Not being at war 😉

a lack of restrictions, I reckon

preferential treatment to Chinese companies IIRC

China is weird, they have a fuck ton of red tape but selectively enforce it

An expanding service sector, massive manufacturing, increased military spending.

Huawei basically came out of nowhere

Oh ok you know what

China’s debt is bad

Because they have a aging population

With India it’s fine because they have a younger population

They have basically no social welfare

So it doesn't matter

Lmao

I’m talking about individual debt

@Snake Indians also breed like Rabbits

Oh

Lmao

Yeah I know

Chinks? Eh, not so much

Yeah debt can be a great thing if your population is mostly in its 20’s

That’s because they’re just setting up

America is also pretty good because the millineals

(How do you spell the generations name?)

Are pretty young

millenials

Although it’s bad on the other hand because college debt is fucked

The boomers are also investing in the economy

And I bet that’s what China’s older population is doing

Old populations invest

Young ones take loans

That’s a useful thing to keep in mind

lol

'unexpected' recession

ok

lmao

even I knew it was coming and I dunno shit about the economy

the economists are massive fucking boomers, of course it'd be unexpected to them

Economist are always explaining why they’re wrong the last time...

https://www.youtube.com/watch?v=2-VR4IcDhX0

@SPOOKY Phil, Ruler of Heck, that's quite an old article, from January (do the math), and the quarterly data of the last two quarters ___OF LAST YEAR___ were available at the end of each quarter. So, it's no secret, @Snake. Furthermore, it's also the entire Eurozone having this issue, as the U.S. is importing less goods from the EU due to the trade disputes. Finally, the Yuan has continued to drop in price, meaning Europe is now importing more from China, while their surplus production has also further lowered the price of various goods. Ironically, the tariffs we've slapped on China have had the effect of depreciating the price of the Yuan, as any sound economist worth his salt would've told you, meaning the rest of the world will now import more from China as a result, while their exports into the US do not decrease. Thus, Europe will go the way of the U.S. as well, deindustrialized and transitioned into a service-based economy, and you can thank everyone who didn't listen to the "economist" for that. 😂

I'm digging in at the Federal Statistics Office.