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this post was submitted on 17 Apr 2024
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chapotraphouse
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Liberals are telling on themselves when they're wholly unable to envision how a different society with a different economic system would handle issues.
"Haha, China's finished, their real estate will crumble and trying to bail out the banks and the developers will bankrupt the government and make the people revolt! This will be 2008 times a hundred!"
China: instead of providing a golden parachute to the bourgeoisie, provides silver parachutes to the people affected. Economy doesn't collapse, if anything it recovers faster than predicted.
"Ok they're doing it wrong, unfair, but their manufacturing won't recover because of their aging population and fewer young people to replace them in the workforce"
China: unprecedented rise in automation in manufacturing
"...ok surely the next thing will cause China to collapse"