Communism will always end like this no matter how long they go it will always come crashing down.
China crushed their own currency in a cycle of debt and inflation to stomp out all foreign competition and dominate the market with goods cheaper than the material used to build them.
No mater how U calculate, that is a suicide strategy. They kill our business because no one can compete. While amassing huge amounts of foreign capital.
But on average they made a loss on every transaction.
Conclusion.
In an effort to dominate the worlds production and kill all western competition Chyna ended up working for free.
While doing that they sure hurt our business and gained lots of foreign capital.
But when they finally crash we will just rebuild our industry. If we were to remove the climate taxes the west would rice like a fckng rocket and leave Chyna in the dust.
And when much labor are replaced by robots I fail to see the reason to import from Chyna.
The freight cost...
Of course the retards, the lazy, the gullible, the opportunist, the criminal, the revolutionary activist is going to keep the ideology of Communism alive forever, but there is hope that it is going to be proven beyond the shadow of the doubt...
Communists are the retards, the lazy, the gullible, the opportunist, the criminal, the revolutionary activists and they are a drain on the resources of Humanity.
Feels great while you're spending it, but you can't spend other people's money forever.
That's not just for nations, it's for individuals too -- racking up your credit card feels great, you look like a hero because you can buy anything you want, you can pay for others stuff, you don't even need to earn much income.
Japan also did this strategy of spending tons of debt. America for the past 25 years as well. Japan is a tiny little island that looked like the new superpower while they racked up incredible debt, America was able to pretend it was still a global superpower, but the bill comes due eventually. Japan has been dealing with the consequences for a decade, the US has been beginning that phase, and China isn't too far behind.
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@asa @EvolLove @sj_zero @FourOh-LLC @DrFell
Remember the death of Soviet Russia, it simply expired in its sleep.
And? The other post was about Japanese debt.