Never forget, friends: communism always ends in shared poverty.

@5anjuro

Ай бұрын

Even then, some people are more equal than others.

@loremasteringwion9930

Ай бұрын

Communism plus the free market that is

@danwithguitar

Ай бұрын

That's not true, Xi and his friends made out like bandits.

@rishavsingh747

Ай бұрын

Uhmmmm, Here The Officials have all the money and assets, Poverty Isonly shared by Normal Chinese People

@dogegamer3288

Ай бұрын

Capitalism = subsistence Socialism = hunger Communism = starvation in a nutshell.

The Chinese played the game of communism long enough to feel the ramifications of it 🤷🏻‍♂️

@rayblack9657

4 күн бұрын

The Chinese were waxed Rich once upon a Time.

China's period of prosperity, came from foreign investors. The products coming out of China were often substandard, or toxic. Foreign investors got out of China. The decline is inevitable.

@Lorebreaker989

Ай бұрын

Communism works great, when it's bankrolled by capitalism.

@sleepinglaffey3886

Ай бұрын

#sloprosperity

@user-mc2oc6jw9q

29 күн бұрын

china's prosperity was powered by western capital which now being divested at the same rate it was being invested :)

@ittekimasu2441

28 күн бұрын

Lots of foreign investment flowing into China again. The German auto makers alone are bringing billions in new investments in 2023 alone. Chinese Hightech will be the next growth wave. Due to US sanctions they are now advancing fast in microchips and more. This will eat a big share of markets so far dominated by the US.

@warchijei

28 күн бұрын

not really my friend...

China grew so fast, but its demographic dividend closed. It hit a fork in the road... Choice 1: age gracefully and cooperate with the global world order created by the Western powers. Choice 2: challenge the West, embrace conflict, get your way by force even as you age and die. Unfortunately China chose poorly.

@xhagast

Ай бұрын

Choice 2 MAY work, for a different people. France MIGHT try it and come out OK. Not China.

@rishavsingh747

Ай бұрын

Umm... I think They Did Not do the second One, They Chose In Between 1 and 2. Co-Operate And then Backstab, But actually They are fighting internally for More and more resources and Common people Suffer again and again.

@Cryosxify

Ай бұрын

xi chose poorly, his policies changed the direction of ccp China into what it is now

@whitewolf7179

Ай бұрын

Well ther demographick is just insane with the data coming out of shanghai academy of sciens the implikations ar that china will expeience somthing even worse then the black death in the midelages in Europ ... and that is just scary ( by 2050 ther will be les than 600milion chines)

@slamdunktiger

Ай бұрын

Beautiful breakdown. Bravo.

Xi’s common prosperity may have finally arrived, congrats

@tazboy1934

Ай бұрын

How dare u say that to our poo

@firehot006

Ай бұрын

It was a big challenge for him but with passion, dedication and perseverance he has achieved more than was even thought possible.

@TOMAS-lh4er

Ай бұрын

The CCP lied about leaking the CCP Virus, to avoid any responsibility, To not have to pay damages, They are paying for the leak anyway !!! The CCP are FOOLS, they build up their military to prevent the West from defeating them, BUT the West has already defeated the CCP without firing a single shot !! I grew up during the COLD WAR, the USSR had a HUGE military, but America defeated it by an economic war !!

@arcoc2133

Ай бұрын

Also Bidens

@Funnydoodoo08

Ай бұрын

I rather stay in China than any where else in the world .

Recession is a word the CCP can not accept.

@WorldSpaceRace

Ай бұрын

Lol China still growing and anti China sour grape trolls can't accept... Spewing non stop hates on China, i wonder why, did China owed you anything??.. Lol

@schepvogelk5971

Ай бұрын

Eventually it will catch up. And then things will get ugly.

@johntang4108

Ай бұрын

Only American know recession is the thing that is coming. The debt is entangling and the failue of hegemony is inevitably. Poor middle class is gone and the fallen empire is imminent. These are the words that American cannot accept.

@RagnarokGenesis00

29 күн бұрын

it’s the word rich cannot accept because it means loss of power on poor

Analogy: It takes months to build a house, and one day to burn it down.

@jamegumb7298

Ай бұрын

In China's case they added reforms to spy laws to make them more draconian, random arrests and hostage diplomacy to keep the foreigners with orders out, foreigners which they can and will convict on the spy laws for even placing orders. In other words: when the house burns, add lots of fuel.

@Kunfucious577

Ай бұрын

America is going to learn that soon this year. Our economy is just as fake

@user-tu4qg1hq1i

Ай бұрын

Try an hour

@Patrick-pv9pe

Ай бұрын

It takes less than that for a tofu dreg house

@seekthetruth1478

Ай бұрын

One must first have a house. What about all the people that paid their money just to receive.....well.....nothing?

Lie flat CCP, just lie flat.

@afriedrich1452

23 күн бұрын

They have been flat out liars for years.

They're all coming to pillage the open doors across the pond...

@seekthetruth1478

Ай бұрын

They're already here. And for quite some time now.

How can grocery stores close down? Everyone needs to eat. Even if you lose your house and live on the street, you still need to eat.

@Mr.Sevenn007

Ай бұрын

They are buying straight from the source.

@seraph3761

Ай бұрын

“The land will provide.”

@Serahpin

Ай бұрын

@@seraph3761 In rural areas, sure. But in the city?

@Target-zo7fb

Ай бұрын

They go to traditional wet markets where foodstuffs are sold by aunties. Everything is cheaper there.

@JESUS.saves.Repent.

29 күн бұрын

Please repent! The KINGDOM OF GOD is at hand. Please repent and pray for GOD to forgive you in JESUS name. The devil hates all, including you. Hell is not a party. It is a fiery garbage bin originally created for fallen angels who turned against GOD. Humans who side with the devil and the fallen angels go to the same place. Please turn back to the safety of JESUS CHRIST our LORD AND SAVIOUR. Pray for truth in JESUS name. Pray for salvation in JESUS name. ❤❤❤

A mud hut and meager food supplies is probably still better than tofu dreg housing and gutter oil.

Karma for helping Pol pot

@ActiveAussie2024

Ай бұрын

💯 percent. A lot of people don't even know that China funded the Khmer Rouge. Over one billion dollars in 1975 alone. Pure evil!

CCP dystopia is hell

@JunHooKim-bn4yc

Ай бұрын

🤣🤣🤣 You know what...?? 👇👇👇 China has been on the brink of imminent collapse in every Tuesday for these 5 decades. 🤣🤣🤣 And here... again.. China is on the brink of another one collapse.!! 🤣🤣🤣 What a magic country China is.

@Funnydoodoo08

Ай бұрын

it's actually beautiful here ,seems like you're describing the place you're in .

@roderickflint1330

29 күн бұрын

@@Funnydoodoo08 Swee, seems like you are a blind person. I feel pity for your disability :(

@powershift2024

27 күн бұрын

@@Funnydoodoo08 +1,000,000 social credit score!!!

My wife is there now, in a third tier city in the northeast. She says the stores and restaurants are empty. There’s also a lot of virus still circulating.

What is the Karma for stealing?

@WorldSpaceRace

Ай бұрын

Huawei 100% home made in China! Same with the space station and the hypersonic weapon!

@alapaticornell4391

Ай бұрын

100% No invention. Just stolen IP. ha.ha. air heads.😢

@outkast40

Ай бұрын

​@@WorldSpaceRace nothing but CCP thieves.

@xhagast

Ай бұрын

Being robbed?

@Paccekabuddha

Ай бұрын

@@xhagast became miserable

The grew with warp speed and now they decline with transwarp

@Kunfucious577

Ай бұрын

It wouldn’t be happening if Xi didn’t think he was smarter than the world. Only governments can have a plan great enough to destroy the world’s largest economies.

@IloveElsaofArendelle

Ай бұрын

Ah I see a man of culture...

@kris8742

27 күн бұрын

You wish

U mean having a ruler with a 5th grade education isnt working out?

@aBetterWorldTogether

Ай бұрын

you mean having a ruler that can't finish a sentence in simple English isn't working out ?

@ricya1982

29 күн бұрын

😂 he talking about Biden "Who pooped my pants!!!" 😂😂😂

@Megamibunny

29 күн бұрын

@ricya1982 Nobody is talking about Biden or the USA mate.

@protorhinocerator142

24 күн бұрын

@@aBetterWorldTogether No, it's not. But November is coming up fast.

Real estate lesson; Never invest in a property that is not yet built. Greed has ruined China. Very sad.

Communism is a great system. Until you run out of other people`s money 😁

@overman2306

Ай бұрын

China hasn't been communist since Mao died. The CCP just kept the name.

@Talleyhoooo

Ай бұрын

You’re an idiot if you think China was actually communist

@JESUS.saves.Repent.

29 күн бұрын

Please repent! The KINGDOM OF GOD is at hand. Please repent and pray for GOD to forgive you in JESUS name. The devil hates all, including you. Hell is not a party. It is a fiery garbage bin originally created for fallen angels who turned against GOD. Humans who side with the devil and the fallen angels go to the same place. Please turn back to the safety of JESUS CHRIST our LORD AND SAVIOUR. Pray for truth in JESUS name. Pray for salvation in JESUS name. ❤❤❤

@user-mc2oc6jw9q

29 күн бұрын

🤣😂🤣😂

@Talleyhoooo

28 күн бұрын

Capitalism hasn’t done any better…

Thank you for your excellent reporting. Thank you for informing the world how China is doing.

@Earthboundmike

Ай бұрын

One does wonder how accurate this stuff is honestly. When one hears the things one does one wonders how the country exists, how did they not accidentally poison everyone sort of deal.

@mohhingman

Ай бұрын

@@Earthboundmike it’s certainly not sanctioned by the CCP. I’d believe this than a rosy story crafted by little pinks.

@rishavsingh747

Ай бұрын

For me, I honestly Don't Get Why Is Manufacturing Fake Eggs Easier than Real Eggs? Did They Eat All the Hens And ducks?

@shanont

Ай бұрын

@@Earthboundmikeive Been in China several times. Last time was 3-4 months ago . I feel this channel is somewhat overexaggerating . But it indeed was noticeable that the luxury stores was quite empty of customers. And business is indeed slowing down . So the is some truth , but this channel like to shows the worst examples and gather them to into 1 video. I guess we could find similar examples in many other countries.

@seraph3761

Ай бұрын

@@shanonttbh, theirs a lot of similar things happening in America as well, and they’re honest about it. It often feels like I’m looking right into a mirror. If it’s one incredible thing China does better than any country I know, it’s that it makes the outside look incredibly beautiful and shiny so you’re blinded by the polished society, while at the same time, everything is breaking down and crumbling on the inside, often omitted by communism. I know of no other country that does this better than China. This is why they despise any videos made on them and crack down hard on anyone tarnishing their image and brand. I’m actually astonished they even let the locals video record at all.

Rice fields are wide open for employment 🇨🇳

@billyjoesmo8251

Ай бұрын

Didn't work well in Cambodia

@PhillipManholes

Ай бұрын

Lots of government work, if they exile current government.

They have hundreds of ghost cities vacant and crumbling. That's a lot of people down the drain, so it's just a matter of time before things go south.

When the people cannot be fed, unrest will grow into revolution.

@frankt5987

27 күн бұрын

China needs to wake up.

One billion people and empty streets is bad.

@koanstarr9393

Ай бұрын

Where did everyone go? Dying inside their house?

@overman2306

Ай бұрын

@koanstarr9393 Maybe they were sent to gulags.

@ragnarandersson2866

27 күн бұрын

You dont see stret dogs in China ?? Becous Chinese has eat them😂😂

@overman2306

27 күн бұрын

@ragnarandersson2866 Ah sure they were doing that anyway

@HaiPham-yn8fm

27 күн бұрын

they're on their way to USA

A number of things happened to China`s economy and where it is today they were not inevitable but happened they did. Having lock downs for COVID was not a natural occurrence . The virus "Might" have been a natural "happening" and inevitable but the reaction by the CCP was all man made.When China took itself out of the world`s supply chain it started a domino effect that should have been realized what the results would be..Apparently, the CCP thought their reaction was a wise one. They thought wrong. Another thing they might have thought wrong was how important the Chinese economy was to the rest of the world and that their political, foreign policy decisions would not matter or that other countries would have no choice but to accept the CCP`s moves, because China was too big to be ignored. Greed is a human condition and affects all races/societies and it has an effect on all social/financial economies (inflation,recession). I guess human nature is going to take place so this might be naturally occurring (real estate bubbles is one result) where it can cloud people`s judgements.

@firehot006

Ай бұрын

Very well said.

Keep in mind, China can no longer feed herself, by a LOT. Huge amounts of farmland have empty cities on top or have been painted green and destroyed in some other way. Most of the water is polluted so it won't grow good crops either. China's economy goes south, mass starvation to follow in a rapidly becoming not interested in refugees and other people's problems world.

@JunHooKim-bn4yc

Ай бұрын

🤣🤣🤣 You know what...?? 👇👇👇 China has been on the brink of imminent collapse in every Tuesday for these 5 decades. 🤣🤣🤣 And here... again.. China is on the brink of another one collapse.!! 🤣🤣🤣 What a magic country China is.

@onehtereproppper3697

28 күн бұрын

Nah. Rice will grow. No problem.

@hemaccabe4292

28 күн бұрын

@@onehtereproppper3697 For their sake, hope you're right. Don't think you are. They already need to import a lot of rice.

@AR-rn8ok

27 күн бұрын

They should switch to beans. Better crop.

@hemaccabe4292

27 күн бұрын

@@AR-rn8ok At least rotate beans to enrich the soil. Then add beans to their rice dishes to get the protein.

There’s an ICBC branch just a couple blocks from my house, and just waiting for the day to see it close for good and get the heck out of my neighborhood!

Well, if China didn’t make poor quality products for the past decades then this would have of not happened. People will always come back for good products and services, however people will not come back for poor products and services. People comeback to eat at a good restaurant, but will not for a bad restaurant, right?

@user-nu2vc9mp5j

Ай бұрын

This is ignorance

@it_is_what_it_is269

29 күн бұрын

@@user-nu2vc9mp5j its not ignorance ,chineese products come to europian market only through control and testing for safety ,many chineese things just in my country were sent back or destroyed for not alligning with public health and safety regulations ,for example lead in paint on toys for kids ,toxic chemicals in coloring on clothes etc.

@CR-zd6ug

26 күн бұрын

​Arogance AND stupidity of the government plus poor quality products!

@ytSuns26

2 күн бұрын

Communism destroys incentive. Companies are told what to make, how much to sell the item for. Very strict rules . The only way to get ahead is to cheat or cut corners.

There is a scientific meaning behind the expression "lying flat": it's preservation of calories. Obtaining calories requires spending existing calories, and if one cannot obtain sufficient number of new calories it makes more sense to preserve already existing calories.

@rishavsingh747

Ай бұрын

No, This Lying Flat here Means, Eat and Wait for Death in old age.

@firehot006

Ай бұрын

Interesting! I hadn't realised that was the etymology of the phrase.

No one feels bad for them. Get out of disputed waters!!!!!

@rishavsingh747

Ай бұрын

No, It's Just Those People Have to Grow a Spine, If They themselves Cannot Care about themselves, No one Will Care about them, Respect Is only earned If You Respect yourself first, They Have no Fire in them.

@brianboye8025

Ай бұрын

Stop raping the oceans. It is not sustainable.

@iatethecrayons

29 күн бұрын

@@rishavsingh747 3 billion people and not 10000 will stand up to their govt. A joke.

This is just like any other country or economy in a bursted bubble. Everyone is able to make money easily in a boom situation.

@AR-rn8ok

27 күн бұрын

Easy to fix. Shift war spending to economic development. Stop helping Russian invasions and stop talking about Taiwan invasions. Go back on the path of globalization and cooperation with USA and Europe, that Russian influence campaigns have tried to break up for years.

@user-uo7fw5bo1o

26 күн бұрын

​@@AR-rn8okExactly. That's what China has to do, cooperate with the USA and Europe otherwise it's a garbage historical period for all except Putin and his cronies that he favors, and of course the rich.

My goodness these percentage drops are massive.Its mind boggling.Each one of these videos are 20 straight minutes of woe

Pride goeth before destruction, and an haughty spirit before a fall. Proverbs 16:18

Every sector decreased by 20 to 60 percent but China growing by 5 percent 😂😂😂 what a blatant lie

@firehot006

Ай бұрын

Statistics with Chinese characteristics.

@darthvadeth6290

Ай бұрын

This channel is hilarious. I come back occasionally just to see how pathetic it's subscribers' comments are 😂

@eragonfreedman9228

Ай бұрын

@@darthvadeth6290 🤡🤡

@seraph3761

Ай бұрын

they*

@seekthetruth1478

Ай бұрын

Anyone believing and swallowing the CCP numbers game they're running that the economy grew by 5 percent is pathetic.

The term limits are realy important even the best leaders have their blind spots and loose their edge. After about a decade there should be a change of leadership to keep any organization healthy.

They have left the cities and go back to rural lands. People move to the city for work, if there is no work why bother?

You mean communists act like communists ? Who knew ?

We are at the saturation point… not too little production, but too much…and no one to buy.

@passportandbeer

28 күн бұрын

There's an economist that said just that on KZread. Agriculture, manufacturing, but no services ...China did not transition bc that's who buys in advanced economies...no local consumer consumption

Excellent update. Garbage period sums it up. 18:44 Seems like entire world needs a reset.

@WorldSpaceRace

Ай бұрын

Excellent update on lies and fake news, this channel should be locked up! It's a crime to spread misinformations! But America wastern media is full of craps.. Full of fooos... Govt funded lying channel! Worst than Indian TV

@RealJeep

Ай бұрын

@@WorldSpaceRace Go tell Xinnie the Pooh you did you best but we all know you're just a Little Pink shilling for the CCP.

I see one huge, humongous Venezuela brewing.

@neloglass

29 күн бұрын

You have good vision!!!

@user-uo7fw5bo1o

26 күн бұрын

This is a country that's literally too big to fail but it's failing anyway, and Xi Jinping and the CCP are the ones responsible.

You mean, what you did to manufacturing in rest of the world is happening to you? Sorry not sorry.

@SuperOdyss

Ай бұрын

The USA never sent its important, heavy, or valuable manufacturing overseas. China makes generic pharmaceuticals only. All cars sold in the USA are made in the USA or Canada or Mexico. China has tried to reverse engineer products but they have no idea how the product decisions were made and so their products tend to be of poor quality.

@Mr.Sevenn007

Ай бұрын

I agree and disagree with your comment. Companies move to China knowing what China will do. Now they are moving to other 3rd world country to do the same. Both western companies and China are to blame. It is the people who lose at the end.

@AlexLee-je5jg

29 күн бұрын

@@SuperOdyss "Rest of the world" and all you chanting about is USA, is USA the only country outside of China? typical ignorant American

@fruitloops3718

22 күн бұрын

I had the same comment. Only different. Now the chinese know how the Americans felt when their politicians destroyed the economy.

How is Making Fake Eggs Easier Than Real Eggs? did they Eat all the Hens and Ducks?

@PhillipManholes

Ай бұрын

Fake hens and ducks..

Interesting , Thank You . Sad for the People

welcome to 2008 china

@randalsaladbar

Ай бұрын

More like 1950

@MNcoquicoqui

Ай бұрын

1929

this is probably gonna be way worse than Japan's bubble

Well, China needs ot understand it is not a world power and not a first world country. They need to go slower and build infrastructure that is durable. The problem is China is not rich enough to build a first class infrastructure so it has cut corners. The people of China are discouraged and do not see a promising future. That enthusiasm for the future is what China needs, of course this would mean removing the CCP from the society, not likely to happen.

@popcorn6931

Ай бұрын

Oh stop it, you’re hurting the feelings of wumaos

@Kunfucious577

Ай бұрын

This is true. Turns out their prices were too low even for the sellers

@gavinlew8273

Ай бұрын

China has the most advanced AI Robots..

@Abdulbudolbahoglubot

Ай бұрын

​@@gavinlew8273 yeah tell your robots to do something about your declining GDP. 🤣🤣

@gavinlew8273

Ай бұрын

@@Abdulbudolbahoglubot I'm not from China, but their robotics are quite impressive kzread.info/dash/bejne/l2l-rdOPoqvYhdo.html

The higher you climb the harder you fall.

I hope i can hear the bang

"No nation is an island."

@nikkonikko6422

4 күн бұрын

Except Australia

Foxconn is a Taiwanese corporation. Ah sorry, province of Taipei, Formosa 😂 The CCP is just poor at business, period. Foxconn probably has moved most of it's electronics manufacturing to Vietnam by now

@user-uo7fw5bo1o

26 күн бұрын

If Winnie-the-Pooh decides to invade Taiwan he may find out he has a military with tofu-dreg military weapons and equipment!

I would love to read all the sources for your videos, good practice for my Chinese :) I have been out of the scene for 10 or so years, it is really interesting to see how much has changed.

Where are all the people gone do I have to ask that question they all want the Mexico to the US

@randalsaladbar

Ай бұрын

It's amazing how much CCP media keeps them all oblivious to reality

@richmondighot5609

Күн бұрын

Yes

Zero Covid-19 policy really do the country in to a point of unsalvagable.

China has to carry out in its chosen path so far is to borrow more and invest without considering the total trillion dollars deficit Then when all the things come to the previous level then only it can gradually slow down its borrowing.

Sorry to hear what is happening in china. May God mercy to the people

"Garbage time" code for "Depression".

CCP( China Common Poverty)

@xxXAZNTsukasaAZNXxx

Ай бұрын

PROSPERITY :D

@bradleymacdonald6036

28 күн бұрын

Home run chipperson

Australia is abolishing the “gold visa” that enabled many rich Chinese citizens to buy a permanent residency and citizenship. The Australian people born in Australia are revolting and don’t want to live in tents because wealthy Chinese buy many houses to invest money. 💴 the Chinese face the same problem in Canada,new Zealand England and USA very soon. Chinese collapse is inevitable

@brucknerian9664

26 күн бұрын

The east coast lower mainland in B.C. now belongs to Chinese foreign investors; and it's too costly to live there; I moved to the Maritimes (east coast) and bought a house for cash, that cash wouldn't even qualify as a downpayment in Vancouver. Now Hongcouver.

@tarey05

21 күн бұрын

Xi's plan is to capture the USA for itself: use and abuse the natural resources, manage a foreign coup d'etat and leave China behind. Pathetic.

What an interesting and excellent reporting.

Good to hear that

This is what happens when the government has a very loose money policy. Anybody could get a huge loan. Builders would get paid right after the concrete shells went up. Also local governments raised money by somehow selling the surrounding land. Those are all high-risk and unsustainable policies. So they end up with hundreds of millions of unfinished homes. Factories are in oversupply and easily fail. Also the zero-covid policy spooked most foreign investors. It's going to be a heavy hard fall for most of the economy.

@xhagast

Ай бұрын

And when they tighten it, nobody can get loans and it is discovered that they weren't actually profitable, not even viable. The whole thing is essentially a scam for CCP bosses to make money. It is an institutionalized Ponzi scheme. Those that actually realized it must have been told to shut the F up.

Many modern western economies had similar experience of stagnation. Even Japan had experienced 30 years of long stagnation after the bubble pop of '80s. China also will have to go through such a long and dark tunnel of economic stagnation for next 30 years or more before recovering again. Good luck to Chinese people.

@AR-rn8ok

27 күн бұрын

Will only be prolonged misery if they continue to act like Putin and threaten war with Taiwan. If they stop funding Russian war and stop “talking tough,” on Taiwan, then western fear will subside and money will flood back into China. The west sees xi in power forever and then sequestering Jack ma and imprisoning or disappearing thousands of Hong Kong protestors, and they get nervous and leave. Plus it’s bad for your economy for so many productive citizens to be disappeared in Hong Kong. It seems a wise leader was led astray by Russian antiglobalization and pro decoupling propaganda and now his empire is suffering. It doesn’t have to be this way but maybe his advisors are scared of discussing the mistakes and how to correct them.

No matter how tough people still need to eat. So to find the wet market empty makes no sense.

Very informative and thorough analysis! And whoever did the translation, your english is beyond perfect! While some may say this is fear mongering, no solution can be reached keeping your head in the sand.

The guy only made 700,000 RMB in 4 years? Oh my God.

@MasticinaAkicta

Ай бұрын

China isn't on the level of THE WEST yet.... far from. A lot of chinese are POOR!

@WorldSpaceRace

Ай бұрын

@@MasticinaAkicta poor? Still no homeless n zombies like your mother America... Lol

@oodo2908

Ай бұрын

@@MasticinaAkicta In America there are actually ALOT of poor. But they are given money for food and house and don't have to work. If they make more babies they get more money. The illegal immigrants are also given free food and house. Most of the middle class is actually poor. They are negative from loans until they die. America looks rich but it is actually fake rich. I've actually seen the most people with money in SE Asia. The middle and rich pay off all the loans fast and the taxes are low. They are living really good. I visited Japan this year and actually there's a lot of poor. But the government controls the rent price so Japanese can still have some savings and afford to go out sometimes. Very sad to see how many poor Chinese there are. And now the people who tried so hard to make business are debtors and can lose travelling rights. The 'lie flat' people are doing better with no debts...

@judyl5358

Ай бұрын

That's 29K a year

@oodo2908

Ай бұрын

@@judyl5358 Can you imagine working everyday 12 hours managing a factory? And that's all you make? Dealing with workers comp and everything. That stinks.

CHINA IN 2024: THERE'S NO MONEY TO BE MADE EVERYWHERE!!

@xhagast

Ай бұрын

Ah, that is the joke, THERE NEVER WAS!!! Tessla invested in China just to have them steal his tech and squeeze him out of the market. The Chinese economy boomed as he built his factories and competing Chinese factories were built. Now both are underused, the money is spent, price wars rage, debts scream to be paid and the whole house of cards begins to crumble.

This is a symptom of a much larger problem.

Maybe major cities like Beijing and Shanghai looks like it's busy and thriving but outside of that ?

I don't normally comment, but this time, I feel compelled to. In the beginning of the video, when that lady asked 'Where is everyone,' I suddenly got a really bad feeling. When I realized why, I felt so sick, I nearly threw up. So many Chinese people have died in China due to Coronavirus, man-made disasters, as well as natural disasters made far worse by the ccp's errors and blatant carelessness that 'where is everyone' is becoming the more posed of questions. I have a sneaking feeling the Chinese population has dipped below 500 million...

@Cryosxify

Ай бұрын

if the ccp ever disappears, i hope they release the actual numbers on everything

@waltertodd4479

Ай бұрын

Wow!

@xxXAZNTsukasaAZNXxx

Ай бұрын

@@Cryosxify then CHINA IS DONE lol

I've been hearing of the "pending collapse" for nearly 5 years now. When exactly is this going to happen?

@popcorn6931

Ай бұрын

Time to invest in China now if you believe in the China dream.

@Kunfucious577

Ай бұрын

This year. It was supposed to happen but the government has been spending money to keep it from happening. This is also true for the U.S. the problem is that it just gets worse the longer you wait

@gavinlew8273

Ай бұрын

If China falls...won't the other nations also...like a domino effect? I'm sure the other nations will chip in to make China great again!

@waltertodd4479

Ай бұрын

​@Kunfucious577 so are you saying that as long as ccp can print money everything will be fine? 😮

@it_is_what_it_is269

29 күн бұрын

@@waltertodd4479 ccp can print money for as long as it has under thumb countries of africa ,Russia or hungary who will pay the deficit due to loans they gathered for cheap shit construction work ,if africans dont pay loans to chineese china gonna economically collapse .

It reminds me of classic stories like Shakespeare's where the king asks the fortune teller what will his future hold... Your policy will set the future of China for the next 100 years ... But it omitted the fact that the policies will do this by initializing Chinas decline

Only the rich and connected can survive in such an environment.

Really? Are you sure? A few hours ago you just posted a video showing Chinese people lining up to buy Huawei latest and uber expensive smartphone. This channel has been drumming the same mantra for years it's hard to believe anything you guys posted anymore🤷

@Amenimun

Ай бұрын

"Either you're trolling, or you have reading/listening comprehension issues. In their Huawei video, they talk about Huawei having extremely bad reviews, is glitchy, sluggish, and is mainly known for 'one-click undress.' It's a piece of garbage, essentially a $1500 paper weight." "Just because people were lining up, it doesn't mean it wasn't a bust, which it was with people saying it would be better to be Apple."

@johnsimpson6670

Ай бұрын

Well said. Listening to this (and other channels) is like waiting for winter to come in Game of Thrones. Wouldn't be surprised if this hot air has been created by the CCP.

@SuperOdyss

Ай бұрын

@@johnsimpson6670 Well, China has 300 million people useful in the modern world and one billion welfare recipients. China has big problems and I do believe it is teetering and its economy is doing much worse than they want to admit.

@jasontiscione1741

Ай бұрын

Sure, somebody bought a shitty phone so there's no recession. You could get a job at CNBC.

@seraph3761

Ай бұрын

They’re trade-in phones which the government initiated to extract money from even the poor. The chip in the phones providing sluggish performance also shows the withdrawal of foreign investments and cutbacks.

Karma...

Great!

"a crust of bread and a corner to sleep in"- Paul Lawrence Dunbar. This is my mentality regardless of how well I am doing at any given time. This enables me to spend wisely, save often, and keep my debt under control.

I bet that those in the CCP who are responsible for this do not suffer from such poverty, but live in prosperity. I thought that in socialism everyone is equal, but apparently some are even more equal. These are the typical signs of decay of an authoritarian system...and the more pronounced these symptoms become, the stronger the iron grip that the population is held in.

@seekthetruth1478

Ай бұрын

No need to 'bet'. It is true. As to socialism: One of the original commandments in Animal Farm: "All animals are created equal." Later changed by the pigs to: "All animals are equal, but some animals are more equal than others."

@zenon7094

Ай бұрын

@@seekthetruth1478 Yes...Orwell knew exactly what he was talking about in his books...'Animal Farm' and ''1984' should be read in every school around the world.

Imagine an economy where doing nothing is better than doing business.

(1) free economy - controls trends not by one person, mistake beggeds mistake....

1.6 trillion may be a staggering fiscal debt, but I bet it’s more. Ooh…uh oh. There’s something that happens when you run out of cash, Russia’s been finding this out the hard way. Essential upkeep goes way down, you don’t have the money for expensive parts, etc. Why does this matter? Off the top of my head, I can think of one thing where it really matters, besides basics like maintenance of highways and railways, and that’s maintenance of dams. China has thousands of dams, and one really big one-the 3 Gorges Dam. If the ccp is on the way out, will they care if there is loss of human life? They haven’t cared so far, but let’s hope it’s not the case with maintaining the 3GD, because it will be apocalyptic if they don’t. 😬

Most of the countries having the same problem

@Funnydoodoo08

Ай бұрын

True and they have it worse ,China is doing fine .

I have seen this collapse 'coming soon' since 1 year already here 😂

@Dave05J

Ай бұрын

Collapses don't happen overnight you fluffy brained

@popcorn6931

Ай бұрын

You should invest in China…. Real estate especially 😂

@carlosmiranda5091

Ай бұрын

@@popcorn6931 I did it. April 2020 I bought my house. I got the keys 1 year later. I am typing you from that house right now. Guangdong province, very near to HK. Cheers

In the 1960's all of us kids bought cheap toys that were labeled "made in Japan". It brought in much-needed revenue to Japan, and the Japanese were able to build their economy into something that provided for its people. I suspect the Chinese could sell more overseas, but not until their government allows more freedom for the businesses. According to a Chinese poster the Chinese people are too afraid to speak to foreigners at this time, and so she said that she would no longer be posting on forums

China would trive if the rent wasnt so harsh for businesses, they know they are facing hard times and they are making it worst by being greedy

You mean 🇺🇲 correct?

Dont trust this kind of video. I just visited shanghai and wuxi and found the retail business are good there.

@seraph3761

Ай бұрын

Did you get a good look at their books or spoken to their boss directly? Cause that’s how I do it.

@user-nu2vc9mp5j

Ай бұрын

Shanghai a tourist heavy area? If you know anything about tourism

@Funnydoodoo08

Ай бұрын

Yes the video is nonsense ,I'm in China ,it's business as usual here .

I will say even in America we have decades of debt for a home.. that sounds pretty common... lifes a ditch ,ya dig

As a boy I saw China's 10% annual growth and wondered where that would end? The economists on TV were gushing about it but I understood if that continued forever China would need to have every thing in the world, impossible! At some point the growth would become unsustainable and there would need to be either a reduction in growth or a savage recession. Xi not understanding markets, economics or human behavior has selected the savage recession.

I don't mean to be the party pooper but the China collapse lore is near its end too. This subject is now completely exhausted, with average five similar video titles a day touting the imminent collapse of China. It won't even work as clickbait any more. You guys need to come up with something less dated to grow your channel. I really appreciate and support your work and now even I am bored.

Did anyone see any collapse? This jerk being saying for ages! 😂😂😂

@johnmartinez6270

Ай бұрын

I see all world in collapse but maybe other people can't see that because they are just 👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯👨‍🦯and 🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡

@englishguy215

Ай бұрын

I live in south west China in a tier 2 city. We do see the reality on the ground, many shopping malls with closed up units and no-one is lining up to rent them. Walking past many small business every day with rarely anyone shopping there. This video may be over exaggerated but the essence of what they talk about is right.

@WorldSpaceRace

Ай бұрын

@@englishguy215 another lying sour grape.. Show proof, give a live update!

@WorldSpaceRace

Ай бұрын

@@englishguy215 another lying troll show your proof, don't just talk empty

@zhanwenchen9238

Ай бұрын

Wait until you see how empty the malls are and the collapse of the corporate real estate in the US. The WSJ has an excellent video on it.

Impressed with the cleanliness and infrastructure.

We keep on hearing this when?

Winnie the Pooh did not listen when he was taking economics classes in school!😅😅

I'm not an economest, but I do understand an economy is all about transferring resources from a source with resources to spare to a weaker source that needs more than it has. Basically a healthy balance of give and take. Balance is 50% / 50%, China seems to be 80% take to 20% give. Resources hoarded are dead useless resources.

So, that's a no on the forty year bonds?

Investment of ten hundred thousand yuan vanished in a few months? That was not business doing. It was called speculation.

Been hearing this for decades - yet overall the absolute opposite just keeps happening.

Been hearing the same naratives for the past 20 years. Is this for real now?

Don’t borrow too much even if you wish to become rich and successful businessman..,

When 70 % investment into real estate sector in China, imagine when the resl estste market crush, stock market plummeted, consumers lost confidence, the whole economy will fell to 80% ...SCARY!!!