Comments by "Winston Smith" (@kryts27) on "Fiscal Funds Dry Up! No Salary for a Year! Police u0026 Doctors Are Crying, Facing Layoffs!" video.

  1. Looking at China now looks like the early Weimar Republic in Germany. Rampant inflation and currency devaluation will come next; a policy of stagflation, i.e you need loans to pay for bad debt loans. Especially if the government attempts to fix value of things. However, Chinese are not spending and consuming, so more likely a dead zombie economy will set in, i.e chronic deflation and bank failure. Massive unemployment already has ensued.
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  2. Local and provincial governments in China are bankrupt. Right now with no relief in sight. What the heck will happen next? Nothing good probably.
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