• 15 Posts
  • 322 Comments
Joined 1 year ago
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Cake day: November 21st, 2023

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  • I love having a community where I can continue spreading news like “China economy collapsing” and ignore the unreliable numbers from Caixin and S&P that are reporting manufacturing PMI of 51.1 (official number: 50.8), services PMI being above 50 for months, and unreliable numbers from Citi raising growth forecasts to 5%.

    In fact, it’s much better to have a community to critique Chinese companies for the absolute horror of daring to “dump” clean energy resources on the open market at such a low cost that they can only make small profits. This is a real danger to the stability of fossil fuel prices which form the backbone of conventional energy markets.