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davel@lemmy.mlto Memes@lemmy.ml•Who Remember This? We Also Broadcasted It Live To SchoolroomsEnglish23·5 days agogrok is this true
davel@lemmy.mlto Memes@lemmy.ml•Who Remember This? We Also Broadcasted It Live To SchoolroomsEnglish201·5 days agoIt was a snow day. A neighbor saw it live from his huge-ass satellite dish. He called to tell me it blew up, and I thought he was taking the piss.
😂
Reporter: [REDACTED]
Reason: Propaganda
davel@lemmy.mlto Memes@lemmy.ml•Worlders: "But China TANKS! BAD! CENSORSHIPPPPppeee"English1·9 days agoPlease don’t troll instances. Stirring inter-instance drama is corrosive to the threadiverse.
You do know what average means in this context, right? You divide the sum of the empires’ years by the number of empires.
davel@lemmy.mlto Memes@lemmy.ml•"We can just vote our way into making it work!" 😁🙄English162·13 days ago
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.
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.
That’s Grimm.
I’ll be here all week. Try the veal.