Comments by "Kenz300 x" (@KJSvitko) on "China’s Detroit? 4 Million Flee This City, Housing Prices Halved With No Buyers" video.

  1. And yet property developers are still building NEW properties adding to the over supply. This is crazy.
    4
  2. Xi has been in power for more than 10 years. His policies have caused the decline in the economy. His next 5 years will finish the job of destroying the economy. He is truly a dictator thrusting his people into poverty. He has made enemies of his own people, his neighboring countries and the world. China will continue its decline as long as he is in power. His ambitions and world views are hostile to others.
    1
  3. China's economy will further decline in 2024. 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.
    1