Collatz_problem [comrade/them]

Banks in China still operate under market logic, and it the very market logic, which is poisonous here. State ownership just allows the state to act, if it recognizes the problem.

The problem is that if financial operations give higher and more consistent profit than manufacturing, they will hollow the manufacturing out, and the only way to avoid it is to drastically cut down the area of the market. China is not doing it, so they are vulnerable, even if less vulnerable than USA.

TBH, petroyuan and yuan as a global reserve currency will inevitably rot China from the inside, so I’d be very wary of this change.

Yes, as long as Windows will keep getting worse.