China is officially richer than the USA

[RedCloakBlackWraithe]

We live in a global economy. China destabilizing America is like deplyoing nukes. Everyone would be fukked.

ohhh you don't read the tea leaves huh?


isn't the entire housing crises in large part because of rich chinese buying property at higher prices just so they have money offloaded from china where it can't be taken by Supreme Dictator?

now gen z and a lot of millenials will forever be renters.

 

[saturn7]

As they should. They have more than twice our population and have taken the lead in manufacturing.

 

[bnew]

Give your economy away to China Ameribrehs.

they didn't learn from Schwinn bicycles, gave them the blueprint for making their quality bikes and china debo'd their market share. they slept on mountain bikes too.

 

[RedCloakBlackWraithe]

if you ever been to LA

the amount of chinese kids that don't speak english on a visa/studying abroad

all drive 2021 porche, amg, audi etc etc

same in toronto too.

 

[BobbyWojak]

Wait till the economy collapses and Bitcoin takes over shyts going to get really weird

Cryptocurrency is an amazing development but it's not overtaking fiat currency in our great grandkids lifetimes.

 

[UpAndComing]

China exploded because they accepted Capitalism into their economy. Lifted more than half of their citizens out of poverty since the 1980s

The same Capitalism the Coli hates. While America devolves into the Socialistic abyss


Ain't it crazy

 

[TrapParis]

Glad that all of our American companies have been making them rich by sending all the manufacturing over there and then shipping the goods back over here for resale. One of the biggest lies that have been told is that we needed to move past manufacturing and get into the 'knowledge' economy. It's almost impossible to win a war with China. All they need to do is stop shipping goods over here and this nation will collapse. You see how the 'shipping crisis' has some concerned, so imagine if you are getting NO exports from China.

Give china the neo-silk road brehs

Its all good everyone needs to learn how to code

 

[Steel]

Chinas come up is impressive. The US basically gave China the manufacturing industry in the name of unfettered capitalism during Reagan era and it has now come back to bite them.

Reality is Chinas wealth is tied to property values. Chinas real estate is a house of cards and any shakeup can rumble it. Two reasons Chinas real estate is basically a big jobs programs that eventually must slow down and two Chinese real estate is not attractive to foreign investors.

 

[Ya' Cousin Cleon]

China isn't really a communist country these days, and it arguable started to shift towards capitalism in the 80's

other than state ran media and one party state, that's mainly their last hallmarks of that era.

“Americans Don’t Know How Capitalist China Is”

That's actually a harsh truth. It's fukk China all da
y but facts are facts. Also at the Chinese Communist Govt sympathizers in this thread. I got no problem with Chinese people, but that govt is a piece of work.

 

[[Something Cool]]

China isn't really a communist country these days, and it arguable started to shift towards capitalism in the 80's

other than state ran media and one party state, that's mainly their last hallmarks of that era.

“Americans Don’t Know How Capitalist China Is”

Right, that was the initial assessment, but it looks like Xi is aiming to transition the State to full on Socialism. Good luck with that shyt, they're trying to pull off the command economy/government angle? They already shot themselves in the foot with the one child policy. That should tell you right there that form of top down management doesn't work.

https://www.google.com/amp/s/www.bbc.com/news/business-58579831.amp

 

[tuckgod]

好

 

[supertrekker]

This is what happens when you let corporations run your country and outsource labor to poorer countries.

 

[cobra]

an old cac told me to learn mandarin 12 years ago

should have listened

 

[☑︎#VoteDemocrat]

ohhh you don't read the tea leaves huh?


isn't the entire housing crises in large part because of rich chinese buying property at higher prices just so they have money offloaded from china where it can't be taken by Supreme Dictator?

now gen z and a lot of millenials will forever be renters.

China is playing a dangerous game with the dictator model tho...that shyt usually doesnt end well

 

[Ezekiel 25:17]

The sarcasm and irony of this post didn't go over my head like the rest of these idiots. The US is trash.

Move then. Ain't nothing stopping you