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submitted 1 year ago by [email protected] to c/[email protected]
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[-] [email protected] 74 points 1 year ago

If it wasn't collapsing, it wouldn't be in the red.

[-] [email protected] 42 points 1 year ago

checkmate tankies

[-] [email protected] 26 points 1 year ago

the higher they climb the faster they fall! got'em

[-] [email protected] 58 points 1 year ago

Lol at the UK just making shit up.

[-] [email protected] 30 points 1 year ago

Making shit up and still getting beaten by the "lazy" French and Italians.

[-] [email protected] 23 points 1 year ago

UK's books are in the black again because they ran out of red ink

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[-] [email protected] 45 points 1 year ago

I think when the highest quality most respected China collapse preachers say collapse, they mean entering a Japan style stagnation. I'm not sure, because that would require me to consume a lot of China collapse preacher content, but I think that's how they can justify the narrative across different levels of seriousness.

[-] [email protected] 54 points 1 year ago* (last edited 1 year ago)

Even that narrative is fundamentally flawed because Japan's stagnation in the 80s was a direct result of US imposing Plaza Accords on Japan. There is no opportunity for US to do the same with China.

[-] [email protected] 32 points 1 year ago

It makes more sense if you look at it as a declaration of intent

[-] [email protected] 24 points 1 year ago
[-] [email protected] 40 points 1 year ago* (last edited 1 year ago)

If China can manage to turn its industries and markets to an internal production/consumption model and reduce its reliance on being an export economy, it would be much better off even without the massive growth. Growth will have to stop at some point, and the focus will be on stability, since China hasn't made any indications it'll try to fuel growth through imperialism like western economies have. Japan style stagnation would be not so terrible if your society is socialist.

[-] [email protected] 25 points 1 year ago

hopefully they would ramp up the social services to at least socdem levels in that scenerio

absolutely shame the west

[-] [email protected] 28 points 1 year ago

Even with the current model of state directed capitalism, the amount of investment into social services and poverty reduction already shame the west. China isn't yet in a position to press the communism button, but once the threat of America and it's puppets decline there may well be a pivot.

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[-] [email protected] 32 points 1 year ago

respected China collapse preachers

I assume this is read in the same way as "feminist ISIS member".

[-] [email protected] 40 points 1 year ago

If you hold that graph up to your ear, you can actually hear the liberals going "yes but actually..."

[-] [email protected] 38 points 1 year ago

yeah so many propagandists point to the slow down in economic growth from "socialist god" levels to "economic miracle" levels and are like china is falling apart they are due for a depression any day

[-] [email protected] 29 points 1 year ago

Gotta have a reason to keep those Gordon Chang books on the shelf.

[-] [email protected] 25 points 1 year ago

Lmao at Germany. Imagine letting America completely demolish your economy like this and still following them around like a dog. "Um it was probably Polish revanchist terrorists or something that blew up the pipeline, definitely not the one actor in the vicinity that had the means and motive to do it."

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[-] [email protected] 23 points 1 year ago

Tbf China’s economy is less decayed (there’s less surplus capital), but that’s not a point for capitalism.

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this post was submitted on 05 Feb 2024
209 points (94.5% liked)

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