Post ArFYmT5C6DjM9ECLLs by jonmsterling@mathstodon.xyz
 (DIR) More posts by jonmsterling@mathstodon.xyz
 (DIR) Post #ArFYmKZLkjVLk9Enbc by jonmsterling@mathstodon.xyz
       2025-02-18T06:57:39Z
       
       0 likes, 1 repeats
       
       https://www.nytimes.com/2025/02/18/opinion/china-xi-jinping-trade-manufacturing-tariffs.html?smid=nytcore-ios-share&referringSource=articleShareI am obviously the last person to be a fan of Xi Jinping, but this article is hilarious… They are mad that (checks notes) China has spent its money building critical distribution and manufacturing infrastructure instead of just letting it rot like the “advanced” US and UK economies do?Yeah, it turns out that building bridges and roads and factories is a great idea, both for resilience at home and abroad. Who would have thought? Certainly not me, who rides over approximately 400 potholes every day on my way to work…
       
 (DIR) Post #ArFYmT5C6DjM9ECLLs by jonmsterling@mathstodon.xyz
       2025-02-18T07:06:13Z
       
       0 likes, 0 repeats
       
       The Chinese real estate bubble and subsequent meltdown were obviously predictable, given the capitalist nature of China’s economy. That is what they bought into when they turned away from the socialist road many years ago…But it is also very funny to hear people talking about the real estate bubble as revealing the bankruptcy of China’s economic model. Like, you are so close… You almost got it…