Live data from Hacker News

Life in China Is Getting Harder With High Prices

bloomberg.com

11–20 of 134 posts

Re: Life in China Is Getting Harder With High Prices

#11
post #8
post #2

If the political system in China collapses everyone should worry. That would likely result in a global economic crash the likes of which the world has never seen.

Good. The come up will be a lot sweeter.

It won’t be good. China doesn’t have a good record on feeding its population during extreme situations.

Re: Life in China Is Getting Harder With High Prices

#12

Earlier quoted context omitted.

[flagged]

People that have survived communism just accept high levels of corruption because it's better than the alternative. That's why Putin is popular.

Putin is popular, because he's better than what was before (i'm speaking mostly of the old drunk). And also because he does stuff that a lot of russians actually like.

A lot of people (mostly westeners) don't understand, that if someone gets back "historic russian territory" from a "neighbor" you don't really like, and noone can do anything about that, that's a good thing for Russia. It's bad for the neighbors, it's bad for NATO, it's bad for everyone else who wants to influece Russia, but for Russia, it's a good thing.

It's the same thing with Trump... he does this, he does that, outrage everywhere, and in the end, EU is even more fuc*ed, Chinese send threats but can't do anything, and USA gets richer, old industries come back, people get jobs, get paid more, etc. And some wonder why he won.

Re: Life in China Is Getting Harder With High Prices

#16
post #2

If the political system in China collapses everyone should worry. That would likely result in a global economic crash the likes of which the world has never seen.

If the alternative is China going unchecked and eating the world. I'll take the economic crash.

I grew up in poverty and I'd rather go back to poverty than live under a dystopian surveillance dictatorship.

Re: Life in China Is Getting Harder With High Prices

#17
post #8
post #2

If the political system in China collapses everyone should worry. That would likely result in a global economic crash the likes of which the world has never seen.

Good. The come up will be a lot sweeter.

Sure. If you're middle/upper class living in a wealthy country.

But for the poorest and most vulnerable in our society they will experience hardships not seen since the Great Recession. And the inequality gap will rapidly widen which affects everyone.

Re: Life in China Is Getting Harder With High Prices

#18
post #8

Earlier quoted context omitted.

Good. The come up will be a lot sweeter.

Sure. If you're middle/upper class living in a wealthy country. But for the poorest and most vulnerable in our society they will experience hardships not seen since the Great Recession. And the inequality gap will rapidly widen which affects everyone.

I rather live in a world where the CCP failed and a bunch of poor people suffered than a world run by the CCP where 1/2 the world is at their mercy. America can be a tyrant but I believe the CCP would be much much worse.

Re: Life in China Is Getting Harder With High Prices

#19
I expect China to clamp down harder and harder on its population as well as deflect attention from it as the economy slides to try keep the party in power. Look for the social credit system to expand even more and also more rhetoric about it all being the fault of evil foreigners.

Re: Life in China Is Getting Harder With High Prices

#20
post #2

If the political system in China collapses everyone should worry. That would likely result in a global economic crash the likes of which the world has never seen.

If the alternative is China going unchecked and eating the world. I'll take the economic crash. I grew up in poverty and I'd rather go back to poverty than live under a dystopian surveillance dictatorship.

I'm not arguing in favor of the current Chinese regime, just that change should come somewhat more slowly than a collapse.
Post reply on HN