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Business, Economics, and Taxes: Eat Cereal for Dinner

aparch said:
Was it you, or someone else that posted here that China is already backfilling the DOGE cuts power vacuum with their own versions of USAid and other US global resources across the world because they saw their opportunity to be an influence leader.

So, yeah, 100% spot on.
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Well, gee, that was obvious for anyone who has a brain to see.

Which rules out Donnie's administration and the MAGAts.

What happens when China refuses to keep financing our debt?
 
As of right now, the market is flirting with the lowest its been since August 6th, 2024. (Day Kamala announced Tim Walz as her VP.)

If you exclude that brief daily dip, it's the lowest since June 24th, 2024. (Florida Panthers defeat Edmonton for the Stanley Cup.)
 
rufus said:
Well, gee, that was obvious for anyone who has a brain to see.

Which rules out Donnie's administration and the MAGAts.

What happens when China refuses to keep financing our debt?
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China’s next step is to start putting pressure on the cracks that already exist in our country to break us up. Expect to see a lot more chatter about succession next year.
 
Jimjamesak said:
China’s next step is to start putting pressure on the cracks that already exist in our country to break us up. Expect to see a lot more chatter about succession next year.
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I think they will start considering dumping our debt...they can kill us without even flinching if they take it slow. If they want the world to die they could do it in one fell swoop.
 
Handyman said:
I think they will start considering dumping our debt...they can kill us without even flinching if they take it slow. If they want the world to die they could do it in one fell swoop.
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Doesn’t make sense to kill us, there’s no money to be made if that happens. It’s better to neutralize us as a threat but also maintain markets for goods. If they can truly Balkanize us into different countries they can still sell stuff in California and New York.

The Chinese aren’t all that different from us, they want to profit. They’re just far more willing to play the long game.
 
Jimjamesak said:
The video game industry was already heading for a crash (studios are closing, games are incredibly expensive to develop, costs on hardware and software are high), this whole thing might drop it off of a cliff.
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The video game industry is interesting because the sticker price for a AAA game hasn't really changed much in 40 years, so in real terms they're way cheaper today than they used to be. A new NES, SNES, or Sega Genesis game in the 80s and 90's was normally $40-$60. The occasional full-length RPG like Final Fantasy might have been $70. With inflation, that works out to about $100-$150 in today's dollars. So I get why studios struggle and why there's all the paid add-ons and Day 0 DLC and all that, they gotta pay for the development somehow. The broader game-playing base fills some of that gap, but as a mature industry it can no longer account for continued customer-growth.

Mobile games and FTP micro-transaction oriented games only further encourage the low sticker price with the premise of making it up on the backend.
 
Jimjamesak said:
Doesn’t make sense to kill us, there’s no money to be made if that happens. It’s better to neutralize us as a threat but also maintain markets for goods. If they can truly Balkanize us into different countries they can still sell stuff in California and New York.

The Chinese aren’t all that different from us, they want to profit. They’re just far more willing to play the long game.
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Easiest way to put us into a civil war (which is what they want) is to completely tank us. Financial warfare is right up their alley. And if they are patient they can do it the next 2 years and not risk their economy much.

Not truly kill us...full on knee cap us though.
 
aparch said:
As of right now, the market is flirting with the lowest its been since August 6th, 2024. (Day Kamala announced Tim Walz as her VP.)

If you exclude that brief daily dip, it's the lowest since June 24th, 2024. (Florida Panthers defeat Edmonton for the Stanley Cup.)
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Currently down over 2000
 
Dow down 2k...other indexes down 5.5% each.

Apple down 7%
Meta down 5%
Amazon down 3%
Google down 2.5%
 
unofan said:
The video game industry is interesting because the sticker price for a AAA game hasn't really changed much in 40 years, so in real terms they're way cheaper today than they used to be. A new NES, SNES, or Sega Genesis game in the 80s and 90's was normally $40-$60. The occasional full-length RPG like Final Fantasy might have been $70. With inflation, that works out to about $100-$150 in today's dollars. So I get why studios struggle and why there's all the paid add-ons and Day 0 DLC and all that, they gotta pay for the development somehow. The broader game-playing base fills some of that gap, but as a mature industry it can no longer account for continued customer-growth.

Mobile games and FTP micro-transaction oriented games only further encourage the low sticker price with the premise of making it up on the backend.
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The problem with consoles is that the companies already take losses on them so they can make money on games and accessories. They can’t afford to just eat the cost of the tariffs. But if they raise prices on the consoles then sales decrease and they can’t make as much money on games and accessories.
 
aparch said:
As of right now, the market is flirting with the lowest its been since August 6th, 2024. (Day Kamala announced Tim Walz as her VP.)

If you exclude that brief daily dip, it's the lowest since June 24th, 2024. (Florida Panthers defeat Edmonton for the Stanley Cup.)
Click to expand...
LMFAO so FB R Scooby wasn't able to retire a mere 8 months ago and can't now either.

Back to the factory Gimpy.
 
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