U.S. President Joe Biden on Thursday called China a "ticking time bomb" because of its economic challenges and said the country was in trouble because of weak growth.
There's something extremely funny about the president of the US looking at what's going on China and saying out loud, "Their economy is a ticking time bomb." This is almost an onion news story.
Yeah yeah, I've heard that before. There's a whole cottage industry of "experts" that have predicted the imminent collapse of China going back decades. Call me when it actually happens.
Man leading country with the largest homeless population in the world says country which eliminated extreme poverty within its borders is about to collapse, of course this is true and should be taken seriously
It feels really remarkable how quickly in the late 2010s that top level people in the US government (as well as the media and society generally) pivoted to using annihilationist rhetoric as though China is some sort of anime arch-enemy they have to power up to defeat. I guess this is probably what the red scare years after 1945 felt like when the US and USSR quickly shifted from allies to rivals
I don't know about China, but Biden is really throwing stones from glass houses here as the leader of a country which is teetering on the edge of civil war, had a full blown insurrection in the past few years, and not only has it failed to prosecute the leader and instigator, it has allowed him to run for election again and there is a possibility of him being elected.
And this is not mentioning that so many in the highest offices "on both sides" are so hilariously corrupt in a country with its national ethos being "the land of the free".
I'm not happy about this by the way, I don't think a world order built by China would be better than the shitty one we got from the US.
Don’t worry about having to work 30 hours a day at the sisyphean torture factory to be able to afford your ten square foot apartment Jack, look at what’s going on in China! A sexpat YouTuber who got kicked out of the country says their economy will collapse any minute now! Don’t trust any of the actual data on China’s economy, you can’t fall for those [REDACTED] and their tricks, Jack! They’re weak even though we say they’re strong! THEY’RE WEAK EVEN THOUGH WE SAY THEY’RE STRONG!
Little weird actively wishing for the most populated country in the world and the second largest economy in the world to collapse. Hey yankee numb nuts, that's gonna have global repercussions, that will likely affect the US as bad as anyone else. Who do you think makes all your shit? Really trying to cut off your nose to spite your face here.
I love Ground News as a concept, but I always feel suss using anything which is promoted in sponsorship deal by YouTubers.
Is there anything I should know about them as an organisation? I feel by design if they were to have biases or open to manipulation that it would be really obvious..
More than a fifth of Chinese age 16 to 24 are out of work.
Spain and other southern EU countries have experienced this, and even higher unemployment rates in the past, but with China’s rather large population, we’re about 30 million young people in a country with few safety nets.
China’s economy barely grew in the second quarter from the first and youth unemployment hit a record high in June, providing evidence of a fading recovery.
So what is Xi going to do when these 30 million hit the streets to demonstrate? Draft them and attack Taiwan?
Its far more weird how many people pick one of these countries like its a RPG faction. Can we all agree most of these countries do some totally evil things as far as governments go?
Who gives a fuck how much debt they're in, they're all just printing their monopoly dollars anyways and we're stuck with the inflation. Its like people like to masterbate to their favorite team via internet comments.