Comments by "May L" (@MeiinUK) on "Chinese Elderly Can’t Bear It Anymore: Starting to Rebel, 80 Million Stop Paying Pension" video.

China has a retiring age of around 50 years old. I think this is definitely for SOEs.. am not sure if this is for private sector. I don't think this applies to the private sector. But definitely for SOEs. This is why, some people then try to open their own private little business to run from their 50-70 or whatever... No wonder so many people leaves China to continue to work abroad as well. Which earns them even more ! lol..... This is so weird. But then again.. we are talking about relativeness as well. Cos we may pay 1000 pound for an apple, but they only pay 1 yuan for an apple etc. In fact, some of the rural citizens actually can grow their own food, is my understanding. But somehow, the recent lockdown situation saw some rural residences had their own secret stash kind of trashed. Cos they must not be spending their own money. So this is like a chicken and egg scenario... Which is absolutely crazy.... No wonder they rely on tourisms etc. So that... those incomes to that region can boost that region's GDP and therefore their budgets etc. (This has been what HK citizens used to do... and indirectly raised their own GDPs.. until it can't... or the system kind of collapsed. This is why then the whole entire system fell apart, cos some of the mayors/ccp whatever..must have been holding onto those money, and thus causing bank runs. lol.... Now I get what has been happening. Cos then it must have kept running. lol.... And then they joined WTO etc... And bring in external influences which then checks their balances, which doesn't work out. I bet. ) Cos now, if china goes down, the entire world goes down.... OMG.
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They probably have dementia and is already ill themselves to protests... that is why....
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@dongshengdi773 : But the Europe's system and the American system is also now "without state benefits"... Even though in the media, it says that it is "free healthcare" it isn't any more? It comes out of our taxes. Which in effect, it is the same style and way as the video described. It is just that, cos we're a smaller country, we had been saving a higher percentage for a long while. i.e. We pay around 3 to 4 different taxes. Whereas in this video, the individual only pay one type of tax. So everything comes from that single tax. Whereas.. cos we pay around 3 to 4 types. There is room to reshuffle... to split some taxes into another budget etc. And reshuffle again etc. On a needs be basis. Even NHS now recently has increased our prices of medicines as well. They use it as an average. Which some people find it unfair as well. So now... a separate government dept is investigating where it has gone wrong. i.e. WHERE is has been misused. A lot of fraud cases are now occurring and being highlighted etc. So....
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In China, they call it "to buy a pension". In the UK, it is already deducted automatically. But for them, it is administrated like a health insurance. As in, you deal with it with the bank or other. I dunno.. It's very strange... They didn't used to have this, I don't think. Well.. where HK was concerned, it used to be the state's. And then they got robbed. So then their money basically was taken away from them. Stolen basically.... cos the idea of state went. Probably went to the banks. With no ownership or whatever. That is when they spent it on public housing etc. And tried to merge their system into the next door's poorer province.... This is also why people rioted. Cos the rightful owners of their contribution was never acknowledged. So... what this video shows me, I am NOT surprised at all ???? Cos what they then tried to do is to expand these banks across the entire country. Some banks did run and some didn't. And then they tried to rob each other via policies.... Basically. SOME people know that they are being robbed, others assume that it is a governmental thing and will comply. Who would argue either way ??!!!
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I don't understand... So the elderlies need to do more light tasks. Which is fine. But then... why doesn't the youngsters be the managers then ? Or be the pension accountants and do those analysis ? So if there is a company, and then the elderlies are also "checked" daily for their health as part and provision before working, then this kind of structure does not mean or imply that the individual need to tap into their own pension's resources etc. Daily blood pressure checks etc. And also, what about the NGOs acting as a back up plan etc? How come the entire budget for these so called lock down went to providing the lockdown's care ??? If these elderlies actually rely a lot on healthy food and veggies. Which is their saving grace. Then to have things like.... medicines, and if they fall back on some of the basics, like the TCM herbs etc. Then this is a lot better, since they could grow some of those herbs on their own lands or whatever. Or have a communal system in those rural places as a back up plan as well ??? And it is so hard to see that one legged man doing that duty !!! I am shocked ! No wonder China doesn't past the human right's act !!! What the heck has been happening then... I don't get it. All of these work. And so many ghost cities. It's been a mis-management of money isn't it ??? This is so crazy...
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