If it wasn't collapsing, it wouldn't be in the red.
checkmate tankies
the higher they climb the faster they fall! got'em
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.
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.
If you hold that graph up to your ear, you can actually hear the liberals going "yes but actually..."
I did and they sent me this WSJ article
Shoot, I don't have it offhand but you should send the Ben Norton video back, where he talked about how China is letting their property sector fail in order to shift their economy to being focused on green energy and tech.
As well, he mentions how morally corrupt it is to use property as an investment and how shifting where your investments are is actually a better idea.
Tbf China’s economy is less decayed (there’s less surplus capital), but that’s not a point for capitalism.
As an aside - anyone know what’s going on in Germany? I was under the impression they were doing things pretty well over there
Much of German economy was supported by farming and manufacturing sectors. These were predicated on getting cheap energy from Russia to stay competitive. At the start of the war, German government provided subsidies to offset the shock of energy prices shooting up. The idea was that Russian economy would collapse quickly due to western sanctions, and then everything would go back to normal.
Now that subsidies are running out, Germany can't compete with manufacturing in places like China where there energy is much cheaper, and farmers are literally coming out with pitchforks because they can't make ends meet.
Very interesting. Thank you for the response! I’m a somewhat ignorant westerner so I always think of Germany as being very much a high end manufacturing and sciences based country - making fairly complex industrial machinery and precision tools and such. I didn’t know they relied on Russia so heavily, though I suppose it makes sense given its location.
Unfortunate that they didn’t take some notes from Frances book and get heavy into Nuclear.
Indeed, if Germany invested in alternative energy first then decoupling from Russia wouldn't have been such a big problem. For some weird reason German greens absolutely hate nuclear though.
There's a liberal trend in green politics here in the US that hates nuclear energy, also. They tend to justify the view by only ever bringing up the dangers of nuclear power, and arguments about nuclear waste (ignoring the fact we keep getting better in both these areas). I'm willing to bet the German greens hold the same views.
That's my impression as well. It's just kind of become a cult at this point with no rational thought behind it.
They tend to justify the view by only ever bringing up the dangers of nuclear power, and arguments about nuclear waste (ignoring the fact we keep getting better in both these areas).
I've even seen people like that on here before when the topic's come up too, it's an annoyingly common sentiment
I'm not surprised. I've seen a few green politics opinions here that seem idealistic or moralistic to me.
Good memes, bad memes, unite towards a united front.
