Belgian 29 year old male, accountant, into physical fitness, outings and watching TV series/films. Enjoy pestering you about your political views and interested in economics.
Buying from other economies does two things. One, you have access to their expertise/efficiency.
Not everyone will have invested in the same industry.
Will miss out on cheap labour. Cheap resources.
Don’t be dumb though, selling us USD for our products isn’t just “printing paper”. We use those USD (mostly we sell the debt to china) to buy USA companies. It’s capitalism after all.
Immigrants are welcome, tourists as well.
Why’s this removed, bruv
Aight, let’s continue. You’re tougher than the other fella. You literally see the video of a Chinese speaking fella beating two scared submissive kids. Nah, it ain’t going to take it with ya.
Bring it on buddy, I’ll crack ya.
I’m curious which countries you folks live in tho
You actually admitted that a Chinese citizen did something bad, for Chinese gain.
That’s all I wanted. Good day to you, sir.
Ah don’t worry, just some fun stuff. I’ve seen a lot of the world, not as naive as you. Have you seen what they do in Brazil? I have, it ain’t that nice.
The video is pretty soft core.
Congo is still using Belgian railroads and trains, we sell old trucks to there. We buy oil from Nigeria which funds their economy. We help east Congo against Rwanda.
you wish to be at both sides of the argument and win twice.
You know what 1850s Belgium was? Well lil buddy, it’s where Marx wrote communist manifesto.
Look at us now, rich and not communist.
EU gives 20 billion euros in aid to Africa every year.
Showing me that china forgave 3,4 billion USD in interest between 2000 and 2019 is peanuts.
See, so easily baited.
China owns majority stake in the cobalt mines in Congo. Controlling 80% of their cobalt in order to have influence in the battery market. Which they use for dominance in smartphone and electric vehicle markets. The government subsidises this as well with tax payer money, which is good for the shareholders of Xiaomi, BYD, …
At the height of Belgian Congo, wallonia was wealthier than flanders. Now wallonia is quite poorer than flanders because their mines ran down. The industrialisation moved away.
We have a great economy because of services that we provide. We have a highly educated population.
We don’t depend on resources from Africa, south east Asia, etc. Why? We don’t do those industries.
That’s all delegated to China. China is our bitch, they do the child labour, the bad ethics, exploiting poor countries, and then sell us the products cheaply. We buy it, they do the dirty deed.
It’s almost as if raw materials are important to the economy that wants to turn them into a product.
And not important to an economy that basically just sells services?
What the fuck? Using brain? Logic? In a tankie sub?!
Go find some other sources, from various parts of the world.
Russia is invading Ukraine literally for resources for their industry, or rather to sell them to us with an extra price.
Real Belgium? These oldies have been on strike and they haven’t seen a tank. Welcome to democracy. The NVA has the most votes, they were voted for in order to increase the work force.
Major amount of people on sick leave for more than 5 years. People were on unemployment benefits for more than 2 years. People used to retire at age 55. While barely having children.
For example my mate is in Germany now, his gf worked one year and now she’s relaxing 2 years on sick leave for “burnout”.
They are reducing taxes for people that work.
The minimum wage in Belgium is high. Education is free or cheap.
If you want to work, you have work. Social mobility is high in Belgium.
if we correct for purchasing power then the net wealths would be.
Belgium 333k euros. China 54k euros. Russia 28k euros. (Compared to USA)
With a year’s savings I can buy a 100 sq meters house in Indonesia. A Chinese or Russian cannot do that.
Not only is my internal purchasing power far higher, so is my external purchasing power.
The median net worth of an adult Belgian is 250k euros.
In china it’s 27k euros.
Those damn oligarchs :(
In Russia median net worth is 8,5k euros.
Those damn oligarchs :(
If only I had 200 billion USD net worth Putin at my side
Aight, show me how my country Belgium censors me.
Just a hint, criticising the government is our national sport.
Which is why I find you utterly pathetic being unable to criticise the country you wish to live in.
I am completely fine with moving to Indonesia. They have an ex general as president, that’s crazy dumb. He’s mixing military with political power and going back to 1998. The taxes are too low in Indonesia, they need to increase that in order to fund education.
See. It’s easy. Now grow a fucking spine.
I’ll do it for you.
China censors the shit out of their population. And if you want to be part of the 0,1% immigrants in china, you cannot afford to criticise a government of 1,4 billion people.
Because you are nothing compared to the government.
Go to china, so that I can’t read your comments anymore because of the great firewall.
Say something bad about china :)
Europe lacks independence. There’s far right movements, infiltrated by foreign interest. There’s racism here.
USA is going totalitarian.
Now, say something bad about china :) you might get banned though by your homies
The 20% is there because we had the financial crisis due to people buying houses that they couldn’t afford.
Using the bank in order to get money for a purchase is a good idea, as long as you invest the money.
Even if you can buy the house outright, it’s better to borrow money with the house as collateral and invest the rest in market weighted ETFs.
You cannot be a refugee there, you need a job.
EU has 10% immigrants. China has 0,1% immigrants.
1,3 million Syrians took refuge in the EU while barely any could go to china.
China isn’t poor, they are unwilling.
It’s too difficult to implement.
Don’t fix it if it’s not broken.
We’re literally speaking English right now.
Come to Europe, you chose the wrong place
China doesn’t take refugees
I’m EU citizen, I go into Germany if I so please. I’ll do it and I’ll do it again.