Comments by "Kenz300 x" (@KJSvitko) on "91% Collapse, Buyers Abandon Mortgages En Masse | Chinese Economy \u0026 Financial Crisis | Shanghai" 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.
    24
  2. The virus is endemic around the world. It can not be suppressed. Closing down every city will bankrupt small businesses and add to the already high unemployment levels. The supply chains are broken. Closing down will encourage more people, companies and investors to leave China. Property developers are going bankrupt hurting employees, suppliers, local governments, bond holders and customers. This will ripple through out the whole economy.
    1
  3. The virus is endemic around the world. It can not be suppressed. Closing down every city will bankrupt small businesses and add to the already high unemployment levels. The supply chains are broken. Closing down will encourage more people, companies and investors to leave China. Property developers are going bankrupt hurting employees, suppliers, local governments, bond holders and customers. This will ripple through out the whole economy.
    1
  4. Infrastructure investments should focus on ramping up wind and solar energy production and the reduction of fossil fuels use. Extreme temperatures, floods and droughts are a reflection of Climate Crisis.
    1