QuoteThis is China and all it stands for:
Chinese Gov Hackers Caught Hiding in Cisco Router Firmware https://t.co/6l5zI0YV4R
— Beefeater (@Beefeater_Fella) September 27, 2023
A clever tactic would be to play to that policy.
That or round up a few thousand ccp chinks and toss them into the ocean from 2500asl
buuba clinton should be hung
And Biden is actually reaching out to China again - some kind of space cooperation that he says will build trust. Fucking idiots. They are the enemy.
The illegitimate regime is the enemy
Biden will give the chinks the rope they’ll use to hang us….as long as he gets a 10% kickback on MSRP
I'm happy as long as the big guy gets his!
Giving the .gov more tax money should fix this.
Clearly we aren’t giving enough money to billionaires.
What about the lonely trillionaires?
But Trump, had talked to Russia about building a hotel!
But Trump, had talked to Russia about building a hotel!
Vanke rescue - SCMP
On Monday Shenzhen Metro (city of Shenzhen's commuter rail service) was forced to buy $1.4 billion in properties and pledged to buy bonds at a later date from China's second largest real estate developer Vanke, whose largest investor is Shenzhen Metro, after an abrupt tumble in Vanke stock and bond value raised concerns that a liquidity crisis could cause a debt default.
Vanke was recently considered among the safest of developers, suffering only a 10% decline in sales. Investors and home buyers assumed Vanke to be fully backed by the government, since Shenzhen Metro couldn't afford to let it go bankrupt, the city of Shenzhen couldn't afford for their commuter rail to go bankrupt, and Beijing can't afford for the city of Shenzhen to go bankrupt. But Evergrande and Country Garden defaults plus a torrent of bad economic news spooked investors and bonds tumbled, forcing Shenzhen Metro to turn on the public cash hose to rescue them, and the city of Shenzhen also pledged to buy Vanke bonds. Proof that Vanke is indeed too big to fail lifted Vanke bonds out of danger, but obviously the losses are now being socialized and Shenzhen will have to figure out how to pay for it.
Vanke is really, really big, representing almost 20% of the "not in default" developers, who are apparently shakier than advertised. I imagine Vanke could rapidly suck Shenzhen dry if they experience additional distress:
Shenzhen Metro fought Evergrande tooth and nail for a controlling stake in Vanke in 2017. The stock has fallen from it's early 2018 peak about 80%.
Just think what they've done to the smart phones... all of which are manufactured in China.
The smartphones that cost $30 to make?
How much does the proprietary hardware and software licensing cost?
The smartphones that cost $30 to make?
The same.
lol. Those phones costs millions to develop. And to put that infrastructure in place, market and distribute everything. The cost per phone is no way close 30 dollars, I'd think
I looked it up. It costs about 500 dollars to manufacture an iPhone.
