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guydreamr
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Comments by "guydreamr" (@guydreamr) on "How China Plans to Avoid Economic Collapse @visualeconomiken" video.
China is unlikely to collapse, but a Japan-style stagnation is definitely within the realm of possibilities. You are correct about the relative export dependencies of China and Germany. However, as the video also stated, China was and is highly reliant on the property sector much more than Germany ever was, and that market is now rapidly deflating. In fact, deflation overall has been a problem in China for about a year now. Total public and private debt in China are also at extremely high levels. China is also facing demographic headwinds. All these factors were present in Japan as well starting in 1990, and we know how that movie turned out.
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But unlike the other times China is now facing a severe downturn on multiple fronts.
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So of course China's property and stock markets are still going up right? 🤣🤣
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Exactly, well stated.
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