US wants to start tariff talks with China, state media says

Ouchie

Mao Zedong's leadership significantly impacted China's economy through several major initiatives and policies. Here are some key points:

1. Great Leap Forward (1958-1962): This was a radical economic and social campaign aimed at rapidly transforming China from an agrarian society into an industrialized one. The initiative involved the collectivization of agriculture and the establishment of people's communes. However, it resulted in a catastrophic failure, leading to widespread famine and an estimated 15 to 55 million deaths due to starvation, execution, torture, forced labor, and suicide.
2. Economic Mismanagement: The Great Leap Forward was characterized by unrealistic targets and poor planning. The focus on increasing steel production through backyard furnaces and other inefficient methods diverted resources away from agriculture, exacerbating the famine.
3. Cultural Revolution (1966-1976): This period was marked by political instability and economic chaos. The Cultural Revolution aimed to preserve Chinese Communism by purging remnants of capitalist and traditional elements from Chinese society and to re-impose Maoist thought as the dominant ideology within the Party. The revolution however resulted in significant economic disruption and a decline in the capacity of the government to deliver goods and services.
4. Legacy and Transition: After Mao's death in 1976, China began to transition away from his policies. The post-Mao era saw the introduction of economic reforms and a shift towards a more market-oriented economy, which led to rapid economic growth and development.

Overall, Mao's policies had a profound and often detrimental impact on China's economy, leading to significant setbacks and human suffering. The post-Mao reforms were crucial in reversing these effects and setting China on a path of economic growth.

I bet they tell trump to eat rocks unless he comes clean with the world about his bullshit tariffs. He won't, of course, so nothing will come of this.

He says all countries have ripped off the USA, even ones that have penguins only in them. He is going to learn that lying has consequences. It will be the first time in his life that he will learn this lesson, so we should take it easy on him(/s).