• sus@programming.dev
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      17 hours ago

      What is mutually exclusive, though, is reality and China’s “imminent collapse” which has been looming just around the corner for the past 20 years

      • torrentialgrain@lemm.ee
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        10 hours ago

        Idk people are saying the same things about the western markets as they have been for decades. Maybe a significant portion of people are just naturally drawn to crash prophets.

    • Cowbee [he/they]@lemmy.ml
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      17 hours ago

      Pundits have been predicting the economic collapse of the PRC for decades, there’s an entire sub-industry dedicated to “China Watching” that makes good revenue from predicting xyz economic collapse, and it exists because the West wants the PRC to open up its markets for foreigners to plunder freely, rather than the current situation where trade in China is heavily controlled and managed.

    • kn33@lemmy.world
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      17 hours ago

      Agreed. I’m not saying that “collapse is imminent is accurate”, but don’t act like these are mutually exclusive when the idiom “a candle that burns twice as bright burns half as long” is accurate (to itself - literally the candle).