Comments by "Kenz300 x" (@KJSvitko) on "Markets Panic Over Shanghai Lockdown Fears | China Reacts To Abe Death | Chinese Economy | Australia" 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. Will the number reflect this decline or will they "ADJUSTED" to reflect what the leaders want to see.
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  2. 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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  3. How are people coping with being locked up ? Will the CCP get any push back because of the lock downs, shop and small business closures and supply chains impact on GDP ? China has become too aggressive with its people, companies and its neighbors. People, businesses and investors are moving away from China. Supply chains are broken. The economy will be impacted. Property developers will have no sales and can't complete projects. They will drag down customers, suppliers, bond holders, investors and local governments. The GDP is ZERO if the city is locked down. There is no economic activity.
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  4.  @J_X999  China will continue to throw money at the problem but it will not be successful and will only add to the debt.
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