Lower gas prices, at least in some respects, is a nice Christmas present to those of us in the West dealing with high food prices. The prospect of the Houthis failing at expanding war in the Mideast is an even better present!
As for China, I read an interesting article in the Wall Street Journal’s 12/19/23 edition. (It’s behind a paywall, so I can’t link it here. I read it at the library.) Anyway, the ‘lying flat’ youth movement of China has now evolved to what is being called ‘let it rot’. Chinese young people, disgusted with their life prospects, are completely dropping out, moving to hippie-like rural villages, and having parties to celebrate their decision to ‘let it rot’. NOT a good sign for China’s economic future!
Lower gas prices, at least in some respects, is a nice Christmas present to those of us in the West dealing with high food prices. The prospect of the Houthis failing at expanding war in the Mideast is an even better present!
As for China, I read an interesting article in the Wall Street Journal’s 12/19/23 edition. (It’s behind a paywall, so I can’t link it here. I read it at the library.) Anyway, the ‘lying flat’ youth movement of China has now evolved to what is being called ‘let it rot’. Chinese young people, disgusted with their life prospects, are completely dropping out, moving to hippie-like rural villages, and having parties to celebrate their decision to ‘let it rot’. NOT a good sign for China’s economic future!