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Matthew Loutner
Decoding China
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Comments by "Matthew Loutner" (@Matthew_Loutner) on "" video.
800 million is over half of the population. 420 million is a third. China has 400 million who are rural and not in the economy at all. They have to be subtracted out.
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And set aside 6 months income for unexpected emergencies.
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@markusgorelli5278 They also do not know world history. If you ask them what happened in 1929 or 1939, they have no idea. Many of them are intoxicated with the idea that it is the Chinese destiny to be the world's dominating power and world leader. They wear t-shirts saying, "The Future is Asian." Their government tells them that it is behind China's rise, but fails to mention that a third of their food is coming from the United States and a third comes from Brazil and a third from Europe. Their government also tells them that China bailed the United States out of the 2008 crash.
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