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Comments by "" (@badluck5647) on "Can the U.S. Secure a Drone Tech Edge to Compete With China’s Military? | WSJ" video.
@vlhc4642 China is incredibly unproductive. They use three times the amount of energy and six times the amount of labor to produce the same value. China about to enter their lost decade like Japan did in the 90s. You can already see the signs with deflation, youth unemployment, and collapsing real estate prices.
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@chanisaac5167 That is a Chinese mentality. Americans just invest in more productivity per hour.
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@guangjunfan5711 A focus on exports through currency manipulation, middle income trap, upside-down demographic pyramid, etc.
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@guangjunfan5711 I would agree if China had a leader like Deng Xiaoping, but Xi Jinping keeps sabotaging the trade and companies even as the economy struggles.
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@NeostormXLMAX PPP over the entire country is not a sign of productivity. All it shows is that China has a large population and that CCP's currency manipulation has suppressed labor costs domestically. PPP per capita is a better indication of productivity. According to the IMF, America's is $80,412 per capita, while China is $23,309 per capita.
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@jimmylam9846 The newest Chinese aircraft carrier can't even launch jets off it.
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