this post was submitted on 31 May 2025
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It's okay. Europe and China will replace the US and the world will be better off.
Hahaha y'all been saying that for a decade already don't you get bored?
China is dying too silly. Their housing bubble is a nightmare, their currency is not desirable and all their factory jobs are going overseas.
You're saying that as if the US economy hasn't been a fucking bubble bath ever since the stock market got created. Bubbles don't matter apparently, which is stupid but this is the world we live in.
That's the point, they don't want to make their wages incompetitively high by inflating their cost of living and thus nominal wages to the moon like the US.
That... is the goal? Factory jobs are low-added-value, you need educated people doing high wage jobs to become a developed country.
I'm not stanning China, there are plenty of shit things aobut the country, but looking from here in Europe, it looks like they are a better partner than the US. Both of them do genocide, have a shitty human rights record, have neocolonial tendencies, shitty worker's rights, no proper democracy, etc.
But China is at least stable as a trading partner.
Lol no it isn't. Do you only remember the last six months? China has been unreliable for years. The quality of their products are always questionable, lead in cinnamon, plastic fake rice, sketchy backdoor access into anything that comes out of that country. Sure.
On top of that, China is speed running the US downfall. It took decades for factory jobs to leave US, it's taking a single decade for them to come and go out of China.