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Deleuzionist
Jul 20, 2010

we respect the antelope; for the antelope is not a mere antelope

enraged_camel posted:

People have been predicting China's crash for well over a decade. Predictions like that are made by economic incumbents (USA and allies, i.e. the West) to sow doubt in people's minds about China's upcoming rockstar status. It's the way a veteran boxer looks at a young trainee, shakes his head and goes, "tsk tsk... he's training too hard." And then gets beaten a few years down the line by said trainee, who is now the champion.
Cool analogy, no attachment to reality. Predictions of China's downfall are predicated on the fact that China has created a credit bubble that slowly approached, then equalled and finally by a large margin overtook the catastrophic bubble that popped in the US in 2008, not in some cozy antromorphization of superpowers.

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