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Biden calls China a 'ticking time bomb' due to economic troubles (ground.news)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 74 points 2 years ago (22 children)

What troubles?

Can you describe the troubles?

Are the troubles in the room with us?

[–] [email protected] 74 points 2 years ago* (last edited 2 years ago) (8 children)

They're straight up gaslighting LMAO. This is an actual, recent headline from the wsj:

https://archive.is/SBNOE

[–] [email protected] 45 points 2 years ago* (last edited 2 years ago) (1 children)

Reaching levels of copium not thought possible.

[–] [email protected] 33 points 2 years ago* (last edited 2 years ago)

dont-laugh I love how some of the opening lines talks about interviewing a single Chinese person failing to run a business

One entrepreneur interviewed by The Wall Street Journal said that one of his businesses, a distributor for LED screens based in Shenzhen, is suffering from widening losses as overseas orders dry up, leading him to slash prices to compete for domestic clients. Having laid off more than 50 out of 120 staff since 2022, he said he is contemplating whether to shut the business this year.

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