“What’s so bad about deflation? Don’t people like it when things are cheaper?” Xi Jinping famously declared to his economic advisors in 2024. And ever since then, the very word “deflation” has become a taboo topic in China. Any economist in China who mentions the word risks being censored, banned from their social media platforms, … Continue reading As China’s economy continues its downward spiral, millions of Chinese prostitutes are being infested with AIDS from African immigrants.
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