It had to be done In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
Not the same. After few years working in here, I realized its not all about unemployment but rather a lot of americans are too lazy to work. Some would even prefer to take a parttime job than full time to qualify for subsidy. Worst are those people capable to work but applies for disability saying "i cant work coz my arm is fractured" or whatever is hurting then goes weight lifting or partying. 🙄
@@mariefranco1553 you are generalizing an entire population based on your own limited experience. Of course, people living in a society with better social services may have less incentive to work hard. The people you encountered do exist, but most Americans are really hard working, except for the younger generations. Then younger generations across the globe have a different set of working ethics.
no. the people will suffer and die, new people will take their place. this was the big secret: population grows so fast, revolution has become impossible. corporations like the ccp will gain power as we go into the future, since consolodated economics can be used to easily control entire populations.
That seems a bit of a stretch. Population is 18.5M at the 2020 census. Maybe 2/3 of that population is working age. Probably slightly less people wanting to work since some people are stay at home moms. That would be a 50% unemployment rate.
Didn't this very channel keep telling you that China was.., is.., will be going..to collapse.? 🤣🤣🤣 👇👇👇 China has been on the brink of imminent collapse in every Tuesday for these 5 decades., right? 🤣🤣🤣 And here... again.. China is on the brink of another one collapse.!! 🤣🤣🤣 What a magic country China is.!
“Cull ALL the Birds!”-Mao Zedong “Egg Fried Rice anyone?-Mao Anying “Me like left nostril most!”-Mao Xinyu “I’LL plan the economy!”-Mao Jinpork “Corruption is rampant in China!”-Victor Gao
Corruption is rampant in Sina ! That is the truth, the stronger Winnie the Pooh counters the tiger and beats the files, the more rampant corruption appears to be😂😂. Absolute power correlates with absolute corruption
It's too bad the ccp killed the Golden Goose, Hong Kong. There would have been some chance of work there or abroad through the companies in Hong Kong. As it is now, despite the promise by the ccp to leave Hong Kong as it was, Hong Kong was forced to become part of communist China. Those who are willing to learn English on there own (3 to 4 months of intensive learning) can find jobs outside the China. Anything is possible. My acquaintance swam from mainland China to Hong Kong, when it was still British, received asylum, went to the US, got into college, and became a physician.
0:00 whoa😮 0:10 yikes for her🙁 1:07 poor guy, & 1:15 so they say🤔... 2:09 says their report🤔🤯.. 2:32 oh😮, 3:27 you guys can make up your own thoughts on this one🤔 ⭐3:58 yikes😬😬😬🤯 4:17 what a bummer & is this also because their economy is not fully developed🤔? 5:47 that's disgusting to treat those employees only for the bosses to save their butts. But the bigger question I have is, where's the CCP or Xi to come in & save the situation? Or am I just being too narrow minded & naive to understand that my opinion is already worthless & it's a Chinese issue only🥸? 6:44 what the🤯..! 7:18 so that explains the houseless issue in China😧☹. 7:28 that's if they still have a home to go to & if they're allowed to farm anything at all w/o Gov interference & rural police & their head leaders, too☹ 7:37 ouch☹ & 8:38 whoa☹ 10:35 where did they spend their money on? 13:10 ☹
It had to be done In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
This was a totally forseeable situation. Its not accidental. Dude crushed capitalism. Okay fair enough if you maybe replaced ot with communism like the early soviet stuff that at least had everyone employed at a skill they exceeded at.
It had to be done In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
Before I proceed with the ensuing remarks, I wish to first express my utmost respect for the Chinese government. It is not my intention to incite discord or foment any manner of rebellion, at least for the moment. What I am positing, however, is that they ought to metaphorically "catch a wake-up," and I say this with all due reverence, even though I am fully cognizant that such phrasing may not resonate as particularly respectful. Alas, the limitations of this communicative medium do not afford sufficient space to elucidate that nuance in full. I also wish to clarify that I do not regard this platform as a purveyor of propaganda, for it entertains perspectives from other ideological disseminators who cast China's economic trajectory in starkly contrasting hues. Nonetheless, the crux of my observation is rooted in a broader sociopolitical reality: there exists a swathe of the populace that discerns the intricate machinations of their government, a government which already operates as a hegemonic force. It strives to maintain control over China’s internal and external affairs, while those who might otherwise dissent are understandably apprehensive of provoking conflict and thus resort to damage control, safeguarding the image and reputation of the Chinese government. In truth, I do not assign blame solely to the Chinese government for the prevailing circumstances. They, too, are ensnared within a framework of thought perpetuated by an indoctrinated ideology-an ethos that became entrenched long before the current leadership's inception. Thus, for many within the governmental apparatus, thinking beyond the rigid parameters of their inherited ideological prism is a rare occurrence. They are, in effect, constrained to perceive reality through the narrowly prescribed lenses bequeathed unto them by history and circumstance. The insidious machinations of contemporary socio-economic structures have meticulously engineered a paradigm wherein the populace, stricken by despair, readily acquiesces to menial tasks in a desperate bid for survival, as exemplified by the despondent proclamation, “I’ll even clean your toilet.” This contrivance thrives on the pernicious myth of a constrained monetary supply, a fallacy propagated with meticulous intent to engender an atmosphere of scarcity and desperation. Governments, complicit in this orchestrated suffering, wield this illusion as a tool of control, veiling their true intentions behind vacuous rhetoric designed to pacify the masses. In essence, modern administrations are but marionettes of a broader, more insidious indoctrination-an ideology rooted in Western economic hegemony that has been grafted onto societies worldwide. This imposition is not merely circumstantial; it is systemic, proliferating across nations like a contagion of cognitive bondage. The masses, conditioned by this false consciousness, have adopted a worldview in which economic subjugation is perceived as an immutable reality. Yet, the astute observer questions the legitimacy of this state of affairs. Is it justifiable that a small cadre of elites, controlling both the mechanisms of currency creation and the corresponding ideological apparatus, perpetuates a myth of scarcity to subdue the masses? This ideology, deeply entrenched, must be dismantled if the people are to emancipate themselves from the yoke of central control, particularly the omnipotence of central banks, which, through their monopolistic stranglehold on the money supply, have effectively usurped the populace’s access to capital. The masses do not require the contrived mechanisms of monetary manipulation; rather, they need unfettered access to the very resources that would allow them to thrive. I possess a business model-sustainable, immediate in its benefits, and capable of providing financial opportunities for even the most destitute. Yet, such innovations will invariably be dismissed by the powers that be, for their paramount concern is not the welfare of the people, but the preservation of their dominion over the economic apparatus. These oligarchs, ensconced in luxury, stand idly by as citizens languish in poverty, tethered to a system of debt enslavement wherein entire nations are subsumed under the weight of borrowed capital. Meanwhile, figures such as Donald Trump, with their absurd postulations, expect the world to submit to their whims, further exacerbating the suffering of the global populace. The absurdity of this situation is self-evident, and yet, the masses continue to labor under the delusion that this system is inevitable. This is not merely a crisis of economics, but of consciousness. Consider the woman who resigned herself to a life of servitude, contemplating a return to the rural village from whence she came. This narrative is not unique-it is emblematic of a broader disenchantment, as individuals, lured by the illusory promise of urban prosperity, find themselves trapped in a market bereft of purchasing power, a market teetering on the precipice of collapse. Businesses falter, prices soar, and the entire edifice of the economy crumbles, yet the elites cling to their antiquated beliefs, refusing to relinquish their nostalgic illusions of control. It is profoundly exasperating that, in this day and age, one must petition the oligarchs for permission to innovate, to create, as if they were serfs prostrating themselves before their feudal lords. This system, rapidly devolving into a grotesque parody of itself, must be overthrown. The old guard, steeped in the delusions of their bygone era, must be displaced by a new order. Yet, these individuals are loath to release their grip on power, clinging to their illusions with a tenacity that defies reason. Worse still, they have shrouded themselves in a veneer of governmental legitimacy, deploying violent enforcers to quell dissent under the guise of maintaining order. Peaceful protesters, demanding justice, are met with brutality, and yet the state contorts reality to cast these citizens as the aggressors, while it is the authorities who perpetrate violence. This Orwellian inversion of truth is but one facet of the broader conspiracy to maintain the status quo. Critics of the so-called "New World Order" decry its advent, fearing a dystopian future in which one "owns nothing and is happy." But these detractors fail to recognize that we are already ensnared in such a reality. The banks, the government-they own everything. You buy a house, and it is the bank’s money you borrow; you pay them back with interest, and if you die without heirs, the property reverts to the bank, free of charge, only to be resold in an endless cycle of exploitation. Thus, the ruling class, entrenched in their positions of power, should vacate this planet before the masses awaken to the truth of their subjugation. For when that awakening comes, the edifice of control they have constructed will crumble, and they will be held accountable for the suffering they have inflicted. As a brief aside, it's imperative to acknowledge that my proposed business model does not solely serve my personal interests. Rather, it is a multifaceted, inclusive platform designed to empower anyone willing to participate, offering opportunities across multiple tiers of engagement. The current financial orthodoxy, however, entrenched as it is in its dogmatic allegiance to archaic concepts like supply and demand, is incapable of comprehending such a model. The government, along with its institutional machinery, will inevitably attempt to dismiss my proposition by regurgitating this indoctrinated dogma, confident in their ability to pacify dissent with platitudes. But I am not like the others who passively accept this shallow narrative-this artificially constructed bubble of economic thought. I see beyond their limited scope, and I refuse to acquiesce to their attempts to stifle innovation with antiquated paradigms.
@@skreebduchank1501 I know the truth is uncomfortable uncomfortable because those who you want to dictate to those who must be uncomfortable to be uncomfortable have had enough and will not back down and Indeed, I would venture so far as to assert that this is symptomatic of those thoroughly indoctrinated individuals who, ad nauseam, reiterate the same recycled notions with those whose responses are already preordained within the narrow confines of predictability. I, however, am not one to acquiesce to such pedestrian expectations. The fact that you may find contentment or success within the narrow bounds of your own existence does not, in any manner, dictate a universal paradigm to which others must conform. Happiness, fulfillment, and success are, by their very nature, subjective experiences, and cannot be homogenized under the aegis of your limited framework. Such regurgitated platitudes are, frankly, anathema to my sensibilities, and my reflexive response is one of sharp retort, for individuals of your ilk, entrenched in maintaining the status quo, are often oblivious to the profound ramifications of their rigid adherence to a stagnant orthodoxy. Can you fathom the magnitude of your own blind complicity in perpetuating mediocrity?
Can you please turn down the narration when Chinese people are speaking? The subtitles are enough, but if you have to have narration while they're speaking please turn down the narration volume
Eh? To be fair, one child policy was dropped in 2015. Now the CCP gives incentives to those who have multiple children. Economic woes in China are due to Xi Jinping’s hostile policies against foreign companies. Foreign investment has nose dove, which resulted in a massive departure of jobs.
lol, a country with a massive social safety net. Obviously, people like you have never traveled outside into different parts of the world. I remember the first time I went overseas and was like, "wait, I can't drink tap water?".
@@Wongseifu548 I was in Las Vegas last month, outside my AirBnB there was often several people smoking drugs. One came to the door at 5AM asking for Narcan. Homeless camps all around me. The streets are as dirty and black as they are in Bangkok.
Compare the count of CN immigrating to Canada with count of Canadians immigrating to CN. There's no contest. Go immigrate if you actually believe that nonsense 😆
I can only pray they come here to Florida. We need smart, educated, and hard working people who love their children and are NOT generational, welfare parasites. I cannot wait. If any Chinese read this come soon. God with you. ☦️
Never accept migrants from a country that practices, hostage diplomacy. Such nations force their oversea expats, to do their bidding, by persecuting their relatives, back home. It does not matter how well intentioned such newcomers may be. They constitute a security risk.
@@lance8080 I do give money to our homeless. Alcohol and drugs are tough problems when they keep leaving their shelters to get them. Thanks for the advice anyway.
Amen to that. Now a days when a cop pulls someone over, the person lists off all the disabilities they have. I once heard a lady list PTSD because her ancestors were treated badly back in the 1800s. Weak, a waste and addicted to selfies…..
I can only pray they come here to Florida. We need smart, educated, and hard working people who love their children and are NOT generational, welfare parasites. I cannot wait. If any Chinese read this come soon.
you think they came to become Americans? every dollar they have will go back to China. edit: not that the dollar will be worth much for long the plug was pulled and the pool is draining chances are good the Chinese are only here for demoralization and to move along the coming depression
It had to be done In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
Their job market is also a scam
It had to be done
In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities
By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities
That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers.
Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate.
Even then, It took them almost 14 years to get their overheated real estate under control
Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018
Why is their Central Government doing this?
Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen.
Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need
In China
Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married
Thus the common prosperity push and the crackdown on the overt displays of wealth in China
Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
Same in the US. People who are underworked, quitted jobs. or gave up search for jobs are not considered unemployed.
Not the same bro, Chinese will take jobs that American not willing to do in a heartbeat
Not the same. After few years working in here, I realized its not all about unemployment but rather a lot of americans are too lazy to work. Some would even prefer to take a parttime job than full time to qualify for subsidy. Worst are those people capable to work but applies for disability saying "i cant work coz my arm is fractured" or whatever is hurting then goes weight lifting or partying. 🙄
@@mariefranco1553 you are generalizing an entire population based on your own limited experience. Of course, people living in a society with better social services may have less incentive to work hard. The people you encountered do exist, but most Americans are really hard working, except for the younger generations. Then younger generations across the globe have a different set of working ethics.
Oh Pooh, is this what you promised the Chinese people? They will show their anger I'm sure.
Pooh did break his promise the Chinese people.
no. the people will suffer and die, new people will take their place. this was the big secret: population grows so fast, revolution has become impossible.
corporations like the ccp will gain power as we go into the future, since consolodated economics can be used to easily control entire populations.
Don't you know that their supreme leaders and a group of lieutenant bandits call these ethnic minorities barbarians?
No they won't! Hahahahaha! They will show NO anger. Hahahaha! Wait and see.
Guangzhou is a tier 1 city. If they are having this issue, how those tier 2, 3 and so on cities?
More like 6 million unemployed in Guangzhou City alone, Guangdong Province's capital city.
That seems a bit of a stretch. Population is 18.5M at the 2020 census. Maybe 2/3 of that population is working age. Probably slightly less people wanting to work since some people are stay at home moms.
That would be a 50% unemployment rate.
@@HKim0072lol you think you can trust population data...
@@wrongfootmcgee A lower population would push the unemployment rate even higher as it's the denominator.
@@HKim0072stop gaslighting, they can't get job cuz many businesses are closing
Didn't this very channel keep telling you that China was.., is.., will be going..to collapse.?
🤣🤣🤣
👇👇👇
China has been on the brink of imminent collapse in every Tuesday for these 5 decades., right?
🤣🤣🤣
And here... again..
China is on the brink of another one collapse.!!
🤣🤣🤣
What a magic country China is.!
“Cull ALL the Birds!”-Mao Zedong
“Egg Fried Rice anyone?-Mao Anying
“Me like left nostril most!”-Mao Xinyu
“I’LL plan the economy!”-Mao Jinpork
“Corruption is rampant in China!”-Victor Gao
Corruption is rampant in Sina ! That is the truth, the stronger Winnie the Pooh counters the tiger and beats the files, the more rampant corruption appears to be😂😂. Absolute power correlates with absolute corruption
Heartbreaking 💔
Who cares their Chinese 🇨🇳
funny 😂
It's too bad the ccp killed the Golden Goose, Hong Kong. There would have been some chance of work there or abroad through the companies in Hong Kong. As it is now, despite the promise by the ccp to leave Hong Kong as it was, Hong Kong was forced to become part of communist China. Those who are willing to learn English on there own (3 to 4 months of intensive learning) can find jobs outside the China. Anything is possible. My acquaintance swam from mainland China to Hong Kong, when it was still British, received asylum, went to the US, got into college, and became a physician.
I see a lot of "Aunties Squatting" coming soon.
Is this happening right now across China? Inconceivable!
Chives are on continous sale which is better deal for the CCP to harvest
It's not easy to live in China.
That’s 0 unemployment, the CCP doesn’t count the poor
Lots of employment in the rice fields 🇨🇳
Nookdashiddole
Yes. Just be a Chinese farmer and earn 50 US-$ per month.
Seeing what happened in the past, sooner or later they'll be forced to
No there isn't either. Hahahaha!
@@NazarethBerlanga There is enough work for farmners, but you cannot pay off your debts with it.
0:00 whoa😮
0:10 yikes for her🙁
1:07 poor guy, & 1:15 so they say🤔...
2:09 says their report🤔🤯..
2:32 oh😮, 3:27 you guys can make up your own thoughts on this one🤔
⭐3:58 yikes😬😬😬🤯
4:17 what a bummer & is this also because their economy is not fully developed🤔?
5:47 that's disgusting to treat those employees only for the bosses to save their butts. But the bigger question I have is, where's the CCP or Xi to come in & save the situation? Or am I just being too narrow minded & naive to understand that my opinion is already worthless & it's a Chinese issue only🥸?
6:44 what the🤯..!
7:18 so that explains the houseless issue in China😧☹. 7:28 that's if they still have a home to go to & if they're allowed to farm anything at all w/o Gov interference & rural police & their head leaders, too☹
7:37 ouch☹ & 8:38 whoa☹
10:35 where did they spend their money on?
13:10 ☹
Great news. Let's all further help the Chinese out by reducing any Made-in-China purchases whenever humanly possible.
It had to be done
In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities
By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities
That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers.
Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate.
Even then, It took them almost 14 years to get their overheated real estate under control
Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018
Why is their Central Government doing this?
Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen.
Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need
In China
Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married
Thus the common prosperity push and the crackdown on the overt displays of wealth in China
Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
This was a totally forseeable situation. Its not accidental. Dude crushed capitalism. Okay fair enough if you maybe replaced ot with communism like the early soviet stuff that at least had everyone employed at a skill they exceeded at.
As a communism expert, I think China follows a cultural barbarism
It had to be done
In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities
By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities
That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers.
Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate.
Even then, It took them almost 14 years to get their overheated real estate under control
Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018
Why is their Central Government doing this?
Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen.
Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need
In China
Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married
Thus the common prosperity push and the crackdown on the overt displays of wealth in China
Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
By next year, the figures most likely will rise.
If in doubt ask your grandparents of how nice communism was at their time
They will never learn or rise up!
Song in the beginning is Good Gig in the Clouds by Joel Cummins.
Flee Guangdong, where do you want to go. Everywhere is the same.
Sad.
Guangdong; Guangzhou 😭😭😭I wonder how bad is New Town is doing near Canton Tower? 💔💔💔 I used to travel to Guangzhou during my Summer vacations.
ZJNT and Liede are doing fine. There's still plenty of money in the city center.
And yet many more people will lose their jobs due to Ai and automation.
6 square meters and only $200? Sold! Where do I sign up?
go to china bro, 200$ for rent while you are only making 400$ a month, sound like a good deal yeah?
Tis is the result of a nation listening blindly to a lying leader. Serves them right for being greedy & dun think long term.
Before I proceed with the ensuing remarks, I wish to first express my utmost respect for the Chinese government. It is not my intention to incite discord or foment any manner of rebellion, at least for the moment. What I am positing, however, is that they ought to metaphorically "catch a wake-up," and I say this with all due reverence, even though I am fully cognizant that such phrasing may not resonate as particularly respectful. Alas, the limitations of this communicative medium do not afford sufficient space to elucidate that nuance in full.
I also wish to clarify that I do not regard this platform as a purveyor of propaganda, for it entertains perspectives from other ideological disseminators who cast China's economic trajectory in starkly contrasting hues. Nonetheless, the crux of my observation is rooted in a broader sociopolitical reality: there exists a swathe of the populace that discerns the intricate machinations of their government, a government which already operates as a hegemonic force. It strives to maintain control over China’s internal and external affairs, while those who might otherwise dissent are understandably apprehensive of provoking conflict and thus resort to damage control, safeguarding the image and reputation of the Chinese government.
In truth, I do not assign blame solely to the Chinese government for the prevailing circumstances. They, too, are ensnared within a framework of thought perpetuated by an indoctrinated ideology-an ethos that became entrenched long before the current leadership's inception. Thus, for many within the governmental apparatus, thinking beyond the rigid parameters of their inherited ideological prism is a rare occurrence. They are, in effect, constrained to perceive reality through the narrowly prescribed lenses bequeathed unto them by history and circumstance. The insidious machinations of contemporary socio-economic structures have meticulously engineered a paradigm wherein the populace, stricken by despair, readily acquiesces to menial tasks in a desperate bid for survival, as exemplified by the despondent proclamation, “I’ll even clean your toilet.” This contrivance thrives on the pernicious myth of a constrained monetary supply, a fallacy propagated with meticulous intent to engender an atmosphere of scarcity and desperation. Governments, complicit in this orchestrated suffering, wield this illusion as a tool of control, veiling their true intentions behind vacuous rhetoric designed to pacify the masses.
In essence, modern administrations are but marionettes of a broader, more insidious indoctrination-an ideology rooted in Western economic hegemony that has been grafted onto societies worldwide. This imposition is not merely circumstantial; it is systemic, proliferating across nations like a contagion of cognitive bondage. The masses, conditioned by this false consciousness, have adopted a worldview in which economic subjugation is perceived as an immutable reality. Yet, the astute observer questions the legitimacy of this state of affairs. Is it justifiable that a small cadre of elites, controlling both the mechanisms of currency creation and the corresponding ideological apparatus, perpetuates a myth of scarcity to subdue the masses?
This ideology, deeply entrenched, must be dismantled if the people are to emancipate themselves from the yoke of central control, particularly the omnipotence of central banks, which, through their monopolistic stranglehold on the money supply, have effectively usurped the populace’s access to capital. The masses do not require the contrived mechanisms of monetary manipulation; rather, they need unfettered access to the very resources that would allow them to thrive. I possess a business model-sustainable, immediate in its benefits, and capable of providing financial opportunities for even the most destitute. Yet, such innovations will invariably be dismissed by the powers that be, for their paramount concern is not the welfare of the people, but the preservation of their dominion over the economic apparatus.
These oligarchs, ensconced in luxury, stand idly by as citizens languish in poverty, tethered to a system of debt enslavement wherein entire nations are subsumed under the weight of borrowed capital. Meanwhile, figures such as Donald Trump, with their absurd postulations, expect the world to submit to their whims, further exacerbating the suffering of the global populace. The absurdity of this situation is self-evident, and yet, the masses continue to labor under the delusion that this system is inevitable. This is not merely a crisis of economics, but of consciousness.
Consider the woman who resigned herself to a life of servitude, contemplating a return to the rural village from whence she came. This narrative is not unique-it is emblematic of a broader disenchantment, as individuals, lured by the illusory promise of urban prosperity, find themselves trapped in a market bereft of purchasing power, a market teetering on the precipice of collapse. Businesses falter, prices soar, and the entire edifice of the economy crumbles, yet the elites cling to their antiquated beliefs, refusing to relinquish their nostalgic illusions of control.
It is profoundly exasperating that, in this day and age, one must petition the oligarchs for permission to innovate, to create, as if they were serfs prostrating themselves before their feudal lords. This system, rapidly devolving into a grotesque parody of itself, must be overthrown. The old guard, steeped in the delusions of their bygone era, must be displaced by a new order. Yet, these individuals are loath to release their grip on power, clinging to their illusions with a tenacity that defies reason.
Worse still, they have shrouded themselves in a veneer of governmental legitimacy, deploying violent enforcers to quell dissent under the guise of maintaining order. Peaceful protesters, demanding justice, are met with brutality, and yet the state contorts reality to cast these citizens as the aggressors, while it is the authorities who perpetrate violence. This Orwellian inversion of truth is but one facet of the broader conspiracy to maintain the status quo.
Critics of the so-called "New World Order" decry its advent, fearing a dystopian future in which one "owns nothing and is happy." But these detractors fail to recognize that we are already ensnared in such a reality. The banks, the government-they own everything. You buy a house, and it is the bank’s money you borrow; you pay them back with interest, and if you die without heirs, the property reverts to the bank, free of charge, only to be resold in an endless cycle of exploitation.
Thus, the ruling class, entrenched in their positions of power, should vacate this planet before the masses awaken to the truth of their subjugation. For when that awakening comes, the edifice of control they have constructed will crumble, and they will be held accountable for the suffering they have inflicted. As a brief aside, it's imperative to acknowledge that my proposed business model does not solely serve my personal interests. Rather, it is a multifaceted, inclusive platform designed to empower anyone willing to participate, offering opportunities across multiple tiers of engagement. The current financial orthodoxy, however, entrenched as it is in its dogmatic allegiance to archaic concepts like supply and demand, is incapable of comprehending such a model. The government, along with its institutional machinery, will inevitably attempt to dismiss my proposition by regurgitating this indoctrinated dogma, confident in their ability to pacify dissent with platitudes. But I am not like the others who passively accept this shallow narrative-this artificially constructed bubble of economic thought.
I see beyond their limited scope, and I refuse to acquiesce to their attempts to stifle innovation with antiquated paradigms.
Really Dude?
@@skreebduchank1501 I know the truth is uncomfortable uncomfortable because those who you want to dictate to those who must be uncomfortable to be uncomfortable have had enough and will not back down and Indeed, I would venture so far as to assert that this is symptomatic of those thoroughly indoctrinated individuals who, ad nauseam, reiterate the same recycled notions with those whose responses are already preordained within the narrow confines of predictability. I, however, am not one to acquiesce to such pedestrian expectations. The fact that you may find contentment or success within the narrow bounds of your own existence does not, in any manner, dictate a universal paradigm to which others must conform. Happiness, fulfillment, and success are, by their very nature, subjective experiences, and cannot be homogenized under the aegis of your limited framework. Such regurgitated platitudes are, frankly, anathema to my sensibilities, and my reflexive response is one of sharp retort, for individuals of your ilk, entrenched in maintaining the status quo, are often oblivious to the profound ramifications of their rigid adherence to a stagnant orthodoxy. Can you fathom the magnitude of your own blind complicity in perpetuating mediocrity?
Not them
Blue pajamas at 3:18
it will get worse and stay like that for a long time.
Good!
XI says we must shared weal and woe. Thick and thin. Jack Ma worked so hard and give China all of his wealth?
Jack Ma is a white glove for the CCP ruling class. His wealth was all provided by the CCP so he was only returning it to his masters.
Bos making money do not want to go bankrupt but if the government do not creat an condusive enviroment for business.
😂 better go to Vietnam and apply for Vietnam citizenship 😂
Can you please turn down the narration when Chinese people are speaking? The subtitles are enough, but if you have to have narration while they're speaking please turn down the narration volume
Stupid news , come for 2 days consider unemployed.
CHYNA NUMBAH WAN!!!
China sticking one child policy. Chin't can't print too much money.
Chinese people can have three children now, but don't want to.
Eh? To be fair, one child policy was dropped in 2015. Now the CCP gives incentives to those who have multiple children.
Economic woes in China are due to Xi Jinping’s hostile policies against foreign companies. Foreign investment has nose dove, which resulted in a massive departure of jobs.
🤣🤣🤣
I'm guessing the party cadres are not among them.
Move to fish at ocean
Biden economics
They need to try work from home jobs that hire worldwide
The Chinese people need to read Walden's Pond.
Propaganda 24/7
Yet, you keep coming back. LOL!
They are still better off than Canadians.
I doubt that
lol, a country with a massive social safety net. Obviously, people like you have never traveled outside into different parts of the world.
I remember the first time I went overseas and was like, "wait, I can't drink tap water?".
@@Wongseifu548
I was in Las Vegas last month, outside my AirBnB there was often several people smoking drugs. One came to the door at 5AM asking for Narcan. Homeless camps all around me. The streets are as dirty and black as they are in Bangkok.
Compare the count of CN immigrating to Canada with count of Canadians immigrating to CN. There's no contest. Go immigrate if you actually believe that nonsense 😆
@@Wongseifu548 canada usa china all these countries malicious support terrorism against india that makes them similar
I can only pray they come here to Florida. We need smart, educated, and hard working people who love their children and are NOT generational, welfare parasites. I cannot wait. If any Chinese read this come soon. God with you. ☦️
Help and educate the homeless, charity begins at HOME 🇺🇸
Never accept migrants from a country that practices, hostage diplomacy. Such nations force their oversea expats, to do their bidding, by persecuting their relatives, back home. It does not matter how well intentioned such newcomers may be. They constitute a security risk.
@@lance8080 I do give money to our homeless. Alcohol and drugs are tough problems when they keep leaving their shelters to get them. Thanks for the advice anyway.
Amen to that. Now a days when a cop pulls someone over, the person lists off all the disabilities they have. I once heard a lady list PTSD because her ancestors were treated badly back in the 1800s. Weak, a waste and addicted to selfies…..
If you’re racist and have no soul just say so. Zero empathy waste of breathe yet you are here on a video of minorities.
> "Young people are fleeing Guangdong" < Yea, they're coming to Tennesse and Florida. Welcome!
I can only pray they come here to Florida. We need smart, educated, and hard working people who love their children and are NOT generational, welfare parasites. I cannot wait. If any Chinese read this come soon.
you think they came to become Americans?
every dollar they have will go back to China.
edit: not that the dollar will be worth much for long
the plug was pulled and the pool is draining
chances are good the Chinese are only here for demoralization and to move along the coming depression
Charity begins at home helping your fellow Americans that need help 🇺🇸
@@generalnguyenngocloan1700 CCP bot 🇨🇳
@@generalnguyenngocloan1700Lol, and then you will have staggering unemployment counts with like 2000 people applying for a job at McDonalds.
All fake when people were just shopping and walking
There are too many of you in one city get a clue
Aw, boo hoo. Let me play a sad song for you on the world’s smallest violin.
🇺🇸
It had to be done
In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities
By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities
That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers.
Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate.
Even then, It took them almost 14 years to get their overheated real estate under control
Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018
Why is their Central Government doing this?
Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen.
Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need
In China
Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married
Thus the common prosperity push and the crackdown on the overt displays of wealth in China
Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest