Luxury homes and cars aren't selling, upscale restaurants are closing in large numbers 

I agree. You cannot take property with you when the SHTF.

Patriotism of Winnie PorkPooh - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Exports and imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. Mengze daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card WOW SO GOOD Organ Leeks #sloprosperity #theskydontlie

@@sleepinglaffey3886 That's a very good point by point breakdown of the extent of the problem (disaster?). Most people are not even aware that China's debt to GDP ratio is 300% - I found that out myself just 2 weeks ago. I was shocked. People assume because China is such a massive exporter that everything is hunky dory, but it's actually terrible.

​@k9killer221 Lvl 1 peasant leek/Little pink crook Lvl 10 Gaokao corrupt official Lvl 99 senior naked official Lvl 1000 Naked official runaway in a vancouver or sydney condo with 10 mistresses and boasting offspring that's how party works also there's vancouver little pinks in the top comments

@@k9killer221 In addition, household debt - mostly mortgages - is 61 per cent of GDP. Altogether, China's gross national debt is over 300 percent of GDP. A high debt burden constrains the government's fiscal firepower, preventing it from unleashing bolder stimulus and weakening its effectiveness when implementing support measures.Jan 25, 2024

I have an x through a Chinese flag on my car

​@@ILOVEBACONBOY2018 I guess you could explain the context but people probably just think you're a racist.

Always check where your purchases are made and put in the effort to avoid "Made in China" whenever possible!

Yeah, and they're going to have to move again if they haven't already, to dodge the CCP.

Richest man in HK started selling in mid-2010s and the mainland Chinese were throwing insults at him.

I agree. The motivations to leave China due to the stupid CCP policies and economic indicators have been around for at least 5 years. The smart-heads are already gone.

Patriotism of Winnie PorkPooh - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Exports and imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. Mengze daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card WOW SO GOOD Organ Leeks #sloprosperity #theskydontlie

Yeah, this has been a long time coming and the smart heads got out from about 7 years ago when it became obvious Xi Jing Ping is a tyrannical nutter.

Arrogant young masters are now getting humbled.

Patriotism of Winnie PorkPooh - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Exports and imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. Mengze daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card WOW SO GOOD Organ Leeks #sloprosperity #theskydontlie

Doesn't China also own a substantial amount of America's debt?

@@sleepinglaffey3886 US debt: 70 trillion. China debt: 47 trillion. Less per capita. Economy growth is pretty impressive.

chinese can't afford porches, hahaha 🤣

chinese can't afford porches hahaha

China is overcapacity of home builders With 36 million houses empty without buyers

The hidden cost is that you have to live in China to actually use it.

These garbage ass buildings collapse very easily.

the china version will last ten years at best

@@Arthur-jg4ji more like 4.

Aww Sad isnt it? Well? Would you take his shoe? I bet he would be happy to know you are willing ... have you seen what happened to Tbet and Ughur or even HK? XDXDXDXDXD They sought to it, oh yes ask PatrickWei your friend.

I love Bank Of America's dimwits! They gave me a free $30k because they didn't do their due diligence!

So there's less people buying Porsches, oh dear, how sad, nevermind.

​@@michaelturner4457 such a pity . Oops . No need to pity.

Hahaha because chinese can't afford stuff so funny😂

Lvl 1 peasant leek/Little pink crook Lvl 10 Gaokao corrupt official Lvl 99 senior naked official Lvl 1000 Naked official runaway in a vancouver or sydney condo with 10 mistresses and boasting offspring that's how party works

Yep,bridges,roads,apartments,condos,etc all shoddy

They’ve never ever known freedom in china. Taiwan is as close as it’s gotten and not without trials and tribulations

Have sympathy mate. I guarantee you, you and your fellow countrymen are doing the same

Since 1913, the people of the west have been systematically giving away their rights to an international cartel of central bankers, who have thoroughly entrenched their grip on power through world wars, money printing and inflation, fake pandemics and national policies designed to asset strip the common man. The tyrants of the west have slicker marketing and PR than old Winnie the Pooh, but they're every bit as greedy and dangerous - as I fear we shall all soon see.

​@@xixi560no.

so they were an American car when ford owned them?

You catch on fast

@@kevinbarry71 ? No one out of 1000s of ppl would call it American.

@@Lavithz it's not. It's Chinese. I thought we covered that

@@kevinbarry71 are you a bot? Or just dropped on your head

Strongly agree!

I was just looking at investing in a property in China in case I would want to go live there and start a permaculture. Apparently foreigners can't even buy a property until they have lived there 12 months, changing that law would certainly help the market recover for China... If I could find a nice countryside home near a populated city with some land and modern amenities for less than 50k USD I would most definitely consider moving to China! This is how bad the housing market is here in Europe, lol. Better to have a crashing market people can afford than a profitable market that keeps the poor homeless.

The AI is generating fiction yet again.

I have no direct knowledge, but you do realize that osteria is a common Italian word? Osteria Francescana is one of the most famous restaurants in the world (located in Italy).

Are you sure about that? Because there's quite a few restaurants of that name in various cities in China, including Shanghai.

@@michaelturner4457 well, the video that is shown is about the restaurant in Tianjin, I am pretty sure about it because is owned by a friend of mine. Whilst the voice description is about a restaurant that it is now closed in Shanghai

Who Winnie the Pooh?

Not in China. Everything is so expensive these days.

@@williamchow7533 There is no joke making on the day of judgement just Fear and trembling repent sinner