Comments by "Kenz300 x" (@KJSvitko) on "China urges banks to extend loans to real estate companies after homeowners halt payments" video.

  1. 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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  2. There is no economic activity when the city is locked down. Many small and medium businesses will go broke and employees will have no income. Freedom of movement and freedom of speech are under appreciated until they are taken away.
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  3. Lie, cheat and steal is all too common today. Greed and selfishness is every where. You can not trust people, businesses, or government to be honest and truthful. Parents and teachers stopped teaching children the "golden rule" 40 years ago and now honesty and caring for others keeps declining. Society and business can not function if no one can be trusted to tell the truth.
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