Ah yes, it’s always everyone else’s fault for not buying enough shit, and not wage stagnation and market saturation with pointless product offerings driven by the soulless demand for ever increasing growth by the wealthy under capitalism.
Never the system at fault, always the exploited not being obedient enough market consumers.
That’s right, it’s the best system possible and we should never question it.
Especially since if you question it you’ll die by the “invisible hand of the market” and be labelled an example on why any system other than capitalism can’t actually work.
That’s right, CIA trained death squads will educate you on the virtues of freedom and democracy.
It’s funny to hear something like that from Russia/China supporter.
China hasn’t been at war since the 70s while US has been at at war for 92% of its deplorable existence. Anybody who supports US over China is utterly morally bankrupt.
Go figure rampant profiteering would impact demand.
Huh, people aren’t buying stuff.
Better raise prices more to compensate! That should help.
The contradictions are sharpening.
Meanwhile, demand in the massive Chinese market has been weaker than anticipated. Official data for June showed dollar-denominated imports down from the previous month and falling on the year for a fourth consecutive month.
L’Oreal CEO Nicolas Hieronimus acknowledged in an earnings call in July that consumer confidence in China is “not yet at the pre-COVID level.”
So the West is decoupling their economies from China, as they should
If you mean the west is going into a recession and demand is shrinking then sure.
Meanwhile, US economy has been buttressed by cannibalizing Europe where things are rapidly deteriorating.
Stagnating salaries and increasing cost of living having an impact on offer vs demand? No way
best news i read all day
