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thoughtcrimeboss pfp
thoughtcrimeboss
@thoughtcrimeboss
I think the Trump tariff dumpster fire is yet another good example of why centralized control over the economy and trade is such a bad idea. Free trade and free markets are better for everyone.
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Chainleft pfp
Chainleft
@chainleft
But China, who is arguably more centralized (unless you consider the internal election process decentralized), is doing better? Doesn't track...
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Peter Ogilvie pfp
Peter Ogilvie
@pogilvie
I think the grass is always greener on the other side of the hill. On the whole the us was doing better than China until the current unforced errors
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Chainleft pfp
Chainleft
@chainleft
No, China has been measurably better for a good 3-4 years at this point (arguably longer, but last few years closed the seal)
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Peter Ogilvie pfp
Peter Ogilvie
@pogilvie
What metrics are you looking at? I was thinking about the evergrande collapse and the demographic collapse that Peter Ziehan goes on about.
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thoughtcrimeboss pfp
thoughtcrimeboss
@thoughtcrimeboss
China is fucked long term. Their years of controlling how many kids you could have has led to a demographic ticking time bomb. They have been forced to turn up the stimulus to high levels and that will not last forever. They have to artificially stimulate their economy just to get some growth out of their rapidly aging population. It is a house of cards.
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