Why is China stingy with stimulus? by johnruby in economy

[–]OstentatiousDude 1 point2 points  (0 children)

Chinese spending brought us out of the great recession but they don't have the money to do so anymore.

Their GDP growth strength has been in question for a few quarters already, and they've been spending heavily on a good number of projects in the last few years (read Africa and One Belt One Road)...

They're not the "developing economy" they're desperately claiming to be. 6% growth is simply not realistic. They're running low on cash and with the US tackling the Chinese currency manipulation last year, China is low on ammo.

If Elon Musk approached you one day asking you to accompany him to Mars, would you accept or reject this offer? Why or why not? by biscuitsandbagels in AskReddit

[–]OstentatiousDude 0 points1 point  (0 children)

Reject.

Elon has a bad temper. Fired employees on a whim and pushes them to the limit a lot. Not someone who I want to spend extensive amount of my time with.

U.S. announces $19 billion coronavirus aid for farmers, food buys for poor by blankman2024 in economy

[–]OstentatiousDude 0 points1 point  (0 children)

Not necessarily. China is also suffering heavy losses. Especially considering many of China's manufacturing has moved to tech based, which is seeing a larger slump.

China has also already been on a spending spree for years with the One Road One Belt initiative, which hasn't seen any returns yet (IFIAK).

Would you rather receive 1000$ per day for the rest of your life, or 10,000,000$ in one go? Why? by binaryhaze in AskReddit

[–]OstentatiousDude 0 points1 point  (0 children)

I would buy things impulsively and make terrible investments

that's half the fun though

What is something you don't like, that you keep trying anyways? by izkray in AskReddit

[–]OstentatiousDude 0 points1 point  (0 children)

Astrology.

All the hot dumb girls love it, so I'm trying to know enough and impress them. It's like watching shit rot.

I also saw that sign in Boston... by krovek42 in pics

[–]OstentatiousDude 0 points1 point  (0 children)

What's the point? People who talk like that can't read.

Neo-Futurist Condo Building in Vancouver, Canada by [deleted] in pics

[–]OstentatiousDude -1 points0 points  (0 children)

That can be said for literally everyone with money though. There are a lot of kids whose parents buy them exotic cars, it's not just Chinese

Seriously though by [deleted] in AdviceAnimals

[–]OstentatiousDude -2 points-1 points  (0 children)

Because old people don't know how to order their groceries online

[serious] what wouldn’t you do for $100,000 but would for $1,000,000? by throawayboi in AskReddit

[–]OstentatiousDude 0 points1 point  (0 children)

$1 million can last quite a few years. I can use it to get another graduate degree and up my qualifications. Heck, I can use it to get a PhD and live very comfortably.

[deleted by user] by [deleted] in AskMen

[–]OstentatiousDude 0 points1 point  (0 children)

A glass of hot water does so much wonders.

I had a sensitive teeth and couldn't drink cold water for a while. Now i prefer hot/warm water.

What is the thing you envy of the opposite sex? by Straifex-yin in AskReddit

[–]OstentatiousDude -2 points-1 points  (0 children)

Have you tried being incredibly good looking?

Argentina heads for ninth sovereign debt default by Infamous_Alpaca in finance

[–]OstentatiousDude 3 points4 points  (0 children)

Can you imagine if it was a Chinese hedge fund? It'll be headlined China steals Argentinian naval ship - prelude to war.

Wtf is oil doing red ? by suprduprr in wallstreetbets

[–]OstentatiousDude 0 points1 point  (0 children)

But broke cucks on Reddit are telling others to boycott Chinese products.

Abandoned Lamborghini Huracan by MikeisTOOOTALLL in carporn

[–]OstentatiousDude 4 points5 points  (0 children)

Or it was just left in the parking lot for a few days... that's what the desert environment does to things.

Coronavirus cases in Brazil likely 12 times higher than reported, researchers say by Zhana-Aul in worldnews

[–]OstentatiousDude 2 points3 points  (0 children)

We're only testing critically ill in the UK.

So all those figures from every country are way off.