https://www.nytimes.com/2024/04/15/business/china-gdp-q1.html
it is 2022, the libs say China will not recover from post COVID lull
it is 2021, the libs say China will not recover from harsh, extended COVID lockdowns
it is 2019, the libs say China will not recover from international backlash for cracking down on Hong Kong riots
it is 2018, the libs say China will not recover from international backlash over Adrian Zenz’s fever dream the Uyghur genocide and Trump’s trade war with China
it is 2016, the libs say China will not recover from an aging population and a lack of youth to replace them due to the one child policy and wasting money on an aerospace program
it is 2014, the libs say China will not recover from Xi’s crackdowns on corruption and corporate greed, military spending and renewed efforts to claim the South China Sea
it is 2010, the libs say China will not recover from wasting trillions into a national high speed rail system
Shit, who knew that having an economy which doesn’t run on financial parasitism was a good idea
Edit: added financial to parasitism, because these mf capitalists still stealing
Liberals are telling on themselves when they’re wholly unable to envision how a different society with a different economic system would handle issues.
“Haha, China’s finished, their real estate will crumble and trying to bail out the banks and the developers will bankrupt the government and make the people revolt! This will be 2008 times a hundred!”
China: instead of providing a golden parachute to the bourgeoisie, provides silver parachutes to the people affected. Economy doesn’t collapse, if anything it recovers faster than predicted.
“Ok they’re doing it wrong, unfair, but their manufacturing won’t recover because of their aging population and fewer young people to replace them in the workforce”
China: unprecedented rise in automation in manufacturing
“…ok surely the next thing will cause China to collapse”
Not for much longer, hopefully. They’ll likely have served their purpose soon