1
Sumarongi 1 point ago +2 / -1

Dude, stop with the CCP propaganda

4
Sumarongi 4 points ago +4 / -0

Look at his twitter and last tweet(last night)

Sumtingwong

13
Sumarongi 13 points ago +13 / -0

He was saying we shouldn’t give up our liberties to a media induced panic

Big difference

61
Sumarongi 61 points ago +64 / -3

Yes, but that narrative doesn’t induce enough panic, so nobody will ever hear it

24
Sumarongi 24 points ago +24 / -0

I wish more people would realize this. Its so glaringly obvious

3
Sumarongi 3 points ago +3 / -0

Sort of. You are on the right track.

Because of the tariffs China was low on FX/dollar reserves(which they need for international trade), They’ve been selling treasuries all last year, but that caused a problem because it pushed up the USD, causing a flight of capital and making their international trade even more expensive. In sept the reached a crisis where the market was saturated with treasuries causing the repo market to seize up, which forced the FED to step in and start buying treasuries to keep liquidity in the system(this caused a huge run up in stock prices in the next months) But China was already in a deflationary spiral and had to destroy inventories to keep prices afloat (I.e.swine flu avian flu) and prevent unemployment and social unrest. This only worked for a month or two until they had to remove the liabilities from their balance sheet(retired savers , and political dissidents)

Herro Virus. Herro lockdown/quarantines.

It was, at the same time, used as a propagandistic weapon for the west crashing our markets and driving demand for their US treasuries holdings (which they have continued to unload into the repo market) shoring up their cash and allowing them to continue the Ponzi scheme a little longer.

All this will end when China becomes illiquid(run out of treasuries and fx/reserves) their system will crash and bring down all the BRI partners(Italy, Portugal and Spain) who has written loans in yuan last year to roll over their own sovereign debt,

This will rip BRI partners out if the EU and that will cause that structure to fully collapse, (at least the EURO as a common currency)

I don’t know when this will happen, but I suspect it will be ‘when the fever breaks’ Prepare for the fireworks

4
Sumarongi 4 points ago +4 / -0

I had a ‘mailaise’ for three weeks in January. Lots of people in restaurants etc coughing

3
Sumarongi 3 points ago +4 / -1

tHaTs wHaT mAkEs iT sO sCaRY

LeTs dEsTrOy ciViLiSaTiOn tO sAvE ciViLiSaTiOn

by soabirw
4
Sumarongi 4 points ago +4 / -0

Thanks for the tip

14
Sumarongi 14 points ago +17 / -3

Lol... they autopsied lifelong Wuhan residents who had been sucking in the worst air pollution in the world while smoking 2packs of cigarettes a day their whole lives.

Stop spreading CCP bullshit propaganda

2
Sumarongi 2 points ago +2 / -0

Yes. Very interesting. Could have have stopped the communists from ever getting control of China in the first place. My how the world would be different

5
Sumarongi 5 points ago +5 / -0

maybe thats what they are doing? how do you expel all those illegals without creating social unrest?

by oomuu
3
Sumarongi 3 points ago +3 / -0

Where is Foam Boi?

2
Sumarongi 2 points ago +2 / -0

To be completely honest, the original deal was that that we would guarantee safe passage of their trade lanes with our navy in exchange China would flip against the Soviets in the Cold War. It was really key to winning the Cold War in the end. The idea also was, through trade, once the standard of living improved for the average Chinese, they would demand democratic institutions.

Well as we know things didn’t turn out that way. We should have cut contact and put on sanctions right after the Tianamen Square massacre, as the justification for the relationship no longer existed after the Berlin Wall fell

6
Sumarongi 6 points ago +6 / -0

3.4% is an inaccurate CCP/WHO stat

Looking at reliable statistics Taiwan, SK, Japan, it somewhere between .1% and .5%

Comparable to the flu. Just there is no built in herd immunity

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