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the Chinese have been saying, 'The East is rising and the West is declining,' but China's current economy is on the decline, and Europe is no better. That leave
by MangoCoffee 2y ago
the Chinese have been saying, 'The East is rising and the West is declining,' but China's current economy is on the decline, and Europe is no better. That leaves the U.S. still standing with economic growth. I guess we'll see.
- rcarmo 2y agoEconomy is not a game of absolute value--it is a game of _relative_ value and scale, and the US having economic growth _by itself_ is a mirage.
- SideburnsOfDoom 2y agoThe claim that the US has "economic growth" and that China does not is a strong claim, and does not seem to be supported by any real-world facts. https://www.theguardian.com/business/2025/jan/17/china-economy-hits-growth-target-but-rate-among-slowest-in-decades https://www.theguardian.com/business/2025/jan/17/china-econo...
- MangoCoffee 2y agothe China 5% growth in the article...is it believable? the real world fact that you cited come from China. which stop reporting youth unemployment when the numbers is bad back in 2023. only to restart reporting the number with new method. Can you trust Chinese's numbers when its real estates, foreign investment drop, deflation...etc. https://www.youtube.com/watch?v=7JYWFUI5kEc https://www.youtube.com/watch?v=7JYWFUI5kEc https://apnews.com/article/china-youth-unemployment-slowdown-321cd96377ee066915fc39232b9477c3 https://apnews.com/article/china-youth-unemployment-slowdown...
- SideburnsOfDoom 2y agoSo your argument is that "nobody knows anything"? It's hardly an argument that you know something. It's also a straw man to nitpick the number, as your claim "That leaves the U.S. still standing with economic growth" - was that China was not growing, at all.