Tag

Economic Frustration

All articles tagged with #economic frustration

international-relations-economy1 year ago

"Chinese Protest at U.S. Embassy Over Stock Plunge"

Chinese citizens are expressing their frustration with the slowing economy and weak stock market on the social media account of the U.S. Embassy in Beijing, with a post about protecting wild giraffes attracting over 130,000 comments, many unrelated to wildlife conservation. The U.S. embassy has been described as the "Wailing Wall" for Chinese retail equity investors, as they use the platform to vent their economic grievances. Chinese authorities often block negative online comments about the economy and markets, and have been trying to calm investors with positive messages, which have sometimes backfired.

international-relations1 year ago

"U.S. Embassy in China becomes 'Wailing Wall' amid stock plunge"

Chinese citizens are expressing their frustration with the country's slowing economy and weak stock market on the social media account of the U.S. Embassy in Beijing, turning it into a platform for venting. A post about protecting wild giraffes by the embassy attracted thousands of comments, many unrelated to wildlife conservation, with some users expressing their economic grievances. Chinese authorities often block "negative" online comments about the economy, and efforts to calm investors have sometimes backfired, as seen with a recent headline from the official People's Daily being mocked on social media.

economy2 years ago

"McDonald's Order Reveals Inflation and Economy Anger under Biden"

A viral TikTok video featuring a $16 McDonald's meal has become a symbol of voter anger towards President Biden's economic management. Despite inflation subsiding and positive economic indicators, social media platforms like TikTok continue to amplify negative narratives about the economy, leading to widespread discontent. The White House is grappling with how to address this frustration and improve its economic messaging, with some advocating for highlighting Biden's accomplishments while others suggest focusing on criticizing large corporations and Republicans. The media's disproportionate focus on negative news and the influence of social media are seen as contributing factors to the public's perception of a deteriorating economy, although some experts argue that voter discontent is rooted in real economic challenges such as rising prices, stagnant wages, and unaffordable housing.