this post was submitted on 22 Dec 2023
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the_dunk_tank

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It's the dunk tank.

This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.

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https://archive.ph/9a20k

The massive cope and nonsense is off the charts.

Here's to an even "luckier" 2024. xi-lib-tears

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[–] LibsEatPoop@hexbear.net 94 points 1 year ago* (last edited 1 year ago) (4 children)

The entire article is laughable of course, but I have to just admire the sheer audacity of the last part:

If Xi’s government privatizes inefficient state-owned enterprises, expands access for foreign businesses, and provides more social services and better protection of private property, the economy would embark on a much stronger growth path.

As no such reforms were implemented in 2023, the stalled economic recovery should not have come as a shock. Things could get worse for China in 2024 without new pro-market initiatives. Xi might then have to pray for a bit more luck.

Wow. I wonder why this commentator thinks US/West who already do these things are struggling right now, even more than China?

[–] CrushKillDestroySwag@hexbear.net 70 points 1 year ago* (last edited 1 year ago) (1 children)

If Xi’s government privatizes inefficient state-owned enterprises

Earlier this year Xi's government saved the Chinese economy by buying up a massive chunk of the private real estate sector, literally the opposite of this nerd's prescription.

[–] huf@hexbear.net 49 points 1 year ago (1 children)

you're supposed to just give them money, not buy them up! it's a sin if the government gets to own stuff for its money...

[–] Tankiedesantski@hexbear.net 8 points 1 year ago

:dog-with-ball: No consequences! Only profits!

[–] Juice@hexbear.net 38 points 1 year ago* (last edited 1 year ago)

Its this guy's job to convince the readers of Business Insider: dentists, chiropractors, sea doo dealership owners, petty land lords-- not to invest in Chinese businesses. If people see China as a place that's thriving they'll invest in Chinese markets, which will make it harder to convince these petty bourgeois investors to go to war with China

[–] SacredExcrement@hexbear.net 30 points 1 year ago* (last edited 1 year ago)

Simple, they're not doing enough

Commie Joe needs to cut corporate taxes to a flat 2%, increase incentives for businesses in the US, and levy heftier tariffs on Chinese goods

[–] Tankiedesantski@hexbear.net 12 points 1 year ago

No wonder we call economists the high priests of capital. Indistinguishable from some priest doomsaying the next harvest because we didn't sacrifice enough bulls this season.