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by joefranklinsrs
2765 days ago
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You forgot about the millions of jobs that disappear in China after factories leave for other countries. You forgot about the billions of foreign direct investment that actually helped China to get to where it is today, now leaving the country. You forgot about the real estate bubble in China deflating. The one that has the middle class of China paying for $1M house with their $1300/month income. |
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More serious problems than US tariffs may well crash China's economy, but if you now want to argue so, you'd better bring (correct) numbers and analysis, not just handwaving about "millions of jobs that disappear" and so on (and keep in mind that a million in a country of more than one billion is not a whole lot of anything).