Comments by "Kenz300 x" (@KJSvitko) on "China’s Economy Near Bankruptcy, Xi Jinping Calls Emergency Meeting, Times Are Really Tough" video.

  1. 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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  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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