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Kenz300 x
China Observer
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Comments by "Kenz300 x" (@KJSvitko) on "China’s Economy Is So Bad, Millions Head Back Early to Cities for Work, but Get Stuck on Highways" video.
China's economy will further decline. There will be stock loses. Bond loses, more property developer bankruptcies, more retail store closings, more bank bankruptcies, more local governments going broke and more unemployment. China has not hit the bottom yet. More pain to come. Only a huge national government bailout can slow the decline and the damage. The PONZI scheme has been exposed. Endless debt is NOT ENDLESS. The GDP is 0% or negative. China is in a recession.
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Climate Change is making weather events more extreme. This will impact the worlds food supply. Floods, droughts, fires, excessive heat, snow storms and low water levels in reservoirs and in ground water storage are becoming more common. We must stop adding more fossil fuels to the climate fire. Stop building and financing more coal fossil fuels power plants. Time to go all in on wind and solar energy, battery storage and electric vehicles. Fossil fuels are a bad investment for people and the planet. The cost of dealing with the impact of climate change will be greater than the cost of reducing the impact.
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