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submitted 8 months ago* (last edited 8 months ago) by SexUnderSocialism@hexbear.net to c/the_dunk_tank@hexbear.net

https://archive.ph/9a20k

The massive cope and nonsense is off the charts.

Here's to an even "luckier" 2024. xi-lib-tears

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[-] LibsEatPoop@hexbear.net 94 points 8 months ago* (last edited 8 months ago)

The entire article is laughable of course, but I have to just admire the sheer audacity of the last part:

If Xi’s government privatizes inefficient state-owned enterprises, expands access for foreign businesses, and provides more social services and better protection of private property, the economy would embark on a much stronger growth path.

As no such reforms were implemented in 2023, the stalled economic recovery should not have come as a shock. Things could get worse for China in 2024 without new pro-market initiatives. Xi might then have to pray for a bit more luck.

Wow. I wonder why this commentator thinks US/West who already do these things are struggling right now, even more than China?

[-] Juice@hexbear.net 38 points 8 months ago* (last edited 8 months ago)

Its this guy's job to convince the readers of Business Insider: dentists, chiropractors, sea doo dealership owners, petty land lords-- not to invest in Chinese businesses. If people see China as a place that's thriving they'll invest in Chinese markets, which will make it harder to convince these petty bourgeois investors to go to war with China

[-] SacredExcrement@hexbear.net 30 points 8 months ago* (last edited 8 months ago)

Simple, they're not doing enough

Commie Joe needs to cut corporate taxes to a flat 2%, increase incentives for businesses in the US, and levy heftier tariffs on Chinese goods

[-] Tankiedesantski@hexbear.net 12 points 8 months ago

No wonder we call economists the high priests of capital. Indistinguishable from some priest doomsaying the next harvest because we didn't sacrifice enough bulls this season.

this post was submitted on 22 Dec 2023
156 points (100.0% liked)

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