Grappler Truth Teller Feller wrote on Jul 10
th, 2021 at 1:57pm:
So your ruling elite controlling every facet of state power while ensuring they are becoming multi-billionaires is going to provide a healthy 'trickledown' to the peasants?
You have accurately described the US economy which Biden is attempting to change.
The CCP has just cancelled what was to be the world's biggest ever IPO (of the ANT group), because it has had a gut full of billionaires and their funny money.
Quote:2049? If it was working so well why so long? If it is so solid, why the need to undermine other economies?
Lifting a billion people living on $400/year to middle income status c. $20K/year is not acheived in 5 decades. And how is China undermining other countries? The ASEAN and EU are now China's largest trading partners, ahead of the US.
Quote:CSNSP China will implode long before the West does, given the stresses it places on itself internally and on those neighbouring it. Childish wolf warrior diplomacy is just a thing disguise for being a schoolyard bully...
You will not have wait long to see your narrative crash; Western economists see China overtaking the US before 2030.
'Wolf-warriors"..... a reaction against Western meddling in Chinese affairs.