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Topic: I spoken with very old and smart person. About economy and future (Read 360 times)

full member
Activity: 1554
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OK, let's see whether Putin and Jinping's plan will run smoothly or not.
I think they need time to realize their plans.
Currently there are so many riots going on in the world, without realizing whether this plan is one of the causes of this  Huh
full member
Activity: 2254
Merit: 223
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This what he said china and russia can not take west by Force and they know that USA low rates and oil sales have given power to USA build world strongest military.
From my understanding, China and Russia is not trying to take over the west. What they want to do is to free the other regions of the world from the enclave the west has on them. A typical example being that the francophone countries paying tax to France. This has been going on for decades. The French impoverish these regions of the world by stealing their resources to enrich their own country and leaving these nations to die of poverty. And on top of that they tax these nations. Let's not even talk about the US.
This is more than just about oil or economics. It is more about pulling down the stronghold of the west. Maybe we are already witnessing World War III happening.
While I doubt we will get to the point of another world war, as all governments know very well this will entail the use of nuclear weapons and the destruction of society as we know it, at the same time it is obvious that countries like China and Russia do not like their current station and they want to improve it, will they succeed? No one really knows but we can clearly see they are trying and I foresee this will continue for decades to come.
Putin's Russia is now speculating on the topic of world war and the use of nuclear weapons. Having attacked Ukraine and trying to seize its territory, the Kremlin constantly threatens any state that tries to help Ukraine defend its freedom and independence. Putin and his entourage want no one to stop them from committing genocide in Ukraine, robbing and killing the civilian population of this country. But as the international criminal Putin and his accomplices want, it won’t happen. The world has already seen that to give in to Putin once, and then you will have to give in indefinitely, since he regards any concessions as a sign of weakness and therefore his appetite only increases from this.
Therefore, it is logical that the confrontation will reach some high point and then either defuse in some way or develop into a big war comparable to a world war.
hero member
Activity: 2338
Merit: 757

From my understanding, China and Russia is not trying to take over the west. What they want to do is to free the other regions of the world from the enclave the west has on them. A typical example being that the francophone countries paying tax to France. This has been going on for decades. The French impoverish these regions of the world by stealing their resources to enrich their own country and leaving these nations to die of poverty. And on top of that they tax these nations. Let's not even talk about the US.
This is more than just about oil or economics. It is more about pulling down the stronghold of the west. Maybe we are already witnessing World War III happening.



A counter question about the "colonies" of France, Britain and other countries. Tell me - what besides civilization and development they brought "bad" to the colonies ? The fact that now, having obtained freedom, someone pays taxes to them is a personal problem of the GOVERNMENT of these countries. And the people who chose such a government. And what do you think Russia has given, for example, to those territories that it occupied or "liberated" from the Western vector of development?  Smiley


I cannot give you an accurate answer about what Russia is doing in its colonies because I have no confirmed information and therefore I cannot make a comparison with the colonial reality in other countries. At the same time, I can assure you that there is a great delusion that many believe, which is that colonial empires (France, Britain, and others) have brought civilization and prosperity to the colonies they occupy. This is definitely nonsense. I will not tell you about my country, which remained a French colony for more than 70 years, nor about its colonization of Algeria for more than 130 years, nor about the various empires that have colonized and are still colonizing the entire African continent. Rather, I will invite you to see the urbanization achieved by those colonies and review the statistics related to the country’s economy and financial policies during and after the colonial era. In fact, how can we talk about a civilization carried by a colonizer on the back of a tank? Is this meaningful?
legendary
Activity: 3752
Merit: 1864

From my understanding, China and Russia is not trying to take over the west. What they want to do is to free the other regions of the world from the enclave the west has on them. A typical example being that the francophone countries paying tax to France. This has been going on for decades. The French impoverish these regions of the world by stealing their resources to enrich their own country and leaving these nations to die of poverty. And on top of that they tax these nations. Let's not even talk about the US.
This is more than just about oil or economics. It is more about pulling down the stronghold of the west. Maybe we are already witnessing World War III happening.


I can't tell you about China. But I can definitely tell you what "liberation" by Russian hands looks like. "Excellent examples" - DMR, Abkhazia, DNR, LNR. The only thing Russia "liberated" these territories from is from peaceful life, from life, from prospects, from the future. Having given them degradation, extinction, meanness, abomination ...

A counter question about the "colonies" of France, Britain and other countries. Tell me - what besides civilization and development they brought "bad" to the colonies ? The fact that now, having obtained freedom, someone pays taxes to them is a personal problem of the GOVERNMENT of these countries. And the people who chose such a government. And what do you think Russia has given, for example, to those territories that it occupied or "liberated" from the Western vector of development?  Smiley

legendary
Activity: 1680
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It is unfortunate that this is the state of Europe in the twenty-first century. The continent that ruled the world for centuries has now become a toy in the hands of America, Russia, and China.

There is no one with good intentions in politics. In politics, there are only interests. Therefore, do not think that the policy of the United States towards Europe is better than the policy of China and Russia. Do you think that the United States or Russia and China want to see a strong Europe? Everyone wants a weak Europe.
sr. member
Activity: 812
Merit: 254
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China trapped many countries with their debts and took over their strategic locations and the recent example that I know is they captured Sri Lanka's port and other places for not being able to pay the debt so this isn't anything new. And the western countries are already collapsing without doing any thing from the outside so the shift in power is expected in the next few years and its a known fact.
Superpowers have many ways of colonizing or invading other countries to gain their own interests, such as America and Russia which often show that the military is their main force in dominating the world, while China has a more intelligent strategy in conquering other countries namely using economic, one of which is providing loans that target poor and developing countries and in the end when the country is unable to pay the debt then one by one the strategic assets owned by that country will belong to China and China indirectly owns it power over their economy, as happened in Sri Lanka, Uganda, Kenya and the Maldives right now.
legendary
Activity: 2646
Merit: 1176
This what he said china and russia can not take west by Force and they know that USA low rates and oil sales have given power to USA build world strongest military.
But what they do is together with china and russia they wait and help for Western countries collapse.
Then they the russia and china will offering the funds to help out and then Putin and china will laugh at West as usa NATO tought they Will foolisly use war but not instead of using brutal Force to make war the Putin is old judow martail arts he knows the old method " LET the enemy crash himself " and that works Western society people are not Strong in their minds and not learning chess game and don't have stradegy but Putin and china have peceful solution.
China and Putin waiting for economic chaos also they help it happens as much they could then they say ...we give you help and Western society countries don't have any other ways they will have to borrow to survive becouse they can not print money much on their own.
China Will Even give low rates Putin have also good money from oil profit he can help Western societies out with money aswell.
So that's the plan Putin and china waiting when Western countries asking help and Putin and china will help very likely.


Be wary about going to old people for advice, because while there are some truly intelligent and wise people out there, there are many more biased and illogical fools. Russia and China have been waiting forever for America to stumble, but the fact is their legal and business system is always going to beat the government run system. The dictators that get to the heads of these countries think they are all seeing and all knowing, then try to impose their ideas, whereas much of the momentum in places like America and Europe comes from the people at the bottom. China did do a lot to catch up economically, but this was before Xi Dickping got into power and started to ruin the country again, making it a much less reliable place to invest as they swing wildly between targeting different sectors depending on who annoyed Dear Leader this morning.
sr. member
Activity: 2380
Merit: 251
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China trapped many countries with their debts and took over their strategic locations and the recent example that I know is they captured Sri Lanka's port and other places for not being able to pay the debt so this isn't anything new. And the western countries are already collapsing without doing any thing from the outside so the shift in power is expected in the next few years and its a known fact.

Quote
Due to the losses incurred by the Sri Lankan government in managing this port, Hambantota Port was finally given to China Merchants Port Holdings in 2016. On July 28 2017, Sri Lankan Prime Minister Ranil Wickremesinghe announced that this port would be leased to China for 99 years.
[1] google

i don't know where you got the news that China seized one of the ports in Sri Lanka, because based on a Google search, Sri Lanka leased the port to a Chinese company.


I used captured not seized and technically leased for 99 years which is nothing but taking over the place, and it took over by Chinese government for SL not able to pay the debt of 1.3bn or 4.5bn because different article claims a different amount but China gave funds as loan to SL and many other countries and they are doing it knowingly those countries can't repay the loan and take over strategical locations throughout the sea routes and if they had enough influence we don't know what they got to deploy.
full member
Activity: 1008
Merit: 141
China trapped many countries with their debts and took over their strategic locations and the recent example that I know is they captured Sri Lanka's port and other places for not being able to pay the debt so this isn't anything new. And the western countries are already collapsing without doing any thing from the outside so the shift in power is expected in the next few years and its a known fact.

Quote
Due to the losses incurred by the Sri Lankan government in managing this port, Hambantota Port was finally given to China Merchants Port Holdings in 2016. On July 28 2017, Sri Lankan Prime Minister Ranil Wickremesinghe announced that this port would be leased to China for 99 years.
[1] google

i don't know where you got the news that China seized one of the ports in Sri Lanka, because based on a Google search, Sri Lanka leased the port to a Chinese company.


China claims they are not currently hostile to the USA, they are lying about that, why does China always put pressure on the South China Sea, that is because they want to control Taiwan which in the last few decades has been controlled by the USA, China will continue to push the USA until it is eliminated from control world economy even though it is impossible.

if we look at China's economic growth since they held the revolution then we will be surprised by the results, China has grown extraordinarily and it seems that it will continue to do so for the next few decades, they will continue to strive to become a powerful country like the USA.
hero member
Activity: 2478
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With the way things are, I think the only thing China and Russia need to do is to play the waiting game and the West will self destroy itself, if they continue on this destructive path. I have issue with China dethroning America has the world power because of centralisation of power in the country and they are likely going to spread it across the world with time, but I think China has this good virtues of taken their time, they will continue to wait for the best time that America will be powerless to save itself from the inevitable

China has good virtues though especially in trade but that is not all that they need to take over power from America. Power is not served on a platter of gold, except their is a power shift through if there is new world order perhaps caused by WW3 but even with that America will not seat back without fighting back. Another challenge that will greet China is language barrier. Mandarin is not widely spoken like English. The major speakers of the language is Hong Kong, Taiwan, Singapore and few other places in batches of population. So language barrier will always be a hindrance if China were to become world power leader.
sr. member
Activity: 1512
Merit: 351
We all know that these superpowered nations has their own agenda and interests in anything like resources and of course the most popular one is who will be the one to control the world economically and militarily. For me China wants to dethrone the US when it comes to power. Based on my observation in my country China is trying to cripple our economy by funding individuals to distabilize the country. The intels even discovered payroll from China and they are now investigating about it. China's agressive behavior towards it's neighbors is a clear message to all of us to prepare for something we don't like. China is doubling it's efforts to win even in a way that is unconventional and illegal.
hero member
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With the way things are, I think the only thing China and Russia need to do is to play the waiting game and the West will self destroy itself, if they continue on this destructive path. I have issue with China dethroning America has the world power because of centralisation of power in the country and they are likely going to spread it across the world with time, but I think China has this good virtues of taken their time, they will continue to wait for the best time that America will be powerless to save itself from the inevitable
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
China trapped many countries with their debts and took over their strategic locations and the recent example that I know is they captured Sri Lanka's port and other places for not being able to pay the debt so this isn't anything new. And the western countries are already collapsing without doing any thing from the outside so the shift in power is expected in the next few years and its a known fact.
full member
Activity: 2254
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Enmity between the US and Russia has been going on for a long time, and China has become America's biggest enemy in the middle. China advances relations with those with whom the US government builds good relations, or China supports the opposite country that the US supports. American products are banned outright in China and as far as I know Chinese government officials are completely banned from using Apple products. In the war situation between Ukraine and Russia, America directly took the side of Ukraine, on the contrary, China helped Russia. Russia, China, America, these three countries are economically and technologically powerful countries in the world and the military forces of these three countries are strong enough and their military budgets are high enough.
Russia can gradually be written off from the category of economically and technologically powerful countries in the world with great military potential. Now in Ukraine its military power is being destroyed at a rapid pace and Putin’s Russia is forced to direct its economic potential into the military sphere, while exposing the financing of everything else that is not related to the war against Ukraine. Having attacked Ukraine, Putin counted on a quick victory and now cannot come out of this war with dignity, which turned out to be a war of depletion of its resources against the resources of the Western world, including the United States. It is already quite obvious that Russia is losing in this confrontation. After the war with Ukraine, Russia will emerge weakened, with a undermined economy, high inflation and high prices. Of course, if it remains a single state at all, of which there are serious doubts. Ukraine may bury Russia’s former power forever.

As for China, this country always takes into account its interests. China is now helping Russia a little and behind the scenes in order to then, without war, seize its territories, which it has long considered its own, and not only these territories. This process has actually already begun and Putin has no choice but to come to terms with it.
legendary
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China and Russia, right? As you advise, they use patience and economic manipulation rather than force. Interesting, but Western economies are resilient. The U.S. and its allies face challenges - who doesn't? However, these economies have adapted well. Is it realistic to expect them to collapse and seek help from their enemies? Economic connection is intricate. China and Russia may appear ready, but the global economy isn't chess. Players have different techniques and goals in this ever-changing puzzle.

Putin's judo strategy:“let the enemy crash himself”; sounds smart, no? Does the West also play long? Western societies, typically considered less strategic, have strengths. Innovation, technical advancement, and reinvention are real. Regarding the economic crisis, China and Russia may help financially, but at what cost? Remember that aid typically has strings. Western nations have financial experience. Borrowing, reorganizing, innovating, and partnering are options. Do you think they're more than chess pieces on a board?
legendary
Activity: 3752
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This what he said china and russia can not take west by Force and they know that USA low rates and oil sales have given power to USA build world strongest military.
But what they do is together with china and russia they wait and help for Western countries collapse.
Then they the russia and china will offering the funds to help out and then Putin and china will laugh at West as usa NATO tought they Will foolisly use war but not instead of using brutal Force to make war the Putin is old judow martail arts he knows the old method " LET the enemy crash himself " and that works Western society people are not Strong in their minds and not learning chess game and don't have stradegy but Putin and china have peceful solution.
China and Putin waiting for economic chaos also they help it happens as much they could then they say ...we give you help and Western society countries don't have any other ways they will have to borrow to survive becouse they can not print money much on their own.
China Will Even give low rates Putin have also good money from oil profit he can help Western societies out with money aswell.
So that's the plan Putin and china waiting when Western countries asking help and Putin and china will help very likely.

Please accept my answer without offense. I will give arguments...
To begin with, I would like to quote one phrase: “wisdom does not always come with age”...

And the speech of your friend you quoted confirms this perfectly.
Let's start with the main thing. Who will Russia and China “feed”?
Russia is a country of deep degradation of what it inherited from the USSR, what was created by all 15 republics. She just received it all as a gift. Russia today is a technologically backward country, with a policy of terror and global lies. And Putin is not a judo master, but an ordinary cheap, cowardly criminal from the St. Petersburg gateway. The country's economy is resource-based, and now these resources are only effectively sold “on paper”.
Peaceful solutions for Russia? Are you telling me, a resident of Ukraine, where Russia brought the “Russian world” back in 2014, destroying hundreds of thousands of citizens of my country, thousands of cities and villages, just because the “great judoka” has problems with brain activity and off-scale complexes?

China is a country with an export-oriented economy. And it receives the main influx of profit... from Western countries. And it is they who form the majority of foreign currency receipts, I emphasize - stable currency, to the Chinese budget. That is why, when mismanagement in China led to the economic problems that we can now see, China came to bow to the United States, so that the United States would allow China to essentially survive.


I am sure that your friend does not read open sources with real information, but loves Russian “news” - and everything is really fine there in Russia. And they “together with China will defeat the capitalists”  Grin Grin Grin

The best advice is to give him the TRUTH, open sources, let him open his eyes, otherwise he will live the rest of his life with terrible cognitive dissonance
hero member
Activity: 2842
Merit: 625
But I agree that it is now the younger generation who will feel directly about the economy in the future.
It's because that they still have a long life to live on and has got longer years of stay here. And listening to an old man about the future about economy, he's seen what's happening in the world. Take good life advices and news that you might refer while looking at the performance of your country's economy.

So as young people we should not close our eyes to the current situation, even if we do not understand at least we know what is going on.
Better or much preferred to say about the young professionals. Because the real young ones don't care at something like this, economics? What the heck is that, that will be their reaction.

But as for the young professionals, they are more conscious these days with global economy.
sr. member
Activity: 1162
Merit: 476
You gain a couple insights from talking to old people and those that have experienced a lot. But if you want progress, an updated outlook in life and the economy, as well as a contemporary take on things, I think the best people to ask are the younger audiences.

It could be tempting to ask old regular joes about the state of the market and how it could affect the future that we have in this industry but I don’t care for a retired person’s opinion. They know little about how the world works now cause they’ve got the goods and are living pretty comfortably now, while it’s us young folks who’s bearing the brunt of the blow.


Actually, when it comes to this, I think there is no age limit, because a person's expertise in economic analysis cannot be measured by age even though the difference may be experience. But in this case the focus of the discussion is on the economy, even though in it it cannot be separated from politics, especially if it concerns countries that are strong in economics and politics.

But I agree that it is now the younger generation who will feel directly about the economy in the future. So as young people we should not close our eyes to the current situation, even if we do not understand at least we know what is going on.
hero member
Activity: 2772
Merit: 576
How about the news about Xi Jinping telling that he's not an enemy against the USA and they're friends?


IMHO, with these three that are mainly becoming 2 vs 1 match up. Well, obviously this politics can make us think about wider things. Whilst we're thinking about tanking and recovering economies, we probably didn't expected some resort like this to come.

In summary, all of them plays vital role to each other and their societies and economies and I like it better to compete economically rather than showing off these weapons that are just giving fear to everyone.
sr. member
Activity: 406
Merit: 443
This man’s talk included politics, some theories from the Cold War, and some crazy ideas, but there was no political presentation or analysis of matters or market reality, especially in markets like oil, in which politics, in addition to supply and demand, plays a pivotal role.
I see that human's desire to obtain cheap energy makes them develop innovations. The need for energy increased, so he discovered fire, then coal, internal combustion engines, gas, oil, and hydrogen. Who knows what the energy source of the future might be, but the only evidence is that the oil industry will continue for the next 20 years and that there is enough of oil and its price would be cheap.
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