- cross-posted to:
- nosafetysmokingfirst@sh.itjust.works
- cross-posted to:
- nosafetysmokingfirst@sh.itjust.works
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> shunned from international space collaboration
> makes their own space program
> nobody noticesKinda wild how the west dissociates from China’s space program basically in a modern day space race against everyone else. Imagine how much farther along humanity would be without the paranoid sinophobia. Some For All Mankind type of shit. Instead we’re getting the Mirror Universe Terran Empire.
It has always been
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Hilarious how tarriffs are a few against imports and we as a people pay those. The exporting country sees nothing and the importing companies have to pass on the cost. So weird how a giant set of Americans don’t realize that it will raise the cost of almost everything.
I mean, the idea is, that the tarriffed stuff becomes less attractive compared to the non-tarriffed stuff due to the higher price, so less people will buy it and instead the nationally produced alternatives thus strengthening the national economy and and weakening the tarriffed ones.
Of course that can only work with stuff that has nationally produced (or at least non-tarriffed) alternatives.
Exactly, the whole point of tariffs is to protect domestic industry. However, if that industry doesn’t exist then what’s being protected?
*its economy
Last when I was into this topic, no expert on the China economy ever said that China was going to collapse. Rather their prognosis is that the economy is near its peak and likely will stagnate from now on, maybe shrink a bit (maybe) . But not collapse
Rags like The Economist have been predicting its collapse for years and years and years. It’s a meme at this point.
They shouldn’t stop now. They’re about to be right. Any time. Aaaaanyyyy. Time. Not yet? Aaaaanyyyy. Tiiiiiime.
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aww little dronie is upset
The trick is that china is a very large country and some part of it is always collapsing while some other part is advancing.
Yup that totally makes sense. Must be why incomes are rising in the poorest parts of the country.
From 1978 to 2000, the number of people in China living on under $1/day fell by 300 million, reversing a global trend of rising poverty that had lasted half a century (i.e. if China were excluded, the world’s total poverty population would have risen) https://www.semanticscholar.org/paper/China’s-Economic-Growth-and-Poverty-Reduction-Angang-Linlin/c883fc7496aa1b920b05dc2546b880f54b9c77a4
From 2010 to 2019 (the most recent period for which uninterrupted data is available), the income of the poorest 20% in China increased even as a share of total income. https://data.worldbank.org/indicator/SI.DST.FRST.20?end=2019&%3Blocations=CN&%3Bstart=2008
By the end of 2020, extreme poverty, defined as living on under a threshold of around $2 per day, had been eliminated in China. According to the World Bank, the Chinese government had spent $700 billion on poverty alleviation since 2014. https://www.nytimes.com/2020/12/31/world/asia/china-poverty-xi-jinping.html
Wouldn’t most large countries be like that?
And what value/meaning would such a ‘is collapsing’ statement have outside of clickbaityness?
