Comments by "Winston Smith" (@kryts27) on "Chinese Stock Market Plummet: Investors Flock to US Embassy for Help - Down with the CCP!" video.

  1. I couldn't have phased that better myself.
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  2. The China economy is in a strong and ongong deflationary environment. You get a feeling that some of this is orchestrated by the CCP. This is the upcoming common prosperity (poverty). A Maoist era of extreme austerity, initiated by the shedding of wealth such as the collapsing value of real estate. Once the middle class is poor, then the CCP leadership can shut off China from the world (it's partly there, thanks to the great firewall) then the CCP can offer up ideologically manipulated extremist programs using scapegoats to divert the fury of the people. But, we can't repeat history exactly the same way. In the time of Mao, the people almost blindly followed the utterances of Mao like an article of faith, but the enthusiam is no longer there and the corruption is repellant. The people of China, overall, are better educated than in the time of Mao Zedong, and have less appetite for extremist mass movements like the Red Guards. Xi Jinping is an ideologue on an ebbing tide. He looks backwards and seems foolish and out of touch.
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