Comments by "D W" (@DW-op7ly) on "Don't Be Surprised by China's Collapse || Peter Zeihan" video.

  1. The key is Chinese Sovereign external debt.... If they ever started to run that up. And get it to a point they are looking at trillions in interest payments alone... Then there is a problem. What people see as collapsing is the result of China in most part, cutting off money supply. To its real estate sector/property developers since 2011. That's why we heard about underground economy and shadow banks around the time. Where their central Government had to step in and shutdown /regulate. These days China is on a common prosperity push. In 2008 around 70% of the people in their real estate markets were buying their first homes. By 2018 70% of the people in their real estate markets were buying their 2nd, 3rd home s etc. That was a problem as a few hundred million poorer rural folks are still expected to migrate to the cities
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  2. China has a illegal workers from SE Asia and automation problem. Plus they don't need 20 guys with a shovel. 90% of Chinese families own there own homes 80% free of any encumbrances they lead in 37 of the 44 critical technologies of the future they will do fine
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