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Titanium Rain
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Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "China’s Fundamental Economic Problem" video.
@Jonas028 The writing was on the wall, they waited. This is playing catch up.
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It really isn't. Getting people to spend will require the private sector or the state to foot the bill, which is going to negate the gains.
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@NathanDrake0410 Fun fact, the Western world uses feet in aviation, because of the nautical heritage. China, former Soviet countries, etc are the ones that use metric for altitude.
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It absolutely is. And GDP would have grown with more home owners. The better off more people are, the more GDP grows. You think that somehow more people in poverty won't cause reduction in consumption and thus more layoffs and more poverty?
2
My favorite comments are the China shills going "muh xenophobia" because their handlers are convinced westerners are all "woke" and will not ask for facts and proper counter-arguments if they're accused of being racist.
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Growth is the natural state of things. It's like plants. They grow and spread. It takes a catastrophe like a disease/parasite or wildfire to curb growth.
1
It's not the "only" measure. It's the one that can act faster.
1
@user-ll7lf9pg1t Funny how the "fake economy" puts countries in a stronger position, and all the countries with "real" economies want to develop and get their fake economies too.
1
@compositeur8455 China has a low birth rate and low immigration.
1