5 sats \ 4 replies \ @Undisciplined 22 Jun \ on: Chinas popped real estate bubble: Farmers plow fields between ruins econ
In 20 years, the idea that China was going to overtake the West will look as silly as the idea that the Soviet Union was going to.
I share your feelings about the photos. It epitomizes how people continue to strive and produce, despite the ridiculous constraints they face.
write
preview
42 sats \ 1 reply \ @sudonaka 22 Jun
Now look at Baltimore
reply
0 sats \ 0 replies \ @Undisciplined 22 Jun
I'd rather not
reply
21 sats \ 1 reply \ @zuspotirko OP 22 Jun
Some people still remember how it was a mainstream opinion to speculate on Japan becoming the biggest economy on earth back in the day
reply
5 sats \ 0 replies \ @Undisciplined 22 Jun
Exactly, and Japan had far more functioning market mechanisms than China. Still, Japan is a more controlled economy than much of the West and it's correspondingly a little bit poorer.
reply