chapotraphouse

"The Economist is a journal which speaks for British millionaires." - Lenin

Here are some quotes from article #1,000 about China being about to collapse.

Last year the country achieved growth of 5%, but

but

Xi Jinping’s response is to double down on an audacious plan to remake China’s economy. Blending techno-utopianism, central planning and an obsession with security

techno-utopianism = using science to improve your country. central planning = when the government does stuff. obsession with security = protecting China from the United States' various proxy forces in the region

the mood in China is dour

What amazing reporting. "China will collapse because, like, the vibes are fucked."

consumers are depressed, deflation lurks and many entrepreneurs are disillusioned

Yes, unlike in the United States of America. All our consumers love the high price of rent and groceries! No disillusioned people in the USA!

Relations with America are steadier, as a phone call between Mr Xi and President Joe Biden this week attested. But they remain fragile.

WWIII will happen tomorrow, no actually it won't, wait actually I don't really know. Either way, this is bad for China. I am very smart.