Comments by "Kenz300 x" (@KJSvitko) on "Shanghai Lockdowns Imminent? Heatwave Slams China | Financial Crisis Fears \u0026 Chinese Economy" 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. People need to be educated about the relationship between extreme weather events and burning fossil fuels. Burning more coal will only make things worse.
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  3.  @davidradtke160  exactly - but fewer people will also be a benefit. Less food, fuel and other resources to import leading to greater self sufficiency but it will take some time.
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  4. Climate Change is making weather events more extreme. This will impact the worlds food supply. Floods, droughts, fires, excessive heat and low water levels in reservoirs and in ground water storage are becoming more common. We must stop adding more fossil fuels to the climate fire. India, China, Brazil, Japan, US, Europe, Indonesia, Canada, Germany and Australia need to do more to reduce use of fossil fuels. They must stop building and financing more coal fossil fuels power plants. Time to go all in on wind and solar energy and electric vehicles. Fossil fuels are a bad investment for people and the planet. Investors are divesting from fossil fuels. ESG investing is growing. The cost of dealing with the impact of climate change will be greater than the cost of reducing the impact. The world population is expected to grow by another billion people. Where will the food come from ?
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