China will extend zero-tariff treatment to all African countries with diplomatic ties from Friday, in what Beijing called a “significant measure” to deepen China-Africa trade and investment ties.
  • Photonic@lemmy.worldEnglish
    4·
    7 days ago

    I’m not a big fan of the Chinese government, but they are playing the long game much better than the other supposed super powers.

    The US is doing their best to overclock their system so that the 0.001% can get a few billion more out of it before the inevitable meltdown occurs. And of course a meltdown will melt down, leaving the Epstein class unscathed but causing massive damage and disruption to the working class.

    • endlesseden@pyfedi.deep-rose.orgEnglish
      1·
      3 days ago

      that’s because 3/4th of the world, is in economic and political crisis, while 1/15th of the world fights over how to become the next 1940s Germany… all while one nation thinks they are already 1937s Germany and thinks they can just grab land to offset any issues…

      meanwhile they are dragging 80% of the world into chaos as we stupidly let them decide 60 years ago, to be the standard which we base our trade and economy around…

      much of Europe stopped thinking of the long term back in the 70s… I blame all the lead.

      • Photonic@lemmy.worldEnglish
        12·
        2 days ago

        It’s not just Europe where the major fuckery started in the 1970’s.

        To quote Thomas Piketty:

        Since the 1970s, income inequality has increased significantly in the rich countries, especially the United States, where the concentration of income in the first decade of the twenty-first century regained—indeed, slightly exceeded—the level attained in the second decade of the previous century. It is therefore crucial to understand clearly why and how inequality decreased in the interim. To be sure, the very rapid growth of poor and emerging countries, especially China, may well prove to be a potent force for reducing inequalities at the global level, just as the growth of the rich countries did during the period 1945–1975. But this process has generated deep anxiety in the emerging countries and even deeper anxiety in the rich countries.

        So the Epstein Class in rich countries are doing whatever they can to get as much out of the system before China and possibly India leave them all in the dust. Oil wars are a means to that end, as is addictive social media and AI replacing employees. Squeeze the public until the very last drop before the system collapses.