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by pphysch
1108 days ago
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You can tell any story you want by cherry-picking headlines and ignoring the broader context. Pundits like Gordon Chang have been predicting post-Mao China's imminent collapse since 1989. They've always been spectacularly wrong because they don't understand China and don't want to. |
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Sure, let's talk about broader context and macro trends. unless something big changes, these macro trends won't go away:
- alignment of dictatorship vs free countries. China, Russia, North Korea, Iran vs US, Europe, Japan, Taiwan, South Korea, India, Australia, Philippines, Canada.
- dictatorship is losing. China is propping up all the dictators around the world, and its losing that power
- China demographics collapse
- China's rising and insolvent local government debts, which can no longer generate income by selling land. because China has too many buildings - 6 billion by last count. and demographics collapse. and lack of jobs
- Tech sanctions on China. China's inability to catch up on tech.
which indicates China's stagnation and decline for the next 10-20 years.