newH0pe

u/newH0pe@feddit.de
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This housing crash in China ridiculously huge especially if you consider how much of China's economy is the housing market.

It will be interesting to see how this might effect housing prices worldwide. I just hope they will finally sink.

Well the USSR did also have a huge industrial machinery. But one thing that seems to emerge as a lesson from its downfall is that it is really hard to steer an economy with quotas and plans from the top.

A good market usually gives better incentives for people at every level. The problem is getting a good market which is definitely not the same as the libertarian dream of a super free market. Without good regulations it's really easy for markets to get captured or become exploitative.

Some thinks should never be privatised(like infrastructure). And I think lots of industries would benefit from a state run (mostly nonprofit) competitor.

on *Permanently Deleted* · c/dach · 3 pts · 3y

Wenn die Waffen vergleichbar mit denen der Briten und Franzosen sind, wehe ich keinen Grund diese nicht zu schicken. Je eher die Russen aus der Ukraine verschwinden desto besser.