• Awoo [she/her]@hexbear.net
    link
    fedilink
    English
    arrow-up
    5
    ·
    11 months ago

    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.

  • marx_mentat [he/him, comrade/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    2
    ·
    11 months ago

    There’s something extremely funny about the president of the US looking at what’s going on China and saying out loud, “Their economy is a ticking time bomb.” This is almost an onion news story.

  • gnuhaut@lemmy.ml
    link
    fedilink
    arrow-up
    3
    ·
    11 months ago

    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.

    • ImplyingImplications@lemmy.ca
      link
      fedilink
      arrow-up
      3
      ·
      11 months ago

      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.

      • somename [she/her]@hexbear.net
        link
        fedilink
        English
        arrow-up
        2
        ·
        11 months ago

        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.

      • Frank [he/him, he/him]@hexbear.net
        link
        fedilink
        English
        arrow-up
        1
        ·
        11 months ago

        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.

  • btbt [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    11 months ago

    biden-troll Don’t worry about having to work 30 hours a day at the sisyphean torture factory to be able to afford your ten square foot apartment Jack, look at what’s going on in China! A sexpat YouTuber who got kicked out of the country says their economy will collapse any minute now! Don’t trust any of the actual data on China’s economy, you can’t fall for those [REDACTED] and their tricks, Jack! They’re weak even though we say they’re strong! THEY’RE WEAK EVEN THOUGH WE SAY THEY’RE STRONG!

  • Flinch [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    0
    ·
    edit-2
    11 months ago

    Man leading country with the largest homeless population in the world says country which eliminated extreme poverty within its borders is about to collapse, of course this is true and should be taken seriously very-intelligent

    • SpaceCowboy@lemmy.ca
      link
      fedilink
      arrow-up
      0
      arrow-down
      1
      ·
      11 months ago

      China has massive demographic problems stemming from decades of the one child policy.

      So the “new federation” is just going to be made up of mostly elderly Chinese (because of the one child policy) and elderly Russians because the young people died fighting in Putin’s stupid war or left before they could be drafted.

      Yes comrade, the future will be run by elderly fascist federation LOL.

      Fascism is a self-destructive thing, we’re seeing it happening in Russia, and we’re starting to see the signs of China’s fascist regime (ironically called a Communist Party) self-destructing.

      • AntiOutsideAktion [he/him]@hexbear.net
        link
        fedilink
        English
        arrow-up
        1
        ·
        11 months ago

        For the second time I beg of you please pin down what a fascism is

        you just said two countries with completely different economic and political systems are both doing a fascism

        please what is it

      • kristina [she/her]@hexbear.net
        link
        fedilink
        English
        arrow-up
        1
        ·
        edit-2
        11 months ago

        idk if youve read any of the papers on AI research coming out of china like i have (i translated them from mandarin to english), but they have little concern for the economics of this, the CPC’s goals are to increase automation so less people output more, and have been doing so in the construction sector at a breakneck pace. china recently built the world’s largest hoover-like arch dam in four years (which would usually take 12-16 years in other countries with modern standards), and plans to reduce it even more down to two years, all while cutting the number of people working on the project. theyre basically ‘3d printing’ dams by having robotic cement trucks act as extruders and have automated sensors that determine the density of concrete to insure safety. workplace accidents are very down as well.

        also idk if you know this, but china is increasing reliability and durability of appliances and making it easier to hotswap factories from different types of production easier in order to meet public demands for goods. theyre really a powerhouse scientifically, and are focusing on far more important issues than the west are

  • maynarkh@feddit.nl
    link
    fedilink
    arrow-up
    0
    ·
    11 months ago

    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.

    • FakeNewsForDogs [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      1
      ·
      11 months ago

      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.

      • MrSpArkle@lemmy.ca
        link
        fedilink
        arrow-up
        0
        ·
        edit-2
        11 months ago

        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.

        • Flyberius [comrade/them]@hexbear.net
          link
          fedilink
          English
          arrow-up
          0
          ·
          11 months ago

          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.

          • MrSpArkle@lemmy.ca
            link
            fedilink
            arrow-up
            0
            ·
            11 months ago

            The Chinese propaganda made to counter the satellite images, testimony from victims, and video evidence consists of some YouTubers visiting the same handful of uncomfortably smiling Uyghur families under the careful eye of Chinese censors and fluff pieces that amount to “nuh-uh”.

            China is trying to erase the culture of people within their borders, again, and there is a long tradition of this forced assimilation in China. They are not pluralistic, and don’t want to be, and their attitude towards non-chinese within their borders lead me to have very low expectations on how they will treat minorities outside.

          • u_tamtam@programming.dev
            link
            fedilink
            arrow-up
            0
            ·
            11 months ago

            It could be that. Or it could be the exact opposite (which it is, would you want to see my hukou?), and the fact that you can’t tell the difference while thinking that you could and that it matters makes you an angry little person.

            • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
              link
              fedilink
              arrow-up
              0
              arrow-down
              1
              ·
              11 months ago

              The fact that all you ever do here is shit on China shows what your agenda is buddy. The only angry little person here is the one who can’t say a single nice thing about a country that’s lifting millions of people out of poverty each and every year.

              • u_tamtam@programming.dev
                link
                fedilink
                arrow-up
                0
                ·
                11 months ago

                “agenda”, I like how you make it sound like my posts are some kind of greater, organized operation or conspiracy. Projection maybe? Because between the two of us, you are the only one whose post history is consistently made of political activism disguised as news. Not that it automatically makes you a bad person, but you can’t reasonably expect people to take you and your opinion seriously when you have the pretence to simultaneously speak from position of authority on geopolitical topics as broad as China, Russia, West Africa, North America, Central America, Eastern Europe, all at the same time. You should realize that you can’t possibly have such a broad life exposure, or your time would be better invested outside of Lemmy, don’t you think? The only reasonable alternative, and sad reality, is that you are just repeating talking points conveniently arranged for you and repeated inside your echo chamber.

                As of me, I am equally entitled to my own opinions, equally partaking to information bubbles, with the difference that my life is actually forever bound to China and that I can legitimately pretend that I have something to contribute to that discussion. Unlike you, I am not brigading from a far-away continent. I don’t “shit on China”. Had you any idea of my situation, you wouldn’t even think of saying something like that. You do may find that some of what I have to say on certain topics is contrary to your ideals, but so is China: it isn’t the monolithic strong fortress people make it to be in the media (in either side of the discourse).

                • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
                  link
                  fedilink
                  arrow-up
                  0
                  arrow-down
                  1
                  ·
                  11 months ago

                  I’m actually pretty open about my political activism. I’m not disguising anything. Having grown up in USSR, and moved around the world a lot, I do think I have a much broader exposure than majority of people. The fact that you presume to know so much about me exposes the sad reality about you projecting what you know of yourself to be true onto others I’m afraid. I also love how you accuse me of doing what you yourself regularly do here, unless you’ll have us believe that you have some deep expertise on the political situation in Africa. Seems to me that you’re trying to speak from position of authority in comments such as this one, while clearly demonstrating utter lack of knowledge on the subject. I don’t know why you felt the need to be “brigading” that far away continent.

                  Meanwhile, nowhere have I claimed that China is some monolithic strong fortress or that there aren’t legitimate problems in China. My only claims has been that despite the problems China has, it shows a better alternative to what the west is doing. While you seem to be fixating on problems such as unlimited freedom of expression, that affects a tiny majority of the people, I’m looking at the problem of meeting the material needs of the people. China has done a far better job in ensuring that people have things like food, housing, education, and healthcare than the supposedly enlightened western liberal societies.

                  To sum up, you pretend to have some sort of high ground and sling feces at me, but the only difference is that you support western empire and all its horrors whether you realize it or not.