• gnuhaut@lemmy.ml
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    1 year ago

    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
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      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 [she/her]@hexbear.net
        link
        fedilink
        English
        arrow-up
        0
        ·
        1 year ago

        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.