Hard to take all this economic fear porn seriously anymore. Whatever’s happening, it’s global, and there’s zero likelihood we know what “China” is thinking or planning for these scenarios. Remember the three gorges dam fear porn? The Taiwan invasion? Evergrande? Housing bubble?
Demographic collapse?
The idea that China (a command and control economy) hasn’t planned this out is next to zero.
Command and control economies are usually run worse than the corporatist economies of the "free world". There is a reason why endless Soviet 5 year plans didn't work, as did the Great Leap Forward.
Hard to take all this economic fear porn seriously anymore. Whatever’s happening, it’s global, and there’s zero likelihood we know what “China” is thinking or planning for these scenarios. Remember the three gorges dam fear porn? The Taiwan invasion? Evergrande? Housing bubble? Demographic collapse?
The idea that China (a command and control economy) hasn’t planned this out is next to zero.
Command and control economies are usually run worse than the corporatist economies of the "free world". There is a reason why endless Soviet 5 year plans didn't work, as did the Great Leap Forward.
well...it did work. It just took a lot longer. It's now referred to as Build Back Better.