China is experiencing a deflation crisis.
>prices fall>it's another shoahFucking kikes.
>>519433422Time to buy the chinese Wang
>>519433422>Consumer prices fallOy vey! A crisis, dis is anudda shoah.
>>519433422Why don't they just buy more of their own plastic crap?
>>519433784They are, but China is so based that they are getting richer and their shit gets cheaper
Oh no the chinese won't be homeless their entire lives like the americans this is antisemitic
>>519433544Dumb mulattonigger doesnt understand that when consumers dont spend the economy slows down.
>>519433784>their own plastic crapAre you stuck in the last century? The Chinese build quality is the best in the world.
>>519433422Stuff i-is affordable? Then who takes loans and chains themselves in debt?! This is antisemitic.
>>519433931Okay, then if their shit is so good they should be buying lots of it themselves.>>519433852If they are getting richer then normally that would prevent prices from falling, since a wealthier populace tends to be willing to pay more for stuff. Thus there is an abnormality in the way the Chinese economy works.
>>519434144>If they are getting richer then normally that would prevent prices from fallingNo, because China is making alot more stuff. A example is eletric cars, China is making so many that car prices have basically collapsed, and became much more affordable. There is a price war going on between car makers. Another example is delivery apps, there is a price war going on that they go to ridiculous strategies like giving away free deliveries (completely free, not no "service fee"). Another example is housing prices, after based Xi put the 3 red lines policy, prices have been going down. Based China is a example of a healthy economy where capital flows into productive sectors, not jewish financial speculation and "housing investments", meaning that increase in disposable income doesn't necessarily create inflation.
>>519434144It's called involution. They have an enormous race to the bottom as there is pressure to keep the costs and prices as low as possible. That in turn creates a spiral where companies need to lay off people because they get priced out of a market, resulting in people having less money to spend, rinse repeat.
>>519434343Then why have you not moved back there yet?
>>519434423This, when things get cheaper the economy collapses, line must go up or Mr Shekelberg will get very sad
>>519434144>a wealthier populace is willing to pay more for stuff Uh I think you’re one of those plain flat out retards. How do you think you “accrue wealth”.
>>519434537That's not the point. When everybody is so smart like they're in the chinkland everybody banks their money and waits for the time things get cheaper so they can buy them, the problem is companies will go under since nobody is consooming. People are much more averse to use their money than in Europe or America also due to demographics, a working guy or gal might have two parents and up to four grandparents who are no longer working and they're also expected to be taken care of, so you need an overhead for stuff like medical expenses as well
>>519433913>consoom
>>519434729This, i don't usually buy food because of the expetation that food might be 2% cheaper in 6 months. I'm a rational economic unit. >People are much more averse to use their money than in Europe or America also due to demographicsThis, saving money and not getting into debt is stupid and will cause China to collapse
Anyways lucky chinks. Jewish lying in plain sight “deflation” yeah how else are you gonna buy shit, they can say this because Joyim is not producing, so you can be like oooo epic scalp labubu funko pop. Fucking garbage for racists.
>>519434343There comes a point where it no longer becomes profitable to make things for a certain price point. If the price for electric cars, for example, becomes low enough then eventually it no longer becomes profitable to sell them. In that case businesses either close, are bought out by competitors, or have to start firing employees or do other things to bring expenses down. An alternative, which I suspect is going on here, is that the state can use taxpayer money to prop up those companies instead, but the longer those companies lose money the more of a burden it puts on the state.>>519434423Yeah, this is what I suspect is happening, except I also suspect that the Chinese government is bailing some of these companies out. Again, all this could be fixed if the Chinese people actually went out and bought the shit they make, but clearly they don't want to do that.
>>519433422>Goods formerly exported now has to dumped domesticallyNo doubt people here think this is a good thing.
I wonder how the Chinese citizens PURCHASING POWER growth compares to Western goys who can't even afford a home, a car, a relationship, etc.Lotta jews in these trying to gaslight.
>>519434875You are one desperately coping chinkoid. If china is so great why did you escape it to the west? Why are you not going back there?
Zomg epic scalp I have 15 electric cars ready to sell as one worker no warranty easy replace
>>519434875>This, i don't usually buy food because of the expetation that food might be 2% cheaper in 6 months. I'm a rational economic unit.More like skipping buying something more major like a new fridge, oven, car or alike. Some people do opt for the cheapest meals to save more and more money>This, saving money and not getting into debt is stupid and will cause China to collapseSaving money and not getting into massive amounts of (((debt))) is based and redpilled but when everyone thinks the same way it causes hiccups in the economy
>>519433422They can print away their money to cause inflation if they want. They're not doing it because they clearly desire lower prices
>>519435161Humanity reached the peak a few decades ago when life was worshipped instead of jobs. You should want your men to have girlfriends and have women competing against other women to buy make up, dresses, and better toys for their kids than their neighbours Everything worked, now everything is too empty and people have no reason to go outside anymore.The future world is unironically Elites paying the good life to immigrants while they live isolated in bunkers
>>519435166Even if you print lots of money and give each Chinese citizen 10,000 yuan or whatever, if they don't want to spend the money then they won't spend it. That doesn't help the companies that can't sell shit if people won't buy it.
>deflationoh no!
>>519435068yeah millions of chinks decide to leave that commie shithole for our inferior purchasing power. The tyranny of European living standards is driving gazillion chinks to buy farmland in France and holiday homes in Spain and Greece. What a travesty. The West is truly doomed.
>>519435243Wouldn't call 90s the peak exactly but it was certainly better than what we have now. Bad times are coming
>>519435052>There comes a point where it no longer becomes profitable to make things for a certain price point.Then these companies go bust. In the meantime Chinese people have cheap stuff. Based!>If the price for electric cars, for example, becomes low enough then eventually it no longer becomes profitable to sell them.Company goes bust, the surviving ones might need to raise prices, If they begin to act in a monopolistic way, like in the west, based CCP will crack down on them and put the owners in jail. In the meantime Chinese enjoy cheap stuff. >>519435161>More like skipping buying something more major like a new fridge, oven, car or alike. Some people do opt for the cheapest meals to save more and more moneyThis, if my fridge breaks down i will store my perishables in a hole on my backyard because fridges might be 3% cheaper in 6 months. I'm a rational economic unit.The only real point you might have is housing, i can see the average person waiting on buying a house because prices are decreasing. but people will still buy essential stuff even if it gets cheaper. But think of the other side of the coin, housing getting more expensive will put pressure on people to buy as soon as possible, forcing many to do bad financial mistakes. Sure, i can accept there are tradeoffs, but in the end things getting cheaper will still be better for 99%.
>>519433422Damn, I'm kind of jealous. They get to go through such a crisis every single day apparently
>>519435432>china stronk>china rich>west weak>west poor>NOOOO DON'T MAKE ME GO BACK TO CHINA MY LIFE IS RUINED
>>519435554So how come you jews don't want to go to israel?
>>519433422How horrible, antisemitic even!
>>519435554I wish i was Chinese, but the only Chinese DNA i have is from pussy juices from a couple Chinese girls. What great girlfriends they make to a good looking White man with spine like me. They don't like brown nafris/albanians like you lol
>>519435300>if they don't want to spend the money then they won't spend it.China is in the process of rolling out money with expiry dates.
>>519435554>niggers everywhere>nigger free zone and chink qts everywhere>NOOOOOO DON'T MAKE ME GO BACK TO AMERICA
>>519433913Deflation encourages consumer spending by reducing prices.>noo but John the working man won't buy a dishwasher because it'd be 3% cheaper next year every year, he'll just wash dishes by hand foreverPeople don't work like that you fucking retard.The computer industry is proof of that, for literal DECADES now if you wanted Version X of a computer, you could wait a year for Version X+1 to come out and Version X to be cheaper and buy Version X then, yet people still bought Version X when it came out in droves at full price and the computer industry has been massively booming even as the price per core, price per kilo/mega/gigabyte of memory, price per KHz/MHz/GHz of clock frequency, etc., all continued to plummet. The computer industry has been in severe deflation for years and years and years and it has been the FASTEST growing industry on the planet.Deflation creates growth.
>>519435777>>519436287Funny how you chinks always avoid answering this question. Why are you in the west? Why have you not moved to china? Just like russians, you avoid admitting the truth and keep sperging about how your home country is great and rich and powerful and the west is dead.
>>519436287>Said no one everThink before you speak