Comments by "Elizabeth Loveland" (@Shineon83) on "China Update"
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@mattgairns7565 (I can’t speak for “people like” the previous responders, only for myself, but yes, I DO hope that China’s economy becomes much, MUCH worse)….
Today’s Chinese have demonstrated an extraordinary capacity for suffering at the hands of their Government—and, as having their family members starved to death, their reproduction limited, basic freedoms, rights, and even thoughts suppressed, all haven’t caused them to overthrow their overlords — perhaps enough pain in their pockets will….
Unfortunate, but it will likely take far more extreme events before there is change—for the NEXT generation’s sake
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….Millions of young, predominately male, university grads….Each one, the product of parents (and often grandparents) who scrimped, saved & worked ungodly hours, in order to provide “their” student with the opportunity to attend the best university — and, in turn, be guaranteed a steady, well-remunerated job…..(At least, that WAS the unwritten “guarantee” the Chinese had with The System : “The entire family sacrifices for eventual reward”) ”….
….But now, after fulfilling “their end” of a long bargain, the Chinese are increasingly seeing (in so many areas) The “State” not upholding their own end….Whether it’s reducing the promised pensions of seniors ; handing out increasing numbers of arbitrary “fines” to citizens, in order to pad empty coffers ; real estate co.s that do not complete the construction of homes that owners already have mortgages on ; or banks (many, government-owned) that are freezing depositors’ assets—or putting low “withdrawal limits” in place ….the Chinese feel that the “Contract” they once had, has broken down….
….The Million Dollar Question now is : Will 75 years of CCP indoctrination, or the constant blaming of “world events” to explain China’s economic predicament (along with a Confucius culture, that teaches one to “accept one’s place” & to “honour one’s leaders”) be “enough” to override the very natural indignation & fury that Chinese feel? …..Fasten your seatbelts…
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