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It feels like The Economist and other Western oligarch media have been saying that China is going to collapse "next week" for decades. Almost like they have som
by okasaki 2y ago
It feels like The Economist and other Western oligarch media have been saying that China is going to collapse "next week" for decades. Almost like they have some sort of anti-reality agenda.
- jncfhnb 2y agoI can’t find that claim in the article.
- pphysch 2y agoIf you look at the aggregate of The Economist's "reporting" on China, the GPs comment is correct. One could even argue they are a Chinese asset because they mislead Western investors so fantastically and consistently on basic economic topics, a sort of Great Filter.
- gruez 2y ago>they mislead Western investors so fantastically and consistently on basic economic topics ???
- jncfhnb 2y ago[flagged]
- 1mcag 2y agoAny newspaper contains significantly more conjecture and guessing that the comment you reply to. It is ironic that the Economist was the magazine from which I learned speculating about behind the scenes actions and personal power politics. Yet you do not call the Economist reporters conspiracy theorists. The Economist is consistently wrong about ... economic predictions, which is what GP was making fun of.
- mrmetanoia 2y agoI regularly read The Economist and it is not a flawless outlet but it does not and has not attempted to perpetuate any sort of collapse narrative about China. Individual opinion pieces with negative outlooks based on current global market context? Perhaps, but an overarching narrative of collapse just doesn't exist.
- Qwertious 2y agoThe reality of China is that their GDP stats are so systematically faked and so clearly don't add up that nobody actually knows whether China is economically healthy, not even Xi Jinping. In such a scenario, China could collapse at any time, and past performance is not a predictor of future results.
- alephnerd 2y ago> GDP stats are so systematically faked At a macro-level, Chinese federal statistics are decently trustworthy in the 2020s, and there is enough transnational trade and dealflow that egregious tampering can and would be caught, and is very damaging. > China could collapse at any time There is a difference between stagnant/slowing growth (which is what is happening) and "collapse" (nowhere near that level). Nor would you want to wish a Chinese "collapse". It's because of rhetoric like yours that other Chinese people automatically dismiss policymakers abroad who are trying to push for reforms for an economically stabler China - which itself requires healthy engagement with the world.
- naveen99 2y agoBut who has the guts to call out the emperor has no clothes. No one corrected the covid mortality numbers or even gave any kind of estimate other than the officials numbers out of ccp.
- alephnerd 2y ago> But who has the guts to call out the emperor has no clothes You read the article above right?
- scrollop 2y agoIt's collapsing, just not "nest week"