- cross-posted to:
- europe@lemmy.ml
- cross-posted to:
- europe@lemmy.ml
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Kind of crazy to talk about China and economical boom when they‘re still suffering from the housing bubble burst that turns out to be more than twice as bad as the financial crisis in 2008 was globally. Chinese citizens have de facto no savings anymore. It got all wiped. AI and automation are taking their jobs left and right. It‘s an insane powder keg that will likely end in a very ugly war of attrition.

