▲ | jm4 4 days ago | |||||||||||||||||||||||||||||||||||||||||||
I don’t want either of them, but credit where credit is due. China is doing well as a country and the standard of living has increased even if it’s under an authoritarian regime. I wonder how long that will last. Meanwhile, the USA is becoming Russia. Basically a bunch of misinformed morons living in the past and thinking we are on top of the world while we accelerate towards irrelevance on the global stage if not for a massive stockpile of nukes. | ||||||||||||||||||||||||||||||||||||||||||||
▲ | neves 3 days ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||||||||
Remember that you can't have a democracy and increase the standard of living of your people and don't have USA planning a coup. | ||||||||||||||||||||||||||||||||||||||||||||
▲ | at-fates-hands 4 days ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||||||||
>> China is doing well as a country and the standard of living has increased even if it’s under an authoritarian regime. What do you mean "doing well"? https://asiatimes.com/2025/05/chinas-economy-on-cusp-of-a-de... May 2025: Tariffs are drying up international demand for Chinese goods, and in a bid to keep factories alive, Beijing is urging exporters to turn inward. However, that pivot is compounding the very problem it aims to solve. Deflation isn’t an abstract threat in China anymore—it’s visible across the economy. After barely holding above zero for much of 2023 and 2024, consumer prices have now dropped for two straight months. Producer prices have fallen for 29 consecutive months. March’s figures showed the sharpest drop in four months, and forecasts point to an even steeper decline in April. | ||||||||||||||||||||||||||||||||||||||||||||
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▲ | 4 days ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||||||||
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