Oh, no. Wait. Nevermind.
https://twitter.com/disclosetv/status/1519657883792818177
Expert: China growth is only 4.8%, it's slow down and here's how they going to collapse
Same expert: the US growth is contracted by 1.4%, let’s me explain why this is fine
It’s quality contraction vs quantity growth there!!!! Quality over quantity!!!
cnbc: “This is noise; not signal. The economy is not falling into recession”
:dril: :corn-man-khrush:
I mean it's the job of corporate media to try and convince everyone of that to keep the system running, but that's just lazy writing.
Funny how when its favorable news it's signal, but when it's unfavorable news it's noise
I hope sometime soon china overtakes the US economically so america loses the power to do all the crazy and evil shit they do
They're already losing all over the world. More countries are taking aid and defence contracts from China. The five eyes countries are the last stronghold the US has.
China better keep up the good work cuz Americans are still out there and theyve been causing a lot of trouble lately
they already did. GDP adjusted for PPP is a more reasonable measurment than GDP
Plus all the made up finance bullshit counts as well. Buying a functioning company, stripping it for parts and laying everyone off actually counts towards gdp.
Other comments have pointed out that it has passed the us in GDP PPP. Bring this up to Americans and they'll switch the goalpost to per capita lol
China has one of the most important cities on earth in terms of economics completely shut down and still outpaces the US which has now achieved 75% of the population having covid infection at some point
Plus the millions of Americans suffering long covid and the yet unforeseen even longer term side effects
Mmmhmm, Shanghai case data from the last 2 days has been quite good. They're back under 10k now.
Yours made me check the op again and put the pieces together myself, and it's a better joke for that :stalin-approval:
Unexpected? Lol if those economic theories can't explain what's happened over the past two years then maybe it's time to chuck them in the bin.
It's econ 101 sweety 💅
Well shit maybe there's a reason there are higher level classes than the basic bitch overview
No one has asked the one simple question though…
BUT AT WHAT COST?
It took two million dead workers to get results this impressive
ly bad
I am always surprized by the liberal idea that you can't do anything.
It is always so wild to see them fail to reconcile their infantile delusion with outher places just doing stuff.
