switchboard_pete @ switchboard_pete @fedia.io

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10 mo. ago

it occurs when it's economically more efficient to move industry out of your country than to keep it in

unless you're suggesting china will willingly run the bulk of its industry with decreasing efficiency over time for the sake of keeping lower paying jobs domestically

These developments look increasingly structural. The authorities' stance since 2020, including regulatory tightening and zero-COVID lockdowns, appear to have inflicted long-lasting damage to China's private economy, the dynamism of which was a defining feature of its economic miracle in the past four decades. Nearly 20 months into China's COVID reopening, the private sector has yet to bounce back, despite many pro-private business utterances and gestures from China's leadership.

i'm not sure private businesses failing over covid is a good thing for an economy

"it's just supplemental" would have initially worked to describe us industry shifting out

investment is finite, so if you have the choice between a and b, investing more money in a is by definition investing in a at the expense of b

highlight the text and click the strikethrough button

win + R

copy it into run box

TBH, I haven't used wordpad since Windows 98

which is why they're getting rid of it

it would probably be pretty easy to just patch telemetry into it, except nobody uses it because why would you

i can't source it and it's tangential but i do remember hearing about some study that looked at people's reactions to their cancer diagnosis

• some people react with melancholy
• some people react by entering into a strict regime to give themselves that maximum chance of surviving, like heavily controlled diet, exercise, etc.
• some people react with outrage and denial, just refusing to allow the fact that they have cancer alter their lives

and the outcome was that the second groups had better outcomes than the first, but more interestingly, the third group also had better outcomes than the first

misrepresented what the links said

cool, quote it

except what you linked literally didn't show that

that's kind of why we're all the way down here

so china has surpassed the us, but it's the one being forced into corrupt organizations it would rather not be a member of?

yes this makes sense

if the imf is such a corrupt organization, why is china willingly a member?

you really come crawling back to me just to call me a clown again? why are your insults all "clown" or "i'm rubber your glue"?

as a reddit brain you'd know

why are your insults all "clown" or "i'm rubber your glue"?

if you don't connect to the internet this feature doesn't even do anything

again, even in your cartoon world, china is a member of the imf

also you clearly haven't read your sources very recently, because that's not the picture they paint

I'd be so insulted by that if I had a shred of respect for you.

this is such a reddit tier insult i love it

You can keep using win10 without security updates

if you want to be part of a botnet in a few years, sure

just be smart about it

being smart about it means not using an unsupported os

The discussion is about debts issued by China and their long term impact, which every study shows to be positive

except the ones you just linked, i guess?

you must have been very unlucky when picking which sources to show me :(

I guess it's easier to make a clown of yourself in public than actually learn about the subject you're attempting to debate

you know people (other people, not me, i'm here for serious discussion exclusively) only keep you off their blocklist because it's really funny watching the fediverse e-clown ply their trade every day, right?

probably not a door you want to open unless you want the top map to suddenly get a lot less red

also, even if you accept that line of thinking, it still became an invasion when they crossed the 38th parallel

The debt they owed to the IMF

do you understand how money works? you know it's fungible, right?

Oh you mean where actual western debt trap was happening?

even in your cartoon world, china is a member of the imf

and even if they weren't, the largest share of single-source debt was from china

i guess it's easier to defend a worldview if you just like...make stuff up?

any sort of intellectual integrity from you here

said the person who cherry picked like 3 things to respond to, despite spending most of their life accusing others of cherry picking, and responded to them by making stuff up

sure buddy

okay let's pretend it's relevant

selling it services and equipment now absolves a country of guilt

wow, looks like the us is absolved of guilt to a comical degree

comedy hot take understanding of geopolitcs aside, you said they invaded and occupied?

when did they invade and occupy the uk?

I love how you trolls just keep regurgitating the same few tropes

my guy your waking life consists of reposting the same 5 talking points

i'd maybe take a moment of quiet reflection

Chinese Investment In Africa Has Had ‘Significant And Persistently Positive’ Long-Term Effects Despite Controversy

"The results show that Chinese foreign direct investment (FDI) sets in motion a process of transformation in the local economy that damages local competitors but – at the same time – benefits local suppliers to the new Chinese firms as well as their local clients."

this is another way of saying that local businesses are destroyed, save from the ones that become functionally chinese subsidiaries

if the west did this you'd be having a meltdown

study on Chinese investments

you know that when a bank restructures a loan for you, it's not out of the goodness of their hearts, right?

and that's when they do restructure a loan for you, rather than just letting you default and having your economy explode like happened with sri lanka

no debt trap

guys they didn't SEIZE a port they merely forced a country to lease it for 99 years at a bargain bin price

China and Africa: Ethiopia case study debunks investment myths

ethiopia literally had to default on their debt after this article was published

https://www.lse.ac.uk/iga/assets/documents/research-and-publications/FDI-in-Ethiopia-Crescenzi-Limodio.pdf

see above

https://blogs.lse.ac.uk/gild/2021/01/26/how-chinese-investment-shape-new-growth-patterns-in-africa/

this is the same as the first link

https://www.asiafinancial.com/china-debt-trap-claims-in-africa-stem-from-us-rivalry-study

this is about the port again

https://www.sabcnews.com/sabcnews/chinas-infrastructure-investment-helps-fast-track-development-in-africa-expert/

this just says "development good" without defining what that is

the same metric would justify european colonialism of africa

https://geopoliticaleconomy.com/2022/08/20/china-forgives-debt-africa/

except for all the cases where they don't and countries have to default, i guess

https://americanaffairsjournal.org/2023/11/broadband-business-formation-and-economic-growth-in-the-global-south-assessing-chinas-impact/

this link isn't relevant

korea