If it wasn't collapsing, it wouldn't be in the red.
this post was submitted on 05 Feb 2024
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checkmate tankies
the higher they climb the faster they fall! got'em
Lol at the UK just making shit up.
Making shit up and still getting beaten by the "lazy" French and Italians.
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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.
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.
It makes more sense if you look at it as a declaration of intent
true
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.
hopefully they would ramp up the social services to at least socdem levels in that scenerio
absolutely shame the west
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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respected China collapse preachers
I assume this is read in the same way as "feminist ISIS member".
If you hold that graph up to your ear, you can actually hear the liberals going "yes but actually..."
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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
Gotta have a reason to keep those Gordon Chang books on the shelf.
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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Tbf China’s economy is less decayed (there’s less surplus capital), but that’s not a point for capitalism.
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