Honest to god, the entire first world might feel the shockwave of the AI bubble bursting. This is not only being shoved everywhere, international commerce runs on the petrodollar and, with the American continent being the biggest importer of Chinese goods, it’s hard to see that not affecting China as well.
Also, there’s a war happening on Iran, so… You will definitively feel if it all happens all at once, with the fuel crisis too I mean.
So you think china is going to be fine or have a minor hiccup? What about when the us bubble pops?
Honest to god, the entire first world might feel the shockwave of the AI bubble bursting. This is not only being shoved everywhere, international commerce runs on the petrodollar and, with the American continent being the biggest importer of Chinese goods, it’s hard to see that not affecting China as well.
Also, there’s a war happening on Iran, so… You will definitively feel if it all happens all at once, with the fuel crisis too I mean.
Centralized management of your economy allows you to respond to, and plan for, situations like this better than a pure market can.
I think the CPC will end up in a better international position because the US did not more responsibly deploy this technology.