LMAO the USSR did the equivalent of a century of capitalist development in a few decades. Russia went from being an agrarian society to being first in space thanks to central planning.

You keep on waiting for China's economy to slow down though, it'll happen any day now.

In a way, yes. The last 10 years has seen China trying to discourage economic growth that isn't actually benefiting the people. They're avoiding bubbles, and trying to direct resources towards the welfare of China. For examples of this, look at:

https://en.wikipedia.org/wiki/Houses_are_for_living,_not_for_speculation

https://en.wikipedia.org/wiki/Neijuan#Economic_overproduction

Just look at the "economic growth" in the US the last few years. It's all AI-based speculation. It's economic growth, but it's clearly a bubble.

I'd love to hear why you think this is bad

the rest of the world is happy for china, is only you fucking nazis that say that kind of shit. good thing the west is turning into a shithole third world piece of shit. enjoy your collapse you human turd.

You seem to construct your argument from some rumours you once heard from indoctrinated ideologues and you don't even bother connecting the two claims ? Why are you spreading informational noise like this ?

Who gains from you learning and regurgitating these nonsensical illogical arguments and conclusions ? Could it be the oligarchy in your country/hemisphere that by any chance benefits from convincing people like you that Capitalism great, socialism bad ?

Would such a thing be worth investigating a little, you think ? Hmm ?

Please kindly educate your self to a basic level where you can criticise your own current opinions, your knowledge level, where your knowledge comes from and how to create a basic logical argument from scratch. That would greatly help everyone get smarter. Thank you..

No? As firms centralize, public ownership becomes not only necessary, but more effective and efficient. The Soviet economy was one of the world's fastest growing up until its dissolution.