Comments by "Kenz300 x" (@KJSvitko) on "China’s No.1 Real Estate Company in Crisis, 900K Units Left to Rot u0026 Trillions in Debt" video.

  1. China's GDP is an illusion. It is a PONZI scheme built on increasing debt. An economy that was closed and on lock down could not possibly have 3 % growth. You can not believe any numbers coming from the government or businesses in China.
    2
  2. Xi has killed the "Golden Goose" He has moved the country away from a market economy and back to a planned economy with government owned businesses. Unemployment is rising. Property developers are bankrupt. Banks are running out of money. Local governments are broke. The lockdowns caused many small and medium businesses to go bankrupt. Empty shipping containers are pilling up at the ports. Foreign companies and foreign investors have left for friendlier countries. The risks in China are too high.
    1