https://www.nytimes.com/2024/04/15/business/china-gdp-q1.html
it is 2022, the libs say China will not recover from post COVID lull
it is 2021, the libs say China will not recover from harsh, extended COVID lockdowns
it is 2019, the libs say China will not recover from international backlash for cracking down on Hong Kong riots
it is 2018, the libs say China will not recover from international backlash over Adrian Zenz’s fever dream the Uyghur genocide and Trump’s trade war with China
it is 2016, the libs say China will not recover from an aging population and a lack of youth to replace them due to the one child policy and wasting money on an aerospace program
it is 2014, the libs say China will not recover from Xi’s crackdowns on corruption and corporate greed, military spending and renewed efforts to claim the South China Sea
it is 2010, the libs say China will not recover from wasting trillions into a national high speed rail system
It’s some comfort to know that libs are probably going to be mad about China’s economy for the rest of my life. Any time I want, for as long as I live, I can go on the internet and read a brand new article about how China is going to collapse any day now.
That collage showing many youtube videos with Xi Jinping and announcing the imminent end of the CPC brings me immense joy
This book published in 2001 predicted China would collapse by 2011. In late 2011 the author adjusted the prediction to 2012, and to “bet on it”. I doubt bookies take those kind of bets but I hope he lost money on it.
He had the wisdom to not make another specific prediction since, unlike the China Bad YouTubers.
He had the wisdom to not make another specific prediction since,
Should’ve known that from the beginning, that’s prophecy grifting 101.
American liberals and conservatives have a sub-Charlie Brown level of intellect.
Kick the football, I’m not going to pull it away at the last second this time.
Oh no! Cheap products!
But at what cost?
Little
I thought that was one of the things that was supposed to be good about capitalism
Yes but if goods are too cheap then my CEOs will no longer want to contribute to our society and instead contribute to the enemy’s society
other countries are worried about a flood of Chinese goods
even when they aren’t talking about people libs can’t help but characterize everything chinese as an oriental mass
“their affordable EVs and solar panels will blot out the sun!”
“Then we shall criticize China from the shade”
Being a flood that overwhelms whitey
Chinese people
Latin peoples
Free trade… NO NOT LIKE THAT
Shit, who knew that having an economy which doesn’t run on financial parasitism was a good idea
Edit: added financial to parasitism, because these mf capitalists still stealing
Liberals are telling on themselves when they’re wholly unable to envision how a different society with a different economic system would handle issues.
“Haha, China’s finished, their real estate will crumble and trying to bail out the banks and the developers will bankrupt the government and make the people revolt! This will be 2008 times a hundred!”
China: instead of providing a golden parachute to the bourgeoisie, provides silver parachutes to the people affected. Economy doesn’t collapse, if anything it recovers faster than predicted.
“Ok they’re doing it wrong, unfair, but their manufacturing won’t recover because of their aging population and fewer young people to replace them in the workforce”
China: unprecedented rise in automation in manufacturing
“…ok surely the next thing will cause China to collapse”
Not for much longer, hopefully. They’ll likely have served their purpose soon
Tfw China beats the capitalist countries at their own game (by “flooding the markets” with their goods)
Supply vs Demand stans when someone out of their control are the suppliers:
“They’re ruining Caviar/Diamonds/EVs/Microprocessors/etc”
“Free market is bad in this instance, trade protectionism now! Regulate regulate regulate regulate!”
L(Mao) fr
Lol they’re not gonna regulate shit. I wish the US did pull back production because I believe it would ignite the labor struggle again, but ultimately they’re just gonna complain and do nothing
China, like a star is in the perpetual state of collapse, which is precisely why its so stable
