53
Commentators and Bourgeois economists always seem to be 5 years behind and utterly confused
(lemmygrad.ml)
Conetext:https://youtu.be/a6Qg8s_nvQs
this post was submitted on 29 Nov 2024
53 points (100.0% liked)
GenZedong
4322 readers
44 users here now
This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.
This community is for posts about Marxism and geopolitics (including shitposts to some extent). Serious posts can be posted here or in /c/GenZhou. Reactionary or ultra-leftist cringe posts belong in /c/shitreactionariessay or /c/shitultrassay respectively.
We have a Matrix homeserver and a Matrix space. See this thread for more information. If you believe the server may be down, check the status on status.elara.ws.
Rules:
- No bigotry, anti-communism, pro-imperialism or ultra-leftism (anti-AES)
- We support indigenous liberation as the primary contradiction in settler colonies like the US, Canada, Australia, New Zealand and Israel
- If you post an archived link (excluding archive.org), include the URL of the original article as well
- Unless it's an obvious shitpost, include relevant sources
- For articles behind paywalls, try to include the text in the post
- Mark all posts containing NSFW images as NSFW (including things like Nazi imagery)
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
"restart the economy"
If 6.1% real growth in household expenditure is bad enough to need a "restarting of the economy" and "rebalancing" then where the fuck does that put the west? Like it's one thing to put a neoliberal spin on things, it's another to simply talk about phantasms. I know that neolib standards were low, but not this low.
The only stats this mf quotes in the entire video are of a single data point from a single province.
Also, I shouldn't have to explain this, but obviously economic growth is driven by technological innovations (and increasing the people's access to existing innovations). Guy accuses tech investments for being unsustainable. His solution to increasing Chinese GDP "sustainably"? "Rebalance the economy". Surely that's something that can be done over and over again, right? We know because the great overlords of our great society come out with new "business model innovations" on a monthly basis.
I find it somewhat humorous as well how the whole economic and geopolitical strategy of the CPC is boiled down to "Xi said". Lol ok.
Edit: He mentions the cost of the bridge. He does get it wrong by 3 orders of magnitude, making it seem as if the bridge cost 140 billion dollars (which would make it almost 66% of china's military budget lmao.