No paywall link:
Pretty honest article, reminded me of Marco Rubio's warnings about Chinese Capitalism.
America is clearly having trouble making up its mind about whether China is Capitalist or Communist.
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American Economics Thread
- Thread starter Bernard
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No paywall link:
Pretty honest article, reminded me of Marco Rubio's warnings about Chinese Capitalism.
America is clearly having trouble making up its mind about whether China is Capitalist or Communist.
Marco is past the Depression stage and entered Acceptance stage.
If you believed that, I have a Baltimore Key Bridge to sell you.
Nah: with the mix of productivity boom from AI, from all of the infrastructure and capital formation in manufacturing construction, and from the tight labor market where people both are transitioning to high productivity fields, working after long periods of not working, and getting employed and supply chains being unsnarled and the greencard backlog getting cleared - the case for secular disinflationary drivers of economic growth writes itself.If you believed that, I have a Baltimore Key Bridge to sell you.
it’s broadly matched by very strong corporate earnings, a stock market that consistently outperforms, and survey-based measures of consumer sentiment performing very very very well
The US is adding US$3.6 trillion national debt this year.
You're exactly wrong with America (if you're an actual American). No wonder businesses like BOEING is going through its existential crisis since its CEO and management team was spewing garbage day in and day out like yourself.
Someone says there's a problem in America, and the response is WHAT PROBLEMS, There's NO PROBLEMS!! EVERYTHING IS GREAT.
His response: YOU'RE JUST JEALOUS, your country can't make that much debt since you don't spend on anything except hoard your money. No wonder China's economy is in terminal collapse. Take that commie. Now, go and ask your xinnie the pooh for a raise.