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this post was submitted on 06 Mar 2024
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GenZedong
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Let me see if I get it straight, I have not finished the text yet but I wanna make sure that I'm understanding it right, since I don't understand business speech. But if I got it correctly it says, that those savings do not come from households, so it's either big corporations or the state itself, and they have saved just under the US and EU together, which means, china is spending less on their development, in fact significantly less, and is growing more and more stable than the west. Is that the takeaway of the first part?
basically yeah
Look that boggles the mind, like I knew capitalism was ineffective, but golly jee, this is just staggering, like the gap is monstrous, that basically mean China has the world's market by the balls and the US is downright terrified of it
Turns out not allowing capitalist theft to run rampant lets one do more with less. Crazy, right?
Absolutely, and I was sure of that, but man, got surprised with how much more you can do with so much less