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And how many times has the US economy faltered? Most recently 2000, 2008, 2020. And yet we’re “doing fine” but when China’s economy has trouble it’s somehow a s
by TaylorAlexander 3y ago
And how many times has the US economy faltered? Most recently 2000, 2008, 2020. And yet we’re “doing fine” but when China’s economy has trouble it’s somehow a sign of China’s failure. I think western reports of China’s failure sell newspapers, but China’s done pretty well for itself the last 20 years. I suspect they will navigate through this recession no worse than western powers have time and time again. According to Wikipedia the US has had as many as 48 recessions. That’s not what led to our present stagnation.