• reparæi [he/they]@lemmygrad.ml
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    4 months ago

    The amount of braincells one can lose by reading that article oh my god:

    The good times won’t last forever: Government reigns in the speculation market into to bring down prices instead. Erm, that’s bad actually, they just destroyed the private sector that accounted for 30% of the country’s economic activity.

    Here’s some people who are not gonna buy a house because… the prices are too low??

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      4 months ago

      I find Western reporting on China always follows the pattern of looking at something that’s happening in China, and then transplanting it into the context of western capitalism. And then they come up with these conclusions how China’s economy is surely dying because if that happened in the west there would be an economic crash. They’re incapable of acknowledging the fact that China has a different economic system, and to do any meaningful analysis, you actually have to use that as the context.

      • eldavi@lemmy.ml
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        4 months ago

        Learning about the FOIA has made me realize that I’m going to have to actively avoid hearing these analyses for the rest of my life. Lol

      • Lenin's Dumbbell @lemmygrad.ml
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        4 months ago

        American intelligence agencies really fell off tbh. The CIA seems as stupid as most US institutions these days. No way they don’t have a single materialist who can see why things are going the way they are, and come up with a better strategy. Or maybe run away because they can see what’s coming for the US (as I type this, I realize this may be exactly what has been happening)

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          4 months ago

          It’s a classic example of selection pressures in action. When dogmatism becomes state policy, it starts being impossible to say anything contrary to the dogma if you want to have a career within the system. So, even when people know better, they just keep their mouth shut because they know that saying things people want to hear is the only way you advance in your career. And you just end up with an echo chamber where people repeat the same talking points to each other over and over.

          • EmmiLime@lemmy.ml
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            4 months ago

            Sounds like what the USSR were accused of having gone through. Oops, all projection once again!

        • CommanderCloon@lemmy.ml
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          4 months ago

          I do expect 3 letter agencies to have very pragmatic & real analyses that would contradict CNN, but I don’t expect them to share anything with the likes of CNN (how else would the US be able to sell everyone on capitalism then?)