Comments by "Kenz300 x" (@KJSvitko) on "China’s Stock Market Surged Then Crashed in One Day! Everyone All-In, Left With Only Wails" video.

  1. There is no 5% GDP growth. The GDP is 0% China is in a recession. Property developers are bankrupt. Retail shops are closed and bankrupt. Foreign manufacturers have laid off employees and are closing factories. Banks are cutting staff and salaries. Local governments are cutting salaries of employees. Xi has made enemies of his own people, his neighbors and the rest of the world.
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  2. 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. The government manipulates all business and government statistics. State owned corporations are puppets of the government and its policies. Companies and the stock markets are not free and fair. Manipulation and misinformation are everywhere. There is no 5% growth this past year. That is a made up number. The is no growth. 0% The economy is contracting. China's media is all state propaganda and can not be believed or trusted to tell the truth. Businesses need to diversify their supply chains and reduce dependence on China.
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  3. Fools rush in while the smart money pulls their money out Lie, cheat and steal are all too common today. China allows too much corruption. Theft of intellectual property is common. Spammers, scammers and phishing accounts are common and not prosecuted. Disinformation is a common tool to divide people and rally supporters. You can not trust any numbers produced by companies or the government from China. Society can not function if no one can be trusted to tell the truth.
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