Comments by "Power Shift" (@powershift2024) on "" video.

  1. Chinese real estate is a $66 trillion dollar bubble, the largest in human history. With the collapse in real estate prices (plus the 70% of Chinese household savings and wealth held in real estate) and home sales plummeting, so goes the economy. Plus the lowest RMB evaluation in 30 years puts extreme pressure on china's bond market (that's their enormous debt) making the debt much harder to pay off, and officially reported youth unemployment is 22% (actually closer to 46%). All of those coupled with capital flight leaving China, businesses leaving China, a 70% fall in birth rates in less than 6 years and one of the fastest aging populations in human history and you begin to see the financial cliff the CCP is going over. Some phones, cars and a few planes will not fix even one of those single problems. Cheers!
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  2. When multi-national companies are now offering bit coin ETFs, expect them to come for complete control and monitoring of it too. They'll turn off your $ with a flick of the switch. đŸ˜®
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  3. ​ @lettucesalad3560 China no homelessness, no poverty and GDP just grew by 5,000,000% this year alone!!!
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  4. ​ @royalbalasuela819 Chinese household debt is over the economic red line of 70%, they don't have $ to spend anymore.
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  5. Communism has never worked and it's been tried again and again for the past 125 years in over 45 different countries. Only when China loosened its grip on businesses to a more capitalist market in the 1980s and 1990s did it grow much faster. Those times are long gone now and Xi is returning the country back to Maoist policies to retain his power. The Chinese Dream is back to a nightmare once again.
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