following in europes footsteps china seems to be doing it's best to destroy it's tech industry hadnt expected this wonder if something spooked themhttps://www.wsj.com/articles/chinese-tech-stock-selloff-deepens-11627369038 …
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oh hmmmm looks like at least one property developer is in deep shit too ht
@edgarageoushttps://asia.nikkei.com/Opinion/China-Evergrande-s-troubles-are-wrecking-Xi-s-economic-story …Show this thread -
speculation from
@Noahpinion noting that I have no idea what I am talking about this seems plausible to me but I also do wonder about factional competition within china as a driver who knowshttps://twitter.com/rishab_hegde/status/1420076424447238145?s=19 …Show this thread -
this is the most unnecessarily grating and hostile thread I have ever encountered but it has some claims about chinese industrial policy the policy is well it is certainly a policyhttps://twitter.com/ruima/status/1420060835313971200?s=19 …
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its like chinese leaders read the book on china getting stuck in the middle income trap and said yes. that is what we want. and also read the book on south africa and said also we want that please.
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Sure hope y’all have emergency generators. My feeling is the grid would be the first casualty.
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datacenters have massive backup power systems I think
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They wouldn't, though. It's a nonsense idea. Amazon and Google don't see themselves as American companies first, they have no loyalty.
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