Louis Giokas
China Observer
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Comments by "Louis Giokas" (@louisgiokas2206) on "Another Billion-Dollar Chinese Financial Empire Collapses, Once Fabricated 80 Tons of Fake Gold!" video.
The comment at about 4:10 about the west not needing to take actions is sooo true.
My investment advisor was hoping that Xi would get a third term. His reasoning was that Xi would tank the economy through his incompetence. How right he was.
Of course, this was to be expected. The CCP, after all, are a bunch of commies. They really have no idea of what a market economy really is. Their attempts through direct government intervention in the stock market proves that.
Xi, in trying to solidify his rule, has reverted back to a more pure Marxist-Leninist ideology. He adds the term with Chinese characteristics. This is just a cover for a national socialist model, based on ethnicity. Remember that from the 1930s in Germany? He will need another Cultural Revolution (long live the Cultural Revolution!) and perhaps another war, or both, to maintain power.
If Xi were to openly send arms to Russia, or start a war, the west's reaction would be sanctions, which would quickly destroy China's economy. Woe to the Chinese people.
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