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Modern Monetary Theory debunked (ish)
(youtu.be)
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this post was submitted on 14 Feb 2024
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chapotraphouse
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Yeah strange to focus on analyzing China instead of the major imperialist and global hegemon, although I guess there's way less of an audience for that when you live under it.
My impression is they’re like “here’s some problems with the US economy, here’s what a country like China (and Japan and Germany????) are doing right. Let’s imagine they’re the same kind of economy and they could reform into each other or be copied by the global south.” They’re not very Marxist.