https://www.businessinsider.com/china-xi-jinping-growing-threat-world-economy-stock-market-crash-2022-10

  • Tankiedesantski [he/him]
    ·
    2 years ago

    Turning up a big dial labeled "command economy" while looking back at howling institutional investors and laughing.

  • honeynut
    ·
    edit-2
    1 year ago

    deleted by creator

  • StellarTabi [none/use name]
    ·
    2 years ago

    with a title like that you know there's going to be really specific and damning criticisms of China :big-cool:

  • CheGueBeara [he/him]
    ·
    2 years ago

    Blowing up your economy and taking the world down with you? smh China really is stealing America's jobs.

  • Frogmanfromlake [none/use name]
    ·
    2 years ago

    People have been going nuts with this recent news. I don't see that much of a change from what China was already doing, maybe more added regulations but nothing crazy.

    • zifnab25 [he/him, any]
      ·
      2 years ago

      The only thing that's being ratcheted is the Consent Manufacturing lever.

      Media is trying to scare all the institutional investors out of Beijing's financial pool.

      • Awoo [she/her]
        ·
        2 years ago

        Institutional investors literally never listen to the media though. I've only ever seen media affect retail.

        • zifnab25 [he/him, any]
          ·
          edit-2
          2 years ago

          Idk about that. People responded to COVID, to Ukraine, and to 9/11 clearly enough.

          All those business channels aren't just for hosts to jerk themselves off. My firm's O&G trading floor has business news running all day long. And they're trading hundreds of millions in product monthly.

  • star_wraith [he/him]
    ·
    edit-2
    2 years ago

    I am genuinely going to enjoy spending the next six months seeing all these American business journalists writing stories about "nnnnnoooo China you were supposed to be only paying lip service to communism! Oooohhhooohoo now you're gonna PAY! Because cOmmUnIsM nEvEr WOrkS!" :wojak-nooo:

    Die mad, journos.

  • buh [she/her]
    ·
    2 years ago

    Long live the car crash hearts :07: