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Joined 3 years ago
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Cake day: July 3rd, 2023

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  • People have been accusing China of fabricating the data for years. I am sure there is inaccurate information, but no more so than anywhere else. If they were doing it to the level they are accused, their real economy and the phantom economy they created would be so disparate after 40 years of staggering growth that it would be obvious without unfounded accusation.

    China seems to be doing very well at managing supply and moving their economy in strategically advantageous ways, while lifting hundreds of millions out of poverty and raising the living standards of hundreds of millions more. They also seem to be good at holding billionaires accountable. Unfortunately, their human right record and respect of minority cultures within China and outside China is awful. I wouldn’t want to live in China. I also wouldn’t want to live in the USA. If I was to be born poor or middle class, I’d prefer to be born in China, there would be more oppurtunity.


  • I lost faith in people’s goodness around Covid times. I think it’s purely self interest, just like Covid. If they can’t eat and are angry, violence ensues. We’ve seen it throughout history. It’s why bread and circuses exists as a meme. The circus part is meant to satisfy blood lust or redirect anger.

    Unfortunately for trump, the only circus is him and his cronies. Food prices are going to rise around the same time jobs are lost. Usually job losses leads to lower inflation, but in this case, it’s going to be caused by the reduced oil and thus reduced fertiliser. That’s the slow burn that will take a year to play out.