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Russia is in the Shitter due to war and China just imploded (see Stock Market / Shanghai index as well as Evergrande)
Which enemy are you trying to compare us to? Iran? North Korea? Taliban controlled Afghanistan?
US dollar is very strong.
But the comparison being made in the article is with Japan, the UK, Germany, etc.
Yeah, because those are the other nations with an actually improving economy.
I guess China nominally has 5%+ growth, but the stock market and unemployment makes it seem like a fake figure.
I’m not sure how long Germany and Japan will do well though. Demographically it’s as bad as China. The U.S. will be one of the few economic winners over the next couple decades
Germany and Japan don't have to worry about their largest Real Estate company being a massive fraud. (Evergrande) and that all the loans they issued going bankrupt. Both countries have (slightly) improving stock markets, while China's stock market has been in decline for years now.
China suffers from so much youth unemployment that they also stopped publishing the figure. Its... really really bad actually. All the signs are pointing to massive amounts of falsification of records, rather than being honest in China. Suggesting that yes, China's economy is terrible and they want to hide that fact from the world.
Japan and Germany have long-term problems. But China has short term problems occurring right now. Its not even comparable.