Restart

[spaldy]

The chinese are the third reich of the 21st century. Russia and Iran complete the Axis this time around (NK is just a slave state to china).

They will stop at nothing for world domination and continuation of their regime and have the lack of ethics and morals that requires the world to stand up against them. Hitler had Churchill do it. Not sure anyone around to do it this time. we are seriously fu*ked. if you willing to lob around a bio chemical weapon that shuts the world down you'll have no problem in using anything else in your arsenal.

[WTF11]

china will skate on this. Regardless of how it started (either an intentional release or accidental from the lab) they knew of human to human transmission on Jan 12th. They sent out millions of chinese all around the world on their moonbat holiday knowing they were infected. They stopped all internal travel that week but allowed millions to go out and infect the world. If that's not an act of war then your not living in the same world as the rest of us. The scumbags at the WHO and countless other governments in the world (including the US) catered to the CCP and their line of bull crap.

Thank God Trump had the balls to close down travel from China in late January or we would have had an even larger infestation from them. We have the 3rd in command in our county (pelosi) hanging out in chinatown on Feb 22nd encouraging the loathsome people to break the law and come on in the country calling Trump a racist and xenophobe. This in spite of the fact it had been determined by multiple organizations that it was aerosol and highly contagious. She should be tried for treason and hung. the vermin journalists don't even cover any of this. You have to find it on the interwebs. Any junior journalist could find this and put a story together. Not hard to verify where there is a video recording of their actions.

In the end it will be blamed on someone like Trump or Johnson and all of clowns that support globalism and the new world order will get the joy of experiencing the world as it exists in the new world order. food subject to shortages or rationing. Enterntainment limited to what they deem accepctable and failure to comply will result in loss of party status, educational opportunities and employment.

It's sickening that we gave all of this up without even as much as a fight. We let the CCP effectively take over the world and the loathsome journalists and politicians did not even call them out on it. It will take the western world a decade to dig out of this and the entire time the CCP will be selling up the cheap crap drugs and PPE that is substandard by any measure.

Not saying I disagree with a lot of what you say, but......for years we in the west have sen fit to devote our spending on the cheapest we can find, no matter where it comes from, as long as its cheap (and we can get it fast, why God only knows). Said it elsewhere, we know the cost of everything and the value of nothing, and that (unfortunately) goes for all us little people as well as the "powers that be".

It wont change when whatever "normal" looks like returns, if anything it will be worse, because the impact on the economies of western nations will be such that we wont be able to afford quality, just quantity, and we know where all that can be manufactured, don't we?

Cant blame it all on the big man, the small man made it possible. Only when the worm turns will things change, and the current crop of over-entitled snowflakes have nether the spine nor the balls to do more than bend over and ask to be shafted again, mark my words.

[Robus]

The Republicans are discussing a bill to be proposed in the US House that would allow COVID victims to sue the government of the PRC. If enacted, this legislation would set aside "sovereign immunity," the principle that immunizes sovereign governments against private torts. There is precedent of laws enacted after 9/11.

The Chinese must have hundreds of billions invested in the US. Wonder how much of that might be liable to claims by COVID victims and their families?

Big question: Could this be used to go after US companies that relocated to China, to incentivize them to repatriate manufacturing? That would be the game changer.

[spaldy]

It’s a one way street as no foreign country can own a Chinese company or property. The Chinese own trillions of dollars of property, companies and 10 trillion of our debt. Just bill them the 5 -10 trillion they cost us by sending out their infected people but banning them to travel internally.

Of course the corporations lose their cheap labor and parts supply. Fu$k them. The small businesses are all toast and the big companies will make even more money once this is over. Hope congress forces the issue with a vote on this and makes the communists /globalist publicly vote on supporting China over the US.

[MrsORichSenior]

Regarding Russia - an opinion based on my personal experience dealing with Russian enterprise via French companies............... most know my political stance but I'd like to add my take from a France perspective.

Presently France is lacking major diplomatic successes via the weakening of the Franco-German tandem, European fragilities, the turns of French diplomacy in the Middle East and the fear that Europe will find itself hostage to the strategic competition between the United States and China.

So new French strategies have been initiated - a classic recent example is the Yamal LNG liquefied natural gas project (in which French company Total holds 20 percent and China's national petroleum company holds 9.9%) deals like this opens up new global prospects for Russian hydrocarbons while serving as strong political messages to other world leaders going forward.

In Russia foreign ownership in internet firms is limited to 20% if they are considered by a special commission to be a “significant source of information”.I have worked on several French set ups of such businesses one of which was teaching Russian kids to speak English via internet lessons - as all Russian schools are now closed due to the virus that initial set up has now been incorporated into streaming lessons covering all subjects during lock down so has created further opportunities for others to invest.

Non-residents of Russia are liable to a flat Tax rate of 30% for all types of income received from a Russian based business.But for me as a language specialist the rate is reduced as a qualified foreign professional and is taxed at just 13% to which I'm happy to earn obviously.The USA,Britain or China cannot offer such opportunity sadly but we'll see what may develop in the future.

[OldWhiteTaff]

All I'd add is don't miss the real enemy here. China has been expert at exploiting the globalist capitalist dogma which is what has been pushed relentlessly across the western world for the last forty years. The mantra has been that private equity is good and state sponsorship is bad, that 'the market' is best at deciding who buys what and when, and controlling 'consumer choice' is bad. So, every time investment has been needed (whether that be transport, or manufacturing, or infrastructure or whatever) private money has always been accepted no questions asked - and in jumps China (with often state owned companies) supposedly providing 'private' capital. There's loads of examples in the UK of major infrastructure projects which have been wholly or partly 'privately financed', which has therefore opened that particular project to Chinese 'investment'.

So all China has done is exploit a dogma which has made a tiny fraction of the western population mind-blowingly rich - which is of course why a blind eye has always been turned to all this, and why the 'powers that be' are so anxious that their particular golden goose (Chinese money, cheap Chinese manufacturing) doesn't killed by this. Don't forget, the other huge 'benefit' that the 1% (the Amazons and Apples of this world) gain is that by using cheap Chinese labour they can force cheap labour costs globally 'to compete in a global marketplace'.

It's also why I find it extremely difficult to believe this was deliberate - China has very little to gain by destroying western economies, since the way that western economies have progressively been 'invested in' means that by far the most lucrative course for China was / is to continue BAU, not wreck it.

[WTF11]

All I'd add is don't miss the real enemy here. China has been expert at exploiting the globalist capitalist dogma which is what has been pushed relentlessly across the western world for the last forty years. The mantra has been that private equity is good and state sponsorship is bad, that 'the market' is best at deciding who buys what and when, and controlling 'consumer choice' is bad. So, every time investment has been needed (whether that be transport, or manufacturing, or infrastructure or whatever) private money has always been accepted no questions asked - and in jumps China (with often state owned companies) supposedly providing 'private' capital. There's loads of examples in the UK of major infrastructure projects which have been wholly or partly 'privately financed', which has therefore opened that particular project to Chinese 'investment'.

So all China has done is exploit a dogma which has made a tiny fraction of the western population mind-blowingly rich - which is of course why a blind eye has always been turned to all this, and why the 'powers that be' are so anxious that their particular golden goose (Chinese money, cheap Chinese manufacturing) doesn't killed by this. Don't forget, the other huge 'benefit' that the 1% (the Amazons and Apples of this world) gain is that by using cheap Chinese labour they can force cheap labour costs globally 'to compete in a global marketplace'.

It's also why I find it extremely difficult to believe this was deliberate - China has very little to gain by destroying western economies, since the way that western economies have progressively been 'invested in' means that by far the most lucrative course for China was / is to continue BAU, not wreck it.

Said it before, and will keep saying it, we know the cost of everything, and the value of nothing.

It's easy to blame the big corporations, governments across the western world etc, and they should indeed share the blame, but it's just that, a share. We, joe public, are complicit in not just allowing the globalisation movement to destroy industries because they weren't able to compete with the cheap manufacturing costs that virtual slave labour and massive buying power made possible for Chinese companies, we have positively driven it, because we want cheap, we want it now, and (by and large) we're not prepared to value quality. China has for decades supplied the "cheap and nasty", and more recently the cheap and really quite good, and to give them their due they see that the west won't go for the cheap and shoddy any more, so they have had to up their game (and we have swallowed it all like we have done before).

We're not going to enter any nirvana when things get back to some semblance of normal. We will still want the mobile phones, the fashion items, the cheap manufactured goods like TVs and the like that we have come to depend on, and those at the heads of major corporations know it. And neither will we cease to accept Chinese investment in things like power generation, HS2, why? Because increasingly there is one game in town when it comes to money to invest, and it's no longer the Oil sheikdoms of the middle east, its a bit further east.

[Jezleeds]

Tuned in for the first time in a while to find our board has become an outpost of The Economist.

I miss Leeds United

Anybody hear the old podcast on BBC Sounds about Marcelo's methods? I listened to most of it at the time (just after Spygate) but lost the will to live as the season fell apart. Really interesting stuff though, and lots of great quotes from players in particular.

[Rev72]

At this moment in time I feel like the omega man....

[MrsORichSenior]

Tuned in for the first time in a while to find our board has become an outpost of The Economist.

I miss Leeds United

Anybody hear the old podcast on BBC Sounds about Marcelo's methods? I listened to most of it at the time (just after Spygate) but lost the will to live as the season fell apart. Really interesting stuff though, and lots of great quotes from players in particular.

........... thought your favourite read would be the Investors Chronicle in between the local drama stories of the Leicester Mercury and the latest Amanda Staveley hot goss.

............ a few missed this one https://www.sportspromedia.com/news/...rts-investment

............. not all doom and gloom but the Leeds United latest financials are not exactly 'debate bait' either at a £21.4 million loss - ouch.

MOT