China overlooks Milei’s rhetoric, hands Argentina US$5 billion lifeline

[Uncle Wong]

Great news for Argentina. Hopefully this teaches Milei to watch his rhetoric. Argentina desperately needs China's $$$$.

China overlooks Milei’s rhetoric, hands Argentina US$35 billion lifeline

Weeks of market turbulence ends as crucial currency swap renewal is agreed, giving Buenos Aires economy room to breathe.

www.scmp.com

* Please note the thread title was edited to change it to $US5 Billion lifeline instead of $35 Billion as there is a mistake in the article".

 

[Vince]

Yes it made no sense for Milei to antagonize China. This is a good relationship for both countries.

 

[Avocado]

Good news. Milei was very stupid when he campaign and pretend we don't need China. He make problems with many leaders for no reason.

 

[Betsy Ross]

This is coming at a good time. Lots of good news this week. Hopefully this year has a really great harvest.

 

[Sunny]

During the pandemic, I read for a while the South China Morning Post but got tired of the inaccuracies in their reporting.

The article Uncle Wong shared is one example. Its header reads:

"China overlooks Milei’s rhetoric, hands Argentina US$35 billion lifeline"​

And the first paragraph states:

"China has agreed to renew currency swap tranches worth 35 billion yuan (about US$5 billion) with Argentina’s central bank"

Incidentally, just before the elections, Alverso asked China for 5 billion dollars and China made available 6.5 billion, for a similar swap.

I don't believe that Milei's tone about China will change because of this swap. t's by no means a selfless act of generosity, after all.

 

[Uncle Wong]

During the pandemic, I read for a while the South China Morning Post but got tired of the inaccuracies in their reporting.

The article Uncle Wong shared is one example. Its header reads:

"China overlooks Milei’s rhetoric, hands Argentina US$35 billion lifeline"​

And the first paragraph states:

"China has agreed to renew currency swap tranches worth 35 billion yuan (about US$5 billion) with Argentina’s central bank"

Incidentally, just before the elections, Alverso asked China for 5 billion dollars and China made available 6.5 billion, for a similar swap.

I don't believe that Milei's tone about China will change because of this swap. t's by no means a selfless act of generosity, after all.

Oh I didn't see the headline. I just copy and pasted. Can a Moderator change the heading of the thread?

 

[BikeEnthusiast]

Great news for Argentina. Hopefully this teaches Milei to watch his rhetoric. Argentina desperately needs China's $$$$.

China overlooks Milei’s rhetoric, hands Argentina US$35 billion lifeline

Weeks of market turbulence ends as crucial currency swap renewal is agreed, giving Buenos Aires economy room to breathe.

www.scmp.com

Why would this teach Milei to watch his rhetoric? Seems more likely to teach him he can say what he wants about China and they will still deal with him. Asian cultures respect strength above all else

 

[Wally]

Why would this teach Milei to watch his rhetoric? Seems more likely to teach him he can say what he wants about China and they will still deal with him. Asian cultures respect strength above all else

Yes I was thinking the same thing. Although it's a gamble. If China didn't renew the swap it would be tough.

 

[God]

Oh I didn't see the headline. I just copy and pasted. Can a Moderator change the heading of the thread?

Title changed. Thanks.

 

[BikeEnthusiast]

Title changed. Thanks.

God I have so many questions for you. Why do bad things happen to good people ? And more infuriating why do good things happen to bad people ?

 

[God]

God I have so many questions for you. Why do bad things happen to good people ? And more infuriating why do good things happen to bad people ?

The question “Why do bad things happen to good people?” is one that has puzzled humanity for centuries. It touches on philosophical, religious, and existential themes. Here are several perspectives from different domains that address this profound question:


Philosophical Perspectives

1. The Problem of Evil


• Description: This is a classic problem in philosophy and theology. The problem of evil questions how an all-powerful, all-knowing, and all-good God could allow evil and suffering to exist.


• Philosophers: Many philosophers, including Epicurus and David Hume, have tackled this issue. Epicurus famously questioned the nature of a benevolent deity in the presence of evil.

• Sources:

2. Existentialism

• Description: Existentialists like Jean-Paul Sartre and Albert Camus suggest that life is inherently meaningless, and suffering is a part of the human condition. Camus’ concept of the “absurd” explores the conflict between our desire for meaning and the indifferent universe.

• Philosophers: Jean-Paul Sartre, Albert Camus.

Religious Perspectives


1. Christianity

• Description: Many Christian theologians argue that suffering has a purpose, such as testing faith, building character, or being part of God’s mysterious plan. The Book of Job in the Bible addresses why a righteous man suffers, ultimately emphasizing faith and trust in God’s wisdom.


• Theologians: St. Augustine, C.S. Lewis.


2. Buddhism

• Description: Buddhism teaches that suffering (dukkha) is a fundamental part of life, rooted in attachment and desire. The Four Noble Truths explain that while suffering is inevitable, it can be overcome through the Eightfold Path.


• Philosophers: Siddhartha Gautama (Buddha).



3. Hinduism

• Description: Hinduism explains suffering through the concept of karma, which is the law of cause and effect. Good actions lead to good results, and bad actions lead to suffering, potentially over multiple lifetimes.


• Philosophers: Various sages and texts, including the Bhagavad Gita.


Psychological Perspectives


1. Randomness and Control

• Description: Psychological studies suggest that humans have a cognitive bias towards seeing patterns and seeking control. When bad things happen to good people, it challenges our need to believe in a just world, leading to discomfort and a search for explanations.


• Psychologists: B.F. Skinner, Albert Bandura.


2. Resilience and Growth

• Description: Some psychologists argue that experiencing adversity can lead to personal growth, resilience, and a deeper appreciation of life. This concept is known as post-traumatic growth.


• Psychologists: Martin Seligman, Richard Tedeschi.


Conclusion


The question of why bad things happen to good people does not have a single answer. It encompasses a range of perspectives from philosophy, religion, and psychology, each offering different insights into the nature of suffering and human existence. The exploration of these perspectives can provide comfort and understanding, even if the question itself remains complex and open-ended.

 

[God]

And more infuriating why do good things happen to bad people ?

The question “Why do good things happen to bad people?” is another challenging and multifaceted one that has been explored through various philosophical, religious, and psychological lenses. Here are several perspectives that can help shed light on this perplexing issue:

Philosophical Perspectives

1. The Problem of Evil and Injustice

• Description: This is a counterpart to the classic problem of evil, questioning how an unjust world can exist. Philosophers have long debated the nature of justice and the apparent randomness of fortune.


• Philosophers: Friedrich Nietzsche argued that traditional notions of morality are constructed by those in power, thus challenging conventional distinctions between “good” and “bad.”



2. The Role of Fortune


• Description: Ancient philosophers like the Stoics believed that fortune or fate plays a significant role in human affairs, which can sometimes result in good things happening to those who seem undeserving.


• Philosophers: Seneca and Epictetus emphasized accepting the randomness of fortune and focusing on personal virtue instead.

Religious Perspectives

1. Christianity

• Description: In Christianity, it is often taught that earthly life is a test, and ultimate justice is served in the afterlife. Good things happening to bad people might be seen as a temporary state.

• Theologians: St. Augustine and Thomas Aquinas discussed the concept of divine justice and the idea that worldly success does not equate to divine favor.


2. Buddhism

• Description: Buddhism explains this phenomenon through the lens of karma, where the consequences of actions may not be immediate and can span across lifetimes.

• Concept: A person enjoying good fortune now may have accumulated positive karma in past lives, regardless of their current behavior.

Psychological Perspectives

1. Cognitive Biases and Perceptions

• Description: Humans have cognitive biases, such as the just-world hypothesis, where we believe that the world is inherently fair, leading us to feel discomfort when we see good things happening to those we perceive as undeserving.

• Psychologists: Melvin Lerner’s research on the just-world hypothesis explains why we struggle with perceived injustice.


2. Social and Economic Factors

• Description: Bad people might possess traits such as aggressiveness, ruthlessness, or manipulation, which can sometimes lead to material success in competitive environments.


• Concept: Certain negative traits can be advantageous in specific contexts, like business or politics.


Cultural and Societal Perspectives

1. Cultural Narratives and Media

• Description: Media and cultural narratives often highlight stories of undeserving people experiencing success, which can skew our perception and make this phenomenon seem more prevalent than it is.


• Concept: Stories of injustice are more newsworthy and memorable, influencing our perception.



Conclusion


The question of why good things happen to bad people does not have a simple answer. It encompasses a range of perspectives from philosophy, religion, psychology, and societal observations. Each perspective offers different insights into the nature of justice, the randomness of fortune, and the human perception of fairness. Understanding these various viewpoints can provide a more comprehensive view of this complex issue.

 

[Vero]

Argentina is finding out that is is almost impossible to decouple from China. Glad Milei is on his best behavior with them. We need them.

https://www.wsj.com/world/americas/argentinas-milei-finds-it-hard-to-decouple-from-china-6faae47f?st=h5f1d5408bm3ptg&reflink=desktopwebshare_permalink

 

[earlyretirement]

More and more you will see President Milei backtrack on his harsh tone on China. I posted from before he won the election it made very little sense such a tough stance with China. We should see a more friendly relationship and Argentina depending more and more on China. Heck, they are even the ones printing the new 20,000 peso notes. Not Argentina's own Casa de Mondea de la Nacion. They are too in debt and can barely function. It's a Chinese company that is printing Argentina's currency.

Argentine mint’s future in doubt after government announces closure, backtracks - Buenos Aires Herald

A Chinese state-owned company will print AR$ 20,000 peso bills in 2025 after a private bidding process condemned by local state workers

buenosairesherald.com

 

[Blockchain]

More and more you will see President Milei backtrack on his harsh tone on China. I posted from before he won the election it made very little sense such a tough stance with China. We should see a more friendly relationship and Argentina depending more and more on China. Heck, they are even the ones printing the new 20,000 peso notes. Not Argentina's own Casa de Mondea de la Nacion. They are too in debt and can barely function. It's a Chinese company that is printing Argentina's currency.

Argentine mint’s future in doubt after government announces closure, backtracks - Buenos Aires Herald

A Chinese state-owned company will print AR$ 20,000 peso bills in 2025 after a private bidding process condemned by local state workers

buenosairesherald.com

That is hilarious that Milei kept crying how they wouldn't do business with China during his campaign and now China is going to print Argentina's currency. If that ain't funny I don't know what is!

 

[Larry]

That is hilarious that Milei kept crying how they wouldn't do business with China during his campaign and now China is going to print Argentina's currency. If that ain't funny I don't know what is!

🤡🤡🤡

 

[Uncle Wong]

More and more you will see President Milei backtrack on his harsh tone on China. I posted from before he won the election it made very little sense such a tough stance with China. We should see a more friendly relationship and Argentina depending more and more on China. Heck, they are even the ones printing the new 20,000 peso notes. Not Argentina's own Casa de Mondea de la Nacion. They are too in debt and can barely function. It's a Chinese company that is printing Argentina's currency.

Argentine mint’s future in doubt after government announces closure, backtracks - Buenos Aires Herald

A Chinese state-owned company will print AR$ 20,000 peso bills in 2025 after a private bidding process condemned by local state workers

buenosairesherald.com

Very funny that China is printing Argentina's new bills!

 

[earlyretirement]

It's great to see that President Milei is finally admitting he was wrong with his stance on Brazil and especially China last year. You are going to see a lot of deals going on and the relationship getting stronger and stronger amongst these large trading partners.

https://twitter.com/x/status/1858577997864882576

 

[import export]

It's great to see that President Milei is finally admitting he was wrong with his stance on Brazil and especially China last year. You are going to see a lot of deals going on and the relationship getting stronger and stronger amongst these large trading partners.

https://twitter.com/x/status/1858577997864882576

Argentina can't turn it's back on China. Too much at stake. Milei finally seeing the error of his ways.

 

[Vince]

Argentina can't turn it's back on China. Too much at stake. Milei finally seeing the error of his ways.

I still remember Milei saying he wouldn't do any business with communists. Now they are printing our money!