Quote from: K-Dog on Sep 15, 2023, 09:28 PMChina may be going down, but not from the reasons given in the Hill article.  The Hill article says China is failing because they have a failed socialist centrally planned economy.  Your article is classic anti-commie propaganda.

Agreed for the most part, except that although the problem was not central planning it WAS the economics they took on after Mao in the 1070s and opened China to capitalist investment and foreign capital.  Also at this time they vastly increased their own internal debt in their own currency, the Renminby or Yuan.  That's also why China has two currencies, one for commerce inside China and another traded abroad in the currency markets.

China had the same issues as other developing nations and became enslaved to the econmic Hitmen of the IMF, but because of its size and the ability to create internal debt those prooblems eren't as obvious as thes in South America and Africa.  Until now.

Now these problems are now so big that when China hits the Argentina moment, it's going to take the rest of the world down to the bottom of Davey Jones locker with it.  The Chinese Titanic has hit the economic iceberg and is taking on water fast.  She is going DOWN.



RE