Xi Jinping’s misguided plan to escape economic stagnation
www.economist.com
It will disappoint China’s people and anger the rest of the world

some obligatory memes

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  • freagle@lemmygrad.ml
    ·
    7 months ago

    This eschews the conventional path of a big consumer stimulus to reflate the economy (that’s the kind of ruse the decadent West resorts to).

    Uh, what are they talking about? The COVID checks? Because last I checked ALL of the ruse's resorted to by the decadent West have been supply side handouts totally what, nearly a trillion now?

    • Greenleaf [he/him]
      ·
      7 months ago

      To The Economist, “consumers” are all the petite boug business owners that the government gave like a trillion in free money “loans” to.