Sodium_nitride @ Sodium_nitride @lemmygrad.ml

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Joined

2 yr. ago

Deflation is not a problem in the Chinese case because of their unique circumstances. Chinese households have very high savings so they are actually better off from deflation. They also have an ultra high investment rate which is set by the government. So they don't need to worry about a deflationary spiral.

For other countries deflation will have different effects which may largely be negative (although that still depends on why deflation is happening). However, the fears of deflationary spirals are ... completely overblown. Not only does deflation require abnormal circumstances, but fixing it is extremely easy even for capitalist governments.

While consumers can benefit from falling prices, persistent deflation can also lead to a downward spiral for spending and investment.

This is not a worry for China because they have maintained an absolutely insane rate of investment and growth for decades now.

According to this data, while investment as a percentage of GDP has fallen off during Xi's term, it still remains well above historical standards and near the top by world standards. Of all the major economies on earth, China is the only one with investment as a percentage of GDP above 40%. Even economies many times smaller and less developed like India still have a lower investment rate than the Chinese.

Furthermore, if you look at the household expenditure per capita, the post covid times still have a much higher level of household consumption than 2019. Not only that, but investment spending is mutually exclusive with consumer spending. Complaining both that China has insufficient investment and consumption is interesting to say the least ...

The State Council Information Office, which is charged with fielding questions about China’s leaders, didn’t respond to a request for comment and referred the Journal‘s questions to other agencies that didn’t reply to its queries.

Lol

While U.S. consumers have been frustrated with years of elevated inflation, the economy has also been robust, unemployment remains low, and the rate of price growth has slowed substantially since hitting a high in 2022.

If the American economy is doing so good, how did Trump manage a clean sweep?

Their growth decreased quite a lot but they’re still not entirely a developed economy

Their real gdp growth is still above 5% per year and their industry already far surpasses anything the "developed" economies have.

their wages being reduced by a pretty large percent (my sources are saying around 30-40%, can’t find an official number because they do not exist).

Yeah you are just making shit up. This is complete nonsense.

but it only holds up until China is doing fine economically (which it isn’t exactly today).

Lol. Lmao even. Chinese trade with Africa is at an all time high and growing rapidly.

admit Russia is doing an imperialism

The very fact that you treat imperialism like an action and not a system shows that you don't have even the minimum possible of understanding of what it is.

It’s only imperialism if it comes from the West

In the present stage of history, yes. No country other than Japan or the western ones have managed to rise to the status of being imperialist powers. The reason is simple. The powers which became imperialist first delayed the development of the rest of the world by literal centuries, preventing any other people from becoming imperialist. Japan happened to escape this fate by geographical luck and developed early, allowing it to join the ranks of the imperialists.

There is a reason why the most dominant/advanced capitalist countries today are still the same ones that were advanced over a 100 years ago.

otherwise it’s just sparkling being an asshole to your neighbors

This has literally nothing to do with imperialism, which is the system by which a handful of the most advanced capitalist countries have consumed unparalleled sums of human labor from the whole of humanity for centuries on end.

Really feels like we are in WW3 and the imperialists are overextending themselves.

That echoes the peace terms that Zelensky and Putin’s representatives discussed in Minsk, Antalya and Istanbul in March and April 2022. Those talks ultimately failed because the Kremlin team refused to budge on key additional demands such as limiting Ukraine’s armed forces and rewriting laws on language rights.

Well, it seems the Russians have gotten their demand of limiting Ukraine's armed forces either way. So the first one was at least in retrospect, not a bad compromise. As for the second one, what exactly are those details, would you like to elaborate, Mr. Matthews? Is the reason that you aren't elaborating that the Russians were against the reduction of minority language rights, as admitted even by an Atlantic Council article?

But in many – in fact most –important ways, Zelensky is a victor. Four fifths of Ukraine will emerge independent of Russian dominion

Independent of healthy prime aged males as well

free to rebuild itself as a prosperous European democracy

Yeah cause the "prosperous European democracies" are doing so well themselves, right? How many European leaders have an approval rating above 30%? How many are neoliberal hellhole police states, Owen?

If Ukraine is very lucky, it may find another leader of Zelensky’s strength and calibre.

With luck like this, Ukraine won't need enemies.

Well, funding so many wars is partially why the Biden admin lost the popular vote and election in the first place. Nothing too surprising here.

Probably blood, your blood. Moon dust/rock is very sharp because the lack of erosion means that the edges of the rocks aren't rounded out. It will shred your tongue.

As a c/NonCredibleDefense member

Oh now your talk about being a proud warmongerer makes sense to me.

NATO country lives in peace without consequence while Russia

As a person living in Europe my wallet tells me that we actually did face some severe consequences.

So once it became clear that France doesn't have the material ability to win against Russia, we switched to talk of souls.

Actually, those regions of the world are exactly the kinds of places where international aid is needed the most. You aren't going to be giving international aid to a place that has all its chickens in order because such a country will be doing fine on its own.

Last October, Afghanistan's acting commerce minister told Reuters the Taliban wanted to formally join Xi's flagship "Belt and Road" infrastructure initiative.

This could be a game changer, as the progress of the BRI in the region (especially China-Pakisthan economic corridor) has been slowed down due to militant activity in the region.

The US government is putting the boot on your necks too. The empire isn't run for your benefit, it is run at your expense.

The Chinese never found a way to make profit in spite of radically lower prices

Source? Your dreams?

Real late reply, but Kamala is a direct fascist.

Sooner or later the us regime is going to collapse. It's fundamental tally unsustainable and just a good few crises away from imploding. And the best part is, you're looking right at the face of pretty much every kind of crisis imaginable. We've got climate crises, disastrous weather events, fascist coups, exploding inequality, de-dollarisation, the defeat of american imperialism in west and east Asia, mass immigration and so on.

So the violent overthrow of the American government is actually more realistic than trying to improve the Democrat party from the inside. Certainly the former will happen way before the latter.

Trump openly

This is the real problem that libs have with trump. He represents and fulfills all of their ideals, but without the pompadour.