this post was submitted on 11 Aug 2023
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[–] gnuhaut@lemmy.ml 3 points 1 year ago (1 children)

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 3 points 1 year ago (1 children)

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@hexbear.net 2 points 1 year ago (1 children)

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.

[–] jack@hexbear.net -1 points 1 year ago (1 children)

But what if all that high speed rail disappears, huh? Didn't think about that, stupid tankie.

[–] Frank@hexbear.net -1 points 1 year ago

It's a legitimate risk. Rail theft by the mole-people is up 12% in the last quarter.