4 ms·
you'd think Western economists and enlightened HN readers might have even a single moment of introspection after being consistently wrong about China for years
by bllguo 3y ago
you'd think Western economists and enlightened HN readers might have even a single moment of introspection after being consistently wrong about China for years
but I suppose the perpetual condescending and underestimating is preferable to the typical violent modus operandi
- nonethewiser 3y agoWrong about what? The claim im familiar with is that there is systemic risk. That hasn’t been disproven.
- ipnon 3y agoChina seems to have some serious structural problems that are impeding its rise. For instance it has been reported that negative outlooks by economists are now to be censored, and "deflation" is a bad word.[0] It would be better for everyone if China fixes the issues with its economy so we can go back to cooperatively creating wealth for the world. "Information is antifragile; it feeds more on attempts to harm it than it does on efforts to promote it."[1] [0] https://www.ft.com/content/b2e0ad77-3521-4da9-8120-1f0c1fdd98f8 https://www.ft.com/content/b2e0ad77-3521-4da9-8120-1f0c1fdd9... [1] https://libquotes.com/nassim-nicholas-taleb/works/antifragile https://libquotes.com/nassim-nicholas-taleb/works/antifragil...