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Comments by "" (@thomasherrin6798) on "Chinese Economy \u0026 Healthcare System Face Deep Crisis This Winter | China 2023 Outlook" video.
......a measure of a good state is how it looks after its vulnerable (Or some such phrase). Initially COVID Lockdowns were rolled out to prevent high death rates (Or to stop Health Care Centres being overrun!), at the cost of the economy, but in the end the economy won, and the vulnerable will be sacrificed, and unlike the West who had to develop a vaccine while the pandemic was rampant, China could have mitigated the likely impact by introducing a viable vaccines programme which they could have implemented during the lockdown periods, it is another poor decision (Along with reversing most of the three red lines relating to property) the market led by the C.C.P. is driving China to the poor house with debt!?!
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The C.C.P. has prioritised the economy above all else, debt is most probably going to grow to 310% of GDP in 2023 to achieve a manufactured 5% GDP as the true state of the economy would be a 3 to 5% reduction, it's just compounding problems instead of tackling problems for which they seem to have no answer, except to increase GDP by debt in a (Potentially permanently) reducing market!?!
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Yarp!?!
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Hopefully the C.C.P. will get their act together for a resurgence next Winter, it doesn't go away!?!
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Yarp!?!
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