this post was submitted on 05 Feb 2024
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[โ€“] Aria@lemmygrad.ml 28 points 2 years ago (1 children)

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.

[โ€“] yogthos@lemmygrad.ml 28 points 2 years ago* (last edited 2 years ago)

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.