183
Chinese economy expected to have slipped into deflation as recovery falters
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 08 Aug 2023
183 points (92.6% liked)
World News
31441 readers
966 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 4 years ago
MODERATORS
Using the word "deflation" like it's a bad thing for citizens to be able to afford the things they need to live. That's capitalist propaganda for you. We're only happy when the blessedly wealthy get to have a good life.
It's a bad thing because the economy slows down and companies have less income, which means less pay for the workers.
Yer it wont trickle down!
Companies have been making record profits for years and wages have stagnated, which means less pay for workers.