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Kenz300 x
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Comments by "Kenz300 x" (@KJSvitko) on "China's Mortgage Crisis, Banks are Failing, Protests Everywhere. China's financial crisis is Here..." video.
China is too aggressive with its people, its neighbors and the world. This is bad for China and the world. It is much better to get along with others and solve differences by trying to develop a win - win solution. Win - lose solutions are bad for people and the planet. We all need to get along and quit trying to lie, cheat or steal to get ahead in life. China has poisoned its air, land and water resources abusing its people, nature and the environment.
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China allows too much corruption. Theft of intellectual property is common. They try to dominate the market and put other local companies out of business. Spammers, scammers and phishing accounts are common and not prosecuted. You can not trust any numbers produced by companies from China. China's economy is in slow decline. The virus lock downs will speed it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.
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Foreign investors and foreign bond holders will get burned. Investors, bond holders, companies and individuals are exiting China. Companies from Japan , South Korea, Europe and the US are packing up and moving the supply chain closer to home. China is no longer the manufacturer to the world. The supply chain is broken.
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