Comments by "D W" (@DW-op7ly) on "Why All Hope Is Not Lost for the Chinese Economy" video.

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  3. Nice fake narrative. You are always spouting off the same slogans even when proven wrong You for sure are not well educated And worse off than the Hong Kongers who ran off believing all we need is freedom !!!! Yeah you have the freedom to work at McDonald’s hoisting loogers into my burgers and fries 😂😂😆😆😂 👇 BN(O) visa immigrants: Study reveals 50% unemployment rate among Hong Kongers under 65 in the U.K., 99% have no plans to return 2nd November 2023 – (London) A recent study conducted by the “Welcoming Committee for Hong Kongers” organisation, which assists Hong Kongers who have immigrated to the U.K. through the BN(O) Visa, has shed light on the employment situation of these individuals. The study surveyed over 2,000 Hong Kong immigrants and found that only 50% of those under the age of 65 were able to secure employment, indicating a significant unemployment rate among this group. Many Hong Kongers attribute their difficulty in finding employment to factors such as a lack of recognition for their English language skills and qualifications. The study also highlighted the educational background of BN(O) Hong Kongers in the U.K. It revealed that 36% of the surveyed individuals held a master’s or doctoral degree, while 23% had a postgraduate degree. These figures indicate that BN(O) Hong Kongers in the U.K are nearly twice as well-educated as the average UK population. However, despite their educational qualifications, many BN(O) Hong Kongers are facing difficulties in securing employment that matches their skills and experience. Among those surveyed who were employed, 47% felt that their job did not align with their qualifications, and 20% felt that their workload was excessive. Dim sum daily
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  7. I would say you are wrong the subprime market was a bubble pop and crash The Chinese purposely deflated their bubble In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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