sleeping laffey
China Observer
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Comments by "sleeping laffey" (@sleepinglaffey3886) on "Shocking! 50 Million Chinese Bachelors Can’t Find Chinese Wives, Start Harassing Foreign Women" video.
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Patriotism of Xinnie PorkPooh #slopagandpa #misery
With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
-Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing
-Tofu Exports and Western imports, accounting for 37% GDP, are down.
-Foreign investment is falling over 90% compared to it's peak in 2018.
-Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left.
-Consumer prices are experiencing hyperstagdeflation.
-Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record.
-It's fast shrinking workforce is 10 years old than neighboring countries.
- During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times.
- It has printed more money than the US and Japan combined, while it's economy is only half of them.
- Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg.
- This is a classic macroeconomic nightmare created by the CCP going way back in 1994 when they took the Yuan off the international exchange. Now in 2024, the banks and the average Chinese citizen have no idea what is the ACTUAL value of anything within the mainland. Any stimulus from the Central Govt. will be meaningless and ineffectual because the Central Bank is a part of the CCP. Thereby merging both fiscal government and monetary private policies into one ongoing disaster. Local provincial party officials were doing stimulus spending for decades in tandem of the "China Economic Miracle" which will undermine any Central Government. stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY IMPLOSION.
- in the future house prices will drop to 10% of what they were, youth unemployment will be over 70% without livestreaming, and middle class people over 35 will be unemployed and have their wages cut, with no possibility of reemployment. And most local governments and banks will go bankrupt while overseas party naked officials laugh.
How will you live in a world where real estate companies, local governments, and banks across China have almost gone bankrupt? That is your challenge for the future (will you own a worthless house and pay the mortgage?). Pensions will be bankrupt and your daily wage will be $2 or 20 yuan.
Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card
Arctic Catfish Shenzhen:Ran to australia and laughs at how Leeks are feeding her
WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
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