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The Soviet Reporter@lemmygrad.ml to GenZedong@lemmygrad.ml · 1 year ago

China's economy is not 'collapsing'. It's transitioning.

youtu.be

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China's economy is not 'collapsing'. It's transitioning.

youtu.be

The Soviet Reporter@lemmygrad.ml to GenZedong@lemmygrad.ml · 1 year ago
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Western media outlets have absurdly claimed China's economy is collapsing, due to a crisis in the real estate sector. But in reality, this is part of an inte...
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  • SuperZutsuki [they/them]@hexbear.net
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    1 year ago

    I’m so happy for her

    • nohaybanda [he/him]@hexbear.net
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      1 year ago

      sicko-fem PRC-emblem

  • BenEarlDaMarxist@lemmygrad.ml
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    1 year ago

    West is in shambles that China is not collapsing immediately.

    • Tankiedesantski [he/him]@hexbear.net
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      1 year ago

      The West doesn’t want to admit that it would be in even worse shambles if China did collapse.

      • nohaybanda [he/him]@hexbear.net
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        1 year ago

        The vast majority of westerners have financier brain and are incapable of formulating a causal relationship between the two. Libs will look you dead in the eye and tell you how they just need to move the money elsewhere and industrial capacity will magically come out. De-industrialization and neoliberalism have unmoored their economic thinking from any kind of materialist analysis of the world, it’s all just (racist) vibes. “China is getting uppity thinking it can be an economic powerhouse but wait and see how their economy will collapse and we’ll be on top again.” is a fucking wild statement in a world where China closed a couple of seaports and entire industries ground to a halt in the West.

  • PolandIsAStateOfMind@lemmygrad.ml
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    1 year ago

    due to a crisis in the real estate sector

    Huh they really think economy is just rent and finance?

    • knfrmity@lemmygrad.ml
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      1 year ago

      They can’t comprehend real estate being anything other than rentierism and speculation.

      • PolandIsAStateOfMind@lemmygrad.ml
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        1 year ago

        Well to be fair changing the approach to land and housing will absolutely cause crashing their entire renter economy to the ground, but still, they are more stuck in and delusional than even the Russian aristocrats in beginning of XX century.

    • lil_tank@lemmygrad.ml
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      1 year ago

      That’s been the mainstream conception of “economy” for half a century

    • REEEEvolution@lemmygrad.ml
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      1 year ago

      Burgers think so, never experienced anything else.

  • Toenails02@lemmygrad.ml
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    1 year ago

    Ben Norton is one of the best journalists out there

  • DamarcusArt@lemmygrad.ml
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    3 months ago

    deleted by creator

  • Rania 🇩🇿@lemmygrad.ml
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    1 year ago

    Hell yeah trans rights

  • TankieReplyBot@lemmygrad.mlB
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    1 year ago

    I found a YouTube link in your post. Here are links to the same video on alternative frontends that protect your privacy:

    • yewtu.be
    • inv.nadeko.net
    • yt.artemislena.eu
    • piped.video

GenZedong@lemmygrad.ml

genzedong@lemmygrad.ml

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