▲ | mallowdram 10 hours ago | |||||||
The US doesn't course-correct, it barrels through when the outcome is appalling (1933) and when the leadership takes advantage of a break in the pattern (1964/1981). The immobility of the US political system indicates it is ready to be broken in half, the reality of corporatocracy is that it is an endgame to itself in arbitrariness. Whereas all China has to do is exert its state economy leverage once the West's corporations/bonds evaporate. The Chinese see resonance, interdependence, relationships. It's baked into their language. We see attributes, objects, units, individuals. We imposed these onto their businesses for the last 30 years, but don't think for a second we've dominated their culture. They are now far more able to use their language's inherent forms as guides to the economy. | ||||||||
▲ | nradov 9 hours ago | parent | next [-] | |||||||
That's a bizarre non sequitur. Language has nothing to do with economics. | ||||||||
▲ | christkv 10 hours ago | parent | prev [-] | |||||||
You are to captured by your ideology. It does not really matter what you personally think about. The thing is that the EU has completely failed as a union to provide the economic growth we need and has no plan on how to address this. We are completely export dependent (about 50% of GDP, meaning any world economic crisis will cause massive unemployment and fiscal crisis) and our internal market has withered and the purchasing power is plummeting. China is going to do what China does but it's economy is in tatters something you would probably know if you actually looked at what is happening with their economy. Combine that with the same demographic crisis as EU and you have another country that might have already hit it's economical peak. The leadership is showing no ability to create an internal market and is busy stomping out any dissent internally as economical reality sets in and people loose jobs and their future. Unless their turn their economy around creating an internal market any international economic crisis will collapse their export oriented economy. | ||||||||
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