Three red lines was introduced in Aug. 2020. The collapse started in Sept. 2021. It was a centrally planned, managed collapse, with the intent of making the capitalists take the hit instead of the working class. It was very unlike the 2008 one in the US, where no orthodox economist saw it coming, and the government was caught with its pants down, and it ratfucked working class homeowners to save the private banks, who had written bad mortgages that they knew couldn’t be paid.
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Cake day: July 8th, 2023
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Don’t forget to
your “housing provider.”
Capitalism is right-wing; socialism is left-wing. Private property is not about your toothbrush or house, it’s about private ownership of the means of production, which is what capitalism is founded on.
https://en.wikipedia.org/wiki/Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit.
Probably spent the weekend on Reddit, where liberal debate bro sophistry is king.
Do you think we pull these things out of our butts?
- Wikipedia: Three red lines
- EAC Int. Consulting, ~2022: Three Red Lines Policy – Regulating China’s Real Estate Developers
- Asia-Pacific Journal of Accounting & Economics, 2024: Real estate inflection point approaching? The Three Red Lines Policy in China and enterprise valuation
I think the point of diminishing returns was 👈 back there somewhere.
Maybe there’s hard data for that somewhere—I dunno—but since COVID, the Chinese state intentionally popped their housing construction bubble and made the capitalists take the hit.
There was growing wealth inequality, while at the same time all boats were rising. But now wealth inequality is shrinking, and all boats are still rising.
The Iranian government has a very heavy hand in that economy and economic freedoms don’t exist like they do in capitalust economies.
Many of us are socialists, and we don’t take issue with a state constraining the capitalist class’ economic freedom. If you live in a neoliberal hellscape like most of us, you ought to want it more constrained, too.
I see. You’re just wasting our time playing knee-jerk contrarian.
The government obviously has some influence, that is undeniable. But it’s limited
How limited? As limited as they themselves claim?
You can watch many channels on YouTube.
Who do you think funds the high-budget Kurzgesagt and PragerU videos? Who do you think controls YouTube’s recommendation algorithms, search algorithms, and censorship?
Please look into cultivating real media literacy, not the dumbed-down version they teach in high school.
- Wikipedia: List of famines in China
- Reuters, 2018, China overtakes U.S. for healthy lifespan: WHO data
- United Nations Secretary-General, 2019: Helping 800 Million People Escape Poverty Was Greatest Such Effort in History, Says Secretary-General, on Seventieth Anniversary of China’s Founding
- The Economist, 2021: At 54, China’s average retirement age is too low
- Bloomberg, 2024: China’s Energy Use Per Person Surpasses Europe’s for First Time
AFAICT, there’s nothing wrong with them.
You forgot Poland. — GWB
Not NATO, countries that just so happened to be members of NATO for completely unrelated reasons don’t even worry about it.
- Democratic People’s Republic of Korea (sources at bottom)
- A North Korea Researcher Says You Can Trust 38North and DailyNK | It’s time for a deeper dive into the propaganda machine of DPRK ‘citizen reporters’
- 📺 Three Stooges go to the Korean DMZ and ‘break’ DPRK ‘laws’ | You’ll NEVER BELIEVE what CRAZY LAWS the DPRK will PASS NEXT!!!
He’s collected fuck you money ten times over from YouTube already. He can be done with everything and never work again.
Just vote blue no matter who[1].
Some, restrictions, apply. ↩︎