this post was submitted on 12 Sep 2024
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the_dunk_tank

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smug-explain The stupid tankies have failed to consider that I’ve created a nonfalsifiable scenario in my mind just now so actually it’s a bad thing when your industry is good smh. I know for years I’ve said it was a good thing to have strong industry and also have repeatedly explained how deindustrialization was bad and now I want to reindustrialize my own nation, so here’s a 15 minute video (NOT COPE!) on why good industry is bad but only for China.

Link to the video

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[–] Infamousblt@hexbear.net 42 points 1 month ago (1 children)

See actually industry is only good when it goes through massively unsustainable boom and bust periods driven solely by speculative investment. When your economic backbone is actually building tangible products well that's just a recipe for disaster

[–] CoolerOpposide@hexbear.net 33 points 1 month ago

And you didn’t even mention the fact that China’s industrial economy is actually suffering immensely from carrying around all of the money it is making. If China could just make less money, it wouldn’t have to worry about lugging around all of these fat stacks of cash to the innovation department anymore. That means employees will have more time to work, which in turn gives China the opportunity to improve quality of life for the most important people in the economy: the shareholders.