Comments by "David Himmelsbach" (@davidhimmelsbach557) on "China’s Economy Collapses: Jobless in Big Cities, Worse in Small Towns, No Escape for Youth" video.

  1. Nor should we believe you. Red China is in a US dollar crisis... for the West has, collectively, stopped giving Xi a free ride. Xi is tricking too many Red Chinese industries into making financially ruinous decisions -- but for the Party, yes.
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  2. What ? They've been sucking cash all this time. High Speed Rail has been the money pit of all time.
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  3.  @pliashmuldba  Norway has its staggering wealth fund -- and low, low, low expenditures on national defense -- Thank you NATO. Denmark has THE central position in Europe. So, it is able to leverage its low, low, low expenditures on national defense. It's not for nothing that Maersk is such a Big Player in oceanic commerce.
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  4. Xi is pissing away Red China's wealth on his military and police state. THIS is why everyone else is unable to make a go of things. IF the massive expenditures Xi had made on his navy, air force, space projects had been spent on his counties the above story would not be true. Xi had the conceit that Red China was going to be able to go toe-to-toe with the Ultra Power -- the USA -- by cheating his way to the top. This kind of logic had served him, personally, so far... but no further. The1st World was never going to hand over the keys to its kingdom... EVER.
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