Comments by "Louis Giokas" (@louisgiokas2206) on "Xi’s Family Has $700 Million? CCP’s ‘Some Get Rich First’ a Joke; Jiang’s Clan Grabbed $1 Trillion" video.

  1. The comments at the end about what Xi could do are kind of silly. First, the Chinese people are mostly peasants, still. They have no experience of democracy. Even Sun Yat-sen was a socialist. His commitment to democracy was not strong. His successor was a warlord. It took the KMT a few decades to move toward real democracy in Taiwan. The other thing to understand is that there is a lot of counterfeiting and IP theft that is not done by CCP officials. Yes, the CCP tolerates it, but it is the people who actually do it. Just watch some of the videos on this channel, and others, for examples. After the Qing dynasty fell China went through a warlord period. Frankly, Mao and Chaing were just two of many. As an example of counterfeiting, I saw on firearms channel a lot of instances where the Chinese were copying western firearms, without paying any royalties of course. This was 100 years ago. Sometimes the copies were reasonably good, while many times they were not. Nothing has changed. The odds are that China will break up into waring regions. There is even talk about the southeast, which has generally been at odds with the northern plain, even joining with Taiwan. Unified central control in China is actually a rare thing. Finally, why would the US, or anyone else, want to "help" China? They are in terminal demographic decline. Projections are for the population to drop to 500M by the end of this century. They also don't have massive natural resources. Those they do have can be found elsewhere. As an investment destination, they are toast. There are lots of other, better places to put capital, including political capital. The original impetus for investing in China was twofold. One was a large, cheap labor force. The other was a large potential market. That ship has sailed.
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