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5 sats \ 4 replies \ @Undisciplined 22 Jun \ on: Chinas popped real estate bubble: Farmers plow fields between ruins econ
In 20 years, the idea that China was going to overtake the West will look as silly as the idea that the Soviet Union was going to.
I share your feelings about the photos. It epitomizes how people continue to strive and produce, despite the ridiculous constraints they face.
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I'd rather not
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Some people still remember how it was a mainstream opinion to speculate on Japan becoming the biggest economy on earth back in the day
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Exactly, and Japan had far more functioning market mechanisms than China. Still, Japan is a more controlled economy than much of the West and it's correspondingly a little bit poorer.
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