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(Yahoo)   China's economy hits a great covid wall   (yahoo.com) divider line
    More: News, Unemployment, Inflation, Economics, Monetary policy, China's economy, nation's Covid Zero policy, Macroeconomics, Bloomberg L.P.  
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1049 clicks; posted to Business » on 16 May 2022 at 8:22 AM (5 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



20 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-05-16 8:32:04 AM  
Damn you Joe Biden! Can't you do anything right?
 
2022-05-16 8:44:25 AM  
China's Economic Activity Collapses Under Xi's Covid Zero Policy

What's Xi's "Coke Zero" policy?
 
2022-05-16 8:46:04 AM  
I have a feeling that a lot of economic statistics that have been completely made up fudged over the last 10 years are going to get papered over with a "Covid adjustement".
 
2022-05-16 8:51:45 AM  
Seven weeks of hard lockdown. Some buildings with metal gates over the doors.
 
2022-05-16 9:03:29 AM  
I thought the real estate crash there was a whole separate deal from their Covid troubles, and had already begun a while ago. Covid exacerbated it, then?
 
2022-05-16 9:07:42 AM  
Maybe the stress will give him an aneurism.

... Oh.
 
2022-05-16 9:15:16 AM  
Expect more supply chain snarls, Inflation and shortages. fark
 
2022-05-16 9:28:59 AM  

xanadian: China's Economic Activity Collapses Under Xi's Covid Zero Policy

What's Xi's "Coke Zero" policy?


Pour it all into he Yangtze.. do the rest of the world a favor.
 
2022-05-16 9:36:16 AM  
China is playing the long game. They planned this a thousand years ago.
 
2022-05-16 9:47:28 AM  

Phil McKraken: Expect more supply chain snarls, Inflation and shortages. fark


Wait, but I'm told by Fark economists that inflation is caused by the US government printing money, not transitory externalities like half the world's factories being shut down.
 
2022-05-16 9:51:29 AM  

pearls before swine: Phil McKraken: Expect more supply chain snarls, Inflation and shortages. fark

Wait, but I'm told by Fark economists that inflation is caused by the US government printing money, not transitory externalities like half the world's factories being shut down.


[why_not_both.jpg]
 
2022-05-16 9:54:10 AM  
Completely shutting down the virus is impossible. They're going to have to let it work its way through the population or they'll be shut down for decades. Their choice though.
 
2022-05-16 11:31:18 AM  

FrancoFile: pearls before swine: Phil McKraken: Expect more supply chain snarls, Inflation and shortages. fark

Wait, but I'm told by Fark economists that inflation is caused by the US government printing money, not transitory externalities like half the world's factories being shut down.

[why_not_both.jpg]


This has become a political issue, so farkers are not going to settle for that.

It's 100% this guy's fault
Fark user imageView Full Size


Or 100% this guy's fault.
Fark user imageView Full Size

Now tell us which one you think it is so we can all farkie you accordingly and half of us can block you.
 
2022-05-16 11:48:44 AM  

Arkkuss: FrancoFile: pearls before swine: Phil McKraken: Expect more supply chain snarls, Inflation and shortages. fark

Wait, but I'm told by Fark economists that inflation is caused by the US government printing money, not transitory externalities like half the world's factories being shut down.

[why_not_both.jpg]

This has become a political issue, so farkers are not going to settle for that.

It's 100% this guy's fault
[Fark user image 240x304]

Or 100% this guy's fault.
[Fark user image 360x450]
Now tell us which one you think it is so we can all farkie you accordingly and half of us can block you.


There's only one right answer on Fark.

It's subby's fault.
 
2022-05-16 12:40:10 PM  

pearls before swine: Phil McKraken: Expect more supply chain snarls, Inflation and shortages. fark

Wait, but I'm told by Fark economists that inflation is caused by the US government printing money, not transitory externalities like half the world's factories being shut down.


pretty sure it's both.
 
2022-05-16 12:43:30 PM  

Russ1642: Completely shutting down the virus is impossible. They're going to have to let it work its way through the population or they'll be shut down for decades. Their choice though.


If they keep this up, the rest of the world is going to find new suppliers. It's already started.
 
2022-05-16 1:58:10 PM  

FrancoFile: I have a feeling that a lot of economic statistics that have been completely made up fudged over the last 10 years are going to get papered over with a "Covid adjustement".


That will provide cover when the luxury goods market collapses due to officials taking a huge hit in the graft money they receive.
 
2022-05-16 2:29:11 PM  

jjorsett: Russ1642: Completely shutting down the virus is impossible. They're going to have to let it work its way through the population or they'll be shut down for decades. Their choice though.

If they keep this up, the rest of the world is going to find new suppliers. It's already started.


That would actually be a good thing.  Having production so concentrated in one area leaves everyone vulnerable, as we are seeing now.
 
2022-05-16 4:05:19 PM  

Arkkuss: jjorsett: Russ1642: Completely shutting down the virus is impossible. They're going to have to let it work its way through the population or they'll be shut down for decades. Their choice though.

If they keep this up, the rest of the world is going to find new suppliers. It's already started.

That would actually be a good thing.  Having production so concentrated in one area leaves everyone vulnerable, as we are seeing now.


It wouldn't be a good thing for China -- they don't have barely the domestic spending to be able to run an economy serving mostly China. They're already facing a situation where their Gen Z is seeing a lower quality of life than their parents and just dropping out of life completely. Any major disruptions to economic growth will massively destabilize them.
 
2022-05-16 5:21:13 PM  

Lusiphur: Arkkuss: jjorsett: Russ1642: Completely shutting down the virus is impossible. They're going to have to let it work its way through the population or they'll be shut down for decades. Their choice though.

If they keep this up, the rest of the world is going to find new suppliers. It's already started.

That would actually be a good thing.  Having production so concentrated in one area leaves everyone vulnerable, as we are seeing now.

It wouldn't be a good thing for China -- they don't have barely the domestic spending to be able to run an economy serving mostly China. They're already facing a situation where their Gen Z is seeing a lower quality of life than their parents and just dropping out of life completely. Any major disruptions to economic growth will massively destabilize them.


Kinda good. While I feel bad for the average citizen of China anything to stop a tyrannical government from growing to become the planet's dominant super power is a good thing
 
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