• cayde6ml@lemmygrad.ml
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      12 hours ago

      Gordon Chang after all this goddamn time still insists that this year is when China will collapse. Some horseshit about real estate banking and the SEE-SEE-MAI-PEE-PEE being unable to pull another “2011” type of alleged economic rescue.

      Nearly every single time someone accuses China of allegedly having a terrible economy, I feel like punching a goddamn wall.

      If China is considered terrible, I’d hate to see what anti-communists consider to be a “good” or horrible economy.

      I think most people would rather have a “terrible” economy where all of their basic and most of their advanced needs and desires are met, with alleged “overcapacity” to spare, rather than a shithole fascist country where it costs an hour’s salary to buy a fucking carton of milk, and rent that’s even more expensive than your goddamn wage.