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"is there a need to panic? imo, not really." LMAO non partisan...

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Hingdog

22,625 Posts.

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22/06/22

23:37

Post #: 62148634
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Originally posted by Scott th Ratbag ↑

I had a good read and watched some interviews since that post above.... yep its looking grim for the global economy and for Aus.

China moving its financing arm to other countries, like Sth Africa, PNG and Indonesia.

but truly the real reason behind the anxiety is that the Chinese explosion of investment and foreign aid around the region is because we )white Aussies at least) see the Chinese as dangerous. a threat to our security. we see this but we should also question if the perceived threat is real or is it truly anxiety?

as to the withdrawal of their business interests, this is essentially the balance of new investment against withdrawal of investment. the surplus has fallen from $19B AUD to 800M this last calendar year. falling investment and selling investments = balance.

is there a need to panic? imo, not really.

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"is there a need to panic? imo, not really."

LMAO non partisan right winger Scotty, you spent months and hundreds of posts saying how bad things were with China, now your party that you aren't biased toward is in govt, there's "not really" any need to panic? Where's the crying with laughter emoticon?
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