Post #45252 by Dope1 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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And it's starting to get noticed.

This is a subscription that I get: https://www.stratnews.com/

...and here's what they're saying today:

There is a huge, global propaganda program currently running, suggesting that the US economy is suffering from its tariff program while China remains relatively unaffected. We are writing this Special Alert because we believe just the opposite to be the case: the US is doing fine, with markets returning to even higher highs; new job figures in the healthy 150k/mo. range for the last three months on average; and generally steady performance.
We learned long ago that statistics out of China are unreliable at best, and always err to its favor. As often occurs, we tend to agree with the comments of Gordon Chang, who in a recent interview suggested that the Chinese GDP is running into negative numbers – i.e., the country is going into an economic retraction. To be clear, Chinese markets are often manipulated by the Chinese Communist Party, and with ease; therefore, they have no meaning, in the short term, other than to indicate the level of government intervention.
Ten years ago (in January 2015), we made a prediction that the CCP had lost control of its economy and was in fact in panic mode, and that it was then facing an implosion of sorts, as its business model, long buoyed by IP theft and subsidized exports (externally) and super-inflated infrastructure and housing buildouts (internally), was collapsing. One of our indicators was a complete public reversal by Xi Jinping on market manipulation, something that: a) had to happen to keep the charade going; but b) had to also include a remarkable, almost unheard-of loss of face (respect) in the doing.

As I've said, in many ways China is a House of Cards.

Anyway:
The numeric point being: contrary to the figures you’ve been reading in the WSJ, or the NYTimes, the real threat China is facing is the shuttering of thousands of companies, resulting in the loss of tens of millions of jobs, leading quickly to economic and political instability. And this would lead, almost certainly, to the elimination of Xi, and, one hopes, the modification of his InfoMerc model of modern economic parasitism.
In summary: We believe China is at another breaking point in its economic story; that the tariffs are already doing what was intended, just weeks into the program; and that the US needs to stay the course, while dropping the threats to its closest allies, so that all Inventing Nations can stand together, with little disruption and great effect.

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