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submitted 8 months ago* (last edited 8 months ago) by SeventyTwoTrillion@hexbear.net to c/news@hexbear.net

Image is of a protest in Pakistan after the attempted assassination of Imran Khan in November 2022.


What a clusterfuck of an election.

Imran Khan, the previous official Prime Minister of Pakistan, was removed by the command of the United States in April 2022 in a no confidence motion. This made a lot of people very angry and been widely regarded as a bad move. Imran Khan and his supporters have protested since then against the Pakistani state, which is more-or-less governed by the military despite the furnishings of civilian rule. This has ranged from largely peaceful protests to trying to burn down and occupy houses and headquarters.

It was assumed by the Pakistani elite that they could make the problem go away by arresting Imran Khan and effectively forcing many PTI candidates to run as independents while hounding them with police raids and stopping them from campaigning - and adding salt on the wound by disabling social media access and mobile services on the day of the election to make it more difficult to co-ordinate. Fortunately, these people don't seem to quite understand how the internet works in the current day, and so Khan's supporters started up WhatsApp groups and improvised websites and apps to spread the word about which candidates to vote for, leading to Khan's party getting the plurality, though not the majority, of votes in the election.

This has created a rather depressed mood in the Pakistani elite. A coalition of eight parties joined together, obviously excluding the PTI, but this coalition is shaky and lacks much legitimacy, with two major parties inside it, the PML-N and PPP, being ideologically opposed on several issues. It has been regarded as "the coalition of losers" by Khan's supporters. The new Prime Minister is Shehbaz Sharif, who also ruled from April 2022 until August 2023 and is the younger brother of Nawaz Sharif, who served as Prime Minister three times before in the last few decades. With inflation at 30% and the economy greatly struggling, there are fears that things may only stay together for months, not years, before the coalition fragments and something else has to be done.


Your Monday briefing is here in the comments and here on the website. Your Thursday briefing is here in the comments and here on the website. Your Sundary briefing is here in the comments and here on the website.


The COTW (Country of the Week) label is designed to spur discussion and debate about a specific country every week in order to help the community gain greater understanding of the domestic situation of often-understudied nations. If you've wanted to talk about the country or share your experiences, but have never found a relevant place to do so, now is your chance! However, don't worry - this is still a general news megathread where you can post about ongoing events from any country.

The Country of the Week is Pakistan! Feel free to chime in with books, essays, longform articles, even stories and anecdotes or rants. More detail here.

The bulletins site is here!
The RSS feed is here.
Last week's thread is here.

Israel-Palestine Conflict

If you have evidence of Israeli crimes and atrocities that you wish to preserve, there is a thread here in which to do so.

Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:

UNRWA daily-ish reports on Israel's destruction and siege of Gaza and the West Bank.

English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news (and has automated posting when the person running it goes to sleep).
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.

English-language PalestineResist telegram channel.
More telegram channels here for those interested.

Various sources that are covering the Ukraine conflict are also covering the one in Palestine, like Rybar.

Russia-Ukraine Conflict

Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict

Sources:

Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful. Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.

Unedited videos of Russian/Ukrainian press conferences and speeches.

Pro-Russian Telegram Channels:

Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.

https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.

Pro-Ukraine Telegram Channels:

Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.


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[-] zephyreks@hexbear.net 47 points 8 months ago

TikTok needs to get ahead of the curve on this US ban by aggressively pushing creators to advertise VPNs.

There's no reason ByteDance would divest TikTok, it makes no sense from a profit perspective. Far more likely is that TikTok gets banned in the US and US users are forced to go through a VPN.

Same reason Alphabet won't divest it's global Google operations to operate in China.

[-] Greenleaf@hexbear.net 47 points 8 months ago

"Resistance is continually benefitting. Whatever you pay in resistance, if you don't reap it in your lifetime, you will get the results later." —the revolutionary, resisting martyr Basil Al-Araj

From the Resistance News Network. I don’t read Arabic, I’m not sure I understand the word “benefitting”, context clues tell me it’s just something that generally positive.

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[-] wheresmysurplusvalue@hexbear.net 46 points 8 months ago* (last edited 8 months ago)
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[-] InevitableSwing@hexbear.net 46 points 8 months ago

i'm not a politician or anything but "2024: building a bridge to genocide" maybe isn't the best re-election slogan

[-] Evilphd666@hexbear.net 46 points 8 months ago
[-] Evilphd666@hexbear.net 46 points 8 months ago* (last edited 8 months ago)
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[-] SeventyTwoTrillion@hexbear.net 45 points 8 months ago

U.S. Seeks Semiconductor Supremacy with New Funding Initiatives

Or: If CHIPS was so good, why isn't there a CHIPS 2-- oh.

expand

The 2022 CHIPS and Science Act provides around $280 billion in funding for research and development into semiconductor technology and manufacturing operations. The funding includes $39 billion in subsidies for U.S.-based chip manufacturing, further supported by tax credits for operational equipment. It also contributes significant funds to the science and technology sector. The Act aims to revitalise domestic manufacturing, create well-paid jobs, strengthen domestic supply chains, and accelerate the industries of the future.

Currently, China is the biggest semiconductor market, purchasing more than 50 percent of the global supply every year. China continues to be highly dependent on semiconductor imports, sourcing many of its chips from the Dutch giant Advanced Semiconductor Materials Lithography (ASML) and the Taiwan Semiconductor Manufacturing Company (TSMC). TSMC produces around 80 to 90 percent of the world’s advanced semiconductors. China also hopes to develop its manufacturing capabilities. In 2023, Chinese companies bought U.S. chipmaking equipment to make advanced semiconductors, despite U.S. policies aimed at restricting China’s import of semiconductor-related technology, to slow its progress in chip production.

The U.S. is attempting to counter China’s dominance in the global semiconductor market by rapidly developing its production capabilities and striving for technological advancements. While the CHIPS Act has gone a long way in establishing the U.S. role in the global semiconductor market, some industry experts believe more is still needed. The United States Secretary of Commerce Gina Raimondo recently emphasised the need for federal subsidies in the industry to enhance the position of the U.S. in the international microchips market. She believes this can best be done through the launch of a second CHIPS Act to spur more funding.

Raimondo said, “I suspect there will have to be – whether you call it CHIPS Two or something else – continued investment if we want to lead the world.” She added, “We fell pretty far. We took our eye off the ball.” The development of a second CHIPS Act could support the construction of new chip foundries and the financing of semiconductor startups. It could also help the U.S. develop its technological capabilities in the field of specialised and advanced chip manufacturing.

However, billions in funding have still yet to be allocated from the first CHIPS Act, with the White House only recently announcing a $5 billion investment in a new chip research initiative (NSTC). In February, the U.S. government awarded $1.5 billion to New York-based chipmaker GlobalFoundries, which was its third and largest grant in the field of semiconductors under the CHIPS Act.

Nevertheless, some industry experts believe that federal funding, alongside private investments in the sector, will help the U.S. achieve chip manufacturing independence within the next two decades. The ambitious policy has also encouraged other world powers to develop similar investment schemes. In 2023, the EU introduced the $46.53-billion European Chips Act to boost competitiveness in the international semiconductor market.

Raimondo was quick to say that she doesn’t expect all semiconductor manufacturing to be situated in the U.S., but she believes the country’s role in the chip industry can expand substantially. “To be clear, we can’t and do not want to make everything in America. We don’t want to make every chip in America. That isn’t a reasonable goal,” Raimondo added. “But we do need to diversify our semiconductor supply chains and have much more manufacturing in the United States, particularly leading-edge chips, which will be essential for AI,” she explained.

Raimondo is not the only one who thinks the government’s investment in the semiconductor industry is too low to ensure meaningful change. The cost of developing chip manufacturing facilities in the U.S. is far higher than in many other parts of the world, such as Taiwan. Meanwhile, TSMC, the world’s largest and most advanced semiconductor manufacturer, spends almost $40 on equipment and research and development every year to advance its capabilities. Therefore, for the U.S. to catch up with TSMC and other major producers, it will likely need to invest significantly more in the sector in the form of grants and financial incentives to encourage higher levels of private investment.

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[-] BeamBrain@hexbear.net 45 points 8 months ago

Randomly remembering a guy I met who said he wouldn't have to worry about food after a nuclear holocaust because he knows how to hunt deer

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[-] edge@hexbear.net 45 points 8 months ago

One minute talking about "freedom and democracy" and the next minute praising Finland and Sweden for joining NATO with absolutely no democratic input.

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[-] plinky@hexbear.net 45 points 8 months ago* (last edited 8 months ago)

haiti does little bit prison abolition

Edit: to be slightly less nebulous, from aj

Gangs led by Jimmy Cherizier, a former police officer known as Barbecue, are trying to force Henry from power.

Pierre Esperance of the National Network for Defense of Human Rights said only about 100 of the National Penitentiary’s estimated 3,800 inmates remained inside after the assault on Saturday night.

One voluntary prison worker on Sunday said that 99 prisoners had opted to remain in their cells in the main jail for fear of being killed in the crossfire. These included several retired Colombian soldiers who were jailed for their alleged involvement in the assassination of former President Jovenel Moise.

illuminati

The prime minister’s exact whereabouts remained unclear on Sunday. Henry had been due to return from a visit to Kenya where he signed a security deal to tackle gang violence.

Nearly 15,000 people have been forced to leave their homes in recent days, with 10 sites hosting internally displaced people emptied over the weekend, according to the UN’s International Organization for Migration (IOM).

Henry, who became prime minister in 2021 after Moise’s assassination, was supposed to step down by early February, but told a regional summit in Guyana before travelling to Kenya that he would only hold elections by August 2025 once the situation was more stable.

The last elections took place in 2016.

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[-] flan@hexbear.net 45 points 8 months ago

What’s the story with Moon of Alabama? I occasionally see posts linked here and in naked capitalism. The posts themselves seem ok but there seem to be a lot of nazis in the comments.

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[-] SeventyTwoTrillion@hexbear.net 45 points 8 months ago

According to a new study by University of California Riverside researchers, roughly two weeks of training for GPT-3 consumed about 700,000 liters of freshwater. The global AI demand is projected by 2027 to account for 4.2-6.6 billion cubic meters of water withdrawal, which is more than the total annual water withdrawal of Denmark or half of the United Kingdom.

Much of the water to cool the cloud is lost in steam emissions “where the water will evaporate and remove the heat from the data center to the environment,” according to one of the authors of the study, Shaolei Ren.

Other research has pointed out the growing carbon footprint of AI. For example, in 2019, researchers found that training one of the larger AI models can emit as much greenhouse gas as five average American cars over their entire lifetimes.

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[-] Evilphd666@hexbear.net 45 points 8 months ago
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[-] SeventyTwoTrillion@hexbear.net 45 points 8 months ago

Your Thursday Briefing

Also here on the website.

We have a collection of pieces on the reaction to Victoria Nuland's resignation. Bhadrakumar is, as he usually is, fairly objective and netrual about her and her history in the region and agrees that Nuland's exit is a reflection of the collapse of the American strategy with Ukraine.^IP^ Moon of Alabama is a lot more belligerent and celebrates her resignation.^MoA^ And Naked Capitalism highlights that her career over the last four or so years has generally been of failure and backfiring, what with her visit to Niger, though obviously her ideology has succeeded magnificently in killing a LOT of people for no real reason in Ukraine, so perhaps, like with Kissinger, we shouldn't overly celebrate.^NC^

Macron has called for a "strategic leap" in thinking in Ukraine, deciding not to back down on his comments about sending NATO troops to Ukraine (which could very much be a trigger for WW3), though his officials did the Biden thing and said "No, he was actually talking about demining soldiers and trainers.".^BNE^

An Australian defence official has warned that Washington must clear regulatory impediments in AUKUS in order to catch up to Russia and China, who are outpacing the West in some areas militarily.^SCMP^

Ralph Nader has asserted that the real Gaza death toll is at least 200,000, which is entirely plausible (though I personally think that this is sort of the "guaranteed" number of deaths even if Israel's government collapsed tomorrow and aid started pouring into Gaza, due to how many people must be essentially dead from malnutrition and disease and various injuries and cannot be helped - and thus the number might be off significantly but still get the general picture correct).^NC^

Global South climate groups are significantly funded by the German government, which has been threatening to withdraw funding if those groups criticize Israel.^CCN^

Meanwhile, South Africa's Minister of International Relations has said that countries should use force to break Israel's blockade of aid entering Gaza, saying that Western countries should use their soldiers to escort trucks into Gaza under the assumption that Israel will not fire upon them, which, uh, doesn't seem especially historically accurate given a certain ship that starts with L and ends with iberty.^AN^

Chile's President, Boric, has said that Israeli companies cannot attend the 2024 aerospace FIDAE event in April.^MP^

The EU has been discussing banning Russian aluminium but has decided to not do so because it would cause shortages and raise prices. I am genuinely surprised that this has stopped them so far and don't expect it to stop them for much longer.^BNE^ Meanwhile, the EU is slapping retroactive tariffs on electric vehicles from China as they pour into the EU and reduce profits for European manufacturers.^SCMP^

Five US tech giants have been cleared in a cobalt child mining case in the DRC.^RT^

The UK's House of Lords has once again set back a bill which would allow the UK to deport migrants to Rwanda after doing so before in January, but Sunak has vowed that the circus will continue.^AN^

France has enshrined abortion in its constitution, making it the world's first country to do so.^E^

Bulgaria's Prime Minister has tabled the resignation of his government as part of an agreement made nine months prior, as the two coalition parties are fierce opponents and are rotating power between themselves.^BNE^

Croatia will soon have a general election, with the Prime Minister expressing confidence in his party's chances. This is occuring in the context of protests and motions in parliament calling for immediate re-elections, and scandals inside the current government. Opposition conservative parties are banding together to try and defeat the incumbent party.^BNE^

A Chinese-built flood control project in Poland has been recently completed, five months ahead of schedule, with the flood control system now able to withstand 300-year floods.^PD^

A Qatari waste management company has said that it's constructing a hydrogen plant in Nigeria worth $350 million, which could address waste management challenges but also generate clean electricity.^BNE^

Workers in the Turkish textile industry have been widely exploited after the earthquake over a year ago which killed tens of thousands of people and displaced millions, with most pressured into returning to work mere weeks after losing their homes, with all the mental and physical problems as a result in addition to the financial.^ET^

Egypt signed an $8 billion deal with the IMF, more than double the original $3 billion, with the Egyptian central bank simultaneously deciding to float the Egyptian pound, raising the key rate to 27.25% causing the pound to fall by more than a third against the dollar. Egypt is also obviously going to have to privatize things.^MEE^

Somalia has gained full membership of the East African Community after first applying in 2012, joining the DRC, South Sudan, Burundi, Rwanda, Tanzania, Uganda, and Kenya. This will allow them to have more trade, investment, industry, free movement of people, and so on.^AN^

Ghana's proposed LGBTQIA+ criminalization bill could lead to a loss of $3.8 billion in World Bank financing within the next five to six years, and $850 million this year alone, amid an economic crisis. The President is thus taking his time thinking about signing it.^A^

Pakistan's new Prime Minister has vowed that he will stabilize the national economy, by - you guessed it - privatizing any state institution that isn't showing growth.^PD^

Sizable lithium reserves have been discovered in Kazakhstan, consisting of over 75,000 tons or about $16 billion worth.^EN^

Sri Lanka's economy may finally be out of its gigantic rut (experiencing 6 consecutive contractions in quarters from 2022 to 2023) with recovery beginning in the second half of 2023 and now continuing into 2024. Inflation dropped dramatically over this time period from 70% to 5.9%.^PD^

China is considering providing equal social benefits for its 300 million migrant workers as the rest of the Chinese population enjoys, and wants to move those who are eligible to permanent urban residency, which produces more consumer demand than for rural residents.^SCMP^ China is also boosting its investment in science and technology by 10% this year, amounting to $52 billion. China is the second biggest spender on R&D after the US.^SCMP^ China is cutting back on one of its 2025 climate goals, with the government targeting only a "modest" cut to the amount of energy needed to power its economy this year.^CCN^

Peru's Prime Minsiter has resigned amid a scandal of an irregular hiring, which he denies ever happened.^MP^

Paraguay has reported 0% average inflation from January's values, although there have been increases in education and good and increases in the Consumer Price Index by 0.5%.^MP^

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[-] SeventyTwoTrillion@hexbear.net 45 points 8 months ago* (last edited 8 months ago)

Michael Roberts' latest piece on China, where he dunks pretty hard on Western China Understanders. It is genuinely bewildering that these economists are giving economic advice to a country that is beating them in many ways, while that same advice is used in the West and is producing stagnation and recession. I get that these people don't give a shit about the actual economy and are merely focussed on funnelling more profits into the top 0.01% with all this fancy jargon as a smokescreen, but you'd think cognitive dissonance would kick in at some point.

Like, Russia is doing better than you! The same country that you predicted would experience unsalvageable economic collapses in 2022 is now doing considerably better than you in economic growth! If I was in their position and had even a shred of dignity, I'd say "Fuck. Well, my economic theory doesn't seem to be working, then. Let's see if there are any better ones, which are predicting events better than me."

Can China succeed in achieving both its growth target for this year and reach the longer-term objectives over the next ten years or so, taking nearly 1.4bn people up to living standards only enjoyed by a small group of nations in Europe, North America and East Asia?

If you were to read the Western press and their economists, you would conclude that the chances of China doing that are no better than a snowball surviving on being thrown into the sun. It is the almost unanimous cry of Western economists, particularly the ‘China experts’, that the China ‘miracle’ is over, and worse, China is heading into a debt deflation spiral that will mean growth targets will not be met at best, and more likely there will be a major slump. This is despite the fact that in 2023 China had an official growth rate of 5.2%, more than double that of the ‘booming’ US economy, and five times the rate of growth in the rest of top capitalist economies of the G7. (Don’t get me into the argument that China’s growth figure is fake and growth is much lower. Those that argue this have little supporting evidence.)

Ah, but you see, manufacturing is in recession (as measured by official surveys), consumption is weak (still below pre-pandemic levels) and foreign investment, seen as the life-blood for the Chinese economy has dried up. And even worse, prices of goods and services are falling. Readers may be surprised to hear that Western economists, who spend much of their time demanding that inflation rates in their countries be reduced to no more than 2% a year after the post-COVID inflationary spiral of the last three years, see no merit in the lack of any rising prices (and therefore rising real wages) in the Chinese economy: it’s ‘inflation bad for the US; but no inflation bad for China’.

In a recent article, John Ross has shown that to achieve China’s Plan GDP target for 2025 ie a doubling GDP from 2021, it would require an average annual growth of 4.7% a year. So far, China is ahead of this goal with annual average growth in 2020-2023 of about 5%. Indeed, since the beginning of the pandemic, China’s economy has grown by 20.1% and the U.S. by 8.1%—that is China’s total GDP growth since the beginning of the pandemic has been two and half times greater than the US.

Yes, China’s annual growth rates have slowed from the breakneck pace of the 1990s onwards and the Chinese workforce is declining. But just look the increase in GDP per person that China has achieved compared to the G7 economies since 2019, some of which have even contracted (IMF data). The rise on per capita basis is even higher against the US (nearly four times).

Yes, increasingly China cannot rely on an expansion of a cheap workforce from rural areas to achieve more output, but instead must raise the productivity of the existing labour force, especially through investment in technical innovation. And it is doing so. The Federal Reserve Bank of Dallas shows that ‘total factor productivity’ (which is a crude measure of innovation) is growing at 6% a year, while it has been falling in the US.

Despite this evidence, every year the Western ‘China’ experts (and even many in China itself) predict stagnation, given the huge debt levels in all sectors. China is going to stagnate like Japan has done in the last three decades. The only way to avoid ‘Japanification’, say these experts, is to ‘rebalance’ the economy from ‘over-investment’, ‘excessive savings’ and exports to a domestic consumer-led economy as in the West and reduce the state control of the economy so that the private sector can flourish.

This year on the occasion of the NPC, Martin Wolf, the Keynesian guru of the Financial Times, returned to this theme, echoing the arguments of other Keynesian China experts like Michael Pettis. According to Wolf, China’s growth will now slow to a trickle as in Japan because it overloaded with excessive debt and because it has not rebalanced the economy towards “the consumer”. China needs to get its consumption share up to Western levels or it will not be able to grow and so stay locked in a ‘middle income’ trap.

...

But how can anybody claim that the mature ‘consumer-led’ economies of the G7 have been successful in achieving steady and fast economic growth, or that real wages and consumption growth have been stronger there? Indeed, in the G7, consumption has failed to drive economic growth and wages have stagnated in real terms over the last ten years, while real wages in China have shot up. Moreover, these consumer-led economies have been hit by regular and recurring slumps in production that have lost trillions in output and income for their populations. The irony is that China’s consumption growth rate is way higher than in the G7 economies.

China has not had a contraction in national income in any year since 1976, while the consumer-led G7 economies have had slumps in 1980-2, 1991, 2001, 2008-9 and 2020. Much has been made of China’s ‘disastrous’ zero COVID policy. But apart from saving millions of lives, China still did not enter a slump in 2020, unlike all the G7 economies in 2020.

...

Moreover, the arguments of the Western experts that China is stuck in an old model of investment-led export manufacturing and needs to ‘rebalance’ towards a consumer-led domestic economy where the private sector has a free rein are just not empirically valid. Is China’s weak consumer sector forcing it to try and export manufacturing ‘over capacity’? Not according to a recent study by Richard Baldwin. He finds that the export-led model did operate up to 2006, but since then domestic sales have boomed, so that the exports to GDP ratio has actually fallen. “Chinese consumption of Chinese manufactured goods has grown faster than Chinese production for almost two decades. Far from being unable to absorb the production, Chinese domestic consumption of made-in-China goods has grown MUCH faster than the output of China’s manufacturing sector.”

There's more in the article for enjoyers of Chinese economics statistics, but to summarize the argument, I think it's really as simple as: China needs to do the exact opposite of whatever Western economists are telling them to do.

It would be wrong to say that neoliberal economics "doesn't work", because it's actually working stunningly well at its real purpose, which is accumulating profit and repressing the working class, despite failing dramatically and increasingly regularly at its stated purpose, which is some hand-wavey shit about economic growth and stability or whatever. But the contradiction between these two points can only be delayed so long as you don't have a major competitor. Once you do, you must institute a different kind of economics which actually does produce economic growth across society and has some provisions for labor, which is of course the real motive force of the entire economy, because it's now in your material interests to do so in order to maintain imperialism and monopolies.

I'm unsure what the breaking point will be, or when it will happen, but a war against China (proxy or otherwise) seems like a pretty safe bet. The only thing then is whether the current class of capitalists will resist this new state of affairs, and doom Western hegemony, or accept it, plunging us into the biggest Cool Zone of human history with a reinvigorated American working class slaving away for an American bourgeoisie fighting against a Chinese communist superpower.

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[-] edge@hexbear.net 44 points 8 months ago

Gonna start slapping reminder bot requests on tweets saying the uncommitted votes don’t matter and that Biden doesn’t need those votes.

Rubbing it in their faces on November 6th is about the only good thing I can get out of this election.

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[-] RonPaulyShore@hexbear.net 44 points 8 months ago* (last edited 8 months ago)
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[-] BigBoyKarlLiebknecht@hexbear.net 44 points 8 months ago
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[-] Redcuban1959@hexbear.net 44 points 8 months ago

Houthi Attack on Commercial Ship Leaves 3 Dead and 4 Injured

After this attack CENTCOM claimed that the Huties are a great threat to world trade

Yemeni forces attacked a merchant ship passing through the Red Sea last Wednesday, leaving three sailors dead.

According to the Central Command of the United States (CETCOM), these were the first deaths due to Hutu attacks since they initiated the assaults on ships of imperialist countries, according to Yemeni forces these actions are in support of the genocide in Palestine.

CETCOM further reported that four people were injured and the ship, owned by Greece and Barbados, was severely damaged.

The action against the vessel occurred 50 miles from the port of Aden. Yahya Sarea, a Houthi spokesman, confirmed that Yemeni rebel forces were responsible for the attack.

According to Sarea they sent warning signals to the ship that were ignored. The attack caused a fire on board.

Mathew Miller, spokesman for the US State Department, responded by saying that the attack will not go unpunished and that Washington will take action against the Houthis.

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[-] Babs@hexbear.net 44 points 8 months ago
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[-] edge@hexbear.net 44 points 8 months ago* (last edited 8 months ago)

PBS: Here’s why you poors are wrong to feel like the economy is bad.

I hate this video so much. I wish I hadn’t watched it. A lot of the replies are good though.

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[-] SoyViking@hexbear.net 43 points 8 months ago* (last edited 8 months ago)

The cringe of this deeply unserious nation I inhabit will never be purged but with blood. They're now "working on a big screen solution" for the funeral of the pompous fascist shitbag who was leader of the conservative party until comrade cerebral hemorrhage connected him to Satan's wifi a couple of days ago. The planners of the event are expecting people to be flocking outside the church like it was a football match just because they're so sad to see the local dollar store Mussolini go.

[-] BigBoyKarlLiebknecht@hexbear.net 43 points 8 months ago

Obviously fuck the Royals, but Katespiracy is turning into a rabbit hole:

First post-op photo of Princess of Wales withdrawn due to ‘manipulation’

For an organisation whose role is to be a PR agency, this is utterly bizarre, and gives me hope that there is actually some sort of crisis happening for those bastards

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[-] Evilphd666@hexbear.net 43 points 8 months ago

The Russian Ministry of Defense reported the downing of a MiG-29 of the UAF in its daily briefing. Nevertheless, some Ukrainian news sources said that the fighter jet was downed by Ukrainian air defenses in a friendly-fire incident.

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-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

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