Comments by "Kenz300 x" (@KJSvitko) on "China’s Infrastructure Collapses Under Extreme Weather | Chinese Economy \u0026 Consumption" video.

  1. 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. Climate Change will impact everyone. It is making weather events more extreme. Individuals, politicians and businesses need to dump fossil fuels and install solar energy. We are destroying the very air, land and water resources we all need to survive. We must take better care of the natural environment. All government buildings must install solar panels. All businesses must install solar panels. Coal power plants need to shut down and be replaced with solar energy.
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  2. China is just now figuring out what a PONZI scheme is. NEW buyers paying off old projects. Pre Sold selling is a scam. People are locked in and forced to pay a mortgage on an unbuilt property that may never be built. The whole property development industry is a scam with shoddy construction and unfinished properties. Buyers are left with no way to get their money back or a finished property. What a scam. The government does not care about the average working people that got scammed and does nothing to make them whole. The government is protecting developers and banks but not the people.
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