• zerfuffle@lemmy.ml
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    1 year ago

    China really pulled off a soft landing tbh

    Somehow consumer demand is rising again despite the liquidity crunch

    • taanegl@beehaw.org
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      1 year ago

      Is that really weird? We live in a world of weakened impulse control. People consume to fill the void inside of them.

      • zerfuffle@lemmy.ml
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        1 year ago

        It’s a soft landing, not a soft takeoff

        China had like 33% growth in exports in a single year during the pandemic. They had to normalize eventually.