Comments by "Matthew Loutner" (@Matthew_Loutner) on "China's Economy: Is Xi Jinping the Problem? | Vantage with Palki Sharma" video.

  1. Excuse me. China's current forex reserves are $3.2 trillion and have never been above $4 trillion. And just this week, the Chinese government notified Chinese banks to reduce their forex holdings from 6% to 4% and use the money to buy yuan to stop the yuan slide. šŸ˜ŽšŸ‘šŸ‡ŗšŸ‡ø āœļø
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  2. China is a fascist state and that is NOT an "advantage." A fascist state can move quickly and implement draconian policies . . . But are they the right ones???
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  3. Ā @CharlesDaneĀ  Did NAZI Germany or Italy have a rule that people could not leave the country? Also, you are wrong. There are very strict controls on who may leave China and for what reason. A citizen has to apply for an exit visa from the government and they have to approve the reason for leaving. Generally your reason for leaving has to be somehow beneficial to promoting China (you will bring some useful information back when you come). Fascism definition wikipedia: FascismĀ is aĀ far-right,Ā authoritarian,Ā ultranationlistĀ political ideology and movement, characterized by aĀ dictatorialĀ leader, centralizedĀ autocracy,Ā militarism, forcible suppression of opposition, belief in a naturalĀ social hierarchy, subordination ofĀ individual interestsĀ for the perceived good of the nation and race, and strong regimentation of society and the economy. (Some other definitions mention that it has a one-party system of government that runs the country.) By the way: Beijing rejected support to Evergrande because they do not have the money to do it. There is no way the CCP would let a million Chinese citizens lose their new home investments if they could prevent it.
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  4. Ā @CharlesDaneĀ  You are saying that if NAZI citizens left Germany, they would not choose to return? You need to restudy that history. Hitler got 37% of the popular vote. Fascism means that you are highly in favor of your country to the potential detriment of other countries (at times). It is like being the best school or the best ball team. You are for your own country (and race) for no other reason than it is your country -- so it is the best. The NA in NAZI stands for nationalistic pride. And if you know any Chinese, this is exactly what they think. China is THE BEST and should be the dominate world power. (Ask them why and they cannot explain it.) No comment on the exit visas. But why isn't it my own decision if I choose to move to Argentina and live the rest of my life there? That seems like MY decision for my own personal life. It is no one else's business.
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  5. Ā @CharlesDaneĀ  China is broke.
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  6. Ā @CharlesDaneĀ  Yes. I know that. But fascists are over the top about it. (and they are rascists). Like Chinese -- sino this and sino that. Sinos are THE BEST . . . other people do not like us and have sinophobia . . . "The future is Asian."
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  7. Ā @CharlesDaneĀ  You are failing to notice the "fascist characteristic" that fascism is a one-party political system where one party takes over the government and blocks out anyone who has other ideas. That is the main facet of fascism. They are so convinced that they are right that they eliminate the competition and take over and squash any dissent. (CCP) Normal people do not do that. They are fair to fellow citizens and people with alternative ideas for the country. Fascism is a one-party government.
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  8. Ā @CharlesDaneĀ  I do "really understand fascism" and NAZI Germany was both capitalist and meritocratic (same as China). The primary characteristic that makes up fascism is you have ONE POLITICAL PARTY who thinks they know better than any body else, their ideolgy is TRUTH and eveyone else's ideology is wrong. They cancel alternative thought and eliminate alternative political parties and take over the country and run the country as a party/dictator. That is China -- China is fascist. I really do not know many countries in the world with ONE POLITICAL PARTY. So I do not know why you would say it is a common thing. ************** Americans are rich and eat meat at every meal instead of rice. They know it shortens their life span and do not care. They want to eat what they want to eat. There are also a lot of car crashes in America that shorten the life span. But they are not wanting to give up their cars and ride safer bicycles at a shorter distance. The average commute to a job in America is 22 miles. That is an hour-and-a-hour bike ride for an athlete (when there is no headwind). They live how they choose to live. So what? And why should I think about it?
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