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Comment by andsoitis | Hacker News Reader

> The main product made by the US is the dollar, and it used those manufactured dollars to outsource everything. Most jobs in the US are now basically fake

These two hot takes at the top of the essay really undermines everything else the author might say in the article and brings into question how serious and critical their thinking is.

Several comments here against the article talk about the Chinese economy problems and this article in this morning’s BBC is a pretty good summary of the dynamics and the problems, notwithstanding manufacturing prowess, China is facing: https://www.bbc.com/news/articles/c8x4vj8rj9wo

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> These two hot takes at the top of the essay really undermines everything else the author might say in the article and brings into question how serious and critical their thinking is.

Does it though... If anything, the numbers prove him right:

https://layoffs.fyi/

> Several comments here against the article talk about the Chinese economy problems and this article in this morning’s BBC is a pretty good summary of the dynamics and the problems

They have been predicting 'a hard landing' for the Chinese economy every year for 15 years now. What the economic press publishes in Angloamerican countries about China is just external lobbying to scare China into opening up its market to financial speculation. Without any success. Naturally so, as everyone saw what it led to in the West in 2008.

I am struggling to see how that chart of layoffs prove him right in the assumption that: 1) the US only produces the dollar 2) US jobs are fake

If you think DOGE is a legitimate source of determining fake jobs you are mislead and not worth listening to.

This is near certainly part of a new groundwork being laid for a later misinfo campaign.

It’s wrong in so many ways, that it actively reverses reality.

I believe the core payload is the idea that America was already fading, and that it was in decline agains China / Asia.

My suspicion is the goal is to kill the idea of dynamism, feed off of the malaise people are feeling.

The intellectual payload is simply a barb for the emotional payload to be distributed.

It is partially true. Yes, the US invents the best medicines. But we spend 17% of our GDP on healthcare and a good portion of that is paper pushing and the prices used to compute GDP are not realistic. The best statistic - median lifespan - is dropping.

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