Love how the exact same thing is now being said about the US lmao (the collapse part at least), I LOVE the media machine
this post was submitted on 21 Apr 2025
405 points (90.6% liked)
Memes
49871 readers
2545 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 6 years ago
MODERATORS
hahahaha this one is hilarious
FEED THE MACHINE
Open up for trade! Wait no you're not supposed to benefit, only us!
It is economy
China is following the playbook of Japan, South Korea, Taiwan and similar countries. The all used window guidance to quickly grow targeted industries, which actually worked very well. All of them are wealthy countries today. However that dependence on how good the window guidance is. They take on a lot of debt to invest and it only works as long as the investment is actually smart. If not the debt increases and that causes massive problems down the line. So it creates a bubble and when it pops it hurts badly. After decades of growth those bubbles probably are nasty.
These two aren’t necessarily mutually exclusive.
What is mutually exclusive, though, is reality and China's "imminent collapse" which has been looming just around the corner for the past 20 years
Idk people are saying the same things about the western markets as they have been for decades. Maybe a significant portion of people are just naturally drawn to crash prophets.
i'm not aware of people saying that about western markets until recently.
Pundits have been predicting the economic collapse of the PRC for decades, there's an entire sub-industry dedicated to "China Watching" that makes good revenue from predicting xyz economic collapse, and it exists because the West wants the PRC to open up its markets for foreigners to plunder freely, rather than the current situation where trade in China is heavily controlled and managed.
load more comments
(4 replies)
Agreed. I'm not saying that "collapse is imminent is accurate", but don't act like these are mutually exclusive when the idiom "a candle that burns twice as bright burns half as long" is accurate (to itself - literally the candle).
Yeah. Anyway what’s with the weird fixation this website has for china? The whole frontage is constantly spammed with memes praising the CCP.
load more comments
(5 replies)