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It's over. (hexbear.net)

https://www.businessinsider.com/china-xi-jinping-economy-real-estate-debt-bust-american-companies-2023-10

It's time to imagine a future where China does not become rich but may remain powerful — building its army and continuing to develop its domestic technological capabilities. History has shown that economic privation need not impede China's technological achievement. During the depths of the Maoist purges, the CCP was still able to develop the atomic bomb, the hydrogen bomb, and its own intercontinental ballistic missiles.

Which is why we must go to war with China.

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[-] invalidusernamelol@hexbear.net 6 points 1 year ago* (last edited 1 year ago)

Anyway, there's probably a rather materially cynical reason for all this clamor of "Xi's intentionally letting the economy go bust"

Oh yeah, because bailing out the banks in 2008 definitely saved the US economy from bursting.

this post was submitted on 16 Oct 2023
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