Comments by "M Simon" (@msimon6808) on "China ANGERS The West - We Won’t Destroy Our Economy For You" video.

  1.  @gelinrefira  The results are obvious. The property sector is holding up well. The expectation is that it will decline no more than 70% to 90%. Management with Chinese Characteristics is always a winner.
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  2. China has an excellent future. It is no more corrupt than Russia and just as competent. Better still Russia and China are "unlimited friends".
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  3. The Chinese Government LET property values get out of hand because it got a cut. It doesn't get any more corrupt than that.
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  4. Do you know what "bad credit risk" means?
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  5. Lets stop the fear porn and stick with the great Chinese reality. Chinese women don't want children. They want them less than any other nation on earth. China is fine.
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  6. And here we are 15 years later chugging along nicely. While China's property market is in total collapse. The Chinese economy can't support the valuations given to property. Estimates are that the values are about 10 times too high. Never seen it get that bad in the west. Banks wouldn't allow it.
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  7. America has a different system - it prosecutes Ponzi schemes. That reduces their frequency.
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  8. The Chinese Government let these companies run their Ponzi schemes. No honest government would allow such massive theft. Why did the Chinese government do it? It profited from the theft.
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  9.  @wisdomtan490  The 90% crash in property values will work nicely to crash the economy. The Chinese economy is 10 times too small to support the property values. That means a lack of retirement income for a rapidly aging population. The correction is in progress.
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  10. It is absolutely not true that China's Property Market is collapsing. That the "dollar replacement" is not tradable. And that China is not self sufficient in energy and food. No reason at all for negativity.
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  11. Property prices are expected to fall no more than 70% to 90%. The Capital Class will be destroyed along with millions of Chinese Retirement Investors. Long live the Emperor and his Party - the CCP.
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  12. @gg-petite Chinese characteristics - the Red Guards and mass murder.
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  13. China's priority is long term, sustainable growth during a population and economic collapse.
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  14. The Commissar gets his cut no matter what.
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  15. Chinese women do not wish to reproduce. More so than any other country on earth. Where is the long gain?
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  16.  @nikkion2140  Instant gratification! made the west invent the Internet. You are welcome.
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  17.  @gideondejongh838  Lucky that the Chinese don't notice a collapsing property market and birth rate. Ignorance is very valuable. Until it hurts.
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  18. Communism is not about common prosperity. It is about common prosperity TALK and theft. And who can leave out the Red Guards and mass murder?
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  19.  @widodoakrom3938  "China economy growth 6.3% in Q2 in 2023 so it will be fine" And those are official Government statistics. Very trustworthy. Especially given that the Chinese property market is in total collapse. And not discounting for tofu dregs construction.
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  20.  @wisdomtan490  China has lots of time. In 50 years it will be a nation of 600 million. That is an astounding growth rate. It has never been done before.
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  21.  @wisdomtan490  Chinese women don't want children. They want them less than any other nation on earth. China is not fine. Nor will it be.
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  22. Are there are no Chinese laws against Ponzi schemes? Or was the government getting a cut/
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  23. Real food imports = Food eaten minus food grown in China Real oil imports = well you get the idea Still having trouble keeping the electricity on?
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  24.  @lezzgp  Then add in the business collapses due to the lack of profits and what do you get? Communism.
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  25. You understand that the Chinese Government LET property values get out of hand because it got a cut. It doesn't get any more corrupt than that. Papered over with Socialist Talk.
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  26. In theory. In a subsistence economy. But if you have a farm tractor and a mortgage...............
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  27. A country whose population is sharply declining while heading for an average age of 60 is not a viable country. The US Government takes care of investors (we have laws) because it likes investment. China should definitely discourage investment and profit. Profit is anti-communist.
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  28. Bail the property developers. Then the citizens.
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  29.  @gelinrefira  That is how communist/authoritarian systems claim to work. It is not how they actually work. Every one has a hand out. - is the usual way business is done especially in those kinds of places. Loyalty is bought.
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  30.  @gelinrefira  How does the ongoing property collapse put the interests of the people first ? It was an obvious Ponzi scheme. The Government did nothing to stop it. It was getting a cut.
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  31.  @youwaiyap2708  It is going to happen. Best in the open with rules. Rather than Chinese, hidden. It is in our Constitution. You can petition the Government. Lobbying is a form of that. We have rules beyond the Constitution. BTW I was a 2708 guy in 1976 for about 15 years. I sold a lot of EPROM erasers until FLASH. Wrote an article in Kilobaud about it. .
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  32. The article is "Faster Erase Times"
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  33. Excellent. Now China can destroy its economy on its own. The property sector looks like an excellent investment with property prices crashing and tofu dreg construction causing more collapses. And who would leave out the high rise fires? The inspectors must have been paid well for those. In 20 years the average age of China will be 60 years.
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