U.S. President Joe Biden on Thursday called China a "ticking time bomb" because of its economic challenges and said the country was in trouble because of weak growth.
not really, the pandemic boom is over so a lot of manufacturing contraction is happening right now. Product inventories are high and personal debt is also at a high. If the economy took a 180 and boomed again all those chinese factories would be at capacity with US orders. Still no replacement for China yet. Vietnam and India are not there.
Trying to explain to explain to people what the US and Saudi were doing to the people of Yemen and being met with blank stares that I eventually had to regretfully assume were because most people could not fathom why the lives of brown Yemenis were of any importance or interest was enlightening in the most horrible way.
He’s gotta find someone to blame when the next recession starts.
He can blame himself and his bad economic policies. Pretty simple. Who cares about China anyway?
Yea the person claiming Biden has bad economic policies wants to ignore the second largest economy in the world… 😂
Specifically the economy we rely on as much as our own because our corporations sent all their manufacturing there.
Don’t worry, they won’t be outsourcing any more once they bring back child labour… Wish I could add a /s
the international corporations are leaving fast.
I hope so. Sending our industry to a foreign country that merely tolerates us will lead us nowhere but straight to hell.
not really, the pandemic boom is over so a lot of manufacturing contraction is happening right now. Product inventories are high and personal debt is also at a high. If the economy took a 180 and boomed again all those chinese factories would be at capacity with US orders. Still no replacement for China yet. Vietnam and India are not there.
A politician… blaming themself?
It’s so crazy it just might work!
Yeah, I mean, who cares about roughly one sixth of the people who share this planet?
Some people don’t care about history or politics and view other countries as fictional places.
Wait until you see how much the typical Westerner cares about Africa.
Trying to explain to explain to people what the US and Saudi were doing to the people of Yemen and being met with blank stares that I eventually had to regretfully assume were because most people could not fathom why the lives of brown Yemenis were of any importance or interest was enlightening in the most horrible way.
just remember that biden and trump both ran ads accusing the other of being soft on china