What is this with the Cheesecake Factory?
I haven’t thought about it in years and suddenly everyone is bringing it up like it’s some kind of cultural touchstone.
@fredsoda
derek guy@dieworkwear12h🇺🇸
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Cheesecake Factory populism is so weird to me because the rise of chain restaurants created over-the-top, replicable dining experiences, which eventually put the final squeeze on mom-and-pop restaurants, such as the US version of trattorias. I would argue those family-owned neighborhood businesses made the dining experience feel more special and pulled communities together. The shift to chain restaurants homogenized American life and concentrated corporate power. Strange to frame corporate consolidation as "populism."
Replying to @Fidelcashflwo
Bro… objectively… FSD doesn’t even work in China… dumdum.
On any medium to long term timeframe, China has increased household consumption more any other economy. All 218 of them…
And not by a little… by a country mile! Twice as fast as second place Asian Tigers.
Do wypipos jess repeat retarded background noise?
Replying to @woke8yearold
It's kinda weird that a marxist country doesn't understand that raising aggregate demand is a core aspect of industrial development. Under the marxist lens democracies succeed because the interests of consumers are represented, accelerating aggregate demand. From abolition, civil rights act, consumerism, wokeism, welfare, etc. half of American history has been innovating on ways to increase aggregate demand.
The hukou system, lack of strong safety net, weak capital markets, cracking down on consumerist media, etc. don't help. I can see why someone would want to avoid overproduction and consumerism but stronger social nets would probably net decrease unemployment here.
The treatlerite is simultaneously America's greatest weakness and strength.
Even in the short term – post COVID – China’s per capita household consumption has outgrown all major economies.
2.3x faster than the US, 5.7x faster than EU and Japan was negative.
Replying to @_ueaj @woke8yearold
On any medium to long term timeframe, China has increased household consumption more any other economy. All 218 of them…
And not by a little… by a country mile! Twice as fast as second place Asian Tigers.
Do wypipos jess repeat retarded background noise?
I know very little about Brazil except that it’s the greatest country in the world.
Replying to @shetlerjones
Yeah but… for thousands of years, China’s economy didn’t do this:
Replying to @pozzoron @Molson_Hart
No dude… in China, the Communist Party makes sure markets are competitive so profits are competed away.
It accomplishes similar things a command economy would… of course, that’s how markets are supposed to work in a classical Adam Smith economy.
But capitalist economies kinda forgot that (all Mag 7 companies are monopolies).
Replying to @Why__Knot
The stiffest most wyboy upper lip on all of Twitter 🤦♂️



















