Mfs seem to have forgotten that Chinese GDP PPP is already higher than the US
The Dredge Tank. For posting all the low tier reactionary bullshit that you can't post anywhere else. Got some bullshit from Reddit with 2 upvotes and want to share, post it here.
This community was created with the purpose that Rule 8 fans will just block it.
The rules are literally The Dunk Tank's rules, just without rule 8.
Rule 1: All posts must include links to the subject matter, and no identifying information should be redacted.
Rule 2: If your source is a reactionary website, please use archive.is instead of linking directly.
Rule 3: No sectarianism.
Rule 4: TERF/SWERFs Not Welcome
Rule 5: No ableism of any kind (that includes stuff like libt*rd)
Rule 6: Do not post fellow hexbears.
Rule 7: Do not individually target other instances' admins or moderators.
It's probably just a case of America's currency being overvalued, since china's gdp has only fallen wrt America. As for why America's currency is overvalued? Probably the result of the euro, the dollars main competitor, being shafted by the Ukraine war
To understand this a bit better, look at this chart comparing the dollar to rmb and this one against the euro showing the dollar's massive gain directly after the Ukraine war.
In fact, the dollar was in a big slump during covid times (likely because the americans increased their money supply the most, and also because the slowdown in global trade hurts the imperial hegemon the most), and recovered right in the early stages of the war.
In concequence, right now, nominally speaking, America underwent significant growth. More accurately, you could say that the Ukraine war restored America's power as the imperial hegemon after its corrosion during corona. This is also why liberal media and the DNC insit so much that the economy is doing great. From the perspective of the imperialists, it genuinely is.
This is why i love hexbear. Some crazy memes mixed with some high quality effort posts with links and everything.