Chinas future

[CaptainMels]

You have to create a situation where they have to fight just to survive and or make ends meet. In this state, critical thinking is abandoned and all the resources are directed toward trying to create a better tomorrow. This is ironic because the less these individuals think, the worse the situation gets, so they are stuck in a never-ending loop of trying to engender a tomorrow that's better but they don't do anything to help create a better today. Why? They are too busy trying to make ends meet today and have no energy or will to examine what is going on around them due to their current plight. One of the key aspects of being a critical thinker is not to be in a state of anxiety or stress for prolonged periods. Prolonged stress not only destroys the ability to think critically it also increases one's odds of entering into a state of "learned helplessness"

In other words in trying to survive today or make ends meet, while hoping for a better tomorrow, they are in fact ensuring that nothing will ever improve. This has probably been the game plan of the PTB all along

This reminds me of a book I've read, Scarcity by Eldar Shafir. The author calls this way of thinking the "Scarcity" mindset. All thoughts of education, long term planning and higher thinking go out the window when your whole day revolves around putting food on the table. I've found the book to be a good supplement to the TI mindset.

[SOL]

You have to create a situation where they have to fight just to survive and or make ends meet. In this state, critical thinking is abandoned and all the resources are directed toward trying to create a better tomorrow. This is ironic because the less these individuals think, the worse the situation gets, so they are stuck in a never-ending loop of trying to engender a tomorrow that's better but they don't do anything to help create a better today. Why? They are too busy trying to make ends meet today and have no energy or will to examine what is going on around them due to their current plight. One of the key aspects of being a critical thinker is not to be in a state of anxiety or stress for prolonged periods. Prolonged stress not only destroys the ability to think critically it also increases one's odds of entering into a state of "learned helplessness"

In other words in trying to survive today or make ends meet, while hoping for a better tomorrow, they are in fact ensuring that nothing will ever improve. This has probably been the game plan of the PTB all along

This reminds me of a book I've read, Scarcity by Eldar Shafir. The author calls this way of thinking the "Scarcity" mindset. All thoughts of education, long term planning and higher thinking go out the window when your whole day revolves around putting food on the table. I've found the book to be a good supplement to the TI mindset.

Observing the contemporary landscape in the Western world, one cannot escape the proliferation of obstacles that hinder individuals from achieving financial stability, even when their combined income surpasses the 200K threshold. The escalating struggle begs the question: why the hardship?

While a portion of the blame can be attributed to the soaring cost of living, the primary antagonist lies in the insidious embrace of the "conspicuous consumption" paradigm. This trap dupes individuals into conflating wants with needs, leading them down a path where they expend resources on extra items. As the astute Vivienne Westwood once remarked, "Buy less, choose well, make it last."

The essence of this dilemma is succinctly captured in this statement: "People spend money on Rubbish they don’t need with money they don’t have to impress people they don’t really like, all in the hopes that they will blend in while bleeding profusely in the process.

Warren Buffett's insightful advice deserves consideration also: "Do not save what is left after spending, but spend what is left after saving."

Fostering the mindset mentioned earlier has essentially led to the creation of a new group of people who, in a way, function like modern-day slaves. They're not really following their own beliefs but are caught up in chasing after a beat that doesn't make much sense—something they've been told is the right way to go. It's like Plato's allegory of the cave, amplified to an unprecedented scale.

In this orchestrated march towards conformity, people unwittingly embrace roles as subservient participants, prisoners to a narrative they did not choose but were coerced into accepting as the righteous path. The paradox unfolds: marching to a drumbeat that defies logic simply because it has been heralded as the norm.

Attempting to extend a helping hand or awaken these individuals to alternative perspectives becomes a dangerous endeavour. Those who dare to challenge the status quo may find themselves facing the gallows—a stark consequence for disrupting the established order. As Aleksandr Solzhenitsyn astutely noted, "In order for men to do great evil, they must first believe they are doing good." Being trapped in a distorted reality perpetuates a cycle where well-intentioned actions are met with resistance.

One way to deal with this is to follow Maya Angelou's words: "You can't use up creativity. The more you use, the more you have." You can’t liberate another's mind, but you can undoubtedly set your own on the right track, ensuring it remains free and unbound from the virtual prisons established by influential entities into which the masses willingly enter. As the saying goes, "The most potent weapon in the hands of the oppressor is the mind of the oppressed."

There is a pervasive inception happening, leading the masses to believe that achieving monumental success is paramount, often at the expense of other crucial aspects of life such as freedom and health. The stock market serves as a prime illustration of this phenomenon.

The prevalent "hero to zero" mindset, where individuals aspire to achieve significant gains, is vividly evident, especially in the stock market. This pattern contributes to the market's pronounced oscillations, with dramatic surges and plunges. When the market corrects, the corrections are staggering, and during upswings, it reaches dizzying heights.

Upon closer examination, many participants in this cycle don't achieve substantial gains. They tend to overstay in the market, watching their substantial profits dwindle. When the market starts to pull back, they initially resist, only to eventually panic and sell everything at or near the bottom when the selling intensifies. In essence, they exchange moments of joy for fear, but the money rarely stays with them for long.

"Wealth is the ability to fully experience life." Henry David Thoreau


This "zero to hero" mentality often results in more individuals transitioning from heroes to zeros. Few manage to achieve consistent returns, with very few averaging close to 20% per year, over a five-year period. Criticizing their style will be met with resistance, as pointing out the flaws in their strategy tends to invite trouble. As the saying goes, "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.

The situation is poised to worsen as the money supply increases, largely because the masses will fail to determine the underlying game plan. This strategy involves creating circumstances where people will plead for more money printing or fostering an environment that encourages speculative behaviours.

Nobody bothers to think that the often overlooked yet crucial factor is the wisdom of living within or below your means. By discerning between needs and wants, you pave the way to allocate all this saved money towards strategic investments during strong market pullbacks.

The prevailing illusion persists, with the masses running faster, believing they are accumulating more wealth. However, when they pause, they discover they are essentially back to where they started. Amidst the financial hustle, only two things genuinely matter freedom and health. Everything else is negotiable. As far as TI is concerned, "The greatest wealth is health."

[MarkD]

Or just continue to obfuscate the issue

https://www.vox.com/climate/2024/2/28/2 ... -bleaching

https://bgr.com/science/no-one-can-figu ... ord-speed/

I am leaning towards the latter as at the current rate the fewest number of named tropical storms in the Atlantic have developed in the 24 season. After NOAA predicted on of the most active.

[AstuteShift]

My viewpoint on China still stands

The reward to risk ratio for Chinese investments is not imho favorable for the investor

Most Chinese stocks are basically funding the Chinese military and no communist country ever was a world superpower. They always collapse

The BRICs is a complete joke. Dollar is supreme for multiple reasons and will be king even when I’m dead

Worlds strongest military, stable economy, America has the most liquid markets in the world, biggest sovereign debt market that is relatively risk free. Rule of law, even though there is chaos now, it’s still way better than any third world country. China is a completely corrupt regime that kills millions of people, which I won’t go into detail

YouTubers who favor China, are paid by the CCP to promote. They’re scammers. Don’t bother with YouTube since most are scammers and swindlers

I’m seeing China still collapsing in 10 to 20 years.

The big reason is, and no one will tell you this, Wallstreet is in control of their banks in China, which is unusual since Chinas state controls everything. Huge mistake.

They will sell their garbage bonds to guess what….pension funds who are controlled by Wallstreet crooks. This is will cause a global financial crisis. 10 to 20 years. It will be a slow build up

If you’re a trader, sure you can trade them but I will not bother at all.

[Cinnamon]

The outlook on China, much like the question of America's global might, is no longer a black and white issue.

China is making big strides in several areas. Personally, I’ve done well with stocks like PDD, VIPS, and JD. I don’t buy into the hype from YouTube personalities, but the data shows China is ahead in many sectors, which is worth paying attention to.

For example, a new article pointed out that demand for grains like , wheat, and barley is dropping because China has cut back on buying from Western suppliers. These farmers are struggling to find other markets to replace China’s demand.
https://www.choicesmagazine.org/choices ... s-continue
https://www.bloomberg.com/news/articles ... cal-prices

On the EV and hybrid vehicle side, China is leading as well. A friend of mine in Australia said she won’t buy another Western car after getting a BYD. It was tens of thousands cheaper than a Tesla and just as impressive.

The situation regarding global military dominance is no longer as clear-cut as was in the past. Many experts argue that the U.S. is no longer the preeminent military force it once was. The U.S. has not won a major war against a peer adversary or any real war for decades. While we claimed initial victories in Iraq and Afghanistan , we left with egg on our face. Afghanistan was a complete failure, the Taliban are back in control