Must be nice to live in a country where people are actually put to work instead of your choice of unemployment or two minimum wage jobs (and even then good luck getting an interview) because porky is way too picky to hire anymore.
I do hear that china has very high youth unemployment though but idk how the statistics are made if lots of those young people are in university or training I guess it’s not to bad
I remember looking it up and it was about the same as Europe but higher than the US.
seeing China’s W’s, maybe we need more corporate commies
His main point isn’t even true, China is installing more electric arc furnaces every year. As of January 2024, China has installed 151 million metric tons per year of operating EAF capacity, exceeding the 143 MMt/y needed to achieve the 15% EAF production target by 2025.
British steel, for comparison, has an operating (blast furnace) capacity of 5.9 MMt/year. Yet its going to take until 2032 for them to convert 4% of what China can do in a year? LMAO
So yes, they are winning in every imaginable way
lmao, that’s more than Europe’s total steel production. Keep cryin’ colonizers
British steel, for comparison,
An Indian company shut down British steel production last year
Ta ta!
By the time the west has gone through its collapse phase, and begun to try something new socially and economically, it’s going to be so far be behind.
Even from a purely nationalist chauvinist angle, neoliberalism has been an unmitigated disaster.
