If you think China’s economy is a time bomb wait til you hear about what it means when the dollar is no longer the reserve currency around the world.
Yeah yeah, I’ve heard that before. There’s a whole cottage industry of “experts” that have predicted the imminent collapse of China going back decades. Call me when it actually happens.
China’s economy is stacked like a house of cards and could come crumbling down due to some unforeseen global financial shock, but then again that sounds like most modern economies. I think people just pick on China because, instead of having a group of billionaires stack up the cards, the government does it themselves.
Even if that shock happens, China will still be in a better situation. Like, they actually manufacture stuff there, and the government builds infrastructure aggressively. That’s two massive benefits to economic security and health.
But what if all that high speed rail disappears, huh? Didn’t think about that, stupid tankie.
Do you repeat something you heard there or can you in detail describe how the worlds greates manufacturing Hub is a economy build on Cards…
Well, actually it’s because China’s roaring economic success is both deeply embarassing and existentially dangerous to international fascism and it is absolutely vital that they both discredit China and prevent their thoroughly indoctrinated population from learning anything about China at all costs.
The Chinese government stacks the cards though it actually has the capability to use some toothpicks to hold them in place, and will immediately rebuild it things start to fall apart.
To contrast, the US will flounder and pull their one “low interest rates” lever while having a political blowout over some sort of stimulus funding package that probably won’t pass.
President of the Ticking Time Bomb Republic says that the country that hasn’t had a recession in 45 years is “in trouble” and that their 5.2% GDP increase projected by the IMF is “weak growth”.
Remeber when the US economy collapsed in 2007 and ever since then it’s been propped up by speculation, free money, zomvie companies that cannot and will never turn a profit, bailouts, and outright fraud, all while the living conditions of the people continue to decay and live expectancy plummets?
I don’t know about China, but Biden is really throwing stones from glass houses here as the leader of a country which is teetering on the edge of civil war, had a full blown insurrection in the past few years, and not only has it failed to prosecute the leader and instigator, it has allowed him to run for election again and there is a possibility of him being elected.
And this is not mentioning that so many in the highest offices “on both sides” are so hilariously corrupt in a country with its national ethos being “the land of the free”.
I’m not happy about this by the way, I don’t think a world order built by China would be better than the shitty one we got from the US.
How do we not have a third precinct burning emoji? Anyway, there were two insurrections. Don’tu forget the millions of brave people who rose up in the largest protest action in American history, bolstered by millions of comrades around the world, to fight back against the tyranny and oppression of the rabid pigs America deploys as cops.
It 100% would be better. There is nothing in modern Chinese history that remotely approaches the level of imperial devastation the US has wrought on the world. This is not up for debate by any serious person. How many countries has China invaded recently? How many coups have they instigated? Is their “foreign aid” designed to help countries develop, or to extract as much wealth as possible while keeping them impoverished, underdeveloped, and dependent on the west for their most basic needs? Has the standard of living in China been going up or down in recent decades? Now ask yourself the same questions about the US.
I don’t think a world order built by China would be better than the shitty one we got from the US
I do to be honest.
I’d rather be under the rule of a hegemony that is composed of many different cultures and in the process of healing than one who is still actively genociding their minorities.
EDIT: Welp, I guess there is no war in Ba Sing Se. Ya’ll are expert brigaders, well done.
If we pretend that what the USA does to its own people is acceptable, you still have to consider what it does to the rest of the world. I’m sorry, but in light of all the evidence, I see the US hegemony as evil. I also doubt the western media’s portrayal of the Uyghur “genocide” and I don’t agree that China is in the process of a Holocaust against its own people.
I’m lucky enough to have a job that puts me in contact with a lot of countries all over the global south of the world, and the general opinion from all of them is that China is a lot better prospect than old Western imperialism.
Less than 10% of Native Americans can speak their native language. How many Uighers and Tibetans can speak theirs?
Have you been to a reservation? I remember one that we drove through in Arizona, the Hualapai. It wasn’t just a desert, but a salt flat, utterly devoid of vegetation. Along the road, you had dilapidated pre-fabs, occupied of course by the victims that had been placed here. Not all reservations are as harrowing. I’ve visited the Navajo Nation, as well as Lakota and Ute reservations. Poverty is intense, and people do the best they can, but the reality is that these people had their lands stolen from them and were forced to the most marginal places in US, unsuitable for much agriculture and barely suitable for ranching.
There is no healing in these places, rather the victims of genocide are constantly blamed for their own poverty by the settler communities stole their land. The native peoples were devastated by covid due to the lack of healthcare resources as well.
Let’s look at the Black American community as well. It was just 3 years ago that the US had its largest protest movement in history against the police killings of unarmed Black men. And what was the response by the government and media? After a moment of groveling, to take back all promises of reform and instead funnel even more money to an increasingly militarized police force, and to engage in a panicked sensationalized crime wave reportage. Police killings continue (1 in 20 homicides are perpetrated by the police), and the economic situation hasn’t improved much for Black Americans since the Great Recession lead to a massive seizure of Black household wealth.
The situation in the US isn’t healing, it’s an oozing pustulate sore. There has been a failure to reinforce voting rights, and anything like reparations, even just targeted relief, is considered a joke and a non-starter in the halls of power. The only healing is in the minds of libs that think that donning Kente cloth and watching Black Panther constitutes absolution.
This of course is to say nothing of the murderous wars waged by the US in Iraq, Laos, Vietnam and elsewhere, and the genocides it co-sponsored in Guatamala and Indonesia. Or the general neo-colonial global financial mechanisms that lock the third world into permanent debt traps and underdevelopment.
Ya’ll are expert brigaders, well done.
It’s a frontpage post dumbass 💀 we’re not brigading we’re just commenting on the post that appears on our feeds
I’d rather be under the rule of a hegemony that is composed of many different cultures and in the process of healing than one who is still actively genociding their minorities.
Source: Adrian Zenz
China has 56 different major ethinicities and 5 different autonomous regions. The only racist here is you, for believing this shit and knowing nothing about the country. The two fastest growing ethnicities in China are Tibetan followed by Uighur.
They’re at least building green energy and trains lol. And less wars. Already better.
I’m going there in February for a few months, that’s a start. Looking forward to it.
A great way to tell us you’re a chauvinist who doesn’t know anybody who lives in China and never been there.
China is a socialist state.
“Capitalism with Chinese characteristics” is socialism now?
Capitalism with Chinese characteristics
One little mistake though. It is actually Socialism with Chinese characteristics
It’s more about trajectories. In China, statistics such as life expectancy keep going up, and have actually overtaken the US, whereas these quality of life indicators in the US are stagnating or even going down. Is China an ideal society at this point? Of course not, but one can still recognise what has been accomplished by their plans, weather you want to call it state capitalist, socialist or whatever other label, the results are there when compared to the quality of life 40 or 50 years ago.
That’s why it’s pretty funny for Biden to try deflect to China.
Don’t know what any of this has to do with sexual violence though.
Political elites allowing a certain segment of the society they lord over to not be mired in poverty to better secure their own power and privilege is no sign of “progress” - as the US proves, such economic manipulation can be very temporary.
sexist weirdoes on lemmy stop using sexual violence to refer to anything challenge [impossible]
I’ve been describing capitalism as “rapacious” for about a decade now - because that’s what it is.
It’s interesting that it only becomes a problem when China’s capitalist exploitation becomes a point of discussion.
as someone that lives under capitalism and has had that horrible thing happen to me, no, no it is not the same. two things can be awful without being the same
Well the important thing is you found a way to feel superior to both of them.