Bloomberg reports that big global investors like BlackRock, Carlyle Group, and Blackstone have spent the past year selling office towers, warehouses, and malls for much less than they paid. Their retreat is adding fresh pressure to China’s already struggling property market, a sector that plays a huge role in the country’s economy.

Won’t someone think of the multinational investment firms…

Yes baby!

Tell me which stocks to sell.

FTFY

Will read it in a bit. Their bullshit has infiltrated my social circle quite negatively since Oct 7.

A Washington Post poll found that 61% of US Jews believe Israel has committed war crimes in Gaza, and 39% say it is committing genocide. Among the broader American public, 45% told the Brookings Institution they believe Israel is committing genocide, while a Quinnipiac survey in August found half of US voters share that view, including 77% of Democrats.

This is an important shift.

No one here has suggested the report isn’t true, at the same time The Times really is owned by Murdoch. So both can be true. The best propaganda is based on truth combined with volume and omission. Say something enough times to your audience while not saying something else aligns the readership/viewership with the desired viewpoint. Murdoch’s outlets are highly proficient in it. So are the Chinese. And so are many others.

What about China-bad propaganda masquarading as news though? Rupert Murdoch surely has a vested interest. 😄

This is shocking.

/s

Well said. Not to mention that our gov’ts engange in offensive espionage too. So pointing at the Chinese specifically makes it at best nationalist as in we’re not okay with it because it’s the other team doing it to us. But it smells worse. Like … our gov’ts are tapping undersea cables. Why wouldn’t others do the same? Everyone is hoping their own quantum computer would decrypt those recorded SSH sessions. The NSA is currently trying to hamper the adoption of quantum-resistant encryption. They’re operating under a fascist regime. so “But the Chinese are doing it” really sounds like whataboutism framed as concern. And that’s fine everyone’s doing that too but pretending otherwise is propagandist.

The US draining brain in all directions.

So that’s what the A stood for!

Probably. It’s somewhat plausible in the current employment context but I wouldn’t put it past the NYT to be blowing it up.

Oh for sure. There’s however a higher degree of democracy than feudalism, mostly stemming one way or another from the newly developed labour power under capitalism. Power that labour has slowly ceded over the last 50-70 years or so, but it can still regain when pressed. The system still contains this vulnerability (from the point of view of the capitalist) and it seems impossible to eradicate.

https://ourworldindata.org/grapher/annual-industrial-robots-installed

This is in the making for some time.

You don’t understand, this is just PR propaganda. The robots are just aimlessly moving around for show. Meanwhile there’s slave labour under the floor doing the work.

/s

I don’t think anyone in the West is taking decoupling seriousy. After all that would hurt profits and our owner class isn’t having it. Of course it would be a good idea to rebuild domestic manufacturing but that would take more than a decade since we need to build the education, workforce, supply chains and final manufacturing. And that won’t happen without a drastic shift in power away from the owner class, because that isn’t in its interest.

Our current system is going about how Marx predicted it would. The course correction that occurred after the Great Depression has been now completely reversed and we’re back staring at its approaching collapse. I don’t think we can escape that long term, and we’ll lose democracy in the process, unless we start moving away from capitalism. We gotta attack private firm ownership. Otherwise we’ll keep getting people accumulate enough capital to buy the rest of the system and steamroll the rest of us for profit.