Comments by "Kenz300 x" (@KJSvitko) on "How Extensive is the Corruption in the Chinese Military? || Peter Zeihan" video.

Lie, cheat and steal are all too common today. 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. Disinformation is a common tool to divide people and rally supporters. You can not trust any numbers produced by companies or the government from China. China's economy is in slow decline. The virus lock downs sped 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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@ZakiHaider-y9o 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.
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