Comments by "Power Shift" (@powershift2024) on "China’s Junk Aircraft Carrier Fears to Sail? A Big Joke Due to Copycat Failure" video.
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@youarebeingtrolled6954 Source - Straight from the CCP's top economist: "In 2020, 600 million Chinese — 40% of the population, were living in abject poverty on less than $141 USD/month and the mainland economy had stopped actual growth around the year 2013." - Li Keqiang. I wonder what happened to him? With the massive downturn in youth unemployment (the CCP stopped reporting this 2 months ago after it crossed 46%), manufacturing exodus, local and provincial debt insolvency, real estate insolvency, the rapid decline in currency evaluation, etc, etc, etc, those numbers will become much, much worse. This is not 'Japanification' or 'stagflation' of the mainland economy but 'Zimbabwification' of the mainland economy, meaning eventual dissolution of the current nation-state. Xi is too weak a leader to have powerful CCP educated economists expose his lies, so Li Keqiang had to go. That is a terrified, angry little dictator whose days are extremely numbered. Their 'military' is make believe. Sorry kid. Have a nice day.
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@johnwayne8475 I actually got it straight from the CCP. "In 2020, 600 million Chinese — 40% of the population, were living in abject poverty on less than $141 USD/month and the mainland economy had stopped actual growth in the year 2013." - Li Keqiang. I wonder what happened to him? With the recent massive downturn in youth unemployment, manufacturing exodus, local and provincial debt insolvency, the rapid decline in currency evaluation, etc, etc, etc, those numbers will become much, much worse. This is not 'Japanification' of the mainland economy but 'Zimbabwification' of the mainland economy. Xi is too weak a leader to have powerful CCP educated economists expose his lies, so Li had to go. That is a terrified, angry little dictator whose days are extremely numbered. Have a nice day. 👀👀
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@johnteets2921 you must be a high ranking CCP economist to have so much economic insight. Now I'll directly quote you straight from the CCP's top economist of the past 20 years: "In 2020, 600 million Chinese — 40% of the population, were living in abject poverty on less than $141 USD/month and the mainland economy had stopped actual growth around the year 2013." - Li Keqiang. I wonder what happened to him? With the massive downturn in youth unemployment (the CCP stopped reporting this 2 months ago after it crossed 46%), manufacturing exodus, local and provincial debt insolvency, real estate insolvency, the rapid decline in currency evaluation, etc, etc, etc, those numbers will become much, much worse. This is not 'Japanification' or 'stagflation' of the mainland economy but 'Zimbabwification' of the mainland economy, meaning eventual dissolution of the current nation-state. Xi is too weak a leader to have powerful CCP educated economists expose his lies, so Li Keqiang had to go. That is a terrified, angry little dictator whose days are extremely numbered. Have a nice day champ.
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@Shineon83 1000%. Financial literacy seems to be lost on some people. Let's say you're a 21yr old kid with a not so great job, you can still put $100/month (that's less than an internet bill) into your 401K every month. A 401K averages 7% interest a year, compounded annually. As you grow older and get paid more, you never add more than your original $100/month though. By the time you are 65yrs old, your $54,000 invested has turned into $407,008. And you receive your social security on top of that. And that's a very, very conservative investing approach, plus almost every company will match your 401K contribution up to 3% per year minimum, so a little planning goes a long, long way. Unless you have some massive, debilitating disease, this is easily achievable for almost everyone, they just don't want to be bothered with a little forethought, it needs to be GIVEN to them.
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