How come China isn't bankrupt?Instead they keep doing record investment in infrastructure and public services.
>>539403733babylonian money magic
Manufacturing might
>>539403733Amazing what can happen when you invest trillions into your country instead of into Elon and Israel.
>>539403733>How come China isn't bankrupt?They are, they've done exactly what the US did, run up mountains of debt, printed tons of money and kicked the nightmare down the road for the next generation to deal with.
>>539403844But people say there is no alternative to what we have now. Is China not a gigantic case to the contrary?>>539403840How did the governments in the west allow all their manufacturing might to go to an adversary state, just so that oligarchs could make slightly higher profits from cheaper labour? Seems like our governments were a bit silly.
This is not sustainable and they will collapse soon.
>>539403979Neoliberalism
>>539403733No jews.
>>539403733You have just gotten too used to China being poor, which is in fact a historic abnormality. Even during their less lucky decades they were still the top country by GDP, surpassing Britain until the second half of the XIX century. They had always been a manufacturing giant and what happened in late XIX - first half of the XX centuries was not a normal thing for them. Now they are simply taking back their rightful place in the world, which they had occupied for thousands of years. There is nothing unusual or abnormal about it, if anything its Europe’s rise in the XVII that was atypical and should have been curtailed much earlier.
>>539403910They don't have anywhere near the debt of a western country, and due to their immense export surplus the debt they do have is internal between Chinese state and business.
>>539403999>>539404041
>>539404091Wrong. There's israelis all over the place. Picrel. The communist chink government is subsidizing them to enter chink markets.
>>539403733What if infinite printing money is great if you have a central planned economy and can pre plan the investments instead of making the infinite cash circulate stupidly and corruptly?
>>539403979I mean, isn't it plainer in Bongland. America has pretensions that we have no social class and we have government "of by and for the people." At least in the UK you know the whole thing's a racket operated for the exclusive benefit of the Crown, the Lords, and the Merchants who rule the Commons. Seems simpler. Here they have to lie to us and tell us the tax cuts for trillionaires will trickle down or we could be trillionaires too if we just tried hard enough and were smart about it.
>>539404091There's been jews in china for over 1500 years (picrel). They look just like the other chinks by know. There will come a day when the majority of china related threads on /pol/ are chink hate threads, as it used to be, God willing.
>>539403733China can't be bankrupt, they have shitloads of US Treasuries to cover for pretty much anything.USA will go bankrupt way before Chinkland due to this reason alone.
>>539404398>They don't have anywhere near the debt of a western countryChina is literally the second most indebted country on the planet, with business and personal debt ration 2X that of the most indebted western nations.Chinks are drowning in debt, debt they can't pay.They attempted to debt trap a bunch of third world shitholes, but every loanshark knows you don't lend shitskins money because surprise surprise, they're not going to pay, so Chinas little gamble to offload it's debt on others to pay back with interest has not worked.All financially savvy Chinks are fleeing China.
>>539403733Because capitalism is fake.Raw materials are real. If you have materials, you can just do shit.
>>539403844they have to keep investing since their roads and bridges don't last a decade lololol
>>539405182You know that China imports most of its raw materials, right? Petroleum included. They're not a raw material source, they are a manufacturing and assembly industry for dated tech.
>Being able to manufacture makes you bankruptSeriously, why are Westoids so low IQ?
>>539405182>Raw materials are real. If you have materials, you can just do shit.China doesn't have materials, they have manufacturing and debt.With WW3 looming manufacturing will pivot away from China leaving them only with debt.
Slavery
>>539405114Do you have a source? You may be confusing different types of debt.
>>539403733Is simple as stop feeding the kike parasitewww.bip110.org https://www.youtube.com/watch?v=wiOFu1TlkgE
>>539405567China has invested the money not just into making the economy bigger, but also in making the economy more resilient. For example, China overbuilt high speed rail so that the country would be less dependent on imported oil.This actually saves the country money, because resilience to rug-pulls by foreign powers reduces the risk that the country will default, and thus reduces the interest rate on debt the country must pay.
>>539405932His source is the Ayn Rand Institute of Israeli Rabbinical Spirit Science.
>>539405340>dated techdespite western sanctions on high tech colputer parts to China, China produces almost all of the droes used by both sides in the russo ukraine war, so they are not too dated.
>>539403979>How did the governments in the west allow all their manufacturing might to go to an adversary stateThe China strategy since the 1970's isn't really about China, but rather Russia and the Middle-East. China is irrelevant if we controlled Russia, Iran, etc.https://www.youtube.com/watch?v=NL8LMwNCt2w&t=1844s
This is not sustainable and they will collapse soon
>>5394105272 more weeks?
>>539403733Right? Who would have guessed that creating debt to fund internal infrastructure projects like highspeed rail lines that allow for the faster and cheaper flow of goods that are domestically produced is good for a nation. They could have been giving those billions of dollars away to 3rd world shitskins instead wtf
>>539403733>How come China isn't bankrupt?>do nothing>win>do something>win anyways
>>539411632Yay, gutter oil bat soup and tofu dregs construction.What a utopia
>>539403733Half of the chinese are slaves.
>>539411558Imagine if they had their own Israel and had to funnel money to it
>>539403733
>>539403733Socialism cannot be stopped it can go on for quite literally forever so long as the ruling class wants it to.
>>539411770
>>539403844>>539403733and no niggers
>>539411705>What a utopiaYes
>>539411909Who gets in the execution van first wumao?
>>539403733Banks just print monies you retard.
>>539403733They said the same about Natsoc Germany even though it was blatantly more productive and more wealthy until the war began.>inb4 muh Mefo bills
>>539403733Fake map
>>539403733>>539412895Whoops forgot to post the real one.
>>539403733Their system isn’t based on fiat based debt and digital donations to Israel but on actual production and resources
When you have an income, you can afford to build up your infrastructure.>>539412948Denmark is going to bankrupt itself on behalf of israel and ukraine.
>>539403733How come the soviet union wasn't bankrupt when it was spending countless billions?
>>539412948>chinese seaThat's a horrifying amount of water in addition to the Pacific.
>>539413405Everything coming out of china is fake and gay. I don't care whatever shit "statistics" you post, I have been there myself, it's a dystopian hellhole 99% of people want to leave.
>>539413918I doubt it.People are travelling to China for medical treatment because the weswtern world is collapsing.https://www.youtube.com/watch?v=Bb_BgBf3ghQWhy doesn't Denmark have robots that can help their handicapped people walk, hmm?Are you simply not inventive enough?Do you lack imagination?
>>539403733corrupted pieces of shit get what they deserve there..
Chinese leadership uses fake money to build real infrastructure and production capacity. If the fake money goes away, they keep the ports and factories. Western leadership uses fake money to import and duplicate FOREIGN BIOMASS. If the fake money goes away, the FOREIGN BIOMASS rebels. Which of these strategies is inferior?
>>539405567go back to india faggot
Chinese leadership uses fake money to build real infrastructure and production capacity. If the fake money goes away, they keep the ports and factories. Western leadership uses fake money to bribe pissraeli shitkike fuckheebs so they may LARP as babylonians in the desert and eat hummus out of plastic tubs. If the fake money goes away, the shitjew betrays you. Which of these strategies is inferior?
Let's play a game of Age of Empires, in the game I'm going to give you a bunch of fake money you can use. Do you,>build infrastructure>research technology>create trade routeOr do you,>give money to shitjew player who hates you and sinks your trireme>fill guard tower with basketball player>replace own peon with poopcrap shartyjeet mercernary>do not repair burning buildingPlease choose carefully
>>539403733Banks matter less than you think
>>539416428Werner's argument is that banks matter a lot, as long as you top-down mandate that they work in a way that's beneficial, which is something China learned directly from the Princes of the Yen school of thought. China forces banks to be relatively small and to focus their lending on small firms. Small firms drive most economic activity so they actually produce the wealth needed to make the loan payments in a way that adds value to the economy instead of shuffling it around or destroying it. They push banks away from speculation and consumer lending, the former activity merely increasing inefficiency as middlemen crowd around actual economic activity, and the latter of which just creates serfs ready for catastrophic debt problems. It also pushes them away from just lending to big established firms that are very reliable but which don't do anything new.
>>539403733Because the state has a large stake in virtually every critical industry and business and will manipulate its currency, its people, and geopolitics to keep them afloat. It's basically the same as the US, just without the illusory layer of private corporations and lobbyists.
>>539403733>Instead they keep doing record investment in infrastructureAnd heres the infastructure.
>>539403733>How come China isn't bankrupt? It is. Financially and morally.
