Comments by "" (@thomasherrin6798) on "Chinese Experts Warn of Financial Contagion | Anti-Spy ‘Witch Hunt’ | China’s Economy: Stock Market" video.

  1. It's like the property market and local government debt is swept under the carpet and although the carpet is nearly touching the ceiling, it's not viewed as a problem, because it's hidden, and they are doing us a favour by accepting their exports!?!
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  2. They are presently at 14 Trillion USD GDP from 19 Trillion USD GDP (According to some Western analysts like EE, at the best top end guess, bottom is 11 Trillion USD GDP), with a property adjustment it will be 11 Trillion USD GDP (Bottom 8 Trillion USD GDP), a financial crisis due to local government debt would alter China's position in the GDP rankings to an unknown amount, possibly to third or fourth - This is my best guess, which is most probably more accurate than China's reported figures!?!
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  3. ​ @tonysu8860  On that basis India's would be far bigger than China's if population was a big driver, and the US would be far lower, it all depends on how productive the economy is and how much it costs to run that economy, big populations mean big food and energy bills and little population's need a lot less to run, developed economies normally have a wide range of revenue streams China's is exclusively Export and Property driven and both are in decline, property by a great deal one would imagine when reality steps in!?!
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  4. Sounds like you are advocating for power to be taken from the CCP, that's a no-no!?!
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  5. It's difficult to have sympathy for China's debt woes as they are self inflicted, and their actions are bellicose to practically all their trade partners!?!
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  6. They don't "deserve better" as a majority support the CCP "fervently", they deserve what they get!?!
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