this post was submitted on 11 Aug 2023
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[–] marx_mentat@hexbear.net 8 points 2 years ago (86 children)

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.

[–] immuredanchorite@hexbear.net 4 points 2 years ago* (last edited 2 years ago) (1 children)

dem

Listen, Fat! The US economy is doing better than any economy has every done in history, Jack. I call it Bidenomics. Get with the program.

biden-nibble biden-rember biden-point DaBiden

[–] Fissionami@lemmy.ml 2 points 2 years ago (2 children)

I'm disappointed, there's no representation of him having interaction with supernatural beings.

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[–] Grebgreb@hexbear.net 6 points 2 years ago

The country that leads the world in mass shootings shouldn't be labeling other countries as "ticking time bombs."

[–] Awoo@hexbear.net 4 points 2 years 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.

[–] gnuhaut@lemmy.ml 3 points 2 years 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 2 years 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 2 years ago (2 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.

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[–] JoeByeThen@hexbear.net 2 points 2 years ago

By my estimates, China has only 70 more years until complete and utter collapse!

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