Biden calls China a 'ticking time bomb' due to economic troubles
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.
Omfg you people really spam every China related thread on our site huh? Forcing us to endure seeing your annoying asses at every corner, is there no way to block every hexbear user?
our site
sorry to break it to you, but the person who runs your instance might be more aligned with the hexbears than with you.
I found a website that doesn't have those loser Hexbears. Here let me show you.
Go back to Reddit with the other bazinga dipshits
Have you considered turning the other cheek?
"you people"
Excuse me, I'm here to show my support for Comrade Joe
it just so happens to also be a China thread
We have to put up with you too, you realize.
our site
You've been here 3 days.
Dude, take a break!
I mean I completely disagree with you, but this thread can't be healthy for you. What purpose is it serving to get enraged here?
I'd say take a breather and if you dare: ask yourself how reliable your impression of China really is, maybe research some older claims that have been proven to be misrepresented or false, like this for example. Not saying you have to become a fan, but there seems to be a propaganda effort to prepare the public for a economic/military war with China. So more people need to be sceptical.
You seem to haven't accepted it yet, but the capitalist class, through the means of communication they control, construct most impressions you have of foreign countries (without them being able to interject) and facts are negligable as they have been in the news-medias support of every US war effort in history as well.
I got a little carried away, but I meant it in good faith, you decided to wear a badge of socialism after all.
What you do is obviously up to you!
Just keep dropping this link on the hexbears whenever you can:
https://en.wikipedia.org/wiki/1989_Tiananmen_Square_protests_and_massacre
They're either clueless teenagers that only know the things they've learned from TikTok or working for whatever the Chinese equivalent of glavset is. Either way, they tend to make themselves scarce when that link is dropped on them.
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.
China's economy is stacked like a house of cards and could come crumbling down due to some unforeseen global financial shock, but then again that sounds like most modern economies. I think people just pick on China because, instead of having a group of billionaires stack up the cards, the government does it themselves.
The Chinese government stacks the cards though it actually has the capability to use some toothpicks to hold them in place, and will immediately rebuild it things start to fall apart.
To contrast, the US will flounder and pull their one "low interest rates" lever while having a political blowout over some sort of stimulus funding package that probably won't pass.
If that's the case then the US's economy is a card dealer pointing a gun at everyone at the table
Well, actually it's because China's roaring economic success is both deeply embarassing and existentially dangerous to international fascism and it is absolutely vital that they both discredit China and prevent their thoroughly indoctrinated population from learning anything about China at all costs.
If you think China's economy is a time bomb wait til you hear about what it means when the dollar is no longer the reserve currency around the world.
Looked up one of the videos shown in that video and saw one of them was actually bold enough to add an update...
The country that leads the world in mass shootings shouldn't be labeling other countries as "ticking time bombs."
By my estimates, China has only 70 more years until complete and utter collapse!
Gordon Chang preparing to put himself into cryosleep.
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
The old federation is dying, the new one struggles to be born. Now is the time of unlimited China struggle sessions.
China has massive demographic problems stemming from decades of the one child policy.
So the "new federation" is just going to be made up of mostly elderly Chinese (because of the one child policy) and elderly Russians because the young people died fighting in Putin's stupid war or left before they could be drafted.
Yes comrade, the future will be run by elderly fascist federation LOL.
Fascism is a self-destructive thing, we're seeing it happening in Russia, and we're starting to see the signs of China's fascist regime (ironically called a Communist Party) self-destructing.
What the fuck are you on about? I'm talking about the lemmyverse/federation.
idk if youve read any of the papers on AI research coming out of china like i have (i translated them from mandarin to english), but they have little concern for the economics of this, the CPC's goals are to increase automation so less people output more, and have been doing so in the construction sector at a breakneck pace. china recently built the world's largest hoover-like arch dam in four years (which would usually take 12-16 years in other countries with modern standards), and plans to reduce it even more down to two years, all while cutting the number of people working on the project. theyre basically '3d printing' dams by having robotic cement trucks act as extruders and have automated sensors that determine the density of concrete to insure safety. workplace accidents are very down as well.
also idk if you know this, but china is increasing reliability and durability of appliances and making it easier to hotswap factories from different types of production easier in order to meet public demands for goods. theyre really a powerhouse scientifically, and are focusing on far more important issues than the west are
do you mean the one child policy that ethnic minorities were explicitly exempt from? or is there another one child policy you made up to support your position?
Even if China's demographic issues are as big as dumbass clickbait YT vids and reddit comments make it out to be that would still put China in the demographic position of SK a couple of decades ago. S. Korea quintupled industrial production between 1992-2010 and their productivity rose x6 while it's factory workforce dropped 25%. It's all about education, tech, and productivity. More important than the aggregate Chinese population is the technically proficient,college educated, Chinese population. That has grown 20-fold, or by 2,000%, in the past 40 years and will continue to grow due to the hundreds of millions of untapped rural population despite the decline in population.
So point is, economy is still growing. The plan has always been to create self-sustaining growth in exports to the Global South with BRI infrastructure + productivity leap at home. Both of those aspects show great success. Exports and imports to the GS are expanding and the entire SEA is brought in the sphere of Chinese digital economy. The "greater China" economy includes another billion people in SE and Central Asia.China is getting 2x to 8x productivity leaps with AI/5G apps in industry/mining/logistics.
And all that is assuming China cant and will not tackle demographic issues in any other manners
China has massive demographic problems stemming from decades of the one child policy.
Yea that can easily be fixed after I move there dw about it kid
You can lose half your working population if your workers can be more than twice as productive... which they can, given advancements in automation. That's why South Korea, Singapore, Japan, and Germany punch above their weight despite also running headfirst into demographic collapse.
Nothing has really changed (even in 21st century)
It's pretty wild that the US engaged in an economic attack that destroyed the Japanese economy, despite the Japanese government pretty much being a US puppet running on a constitution the US wrote, because they were too good at making VCRs.
The US needs to be #1 in the world and they'll do anything to achieve that.
I hope ppl remember is that the US didnโt want to be in either world war. After that second round the US fundamentally changed. And that change wasnโt desired by the US. But they felt it needed to happen. No one wants another hitler. Stalin has already shown himself to be a mass murder. The massive problem is that those who were aggressive then took over. Using that reality and fear to do it. But one thing that holds is that for 4 years the US had the bomb alone and didnโt use that for territorial gain. Same canโt be said for Soviets. The US was tired of war and wanted peace and prosperity to return. From that era I canโt defend. But this series of events in my experience are not well reflected upon.
It's been like this for a long time. Remember the Maine! And all that. I tried to nail it down once and I think like two US wars in it's whole centuries long history of ruthless warmongering haven't been wars of naked aggression conudcted under a false causus belli.
ANY DAY NOW
Me upvoting a comment and when it refreshes, seeing it's been upvoted 8 times since I navigated to the page
What troubles?
Can you describe the troubles?
Are the troubles in the room with us?
They're straight up gaslighting LMAO. This is an actual, recent headline from the wsj:
Vibes based economics
every accusation is an admission or whatever
like whenever the us economy is booming because line go up, all while a few million people are housing/food unstable
he's probably referring to this https://thenextrecession.wordpress.com/2023/08/02/china-consumption-or-investment/
tldr chinas quarterly growth has slowed and liberal economists are claiming china's miracle is over. private sector investment has shrank 0.2% for the first time since data collection in 2005 but investment by state firms has expanded 8.1% in the same period. there's also a current global manufacturing recession. doesnt mean "its over" or whatever tf they're saying but interesting to note.
CHINA COLLAPSING ANY DAY NOW
3 DAYS!!!!
I give you 2 days at most! Give or take!
My reliable sources tell me that China will collapse in
Days? Months? Years? Generations? Or just hours?
If you follow Twitter in Chinese, they're calling it the Lehman moment has happened.
President of the Ticking Time Bomb Republic says that the country that hasn't had a recession in 45 years is "in trouble" and that their 5.2% GDP increase projected by the IMF is "weak growth".
Advanced Economies
Advanced economies innovate and make things like NFTs and self-driving random incendiary devices luxury electric cars!
Old, busted economies like China just produce things like buildings, most manufactured products, scientific research, and agricultural products ๐คฎ
So they basically said "doesn't count if there is jobs growth". As long as you can keep creating 10 precarious gig worker jobs for every 9 full time jobs that are eliminated then the economy is doing great!
Remeber when the US economy collapsed in 2007 and ever since then it's been propped up by speculation, free money, zomvie companies that cannot and will never turn a profit, bailouts, and outright fraud, all while the living conditions of the people continue to decay and live expectancy plummets?
man in glass house throws stones
projection much
Like we're one to talk lmao
Everyone is, what with climate change. Southern hemisphere? Only metaphorically for now. Northern hemisphere: in most places both metaphorically and literally.
every accusation a projection
Draw a Clock! Draw a Clock! Draw a Clock!
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.
I don't think a world order built by China would be better than the shitty one we got from the US
I do to be honest.
It 100% would be better. There is nothing in modern Chinese history that remotely approaches the level of imperial devastation the US has wrought on the world. This is not up for debate by any serious person. How many countries has China invaded recently? How many coups have they instigated? Is their "foreign aid" designed to help countries develop, or to extract as much wealth as possible while keeping them impoverished, underdeveloped, and dependent on the west for their most basic needs? Has the standard of living in China been going up or down in recent decades? Now ask yourself the same questions about the US.
How do we not have a third precinct burning emoji? Anyway, there were two insurrections. Don'tu forget the millions of brave people who rose up in the largest protest action in American history, bolstered by millions of comrades around the world, to fight back against the tyranny and oppression of the rabid pigs America deploys as cops.
Aaaaannnnnyyyyy day now
US President Joe Biden comments on his wife as a woman he's never seen before, but that he thinks she looks pretty.
USA probably exploded an actual bomb somewhere while he said that.
From my vantage China looks like it is in a stronger position
What vantage is that?
The part where they have industry
Seeing in my lifetime how China replaced the US in many segments here. 20 years ago, even our plugs/sockets were US-spec. Now I am talking to you from my home 5G powered by Huawei https://youtube.com/shorts/Bk7slfSLvvY?feature=share
What is this dumpster fire of a source? How do they determine bias and what qualifications do they have to do so? Their own about page describes none of these things. It smacks of techbros who think they can remove bias with algorithms.
Ground News isn't a source per se. They provide links to various news sources so you can see different viewpoints on the same story. They try to align the sources left and right and indicate their factuality but that is just meant to be a guide to allow you to challenge your viewpoints or determine factuality and to make it clear what the ownership structure might be guiding them to write.
I've been a paying subscriber for 4 or 5 months after finding them and find it quite reasonable and interesting.
https://ground.news/rating-system
tl;dr they buy those ratings from press rating agencies and then average them.
Oh so like some kind of โsocial credit scoreโ or something curious
Ok that's not a great methodology then. This really is a shit source.
Too late Biden this guy already beat you to it
lmao he won an award for worst prediction
In fairness, ol' Joe just learned about the Tikky Tockies, so he thinks China is all clocks and timers now.
BRO WHY ARE THERE 600+ COMMENTS HERE, I'VE NEVER SEEN THIS EVER
We have no compassion and we ask no compassion from you. When our turn comes, we shall not make excuses for the posting.
Because China was mentioned by a
We hit 1100 the other day
Lemmy is a ticking time bomb.
I've been busy for one day and this happens. Federation is a hell of a drug.
1003 now
liberals
Just two more weeks!
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..
https://mediabiasfactcheck.com/ground-news/
EDIT: Come on, don't shoot the messenger..
Is there a bias checker to tell me how biased mediabiasfactcheck is?
Overall, we rate Ground News Least Biased based on publishing news stories from both sides of the political spectrum and appropriately labeling their bias. We also rate them mostly factual rather than High due to the use of poor sources that can publish false or misleading information; however, these news stories are typically reported by other credible media outlets meaning they most likely are factual.
"Both sides of the political spectrum"
didnt mean to come at you in any way btw i just had a visceral reaction to the site (and most factcheck sites tbh)
Reading the commentsโฆ
Wish I could block an entire instance at once. Is that a thing I can do?
Yeah, same. But I'm having fun sending pig poop balls to liberals before they can't handle the heat and block our instance. By the way, here is a picture of a hog with shit in its testicles. Please look closely.
Thatโs fair. I did not know the background of lemmy.ml or hexbear and Iโm certainly learning that users from particularly the latter are somewhat unstable. I just subbed to a bunch of top news communities when I joined Lemmy. Thatโs on me lol.
Yeah, some of these posts get wild. It's a shame, since the actual communists are cool.
It is interesting seeing the left's version of MAGAts, though.
Wild self admission that you consider "left wing Maga" to simply be people that do not share the same geopolitical outlook as mainstream western opinions.
You know that there are plenty of people globally, including centrists and even right wingers, that do not share the same ideology as western countries on geopolitics? Are they all "left wing Maga" now? Is any country in Africa that prefers to align with China over the USA "left wing Maga"? Are the people of Niger, Burkina Faso and Mali "left wing Maga"? Are the majority of global citizens outside of the west "left wing Maga"?
This is just an extremely childish opinion to hold.
Give us some credit we're much scarier than MAGA. We cost Hildawg her prophecied kingdom, after all!
32 trillion. Just one more. โจ
How is this still going!?
Well I can do that. But I guess that won't make any sense.
995 replies now btw
sexist weirdoes on lemmy stop using sexual violence to refer to anything challenge [impossible]
It's more about trajectories. In China, statistics such as life expectancy keep going up, and have actually overtaken the US, whereas these quality of life indicators in the US are stagnating or even going down. Is China an ideal society at this point? Of course not, but one can still recognise what has been accomplished by their plans, weather you want to call it state capitalist, socialist or whatever other label, the results are there when compared to the quality of life 40 or 50 years ago.
That's why it's pretty funny for Biden to try deflect to China.
Don't know what any of this has to do with sexual violence though.
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 Chinaโs rather large population, weโre about 30 million young people in a country with few safety nets.
Chinaโs 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?
The maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry.
literally everything about that sounds so tight. it's so funny how they try to brainwash us all into feeling sorry for fucking landlords lmfao. it's also funny how a big part of the anti-mao argument rests on having to convince people that landlords don't all deserve to get socialism'd with chinese characteristics
Is everyone who disagrees with you a bot with an army of bots?
Get over yourself. Lemmy is neither large enough nor significant enough to attract that kind of attention. Is it that hard to believe that there are different people with different beliefs?
You're the reason democracies in North America are becoming increasingly polarized and radical in their beliefs.
Dude, on lemmy consent is just not as heavily manufactured by capital interest as on other platforms.
Its the absence of bots you're experincing and possibly some withdrawal symptoms.
All good we're here for you, one doesn't get off of propaganda easily
The people here aren't bots, they just have a different opinion on certain issues when compared to the mainstream narrative in western countries. If you broaden your horizons and actually talk to everyday working people from the rest of the world, you'd realise that.
For instance, of those that support foreign intervention in Niger, 50% want it to come from Russia. Are those Niger citizens all Russian bots? Of course not, that just have a different opinion based on the history of their country and how it has been treated by the west.
love too dehumanize people who disagree
Are the bots in the room with us right now?
You are a DNC bot.
Please review the Posting Policy Bulletin and post hog for account verification.
This is an automated message. If you believe you have received this in error, click here to opt out of future communications.
Everyone but me is a bot. If you weren't a bot you'd know that.
Hey everyone! This guy is right tho! I can confirm, I'm a ccp bot. You see my maintainers been running low on social credits for some months now. need to earn some yk?
Exception in thread "main" java.lang.ArrayIndexOutOfBoundsException: 47 at paginateLlama.main(paginateLlama.java:28)
Can we block hexbear.net please?
is the free market place of ideas getting a little too free for you?
Can the Sahel Zone block the French ?
Why do we keep on looking to build echo chambers? Having discourse is an essential component of a healthy democracy.
No, using tanks on fascists is part of a healthy democracy. Have you seen America? We have less voting rights than the Chinese and part of the reason why us we just let the worst people on earth just run about saying stupid things. We have to spend all our time and energy on them instead of trying to achieve nice things
lol
Why?
Looool
Looks like jlai.lu enjoys federating with hexbear
Troll blocked.
Can we block your balls? You got cum everywhere, very disrespectful.
Lemmy World version of this post:
https://lemmy.world/post/3021192
92 comments pathetic
This is what defederating does to you.
Hilarious to think there's a struggle session in here pushing 600 comments and .world users have no idea about it
The funny thing is, the bigger these threads get over on Hexbear federated instances, the more users from instances like .ca, .ee, or .ml show up complaining about the Hexbears. That stays small in proportion to the actual discussion in the thread, but eventually becomes large in proportion to the stunted version of the thread that .world sees. So despite being defederated with us, .world threads slowly fill up with spam from users complaining about "Hexbear brigaders" as it leaks in and piles up from discussions and dunkings outside of their federation network.
Holy watered
lol
Can't wait to have the ability to block an instance at a user level on the web version...
Why would you enforce your own bubble where you only receive US nationalism?
Why not just go back to reddit?
Why not just go play Sex with Stalin?
Is creating echo chambers really desirable in our current political climate? Democracy is built on a foundation of free and open discourse, not in censoring opinions that we don't agree with. All that does is polarize and radicalize people even more.
Lmao ok settler how about you replace a few lead pipes in the ghettos you've enclosed the First Nations in before talking about democracy.
Maybe return 1 square meter of land?
Oh, it's not a matter of opinions; I just can't stand Hexbear's ugly emojis polluting my screen.
There's also them assuming that anyone disagreeing with them must be a pro-murica propaganda-guzzling librul, as well as contrarianly shilling for anything that is anti-DaWestโข (or was once communist, if we take some liberties with the term), but that's far less important ๐ค
It's not about an echo chamber. There are some instances that say the same few things without being reasonable. They're just political slogans and myths with little bearing on reality. If they were reasonable, sure. It'd be fine. They will take things out of context and when you provide context that goes against it they find something else to attack and act like it never happened. It's not useful and just makes it harder to see other things.
How do you say this 7th grade government class nerd shit and not feel deep embarrassment
I think you can do that with an adblocker like ublock: https://lemmy.blahaj.zone/comment/1887301 this was a suggestion for a beehaw user, but you can replace it with your instance.
beehaw.org##.person-listing[title$="@hexbear.net"]:upward(:is(.post-listing, .comment)) beehaw.org##.post-listing:has(.community-link[title$="@hexbear.net"])
PS...lol I haven't got it to work yet ๐ , research, try your luck.
I couldn't quite make it work either, but thanks anyway! Hadn't thought about using uBlock for that.
Holy shit a 1000+ comments
Only one answer: https://www.youtube.com/watch?v=fCV8O_EkM4w
...due to the USA's economic troubles?
There's a reason China started implementing dual circulation a few years back.