I know the general gist of the situation. Low spending from domestic households, real estate bubble, excessive government influence on industry scaring investors, and so on.
My problem with it is that most headlines make it sound like it’s all gonna implode spectacularly tomorrow. The articles themselves usually paint a more reasonable picture of the situation, similar to your comment. But most people don’t read the article. They just see the headline over and over.
Better batteries do happen. Every headline you’ve read is only a part of the solution. Battery research advances by trying ten things, but only one of them pans out.
Feels like I’ve been reading headlines like this for at least 3 years now. If it all finally comes crashing down, it’s gonna be a big one I guess.
That’s because its GDP growth has been hit hard in that same time period. Lifting Covid restrictions didn’t make it come back.
It may not crash, per se, but Japan went through an era of general malaise, and that might be what China gets.
I know the general gist of the situation. Low spending from domestic households, real estate bubble, excessive government influence on industry scaring investors, and so on.
My problem with it is that most headlines make it sound like it’s all gonna implode spectacularly tomorrow. The articles themselves usually paint a more reasonable picture of the situation, similar to your comment. But most people don’t read the article. They just see the headline over and over.
Japan calls it the lost decade or something similar.
Economists have predicted 50 of the last 5 recessions.
But they missed the 6th
This and the better battery are always a headline away
Better batteries do happen. Every headline you’ve read is only a part of the solution. Battery research advances by trying ten things, but only one of them pans out.
Cure for male pattern baldness has joined the chat.