Comments by "红火树 RedFireTree" (@firetree2007) on "China's economic reality hits screens in 'Upstream' | World Business Watch" video.
-
1
-
India job situation is much worse than China, Harvard Business Review reported "Less than half of the 950 million working-age population is actually employed""Bleak as this statistic is, the reality is worse. According to the Periodic Labor Force Survey, some half of all those workers are self-employed, a category that includes “unpaid helpers in family enterprises,”___Harvard Business review, by Bhaskar Chakravorti July 19, 2024,
no jobs means no income, no income, no spending, no spending no consumption, India economy heavily depends on internal consumption, since always negative in exporting, no consumption no economy growth, the result is this years India growth rate will drop from 8.3% to 7.0%, and this trends will continue in the future years.
1