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Comments by "" (@thomasherrin6798) on "US Ban Hits Chinese Chip Makers | Chinese Economy | Guangzhou" video.
After Germany's trade delegation appeasement to China it appears to "doppelzüngig"!?!
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Xi thinks China can do it all on its own, the people he picked think so too (Well they don't think, they just say yes Xi) - Only the West is telling him No!?!
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Yarp!
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US is not going to agree a renewed trade deal with chips as China will just ride roughshod over it to suit its own ends as it has done in the past, so Singapore is flogging a dead horse to hope for them to become "networking associates", especially with Xi's nationalistic comments, which has been critical about the US in particular, that boat has sailed, and a few more might leave port in the near future!?!
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State - More debt for Chinese citizens!?!
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There are insufficient complaints/ actions from Chinese citizens so sullen faces will be the norm, nothing will change to uplift the Chinese citizens in the foreseeable future, the C.C.P. are estatic!?!
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The problem is to protect the elderly with an effective vaccine system, (People over 50 and all vulnerable people ) so that when they get the virus it does not require hospitalisation (Nasal medication may not be so useful if the patient's immune system is weakened etc.). This is what has happened in the West, I have had 6 jabs since they were initially rolled out, most older people have had 4 or 5, this has reduced the COVID symptoms to that of the flu virus, people unfortunately are still taken by it, but to an acceptable level that lockdown restrictions are not required!?!
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They do not have an effective vaccine for the elderly so when they contract COVID they will overwhelm the health care system!?!
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No it's not, Russia is failing due to it carrying out a costly war it cannot win as it does not have the resources, this is having "mild" recessionary implications for the West following the COVID pandemic. China has big systemic problems which will cause it to do a slow steady decline to its "new normal", one that it can afford without non productive debt!?!
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No country is too big to fail, it might take a little while, but if its debts exceed its GDP to a great extent then fail it will. China GDP/ Debt Ratio is officially 64 Odd %, but economists add the off books debt bombs and calculate it at 275 Odd % and rising, it has already passed Japan's World record and is creating its own infamous niche point!?!
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No - It doesn't have the required vaccines to stop the old folks from flooding the health system when they are infected with COVID!?!
1