to Tech?

Sometimes knowing where not to be is just as important as knowing where to be since all investments are a matter of opportunity costs and probabilities.

The implosion of Chinese tech continues.

One can argue as to what the particular catalyst for this selloff was. Certainly, the CCP going after Didi (China’s clone of Uber) hasn’t helped things, though this is peculiar to me. Because, when Jack Ma fell afoul of the CCP and disappeared (still yet to be seen) with Ant financial now a wholly owned subsidiary of the CCP, it was clear that Xi was implementing his three Cs: control, consolidate, continue.

It really is just nationalisation of resources with a carefully constructed veneer to pretend it really isn’t that at all. But that’s all it is — a veneer.

Truth is, much of the world works like this, including Putin’s Russia. China is moving towards controlling the key industry sectors (not that they didn’t have significant control before because they did) with less pretentiousness than before. Why?

The same reason they took Hong Kong. Because they could. And they could because the rest of the world is distracted, ironically by the Covid pantomime created by Fauci, Gates, Klaus, and their fellow technocrats.

All of this allows the CCP to do things they had not previously been able to do without repercussions, both politically and economically.

So now we have this gap between QQQ (US tech) and CQQQ (China tech), and the ratio between the two tech ETFs closed at another all-time low.

The Chinese tech regulatory issue has been going on for months, but the big question here is what is priced in.

What about the longer-term view? Is US tech any better?

US tech manipulates and owns the government whereas in China the government manipulates and owns China tech.

US investors have been buying up China tech as if it’s the same as US tech. Clearly it isn’t.

But the other question that is worth thinking about is what the US tech investors don’t know about the US tech? Do they still or should they still trust them to the extent that they do?

Well, you probably guessed my answer to that, but really what I think doesn’t matter because what the market thinks is what matters, at least for now.

Right now, the debate by the dolly birds on CNBC is around whether or not to buy these now cheaper Chinese tech stocks.

I would say a better question is if you can’t trust Chinese tech (and you clearly can’t), then pray tell, why would one trust US tech?

Do you chase US tech (like everybody else), puke Chinese tech (like everybody else), or start looking at the contrarian spread?

We are still a long way off buying China tech here as I don’t like putting out fires with my face… and that is what I think you’d be doing here. But buying US tech feels decidedly dicey as well.

So what do we do with all this?

We watch and see where these capital flows may go, and for now, we buy deep value.

* * *


TOPICS: Business/Economy; Politics; Society
KEYWORDS: china; technology; trade; usa
Navigation: use the links below to view more comments.
first 1-2021-32 next last

1 posted on 09/16/2021 8:47:42 PM PDT by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind
No, China Won't Lead the World
2 posted on 09/16/2021 8:51:35 PM PDT by SpaceBar
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Wonder how much of that is the ‘debt traps’ that the Chinese are famous for?


3 posted on 09/16/2021 8:51:41 PM PDT by qaz123
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

I never read articles that have in their headline: “Here’s what it means for you” or “Here’s what you need to know.”


4 posted on 09/16/2021 8:52:52 PM PDT by norcal joe
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Somewhere along the way some brainiac economist decided we didn’t need exports and the trade deficit didn’t matter. The FIRE economy was going to save us. Idiots. China is cleaning our clocks.

Our leaders could not be doing a better job destroying America if they tried. Oh wait, they are trying. Our decline and fall is intentional, caused by the New World Order and their lackeys, our enemies from within.

USA R.I.P.


5 posted on 09/16/2021 8:54:48 PM PDT by Freedom_Is_Not_Free (America -- July 4, 1776 to November 3, 2020 -- R.I.P.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: qaz123

Debt traps?

The entire Belt and Roads project is a debt trap.

The renminbi is a debt trap.

Evergrande is a debt trap.

What do you expect when the world revolves around Xi?


6 posted on 09/16/2021 8:57:30 PM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: All

WATCH: Year by year percent of Trade Exports By Country 1978-2020
China Made Big Gains in 2020
https://rumble.com/vklnk2-china-made-big-gains-in-2020-percent-of-trade-exports-by-country-1978-2020.html


7 posted on 09/16/2021 9:01:26 PM PDT by janetjanet998
[ Post Reply | Private Reply | To 2 | View Replies]

To: norcal joe

RE: I never read articles that have in their headline: “Here’s what it means for you” or “Here’s what you need to know.”

What’s wrong with headlines that have these words?


8 posted on 09/16/2021 9:02:55 PM PDT by SeekAndFind
[ Post Reply | Private Reply | To 4 | View Replies]

To: norcal joe

Here’s what you need to know about this annoying sort of headline. It’s is a relatively new development and has swept thru print and online media like wildfire. “Journalists” fancy themselves independent-minded and completely impartial. Of course nothing could be further from the truth. They follow their stylebooks — and fashion — slavishly. For example they are completely compliant with the trannie trend, going to great lengths to discover a subject’s “preferred pronouns” and then using them without fail.


9 posted on 09/16/2021 9:06:04 PM PDT by Blurb2350 (posted from my 1500-watt blow dryer)
[ Post Reply | Private Reply | To 4 | View Replies]

To: SeekAndFind

Electing Biden was a big mistake...


10 posted on 09/16/2021 9:06:50 PM PDT by GOPJ (Those who can make you believe absurdities, can make you commit atrocities. -- Voltaire)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GOPJ

RE: Electing Biden was a big mistake...

Did the American voters REALLY elect Biden?


11 posted on 09/16/2021 9:10:05 PM PDT by SeekAndFind
[ Post Reply | Private Reply | To 10 | View Replies]

To: SeekAndFind

No!


12 posted on 09/16/2021 9:15:29 PM PDT by White Lives Matter
[ Post Reply | Private Reply | To 11 | View Replies]

To: SeekAndFind
It's condescending. It implies they know what it means for me or what I need to know.
13 posted on 09/16/2021 9:17:40 PM PDT by norcal joe
[ Post Reply | Private Reply | To 8 | View Replies]

To: norcal joe

RE: It’s condescending. It implies they know what it means for me or what I need to know.

Well, a lot of editorials are condescending then even without the “Here’s what you need to know” phrase.


14 posted on 09/16/2021 9:21:08 PM PDT by SeekAndFind
[ Post Reply | Private Reply | To 13 | View Replies]

To: norcal joe

Here’s another media propaganda goodie: “Here’s why you should care.” The media loves to keep that one in their Social Engineering toolbelt.


15 posted on 09/16/2021 9:22:22 PM PDT by Viking2002 (Whatever.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: SeekAndFind
The same reason they took Hong Kong. Because they could. And they could because the rest of the world is distracted, ironically by the Covid pantomime ........

They took back Hong Kong because the treaty with UK expired in 1997. Nothing to do with Covid, years before it showed up !

16 posted on 09/16/2021 9:36:19 PM PDT by 1066AD
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
Ruh-Roh... 😲
17 posted on 09/16/2021 9:39:02 PM PDT by Pajamajan ( PRAY FOR OUR NATION. I will never b.e a peaceful slave in a new socialist America.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Tech is going down in China diliberately. Their unemployment rate is 20% and their premier said that they need more labor-intensive industries (without factory automation, robots). I believe Pol Pot tried this before...


18 posted on 09/16/2021 9:40:40 PM PDT by jimmygrace
[ Post Reply | Private Reply | To 1 | View Replies]

To: jimmygrace

RE: Their unemployment rate is 20%

That’s not what is being officially reported...


19 posted on 09/16/2021 9:42:02 PM PDT by SeekAndFind
[ Post Reply | Private Reply | To 18 | View Replies]

Today’s China, or should I say CCP, is not the same CCP of Deng Xiaoping …
Yes it is. Saying otherwise is to cling to the big lie we were told for the better part of five decades.
20 posted on 09/16/2021 10:21:10 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-32 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson