Comments by "Kenz300 x" (@KJSvitko) on "VisualEconomik EN" channel.

  1. Population needs to be in balance with jobs, resources, nature and the environment. Having a bigger population in any country than the country can support makes no sense. Access to food, water, shelter, energy and jobs should guide population levels. The worlds population is still expected to add another billion people to feed, clothe and produce pollution. Humans are crowding out all other species of plants and animals. Education and birth control are key to reducing poverty and hunger. Having a child that you can not provide for yourself is cruel and irresponsible. We need solutions not just sympathy. Endless population growth is not sustainable on a finite planet. Every country needs to "TRY" to be more self sufficient. When there are not enough resources to sustain a population something has to give. Countries need to focus on quality of life for their citizens and not just quantity of life for cheap labor. Why import fossil fuels when wind and solar energy can be produced locally and solar energy can power electric vehicles. We need solutions not just sympathy.
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  2. China's economy is much worse than people are reporting. Unemployment is rising. 16 -24 year old unemployment is over 30% Unemployed people are not huge consumers. They do not buy homes. They do not get married or have children. Individuals, foreign corporations and investors are fleeing cities and the country. Numbers reported by the government can not be trusted. Steel production collapse is a good example of the huge decline in the economy. The property developers collapse is starting to ripple thru all its suppliers. Steel is the most visible. More to come. The house of cards built on debt is not sustainable. The Ponzi scheme has been exposed. China's real estate industry is bankrupt. This will impact the rest of the economy and then the rest of the world. There is no 5% GDP. It is a made up number. GDP is 0%. China will export deflation to the rest of the world in 2024.
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  3. We must stop adding more fossil fuels to the Climate Fire. Floods, droughts, fires, extreme temperatures are all becoming more common. Time to go all in on wind and solar energy and all electric vehicles. How extreme does the weather have to get before people wake up and stop burning fossil fuels. Stop building coal power plants. Stop burning coal or natural gas for electricity. Wind and solar energy are the future. Politicians and corporations need to do more.
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  4. China is uninvestable. There is no rule of law. There is no freedom of speech. There is no freedom of movement. Internet activity is monitored. Cameras monitor public spaces. No privacy. Numbers produced by companies or the government can not be trusted. New laws put everyone at risk for arrest for spying.
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  5. Climate Change will impact everyone. It is making weather events more extreme. Individuals, politicians and businesses need to dump fossil fuels and install solar energy. We are destroying the very air, land and water resources we all need to survive. We must take better care of the natural environment. All government buildings must install solar panels. All businesses must install solar panels. Coal power plants need to shut down and be replaced with solar energy.
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  6. China is just now figuring out what a PONZI scheme is. NEW buyers paying off old projects. Pre Sold selling is a scam. People are locked in and forced to pay a mortgage on an unbuilt property that may never be built. The whole property development industry is a scam with shoddy construction and unfinished properties. Buyers are left with no way to get their money back or a finished property. What a scam. The government does not care about the average working people that got scammed and does nothing to make them whole. The government is protecting developers and banks but not the people.
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  7. China's economy is much worse than people are reporting. Unemployment is rising. 16 -24 year old unemployment is over 30% Unemployed people are not huge consumers. They do not buy homes. They do not get married or have children. Individuals, foreign corporations and investors are fleeing cities and the country. Numbers reported by the government can not be trusted. Steel production collapse is a good example of the huge decline in the economy. The property developers collapse is starting to ripple thru all its suppliers. Steel is the most visible. More to come. The house of cards built on debt is not sustainable. The Ponzi scheme has been exposed. China's real estate industry is bankrupt. This will impact the rest of the economy and then the rest of the world.
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