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stanleykm 2 hours ago

You need to stop watching those “China is gonna collapse any minute now…” youtube videos

GlickWick 2 hours ago | parent [-]

I don’t. I do read major reputed economists though, and they are not exactly bullish on China.

Don’t create fictional versions of the people you argue with. This is the second time in a span of 10 minutes that you’ve done it. It completely undermines any attempt to discuss something, and drops your integrity to zero.

drdexebtjl 2 hours ago | parent | next [-]

Are any of those major reputed economists Russian or Chinese by any chance?

Or are they just Western economists repeating Western bias under a veil of objectivity?

Avicebron 2 hours ago | parent | prev | next [-]

The term you're looking for is 网络水军.

nekusar 2 hours ago | parent | prev [-]

Yeah I'm seeing how USA vs China is going.

USA: https://www.linkedin.com/videos/tpopomaronis_ive-seen-some-e...

China: https://www.youtube.com/watch?v=DUbbBdSGHE8

But... China is definitely copying... Hahahahha

GlickWick 2 hours ago | parent [-]

I’m sorry but this is a perfect example of what the person above criticized but in reverse. Come on now.

China’s youth unemployment rate is 15%, and that’s likely heavily astroturfed to look lower than it is. Even 15% though is terrifying for a mature economy.

crote an hour ago | parent | next [-]

You know who should be terrified by that rate? Us.

China's one-child policy is finally starting to hit, and its population is actively shrinking. At the moment China is not in a crisis yet, as its GDP is still growing quite well - so clearly there's plenty of economic activity.

So if a lot of old people are now retiring, and the young can't find jobs, who is doing the work? China is still a factory powerhouse, so who's screwing together the gadgets?

The answer is that they have been pushing heavily for automation, and it is working. Our biggest chance of beating China on a free market was domestic automation versus cheap overseas labor - but they have gotten there first. And that should be absolutely terrifying you.

drdexebtjl 2 hours ago | parent | prev | next [-]

It doesn’t sound like their society or their economy is collapsing.

Like ours would if we had 15% youth unemployment.

Maybe we’re projecting our values?

nekusar 2 hours ago | parent | prev [-]

The USA has sold its tech base off to enshittifiers. They defunded and destroyed most critical tech research.

https://www.dongascience.com/en/news/75540

China leads in 66 of 74 critical tech areas. The USA has a whopping... 8.

But hey, the USA's MBA "leadership" figures how much to worsen everything and extract more profit. I guess that counts for "innovation", in the Private Equity books.