I've been hearing that China is on the verge of collapse for as long as I can remember. Considering that this is the country that rose from the ashes of the Cultural Revolution, WW2, and the Opium Wars, I have a hard time believing that their current troubles are what's gonna finally do them in.
Idk seems like big cope to me. I hear the same rhetoric everywhere about how much of a paper tiger the Chinese are while we are nearing 40 trillion usd in debt, just federally.
China's economy is hanging on by a thread. And that thread really only exists because of creative accounting.
If Trump actually goes through with his promise to start slamming tariffs on imports they're well and truly fucked.
TL;DR: China big mad. China big scared.
I've been hearing that China is on the verge of collapse for as long as I can remember. Considering that this is the country that rose from the ashes of the Cultural Revolution, WW2, and the Opium Wars, I have a hard time believing that their current troubles are what's gonna finally do them in.
Idk seems like big cope to me. I hear the same rhetoric everywhere about how much of a paper tiger the Chinese are while we are nearing 40 trillion usd in debt, just federally.