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Comment by mathisfun123 | Hacker News Reader

> Our biggest geopolitical rival

People on here have zero consistency in their worldviews.

Ask any capitalism zealot (ie hners) whether markets are zero sum and they'll wax poetical about "creating value". But then talk to them about Chinese competition and suddenly everything is a rivalrous good lolol.

I hate to break it to you, your so called rival won this game decades ago when you undercut the working class to make a buck and laundered cheap Chinese labor as productivity. So if you believe the Chinese are rivals um welcome to "reap what you sew" <shrug>.

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I'm not the "hive mind" of HN or whatever. Individuals hold unique opinions.

Yes, China is a rival. No, they have not won. Their economy is in a lot of trouble, likely far worse than the shape of the US's currently. That situation may accelerate a hot war though, as has historically been the case globally.

You need to stop watching those “China is gonna collapse any minute now…” youtube videos

I don’t. I do read major reputed economists though, and they are not exactly bullish on China.

Don’t create fictional versions of the people you argue with. This is the second time in a span of 10 minutes that you’ve done it. It completely undermines any attempt to discuss something, and drops your integrity to zero.

Yeah I'm seeing how USA vs China is going.

USA: https://www.linkedin.com/videos/tpopomaronis_ive-seen-some-e...

China: https://www.youtube.com/watch?v=DUbbBdSGHE8

But... China is definitely copying... Hahahahha

I’m sorry but this is a perfect example of what the person above criticized but in reverse. Come on now.

China’s youth unemployment rate is 15%, and that’s likely heavily astroturfed to look lower than it is. Even 15% though is terrifying for a mature economy.

It doesn’t sound like their society or their economy is collapsing.

Like ours would if we had 15% youth unemployment.

Maybe we’re projecting our values?

The USA has sold its tech base off to enshittifiers. They defunded and destroyed most critical tech research.

https://www.dongascience.com/en/news/75540

China leads in 66 of 74 critical tech areas. The USA has a whopping... 8.

But hey, the USA's MBA "leadership" figures how much to worsen everything and extract more profit. I guess that counts for "innovation", in the Private Equity books.

You know who should be terrified by that rate? Us.

China's one-child policy is finally starting to hit, and its population is actively shrinking. At the moment China is not in a crisis yet, as its GDP is still growing quite well - so clearly there's plenty of economic activity.

So if a lot of old people are now retiring, and the young can't find jobs, who is doing the work? China is still a factory powerhouse, so who's screwing together the gadgets?

The answer is that they have been pushing heavily for automation, and it is working. Our biggest chance of beating China on a free market was domestic automation versus cheap overseas labor - but they have gotten there first. And that should be absolutely terrifying you.

I wish I could upvote you thrice lol

Are any of those major reputed economists Russian or Chinese by any chance?

Or are they just Western economists repeating Western bias under a veil of objectivity?

The term you're looking for is 网络水军.

> Their economy is in a lot of trouble, likely far worse than the shape of the US's currently

Source: trust me bro

People have been claiming this since the 2000s. There are Economist articles from 2005 predicting an imminent collapse of China's economy. China has only grown more rapidly since then.

China is only getting stronger. They have captured basically the entire electronics industry - except a handful of cutting-edge chips. They have captured the solar panel industry. They are significantly outperforming the traditional brands when it comes to all kinds of BEVs.

In all the ways that matter, China is rapidly racing towards or even past the West. We've been pretending that it is possible to remain relevant on the world stage while only offering services and a handful of luxury goods. A China without the West would be a painful transition, but the West without China? A massacre.

China hasn't won yet primarily because the West hasn't even figured out it is in a competition. We're getting our asses kicked and don't even realize it yet! Worst of all? The Western capitalists created China, all for a few cents of shareholder value...

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