Comments by "Winston Smith" (@kryts27) on "Middle Class Is Done! Over 26 Million Chinese Listed as Untrustworthy Debtors!" video.

  1. The previous middle class in China (soon there will be less numbers of middle class in China than in Australia which has a total population of 26 million), were previously considerable consumers, supporting the domestic economy of China. Soon, they will essentially not be there (the people will be but they join the huge ranks of the impoverished). The talk of a "domestic support cycle" of Xi Jinping is becoming hollow. Much like the economic policies of the CCP overall. Worse for the the CCP (but better for everyone else), the central government loses taxation revenue (much comes from the middle classes), so it can't run a war against Taiwan.
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