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China has solid economic foundations and is on track to be the next superpower. I think it's appropriate to call it a strong government. Despite being an evil
by jokethrowaway 6y ago
China has solid economic foundations and is on track to be the next superpower. I think it's appropriate to call it a strong government.
Despite being an evil and dangerous communist dictatorship, they employed capitalism (state capitalism in particular) to become leaders while the western world destroyed their business sector, wasted money and economic potential directing money to bureaucrats and the richest 1%.
I'm honestly unsure on where to move next (ideas appreciated) before this mess unravels more.
- TheAdamAndChe 6y agoOf relevance is this video[1] discussing a demographic crisis in China caused from their one-child policy that will lead to significant economic issues in the coming decades, much like how Japan is having issues. There's a good chance this will limit their growth. [1] https://www.youtube.com/watch?v=vTbILK0fxDY https://www.youtube.com/watch?v=vTbILK0fxDY
- sitkack 6y agoI think the West could have an approach to white collar crime that is more inline with China.