Power Shift
China Observer
comments
Comments by "Power Shift" (@powershift2024) on "Chinaβs Silicon Valley Is Doomed! Beijingβs Malls Are Deserted u0026 Many Shanghai Shops Have Shut Down" video.
3
3
2
1
1
ββ @karlwu5599 and he's right. πππ The RMB has hit a record low not seen in over 30 years. China's currency is deflationary putting enormous pressure on China's MASSIVE bond market (their enormous debt) making them at a higher risk of default on USD trillions of dollars in loans. All mainland provinces are bankrupt with no way out. πππ Vanke, Evergrande, Countrywide, etc, etc real estate companies are beyond bankrupt and are taking 30% of China's GDP along with it over the next 2 years. πππ Why doesn't China use BRICS currency to save their economy (rupees are the only stable currency left in BRICS, enjoy your new Indian currency. πππ Where's China's de-dollarization??? Why are Chinese banks limiting citizens savings withdrawals to small amounts??? Why is China's youth unemployment over 22% (actually closer to 46%) and rising??? Why is manufacturing continuing to leave China for Mexico, Vietnam, India and SE Asia??? Why is China's birthrate it's lowest in recorded history??? Why is China the fastest aging country in human history??? Why are young people 'lying flat' and 'let it rot???' Why does China bully all of it's neighbors and claim the entire West Philippines Sea as theirs??? Why did China forcefully invade a peaceful Hong Kong, dismantle their freedoms and erase their of rule of law??? Why does China continually threaten to forcefully invade a peaceful, democratic and free Taiwan??? Why did Japan amend their constitution last year to switch from a peaceful, Pacifist country to a one that can (pre-emptive strikes) defend itself better??? Why have almost all ASEAN countries started to participate in naval military drills together and not include China??? Sorry kid, Gordon maybe been a few years off, but even the CPC knows it's over. πππππ
1