Comments by "Winston Smith" (@kryts27) on "China’s Economy Hits a Death Spiral: Tyson Foods Left, Cargill Followed; Yuan Loses Key Support" video.

  1. The amazing thing about all this is how it all hinges on politics. China was going to decline as a long-term investment goto place anyway, because of it's rapid demographic aging, but Xi Jinping's aggressively left-wing Communist policies plus his effective neutralisation of internal opponents in the public arena (the Jiang Zemin faction), has given the signal to foreign business and investors in China to leave, and to leave fast. I worry about this as it may occur to Xi that launching a war against Taiwan to kerb his largely self-made political-economic crises at home may be his only option left to hold onto power. The business community who listened to Kissenger et. al. in the first place might consider that just replacing Xi would be optional to consider re-investment in the future, but those business elites are deluded. It's the party and it's system (the CCP) which politically and economically pollutes China; not so much the dictator presiding over it.
    19