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63 sats \ 1 reply \ @TomK 25 Jul \ on: Escobar: China Designs An Economic Road Map All The Way To 2029 econ
the famous socialist five-year design for the apparent control of a complex economy. this has worked wonderfully in the past, especially in the real estate sector. Never trust decentralized solutions, transfer the entire authority to act to a centralized bureaucratic apparatus. In the long term, the winners will be those who rely on a free market economy. Even if it may not look like it right now
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47 sats \ 0 replies \ @Satosora 25 Jul
Their one child policy worked so well that 90% of the population is guys. The never think through their policies, just like when they thought building anything anywhere would help the economy. Now it has come back to bite them.
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