Life in China Is Getting Harder With High Prices

#1

Post by wei_jok » Tue, Sep 24, 2019, 4:42 AM UTC

Life in China Is Getting Harder With High Prices
bloomberg.com

Re: Life in China Is Getting Harder With High Prices

#2

Post by onion2k » Tue, Sep 24, 2019, 5:47 AM UTC

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.

Re: Life in China Is Getting Harder With High Prices

#3

Post by stretchwithme » Tue, Sep 24, 2019, 5:53 AM UTC

onion2k wrote: 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.

[flagged]

Re: Life in China Is Getting Harder With High Prices

#4

Post by anm89 » Tue, Sep 24, 2019, 5:53 AM UTC

stretchwithme wrote: post #3

onion2k wrote: 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.

[flagged]

I wish I could upvote more than once.

Re: Life in China Is Getting Harder With High Prices

#5

Post by adam_ellsworth » Tue, Sep 24, 2019, 5:54 AM UTC

onion2k wrote: 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.

Having not studied economics/politics during my time in college, wow does one qualify "collapse" here? What are the properties?

Re: Life in China Is Getting Harder With High Prices

#6

Post by JMTQp8lwXL » Tue, Sep 24, 2019, 5:56 AM UTC

stretchwithme wrote: post #3

onion2k wrote: 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.

[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.

Re: Life in China Is Getting Harder With High Prices

#7

Post by JMTQp8lwXL » Tue, Sep 24, 2019, 5:57 AM UTC

Given China's population, a lack of economic growth could pose a real, pressing problem to them. China has more to lose in the trade war.

Re: Life in China Is Getting Harder With High Prices

#8

Post by devoply » Tue, Sep 24, 2019, 5:57 AM UTC

onion2k wrote: 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.

Re: Life in China Is Getting Harder With High Prices

#9

Post by pandapower2 » Tue, Sep 24, 2019, 5:58 AM UTC

stretchwithme wrote: post #3

onion2k wrote: 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.

[flagged]

Actually, true believers are a legitimate problem for the CCP https://www.nytimes.com/2018/09/28/world/asia/china-maoists-...

Re: Life in China Is Getting Harder With High Prices

#10

Post by devoply » Tue, Sep 24, 2019, 6:00 AM UTC

stretchwithme wrote: post #3

onion2k wrote: 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.

[flagged]

We have real Communists everywhere, they are called corporations, most people work for such government where once inside they are a number and a cog in a machine that tells them to cooperate and not compete. It was a stupid idea to take this corporate model and try to implement it on the scale of national governance and there is no fitness function to terminate it if it's not working as expected, i.e. everyone is not being a good Communist. You want real Communism simply install unions into any existing corporation and make all employees into shareholders, instant Communism.