Comments by "Winston Smith" (@kryts27) on "China's Economic Warning Bell Rings Again for Foreign Investors: Citibank Is The First To Leave" video.

  1. It's always been that way. It's just been a while before Western wankers, sorry Western bankers, wake up and smelled the coffee from their pipe dream illusion of the large population and physical size of China in making money. Political ideology really does matter.
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  2. I really don't think that the dire state of the China economy is of all that much interest to Xi Jinping, shocking that might be to Western banks. He can make fiat possibly decisions as dictator, possibly more easily if China generally is impoverished. This is part of his plan in becoming a total socialist state, creating common prosperity (common government property) and total control over the population while he wages an international shooting war. While the techology level is obviously linked to the health of the economy, and obviously improves military technology as well. There was a failure a few years ago while Xi Jinping tried to promote high end autonomous chip production (another scam oppertunity for charlatans). In the end, the lives of hundreds of millions of Chimese really don't mean much to Xi, as he gathers his military forces and pushes back on the Philippines (for the moment). However, Xi's ultimate fall-back position is to invade Taiwan.
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