Comments by "Kenz300 x" (@KJSvitko) on "China's 40-Year Economic Boom: 300 Years Cash Used Up" video.

  1. China's GDP and growth is based on debt. It is a PONZI scheme and it has run out of money. The economy will collapse. Property developers are broke, Local governments are broke, small and medium businesses are broke. Foreign investors and foreign companies have already left or will leave soon. There are safer countries to invest in.
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  2. Lie, cheat and steal are all too common today. China allows too much corruption. Theft of intellectual property is common. They try to dominate the market and put other local companies out of business. Spammers, scammers and phishing accounts are common and not prosecuted. Disinformation is a common tool to divide people and rally supporters. You can not trust any numbers produced by companies or the government from China. China's economy is in slow decline. The virus lock downs sped it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.
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