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Bob
Wendover Productions
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Comments by "Bob" (@bobs_toys) on "Why China's Economy is Finally Slowing Down" video.
You don't need to tell us it's fine. You need to tell the at least two thirds of Chinese who should have become parents but decided not to.
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Those people did. After their govt stopped putting all its effort into keeping them poor.
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The two thirds to three quarters of people who would have been expected to become parents last year, but have chosen not to show that agree with western media.
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They can make decisions that go against whoever you like. As long as it's not the party. The decision to ensure there was no peaceful means of changing the govt was definitely an example of this.
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100 years? These were 70 year leases. That started being given almost seventy years ago.
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@Elias_Krauscher anything from being extended without or with minimal cost to being put up for auction to the highest bidder or simply given to someone who's friends with the right person. We're getting very close, and I'm sure that the owners of these properties (as well as any banks) would love to know. But no idea.
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@jacksmith-mu3ee oh you're from Florida now? How your place of origin moves around. First it was Arkansas, then it was new Jersey. All while speaking English as a second language. You really need to write down your life story. So you don't forget who you are.
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The problem was letting it go on this long. After economists were warning it was going to end badly well over a decade ago.
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Can you be specific?
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@gabeishere4990 then you should have no problems being specific. Edit: if it's wrong, or unreasonable, obviously. If it's fair and correct, then yes, you'll have lots of problems being specific.
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@gabeishere4990 you're still not showing signs of reading more than the title. Which says slowing. Not collapsing.
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@gabeishere4990 when did you show you knew more about what was going on in the video than you'd have learned from (mis)reading the title? It's a pretty simple question. One that you should have understood, considering you said "I actually didn't watch the video"
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You misspelt irrelevant.
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I'd ask if you can give details. But we both know you can't.
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Assume this is true. How long do you think it'll remain true with the crashing birthrates and sky rocketing retirement age rates? Last year, the working age population declined by 10m and the retirement age population increased by 16m. And the coming years are going to get so much worse. This is in a country with a higher diabetes rate than the US, BTW.
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So this is the same as potentially (there's been nothing to contradict this so far. The clock's ticking) full market rates for something you've already paid full market rates for?
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And they weren't lifted out. Deng's reforms were basically summed up as getting the party to not screw things up as much as they were.
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This is something that's happening at the moment. Wishes aren't needed.
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@Dandivine629 four words. Three mistakes. You're not in a position to ever say anything negative about someone's intelligence.
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800m no longer kept in poverty by CCP's former policies is also the accurate way of putting it.
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In what way isn't it hitting now?
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And what will people say in ten years? Or twenty?
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I'll put it another way. In 2030 or 2040, people won't be saying "at least we're not in the 2010's anymore" Or even the 2000's.
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@jacksmith-mu3ee yes. An "American" who's claimed to be from both Arkansas and new Jersey who speaks English as a second language. Edit:and Florida now!
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Is it wrong?
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@circassian_149 can you give details on where and how it's wrong? It should be easy.
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@circassian_149 nope. I guess not. Gee. What a surprise.
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@jacksmith-mu3ee I'd ask for details of where and how, but you're a bigger waste of time than most Alabama new Jerseyians with bad second language English.
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@simplelogic9090 wumao aren't paid for their intelligence, accuracy, ability to convince people, ability to make the CCP's supporters look to be in any way decent human beings or ability to come across as being remotely honest. They're paid to make noise. As someone who programs using large language models like chatgpt, it's easy to see just how replaceable people like him are. And at least the LLM can make CCP supporter personas actually appear to be from the country they say they're from, or make a coherent argument. It can appear to be something other than a drooling moron with no employment prospects or even a slight chance at a dignified old age (thanks to the people they're mindlessly shilling for)
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They also changed the definition of "lifting out" If someone stops being poor because I stopped going out of my way to keep them poor, I didn't lift them out of poverty. I just stopped keeping them in it.
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@AA-le2zv there's the hope of a massive return. A hope that grows dimmer every day
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The 2008 milk powder scandal showed this to be a lie. It was covered up because it made the country look bad. Infants being poisoned was covered up to save face. That's the real PRC. Yours is a fantasy.
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2008, baby formula. Spiked with melamine to cover up that it had been diluted. Covered up to save face. It took new Zealand raising the alarm to actually expose it. Baby. Formula. That's how tight the people are in the PRC.
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@jacksmith-mu3ee you want proof that the 2008 baby formula scandal happened and that it took new Zealand to raise the alarm?
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@jacksmith-mu3ee so assume it wasn't a cover up. Assume that the Olympics being on at the same time as it should have broken out was a coincidence. What's your excuse for new Zealand knowing about Chinese milk formula being poisoned before the Chinese govt did?
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@zacksmith5644 that's not an answer.
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@yopyop3241 and it's not even unusual.
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And the CCP learned zero lessons from 2008. Not a single one.
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Last year, the working age population dropped by 10.75 million while the retirement age population increased by 16.93 million. And in the future, that type of change will be remembered as the good times.
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If you look at the CCP's shills rambling on about America, you can see there's no hope. So all that remains is distracting people while they hang on to power. It's like the birthrates. You don't need a dozen people with doctorates in demography to know that if there was a solution that was worth the short term cost, it would have been implemented years ago. Fire is hot. Water is wet. People studying these their whole lives can add detail, but the fundamental summaries remain the same.
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Japan should feel lucky that they didn't go through anything on the magnitude of what's coming.
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@jacksmith-mu3ee that's nice. Wets it meant to contradict?
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How many Chinas, though? At the moment, there's two independent countries called China. And no one living today has seen a United China (using the CCP's definition) definition)
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@darthvadeth6290 the CCP keeps adding new facets to the story of just how they've screwed up.
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Depends on which part of the economy. Construction? What else would a collapse look like to you?
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@randomthing9712 different countries do have different standards. For most of the western world, becoming like most of the PRC would be an epic collapse. But the question was about the construction industry. If what's happening now isn't a collapse, what is?
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@randomthing9712 collapse means 'suddenly fall down or give way.'
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@randomthing9712 so in your view, as long as there's a building of some description being built somewhere, it's not a collapse, because the industry still exists. Is that about right?
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@jacksmith-mu3ee not that you'll ever get the money together to visit.
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@jacksmith-mu3ee it may as well not exist, my dear second language English speaker from both Arkansas and new Jersey.
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@randomthing9712 no idea. Probably something that triggered some algorithm.
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@randomthing9712 it's deeply annoying. I'm in the habit of copying what I write to the clipboard before posting.
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This post is a wonderful example of projection.
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The one child policy is a prime example of that. They were getting into a crisis fifteen years ago. Now they're in the middle of a full blown crisis with no end in sight.
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Check your demographic pyramid and you'll see what's coming. The last decade was the best decade the PRC will have.
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@doktorhabilitowanystanczyk I'm sure you are. Because Chinese posters pretending to be from other countries isn't a thing that happens. Anyway: 1. Poland's largest age group is in its late 40's. The PRC's is starting to hit 60. 2. Poland has a 50 percent higher gdp per capita. 3. Poland can attract immigrants to offset the shortfall. The PRC can't.
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@doktorhabilitowanystanczyk sorry. Typo. Late 30's. Not late 40's. The PRC wasn't a typo though. Although there is another bubble that's going to hit retirement age a little before the polish one does.
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@doktorhabilitowanystanczyk Mogłeś użyć tej odpowiedzi, aby pokazać, że mówisz poważnie, pokazując, gdzie się myliłem. Twoja nieistotna odpowiedź była twoim wyborem.
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@Corredor1230 except that it needed to be done 10 to 15 years ago. Instead, the CCP spent that time getting its shills to say that there was no problem, and everything was just western propaganda. Just like they did with the one child policy.
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Demographics are a slow, unstoppable train wreck. And unlike the literal ones a while back, this isn't a train wreck that can be buried.
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Considering the ongoing stimulus, low gdp per capita and how much this has slowed down over the last decade, that's a really bad number. This was a race to get rich before you got old. You've lost the race. Your retirement will be spent dealing with the consequences of that loss.
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5.2 percent. This was after years of lock downs were removed. And that was official numbers. You're lying if you claim you know the reality.
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@circassian_149 I know that the official data, which is going to be the absolute best case scenario, is lower than the OP.
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There's three possible pillars of retirement in a country without a pension worth mentioning. 1. Stocks. You've accepted in this post that it's not an option. 2. Real estate. That's going down. 3. Children. Those are disappearing.
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How do you think it's going to go with crashing birthrates and the first of two huge bubbles of workers starting to hit retirement age?
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That was its own separate thing. Basically that was land that was legally the PRC's right in the middle of British Hong Kong. So the British couldn't legally enforce law there. The CCP wouldn't give permission to do anything about it. So it became a lawless area.
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They did that, too. The first leases expire in a few years. Anyone who says he knows what happens next is lying.
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@waynegore5291 you're right. If stupidity read curable, "what about the US?" would have died out as a response long ago. Whatever's happening in the US doesn't begin to affect the facts.
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If you'd actually watched the video, you'd have seen that it was about recent events. But future ones.
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@jacksmith-mu3ee I remember you deciding that macro trends was a better source than the Chinese national bureau of statistics.
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Because the more people believe things are just fine, the more damage the PRC does on the way down.
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@jacksmith-mu3ee of what, exactly?
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The official numbers are a useful baseline for knowing the best case scenario. Whatever is announced, you can trust that the reality is worse
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At least you're honest enough to add the last bit.
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And the selective abortion that led to that continues to this day. 111.1:100 according to the peoples daily
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@_Wai_Wai_ it was needed over a decade ago. And the reason it got this bad was because people were convinced the govt wouldn't let what's happening right now happen. This was the same mentality that led to the stock market issues in 2015.
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Real estate collapsing. Stocks collapsing. Birthrates collapsing. Everything's fine!
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@lsvaralokasf8249 I've been being told that the birthrate problem (for example) has been easy to solve for five years. And yet.... Here we are. Getting worse every year. It's not as if there's plenty of time. It takes roughly twenty years for a newborn to become useful.
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