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Put those abandoned buildings to good use finally. I wonder why people are not allowed to live in those ghost cities, surely it must be better than sleeping on the streets.
@spellerlittlewing NYC chased out many skilled working class on verge of retirement and business men due to crime, open border migrants receiving free hotel rooms while no law enforcement for theives if theft is under $1000 if the cops actually show up to arrest so anyone that can escape will yet China doesn't have a invasion from foreigners or lack of law
Patriotism of Xinnie PorkPooh #slopagandpa - 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 -Tofu Exports and Western 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 with less than 200 americans left. -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. - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE. -- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off. How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars. Mengze harvard 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 Arctic Catfish Shenzhen: laughs at how Leeks feed her WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@@sleepinglaffey3886 it is not real: "During 1990-2021, the US printed 6.5 times more money while China printed 147 times." because : "Printing" money by increasing the money supply causes inflationary pressure. In 2023, the average annual inflation rate in China ranged at around 0.2 percent compared to the previous year. Projections by the IMF expect the inflation rate to reach around one percent in 2024. 22 May 2024
@@smalfishfungNo one cares about the numbers coming from China...they are fake anyway...you do not even have clean and drinkable tap water for every citizen...or health care for everyone...in developed Western countries, the average worker earns 5 times more money than your average workers...by working only 8-10 hours instead of 15 (or more), like they do in your country...in international trade your RMB is practically worthless...you are not impressing anyone, my dear wumao
@@smalfishfung. If your China is so good, Why did you escaped from China?. If you are in China, you cannot access Internet, you cannot comment on UA-cam , because China has no Internet. China has intranet. Did you eat gutter oil, Human Flesh Capsules, Uyghur Halal Organs, Bleached vegetables, fake meats, and unthinkable bloody things?... What do you expect from uncivilized China?.... In China, Chinese treating own Chinese with gutter oil, Human Flesh Capsules, Bleached vegetables, fake foods, toxic foods, and unthinkable bloody things. What Chinese illegal invaders have been doing to Uyghurs in Eastern Turkestan of Uyghur Nation in Central Asia?... What Chinese illegal invaders have been doing to Tibetans in Tibet on the roof of the world? ...China's Uyghur Genocide in East Turkestan of Uyghur Nation in Asia, Tibetan Genocide, Manchurian Genocide.... What do you expect from Chinese?... How is China's Uyghur Halal Organs "Made in China"?.. How is China's Human Flesh Capsules "Made in China"? ....
It is in most countries. Only a few european countries have retirement and elderly care. USA, australia, uk and other "develloped" countries have the same issue as China.
@@Dr.Beetlejuice110 hey the "good" news is life expectancy is down in the USA. Probably gonna drop a lot more so no worries about that whole retirement thing.
@@Dr.Beetlejuice110their the problem? When Biden and Harris started domestic and international wars but people working a few years more is the problem?? You are evil!!!
@@myrnareid-bicknell3505 I bet the children can fit down the pipe much easier great idea! The idea of going into a pipe like that icks me out sooo bad all jokes aside. If they were close location wise I would consider opening a food/sleep shelter or something. I have been homeless before. Having a safe place to sleep at night is right next to food in importance.
Patriotism of Xinnie PorkPooh #slopagandpa - 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 -Tofu Exports and Western 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 with less than 200 americans left. -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. - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE. -- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off. How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars. Mengze harvard 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 Arctic Catfish Shenzhen: laughs at how Leeks feed her WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@@sleepinglaffey3886 don’t forget that the GDP number in the denominator of your debt/GDP ratios are a big fat whopping lie. Which means that the %ages are actually far, far worse.
@@ChakraVart1. How many million WUMAO on the comment sections of UA-cam right now?.. What is China's Uyghur Halal Organs?... What is China's Human Flesh Capsules?.. What is Gutter oil?.. . What is Tofu Dreg Civilization?... what is Tofu Dreg society?... what is Tofu Dreg infrastructures?... Why do Chinese worship money?.. what Chinese illegal invaders have been doing to Uyghurs in Eastern Turkestan of Uyghur Nation in Central Asia?.. what Chinese illegal invaders have been doing to Tibetans in Tibet on the roof of the world?.. How is China's Uyghur Halal Organs "Made in China "?... How many million young Uyghur children have become China's Human Flesh Capsules for over 1.45 billion Chinese?.. What do you expect from HUMAN FLESH CAPSULE EATERS?... what do you expect from Gutter Oil eaters?...
50% youth unemployment seems like something the government has done on purpose, probably so they have a desperate homeless class of soldiers they can draft when the time comes.
It’s not just China, I was in Osaka last year. And the taxi driver took me to my hotel was in his 70s, can’t even read what’s on the navigation. I’m just glad he can still read the road signs…
@@jase298hkhk. Do not compare Japan with China. Have you eaten your gutter oil, Human Flesh Capsules, Bleached vegetables, fake Tofu, and unthinkable bloody things?... How many million WUMAO on the comment sections of UA-cam right now?... How is China's Uyghur Genocide going on in East Turkestan of Uyghur Nation in Central Asia?.. what is UYGHUR HALAL ORGANS?... what is HUMAN FLESH CAPSULES?... how is China's Uyghur Halal Organ Harvesting industry?.. how is China's Uyghur Halal Organ Trading industry?.. how is China's Tibetan Genocide in Tibet on the roof of the world?... how is China's Manchurian Genocide in Manchuria on North East Asia?.. .. how many million Chinese soldiers have unlawfully transferred from China to the US by Chinese state and Chinese-Americans ?... when the US have final solution for Chinese in the US?.. ..
China's situation would be so much better if manufacturers were encouraged, (indeed,would be prosecuted severely for doing so,) not to cut corners by using cheap but lethal materials.Seriously, what did they think would happen other than for customers to boycott once word got out? This is particularly distressing watching very elderly people struggle so. Shameful.
Chinese state own manufactures and Chinese private companies are no longer producing cheap and low end products because it is an absolute law in China's industrial sectors, if there are companies producing cheap and low end products it is the foreign manufacturers, it's up to them because they are exempted of the Chinese law not to produce cheap and low end products
@@totzinfo another blind ccp chill. China is internationaly known for never delivering products at their agreed quality. And instead using crap quality to toxic material, rather than the speccs agreed in a contract. The only reason no one has been able to do much about it, is due to china ignoring any company that is from outside china, and some times inside as well. This has been going on for more than a generation, it's a miracle that more people have not completely given up on doing any business with any company from china. But in recent years, even the most harsh cost cutting short-cuting western company deals at massive loss when making contracts with a chinese company, merely due to how much material/product, that they have to just completely scrap, due to how poor the quality is. Then you also have the constant lies and trash experience of even doing any business with chinese merchants and foremen in industry, being a complete wackamole gatcha nightmare of how much crap and lies they spew while trying to scam foreign companies they are dealing with
Its so hard to want to work but can't find a job or to have worked all of your life and now you're old and can't afford to retire. The middle class is now collapsing in almost every country and is taxed to the point of barely being able to live.
@@HolographicThoughts you dont want to know how bad corruption is in my country then its not major country yet but man it probably worse than china's
@@robertgrey6101.. Gutter Oil eaters cannot invent. What is China's Gutter Oil?.. What is China's UYGHUR HALAL ORGANS?.. What is China's Human Flesh Capsules?... How many million young Uyghur children have become China's Human Flesh Capsules?.. what Chinese illegal invaders have been doing to Uyghurs in Eastern Turkestan of Uyghur Nation in Central Asia? .. what Chinese illegal invaders have been doing to Tibetans in Tibet?... china's Uyghur Concentration mass murder camps have produced HUMAN FLESH CAPSULES. China's Uyghur Halal Organs are Traded in All Muslim Countries including "Palestinian state ". What is China's UYGHUR HALAL ORGAN TRADING INDUSTRY?.. what is China-Arab Axis?.. How many million Uyghur Halal Organs have traded by Chinese-Arab Axis?..
WOW - speechless! If Hell did not exist (it does!!), it would have to be created for the monsters that cause this horrific life for countless millions of victims.
@@chrishayes5755: Maybe you haven’t noticed that China has been trying to undermine and destroy the economies, cultures and values of the world. They have been at an undeclared war with us, stealing our technologies, smuggling dangerous drugs such as fentanyl, and infiltrating our institutions, governments and schools! If the CCP doesn’t collapse like the Soviet Union, they will certainly invade Taiwan and create a very disastrous world war. Any other questions?
in China there were more than 20 million homes still vacant reserve for the elderly's and indebts provided by government social welfare and giving them living allowances, homeless youths are non existing, in Chinese tradition if don't want to live in rehab centers, too many families ready to adopt as Chinese tradition
@@michaelellringer5600.. china's Uyghur Genocide in East Turkestan of Uyghur Nation in Central Asia have produced UYGHUR HALAL ORGANS, HUMAN FLESH CAPSULES, Uyghur Halal Organ Trading industry, Human Flesh Capsule TRADING INDUSTRY... what do you expect from HUMAN FLESH CAPSULE EATERS?...
As someone who is a Filipino, I feel heart broken for the Chinese people. Growing up, my awareness of Chinese are people with rich culture, thanks to movies like Once Upon a Time in China, and Jackie Chan's movies. But in recent years, I've learned about their misery since 1949 under Mao and I started to understood Tianamen Square contextually. May God help the Chinese. May God replace their government and ideology to a free and democratic state.
Its not like changing goverment system to democratic is any better. Either authoritarian or democratic, both are same and both also bad goverment system if the people in power also corrupted no matter how countermeasure against corruption
My heart ❤ goes out to the workers, or in many cases the unemployed of China. Every country suffers episodes of an economic downturn, but economic depression is hard and deep. The authorities must come up with a way out of this present ongoing tragedy.
Xi needs to go to a mental hospital if that’s his definition of “poverty.” I have been diagnosed with some 8 psychological conditions and I feel more sane than him.
how liar this trolls there are none existing about homeless youths, indebted adults, and abandoned elders in mainland China except in Hong Kong, Hong Kong people just like in U.S. living in worst conditions, in mainland China all cities, provinces, municipalities and communities has special home for elderly's, indebts adults with no jobs has social pensions and living in a place similar to elderly's, homeless youths are non existing, if there was they have special place to live funded by government and given them living allowance
in China all farmers in rural and mountainous areas has internet coverage except in deserted region with no population, farmers are all members of automated card for selling and buying products, if you are a tourist you don't need to carry much money because Chinese rural population are capable to accept payments from a QR code cards provided by the government, if you want to buy anything just scan their QR codes and you've done paying your bought items, and the seller can withdraw later their sales from a community cooperative or banks
@@totzinfoI'm just back from another 4 weeks business trip from eastern China. Either you are a payd troll or a liar. The people living on the streets in Northern districts of Guangzhou alone have almost tripled in the last 12 months. In June they tried to scare them away from the industrial zone by shutting down cellular services - and thereby accidentally disabling the telematics system of the local refinery.
this video is made very well and informative..the pictures shown are shown for the first time...I don´t like news-videos with twice shown images. as I said this video asks the right questions and gives informative answers. ...I like watching your videos and without have been in China they seem very credible to me.
3rd world countries at least have clean natural enviroment and freedom as there isn't much government tech oversight or guns to deal with if you wanna fight back. This is literally a 4th world country, the worst of all worlds.
USA has homelessness,China has homelessness, Australia has homelessness every country has homelessness it's just the bad countries tend to deny they have homeless that are worse off... denying that you have an issue when it clearly is shown is not going to make the problem go away, accepting the issue is good but doing something about it is better.
It's not so much of warfare that has kept us down, as it is for a small class of people who hate the rest of the planet and do whatever they can to control and enslave.
"Rural residents earning 80% more than their rural counterparts".. Ehh? I think you meant "Urban" in that first part. I hate when I do stuff like that too.
It's a pity so many Chinese don't how principal and interest payments work. Even simple financial calculators will show that early years of mortgage payments are nearly all interest. It should NOT be a surprise. And these Chinese are surprised. Wake up! In the West, the way to get ahead of this game is to pay more than the required monthly payment with the extra going to principal reduction. Another technique is to pay bi-weekly instead of monthly.
Yeah I lost interest in this video in the second half when they started talking about finance. It's all just bullshit anti-China propaganda at that point, with zero basis in reality. The narrator tries to paint the Chinese government as plundering the stock market... Seriously? A government can't tax levy taxes on stocks? Really? Give me a break! The biggest problem with the financial and real estate markets in China is the extreme greed (insane speculation) and complete lack of a financial education among the populace. Of course these people are losing money when they gamble all their money only on alcoholic beverage companies with sky-high valuations.
From my perspective, governing the financial markets in China is an extremely difficult task because the average "investor" in China is a degenerate gambler. Whenever they start to reform the market a little bit, the people go into an insane feeding frenzy and push the market into a bubble. Gambling is a very serious problem in their culture with roots that go back generations. There's no easy fix.
Everyone I've seen on this channel show financial competence. You should pay attention to -when- they took out their mortgages and loans. They're all saying 2019. The Chinese economy was stable and growing in 2019. The CCP destroyed their own manufacturing industry with brutal lockdowns that lasted for years, and they scared off huge foreign investment with more recently passed anti-espionage legislation. Big corps like Tesla, Apple, Samsung, Nike, and Blackrock all got the hell out of there, moving their production to elsewhere in Asia. Plus, the housing market collapsed because it revolved around selling incomplete housing in large construction projects and reinvesting the capital into new projects which never get completed. This too has tanked the Chinese economy. Long story short - if you'd been listening to the situation - these people had faith in a (previously) stable economy but are now utterly screwed because everyone's income is well below what it was when jobs were available. To reach your level of financial competency, they'd also have to predict the impact of a global pandemic and the subsequent impacts on Chinese society.
Let's see around us with open eyes, poverty is every where, look at California, Florida, London or Toronto. What makes the differences between them is how the local and central government to handle the problems and implementing the so called solutions by the so called experts in economic and any other fields related to the implementation program. Remember many called themselves as "the expert" for fame and money, but so few are truly experts in their respected fields.
China is dying and until tens of millions standup and fight oppression and communist rule, Chinese citizens will continue to suffer and only get worse. The question will remain for how long?
@@michaelellringer5600 You may want to study a bit more about China's economic and financial woes before you compare apples and oranges such as the U.S. Having said this, yes, the U.S. does have a poverty issue on their hands. We can argue the 4 years under Biden and big government spending increased inflation directly to increase poverty levels and weaking of the usd as well. However, unlike China, America's economic woes can be rectified. China's future looks bleak at best.
@@michaelellringer5600 there is at least help for the homeless, Americans are very generous and give up their time to help the homeless as well.... That would never happen in China, there is a massive difference.... You don't get 80 and 90 year olds working hard labour jobs in the US ever..!!
Chinese state own manufactures and Chinese private companies are no longer producing cheap and low end products because it is an absolute law in China's industrial sectors, if there are companies producing cheap and low end products it is the foreign manufacturers, it's up to them because they are exempted of the Chinese law not to produce cheap and low end products
Yes what Chinese and cccp said China is better, best country and so Rich compared to other country in the world! This what we see the more Rich county in the world ! Haha
China has a brand new high rise vacant condominiums waiting for the homeless that could accommodate 20 Million families and adding more 20 Million for 2025, China are building high rise condominiums for 20 Million families every year until 2036, Chinese national budgets has an abundant money to build free homes until 2036
this catastrophic thing has yet to maximimum...wait till the land will dry up n less foods for humans....this happening all over the world..all are focusing on human suffering..not the agriculture...
You know, the total returns of Chia's largest stock exchange, the SSE, (since 06/1998 roughly when it opened), have been about the same as America's largest over the same period, (a little less than 3x).
binaliktad mo pa, kaya nga nag exit yung mga foreign manufacturing companies dahil may mga kaso sila sa Chinese government for not paying the rightful tax at workers rights violations na hindi mababayaran ng pera, lahat ng naging jobless na galing sa foreign manufacturing company ay ini-adapt ng Chinese government at binigyan ng living allowances at bahay until they get jobs again, but all jobless Chinese are not a problem of government because China still needs 100 million skilled worker for their brand new, futuristic and automated factories now almost finish building in Chinese provinces especially now that South Korea are ordering 10 giant car carriers, 8 oil tankers, 6 LPG carriers\ tankers and 8 ocean luxury cruisers from China, also their new aircraft factories from COMAC building more and more COMAC 919 jumbo passenger jets, because 10 countries globally ordering COMAC 919 jumbo jets and the next generation COMAC 929 jumbo jets in 2025
@@totzinfo. Wumao , gutter oil eaters, bleached vegetables, Human Flesh Capsules, Uyghur Halal Organs, Uyghur genocide, Tibetan Genocide, Manchurian Genocide... what do you expect from Chinese?.. what do you expect from HUMAN FLESH CAPSULE EATERS?.. what do you expect from Gutter Oil eaters?..
Phones are cheap if you forget Samsung and Apple exist for a moment. And since drugs are pretty hard to come by, and alcoholism isn't really a thing either, their costs come down to cheap meals, clothing, and a phone plan. It's definitely sustainable.
Phones are probably more essential in China than other places. Money is exchanged through phone apps. I heard many places don’t accept physical cash or card anymore in China
They were using the international standards. The US has a high cost of living compared to most countries. 1k a month in much of the world would be considered a good salary
Instead of building empty concrete cities, they could of built small affordable housing for the poorer people in China and given them enough land to feed themselves.....
are you sure?, China has a brand new high rise vacant condominiums waiting for the homeless that could accommodate 20 Million families and adding more 20 Million for 2025, China are building high rise condominiums for 20 Million families every year until 2036
apartments are not places to live in, they are only used for asset retention. hence why they can be built like crap. but people thinks it's still worth money. there's really nothing that can be invested in china when the government controls and manipulates everything.
I would wish this would make the military drop funding to help people, both young and the elderly. However, this is China: the elderly may be marched into the cold or allowed to die. The young? Let them starve. Eventually my guess is that they will be drafted. Those who refuse? Prison, work camp, deportation, maybe sending them to North Korea, or maybe send them to live with the Uyghurs. Maybe reeducation.
When someone cries about having to choose the lowest prices for take out food... I have zero sympathy for them. Seriously, it's prob 66% cheaper if you just make it yourself.
@@kojinmaster She's still old, broke, and crying. If someone is broke, they make your own food to save money... or if they have to, they can go to the store and buy cooked food, vs having it delivered (which costs more/waste of money).
@@fialee8 you must be from a rich country. You’d be surprised at how cheap restaurant food can be in poor countries - barely more than cooking at home. Home delivery is also dirt cheap as there is no labour laws for the delivery riders. Factor in lost time for cooking and cleaning, for many people takeout every day is a surprisingly solid life choice. Screws your health though.
@@ChakraVart1Exactly, they might not even have the time to cook or learn it themselves, I even seen on this same news that instant noodles is still incredibly expensive. It's the circumstances that made them choose this route, not because they are lazy that they don't want to put in effort to cook.
Takeout food in Australia is very expensive and we almost always cook at home when living in Melbourne, but sometimes eat at a restaurant with friends. However, while we are living in Bangkok we always order food deliveries from local restaurants because it is cheaper and much easier than cooking at home. Sometimes we cook at home for a change but that is only a few times a month. I think you should have a lot of sympathy for the people robbed of their livelihood by a corrupt regime.
@@sbalogh53 You can give her double sympathy, so I don't have to give mine. Crying about spilled milk isn't going to fix the future... and complaining about ordering delivery (not even take out/take away... where you can save on the delivery fee), and then complaining about having to order the cheaper items on the menu is beyond out of touch with reality. There are literally tens of thousands of homeless and elderly laborers who don't complain... who are barely surviving, and she complains about the high cost of having food delivered to her home.
Chinese situation might be better if they dint clash with Indian soldiers at Galwan valley. Because of it Chinese goods and brand were shut off from Indian market which cost a huge job opportunities for Chinese companies.
I think homeless people should get together and buy a piece of land where they all live there as a community of people living in the same place and helping each other out, grow vegetables for survival. I'm thinking that's the best way to go if you are homeless and having hard times.😢
in China all farmers in rural and mountainous areas has internet coverage except in deserted region with no population, farmers are all members of automated card for selling and buying products, if you are a tourist you don't need to carry much money because Chinese rural population are capable to accept payments from a QR codes cards provided by the government, if you want to buy anything just scan their QR codes and you've done paying your bought items
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There poor but happy god bless my Chinese people
@@fernandocadena2625 I wouldn't say they're happy... 😑
Please ask black rock😂😂😂😂😂
Why would I donate to fake news?
The clip at 0:28 shows a white guy, and the graffiti on the tree is in English, nice try
think about the irony, having homeless people while also having ghost cities at the same time
That's the same here in NYC millions dollar apartments with no one in them
Put those abandoned buildings to good use finally. I wonder why people are not allowed to live in those ghost cities, surely it must be better than sleeping on the streets.
@spellerlittlewing NYC chased out many skilled working class on verge of retirement and business men due to crime, open border migrants receiving free hotel rooms while no law enforcement for theives if theft is under $1000 if the cops actually show up to arrest so anyone that can escape will yet China doesn't have a invasion from foreigners or lack of law
@@bigbeardmma those cities have no jobs or infrastructure around them, and the buildings are constructed with very brittle material
@@billcosby2590 exactly
The fact that these young people aren't drunk or drug addicts, makes their situation even worse.
they can't even afford that.
At least our homeless can stay intoxicated their entire lives.
Nonsense!
@@JonasC22man your reply is the pinnacle of dark humour, if it was meant to be
Social benefits are too good in US.. So many can buy narcotic drugs
Lol no drugs just make everything worse
A long life can be a curse in China
Patriotism of Xinnie PorkPooh #slopagandpa
- 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
-Tofu Exports and Western 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 with less than 200 americans left.
-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.
- This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE.
-- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off.
How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars.
Mengze harvard 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
Arctic Catfish Shenzhen: laughs at how Leeks feed her
WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@@sleepinglaffey3886
it is not real: "During 1990-2021, the US printed 6.5 times more money while China printed 147 times."
because :
"Printing" money by increasing the money supply causes inflationary pressure.
In 2023, the average annual inflation rate in China ranged at around 0.2 percent compared to the previous year. Projections by the IMF expect the inflation rate to reach around one percent in 2024.
22 May 2024
@@smalfishfungNo one cares about the numbers coming from China...they are fake anyway...you do not even have clean and drinkable tap water for every citizen...or health care for everyone...in developed Western countries, the average worker earns 5 times more money than your average workers...by working only 8-10 hours instead of 15 (or more), like they do in your country...in international trade your RMB is practically worthless...you are not impressing anyone, my dear wumao
@@smalfishfung. If your China is so good, Why did you escaped from China?. If you are in China, you cannot access Internet, you cannot comment on UA-cam , because China has no Internet. China has intranet. Did you eat gutter oil, Human Flesh Capsules, Uyghur Halal Organs, Bleached vegetables, fake meats, and unthinkable bloody things?... What do you expect from uncivilized China?.... In China, Chinese treating own Chinese with gutter oil, Human Flesh Capsules, Bleached vegetables, fake foods, toxic foods, and unthinkable bloody things. What Chinese illegal invaders have been doing to Uyghurs in Eastern Turkestan of Uyghur Nation in Central Asia?... What Chinese illegal invaders have been doing to Tibetans in Tibet on the roof of the world? ...China's Uyghur Genocide in East Turkestan of Uyghur Nation in Asia, Tibetan Genocide, Manchurian Genocide.... What do you expect from Chinese?... How is China's Uyghur Halal Organs "Made in China"?.. How is China's Human Flesh Capsules "Made in China"? ....
It is in most countries.
Only a few european countries have retirement and elderly care.
USA, australia, uk and other "develloped" countries have the same issue as China.
It’s so painful to see elderly people struggle to work 😢
FACTS!!! Seeing this makes sure I never vote Republican ever. They wanted to increase retirement age. Lol
@@Dr.Beetlejuice110 hey the "good" news is life expectancy is down in the USA. Probably gonna drop a lot more so no worries about that whole retirement thing.
@@Dr.Beetlejuice110their the problem? When Biden and Harris started domestic and international wars but people working a few years more is the problem?? You are evil!!!
@@Dr.Beetlejuice110 You will be working until your last day of life. The current party is much much worst.
I had a panic attack watching that man disappear into that pipe
I didn't, but it does not look pleasant. Worse than being locked in a closet
It bothered me sooo much seeing that site. Where are his children. Can they not help this man. 😢😢😢
@@myrnareid-bicknell3505 I bet the children can fit down the pipe much easier great idea! The idea of going into a pipe like that icks me out sooo bad all jokes aside. If they were close location wise I would consider opening a food/sleep shelter or something. I have been homeless before. Having a safe place to sleep at night is right next to food in importance.
@@kryts27 I wonder what he was doing, like you can barely move in there? I don't get why a person had to actually go in there
China 🇨🇳 is the future, these r only few people, most people are doing good jobs & have a good life better than USA
Bless the hard working people in China and around the world. May their needs be met and their suffering heard.
That elderly gentleman at the end with no arms fending for himself broke my heart 😢😢😢😢💔💔💔💔💔
I feel horrible for all the people that have to live like this, worst part, my parents are denying the "western propaganda"
"up to 50% youth unemployment" woah.! that's disastrous. I can see massive unrest on the horizon. Scary times in China.
Patriotism of Xinnie PorkPooh #slopagandpa
- 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
-Tofu Exports and Western 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 with less than 200 americans left.
-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.
- This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE.
-- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off.
How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars.
Mengze harvard 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
Arctic Catfish Shenzhen: laughs at how Leeks feed her
WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@@sleepinglaffey3886 don’t forget that the GDP number in the denominator of your debt/GDP ratios are a big fat whopping lie. Which means that the %ages are actually far, far worse.
@@ChakraVart1 FATHER! FATHER! LI KEQIANG! WIKILEAKS...! #theskydontlie
@@ChakraVart1. How many million WUMAO on the comment sections of UA-cam right now?.. What is China's Uyghur Halal Organs?... What is China's Human Flesh Capsules?.. What is Gutter oil?.. . What is Tofu Dreg Civilization?... what is Tofu Dreg society?... what is Tofu Dreg infrastructures?... Why do Chinese worship money?.. what Chinese illegal invaders have been doing to Uyghurs in Eastern Turkestan of Uyghur Nation in Central Asia?.. what Chinese illegal invaders have been doing to Tibetans in Tibet on the roof of the world?.. How is China's Uyghur Halal Organs "Made in China "?... How many million young Uyghur children have become China's Human Flesh Capsules for over 1.45 billion Chinese?.. What do you expect from HUMAN FLESH CAPSULE EATERS?... what do you expect from Gutter Oil eaters?...
50% youth unemployment seems like something the government has done on purpose, probably so they have a desperate homeless class of soldiers they can draft when the time comes.
So sad seeing the situation of the Elderly . They still need to work hard for there everyday food . 😢
is it?
@@orkhepaj ya think?
The CCP is allowing the elderly to be abused by their glorious socialism.
It’s not just China, I was in Osaka last year. And the taxi driver took me to my hotel was in his 70s, can’t even read what’s on the navigation. I’m just glad he can still read the road signs…
@@jase298hkhk. Do not compare Japan with China. Have you eaten your gutter oil, Human Flesh Capsules, Bleached vegetables, fake Tofu, and unthinkable bloody things?... How many million WUMAO on the comment sections of UA-cam right now?... How is China's Uyghur Genocide going on in East Turkestan of Uyghur Nation in Central Asia?.. what is UYGHUR HALAL ORGANS?... what is HUMAN FLESH CAPSULES?... how is China's Uyghur Halal Organ Harvesting industry?.. how is China's Uyghur Halal Organ Trading industry?.. how is China's Tibetan Genocide in Tibet on the roof of the world?... how is China's Manchurian Genocide in Manchuria on North East Asia?.. .. how many million Chinese soldiers have unlawfully transferred from China to the US by Chinese state and Chinese-Americans ?... when the US have final solution for Chinese in the US?.. ..
Winnie-the-Pooh is doing an excellent job. Keep up the good work, Winnie.😂😂😂
He is following Mares Dung from history.
The one who took China into starvation with killing off sparrows.
But Biden is doing a way better job😂
I know right? He has managed to isolate china from the west, scare off foreign investors, crash the economy, and all within a decade. Go Xi go!
WELL DONE!~
I've heard of Chinese illegal immigrants to US. Where are the American immigrants to China? Where are any illegal immigrants to China?
China's situation would be so much better if manufacturers were encouraged, (indeed,would be prosecuted severely for doing so,) not to cut corners by using cheap but lethal materials.Seriously, what did they think would happen other than for customers to boycott once word got out?
This is particularly distressing watching very elderly people struggle so. Shameful.
Chinese state own manufactures and Chinese private companies are no longer producing cheap and low end products because it is an absolute law in China's industrial sectors, if there are companies producing cheap and low end products it is the foreign manufacturers, it's up to them because they are exempted of the Chinese law not to produce cheap and low end products
@@totzinfo another blind ccp chill.
China is internationaly known for never delivering products at their agreed quality. And instead using crap quality to toxic material, rather than the speccs agreed in a contract.
The only reason no one has been able to do much about it, is due to china ignoring any company that is from outside china, and some times inside as well.
This has been going on for more than a generation, it's a miracle that more people have not completely given up on doing any business with any company from china. But in recent years, even the most harsh cost cutting short-cuting western company deals at massive loss when making contracts with a chinese company, merely due to how much material/product, that they have to just completely scrap, due to how poor the quality is.
Then you also have the constant lies and trash experience of even doing any business with chinese merchants and foremen in industry, being a complete wackamole gatcha nightmare of how much crap and lies they spew while trying to scam foreign companies they are dealing with
This is the reality of long term communism. Look at 1920 Ukraine, and Russia.
Its so hard to want to work but can't find a job or to have worked all of your life and now you're old and can't afford to retire. The middle class is now collapsing in almost every country and is taxed to the point of barely being able to live.
Ruling class lie alot.
A lot. Don’t say “alot”, you look like an istio.
* a lot ;)
wow. it's almost like no matter what gov''t system you have. you're fucked when they gov't gets too corrupt.
Welcome to planet Earth. 🌏
The largest economies seem to be the ones with the most corruption. Stick to a small democratic country :p
@@HolographicThoughts you dont want to know how bad corruption is in my country then its not major country yet but man it probably worse than china's
Our governments are failing us.
All money has been wasted abroad
@robhappe
Building useless Tofu Dregs Living accommodation, Tofu Bridges plus more as yet not known.
RMB down the drain.
And don't forget the opulence that Xi Jinping and the CCP officials live in......
The wealth gap is so much worse than in the west !
AI 5G Naked Official Expertise
@@robertgrey6101.. Gutter Oil eaters cannot invent. What is China's Gutter Oil?.. What is China's UYGHUR HALAL ORGANS?.. What is China's Human Flesh Capsules?... How many million young Uyghur children have become China's Human Flesh Capsules?.. what Chinese illegal invaders have been doing to Uyghurs in Eastern Turkestan of Uyghur Nation in Central Asia? .. what Chinese illegal invaders have been doing to Tibetans in Tibet?... china's Uyghur Concentration mass murder camps have produced HUMAN FLESH CAPSULES. China's Uyghur Halal Organs are Traded in All Muslim Countries including "Palestinian state ". What is China's UYGHUR HALAL ORGAN TRADING INDUSTRY?.. what is China-Arab Axis?.. How many million Uyghur Halal Organs have traded by Chinese-Arab Axis?..
Wasted abroad is an understatement, most of the road project they funded in Africa were spent to build roads to nowhere both literal and figurative
Horrors of our world. Governments are failing us in every possible way. We must cooperate to tackle such suffering everywhere in our world.
WOW - speechless! If Hell did not exist (it does!!), it would have to be created for the monsters that cause this horrific life for countless millions of victims.
The CCP has chopped the chives and leeks
just curious, why you so focused on china when your own country is turning into a dump?
@@chrishayes5755: Maybe you haven’t noticed that China has been trying to undermine and destroy the economies, cultures and values of the world. They have been at an undeclared war with us, stealing our technologies, smuggling dangerous drugs such as fentanyl, and infiltrating our institutions, governments and schools!
If the CCP doesn’t collapse like the Soviet Union, they will certainly invade Taiwan and create a very disastrous world war. Any other questions?
@@chrishayes5755actually our economy is starting to boom again thanks to a very low interest rate. Confidence is growing.
Hes a chinese bot. Ignore it. This channel is littered with them.
@@seraph3761 7% Mortgage Interest Rate. Booming Economy ? What Are You Smoking ?
Government telling lies with other countries was not good a good idea, keep your peole from starving...
clearly space program will build communism since building land did not work out
in China there were more than 20 million homes still vacant reserve for the elderly's and indebts provided by government social welfare and giving them living allowances, homeless youths are non existing, in Chinese tradition if don't want to live in rehab centers, too many families ready to adopt as Chinese tradition
No homeless youth 😅 then who are these people I keep on seeing in videos?
No homeless youth 😅 then who are these people I keep on seeing in videos?
This poster is telling more lies
Why are you using Blackrock as your example? They're a greedy, scumbag organization and Larry Fink acts like a super villain.
It's probably to show that even a greedy and scumbag organization left because "You can't buy enough".
Nonetheless they are sources of capital. It doesn't make them 'good' or anything, it's just less foreign investment.
@@HolographicThoughts They push and force political agendas, Larry Fink has outright stated as such.
It is the best example if these greedy Brokers can't make money on Chinas Stock Market nobody but the government can😂
That makes them a good example. If Blackrock, a company that will cross any and all lines for a cheap coin, can't get their worthwhile there, who can?
Dear Lord, can't help wondering what the suicide rate is.
According to communistic party 0% cause they live in prosperity and wealth :)
You'll never know! It'll be kept a secret!
people don't suicide, they just conveniently "disappear". just like the protesters of the chinese government, they all just "disappear"
@@michaelellringer5600.. china's Uyghur Genocide in East Turkestan of Uyghur Nation in Central Asia have produced UYGHUR HALAL ORGANS, HUMAN FLESH CAPSULES, Uyghur Halal Organ Trading industry, Human Flesh Capsule TRADING INDUSTRY... what do you expect from HUMAN FLESH CAPSULE EATERS?...
No country ever divulges that information unfortunately
As someone who is a Filipino, I feel heart broken for the Chinese people. Growing up, my awareness of Chinese are people with rich culture, thanks to movies like Once Upon a Time in China, and Jackie Chan's movies. But in recent years, I've learned about their misery since 1949 under Mao and I started to understood Tianamen Square contextually. May God help the Chinese. May God replace their government and ideology to a free and democratic state.
Its not like changing goverment system to democratic is any better. Either authoritarian or democratic, both are same and both also bad goverment system if the people in power also corrupted no matter how countermeasure against corruption
My heart ❤ goes out to the workers, or in many cases the unemployed of China. Every country suffers episodes of an economic downturn, but economic depression is hard and deep. The authorities must come up with a way out of this present ongoing tragedy.
Let's blame the CCP for being corrupt 😢
Very sad
Less than a dollar a day is unbelievable in this decade
Xi needs to go to a mental hospital if that’s his definition of “poverty.” I have been diagnosed with some 8 psychological conditions and I feel more sane than him.
No matter where, it is so sad to see so many broken dreams...
Amazing report, thanks ❤
That is the consequences of bad government ..
Let's hope the government starts spending less on their army and more on the people!
OMGOODNESS it is heartbreaking 💔 😢.
I can not bear to watch, I am so sorry for it's their government's fault.
Thank U 🙏
"No homelessness!...
you can see...🤫"
I am sorry ordinary, hardworking Chinese are suffering.
They just send them to the US and clean up their streets
❤❤❤PRAYING FOR CHINESE PEOPLE❤❤❤
Easy no one homeless if you ignore and don't report it
Great analysis with numbers....
Economy has been in decline for months now, it’s so sad that normal people have to suffer
These are all homeless Chinese. More than all combined from USA
how liar this trolls there are none existing about homeless youths, indebted adults, and abandoned elders in mainland China except in Hong Kong, Hong Kong people just like in U.S. living in worst conditions, in mainland China all cities, provinces, municipalities and communities has special home for elderly's, indebts adults with no jobs has social pensions and living in a place similar to elderly's, homeless youths are non existing, if there was they have special place to live funded by government and given them living allowance
@@totzinfo bro drank the red coolaid LOL
in China all farmers in rural and mountainous areas has internet coverage except in deserted region with no population, farmers are all members of automated card for selling and buying products, if you are a tourist you don't need to carry much money because Chinese rural population are capable to accept payments from a QR code cards provided by the government, if you want to buy anything just scan their QR codes and you've done paying your bought items, and the seller can withdraw later their sales from a community cooperative or banks
@@totzinfo Internet access brings idea to farmers to invest in stock market and loss...So better no net access, no risk of loss. 😂😂😂😂
@@totzinfoI'm just back from another 4 weeks business trip from eastern China. Either you are a payd troll or a liar. The people living on the streets in Northern districts of Guangzhou alone have almost tripled in the last 12 months. In June they tried to scare them away from the industrial zone by shutting down cellular services - and thereby accidentally disabling the telematics system of the local refinery.
this video is made very well and informative..the pictures shown are shown for the first time...I don´t like news-videos with twice shown images. as I said this video asks the right questions and gives informative answers. ...I like watching your videos and without have been in China they seem very credible to me.
Poor people, especially the more vulnerable girls...
Bless them.
3rd world countries at least have clean natural enviroment and freedom as there isn't much government tech oversight or guns to deal with if you wanna fight back.
This is literally a 4th world country, the worst of all worlds.
But the most important thing is that the CCP is doing well 🙈🙈🙈how the people do, starving, drowning or something else is insignificant 🙈🙈🙈
USA has homelessness,China has homelessness, Australia has homelessness every country has homelessness it's just the bad countries tend to deny they have homeless that are worse off... denying that you have an issue when it clearly is shown is not going to make the problem go away, accepting the issue is good but doing something about it is better.
The police need to join the people and fight for a new leader…
That is Xi's contribution of returning everyone to the Mao era. Misery and hardship is making a resurgence.
All because Xi says his people were “happier back then.” 😂😂😂
Are we sure the people shown here are still alive?
With knowing their history, you know what happens.
Condolences from Singapore 🙏🏻🙄😒🇸🇬
As a planet, we should have space industries already but we wasted our time on wars and economic warfare
@King
Tower of Babel in modern days ??
It's not so much of warfare that has kept us down, as it is for a small class of people who hate the rest of the planet and do whatever they can to control and enslave.
Then start your own space industry company. Or are you expecting your government to do it?
@@fuhishva good job missing the whole point.
A lot of times, war breeds the technology we need to advance society.
Omg 😲... the babies 👶🏿 😢😢😢😢 how is this even possible 😭😭😭😭🤧🥺
It's no surprise considering all these floods. People have lost their homes.
The homeless look so clean
Lol, the U.S . Homeless people don't take a shower!
because these homeless arent drunk or high. they are sober
Let's not forget that many of them were the same ones saying they were better than everyone else.
When you are indoctrinated from childhood it becomes difficult to know exactly what is truth and what is CCP lies.
Interesting
Who said that?
@@kojinmaster Little Pinks
Only the brainwashed said that. There are alot of people who aren't brainwashed wants to leave China with no way out.
Thats just sad. Come Lord Jesus!
With love from India. God bless all my Chinese brothers and sisters. Hope there's a ray of hope somewhere
You soon see a up rise in people getting really mad and take the laws into thier own hands
Even if the CCP was to go away, it would take years to recover the economy
This is just so horrible! What a terrible country! Those poor old people
A system of modern slavery
Let me say this: stockholders, executives, Owners, y’all better make things fair for everyone soon… it’s more of us than y’all..
Chinese Winnie the pooh the mad tyrant
This is shocking.
"Rural residents earning 80% more than their rural counterparts".. Ehh? I think you meant "Urban" in that first part. I hate when I do stuff like that too.
heart breaking... OMG.. crying a river now
It's a pity so many Chinese don't how principal and interest payments work. Even simple financial calculators will show that early years of mortgage payments are nearly all interest. It should NOT be a surprise. And these Chinese are surprised. Wake up! In the West, the way to get ahead of this game is to pay more than the required monthly payment with the extra going to principal reduction. Another technique is to pay bi-weekly instead of monthly.
In my experience a lot of Chinese are not financially literate also they believed that they would keep getting richer and richer.
Yeah I lost interest in this video in the second half when they started talking about finance. It's all just bullshit anti-China propaganda at that point, with zero basis in reality. The narrator tries to paint the Chinese government as plundering the stock market... Seriously? A government can't tax levy taxes on stocks? Really? Give me a break! The biggest problem with the financial and real estate markets in China is the extreme greed (insane speculation) and complete lack of a financial education among the populace. Of course these people are losing money when they gamble all their money only on alcoholic beverage companies with sky-high valuations.
From my perspective, governing the financial markets in China is an extremely difficult task because the average "investor" in China is a degenerate gambler. Whenever they start to reform the market a little bit, the people go into an insane feeding frenzy and push the market into a bubble. Gambling is a very serious problem in their culture with roots that go back generations. There's no easy fix.
Everyone I've seen on this channel show financial competence. You should pay attention to -when- they took out their mortgages and loans. They're all saying 2019.
The Chinese economy was stable and growing in 2019. The CCP destroyed their own manufacturing industry with brutal lockdowns that lasted for years, and they scared off huge foreign investment with more recently passed anti-espionage legislation. Big corps like Tesla, Apple, Samsung, Nike, and Blackrock all got the hell out of there, moving their production to elsewhere in Asia. Plus, the housing market collapsed because it revolved around selling incomplete housing in large construction projects and reinvesting the capital into new projects which never get completed. This too has tanked the Chinese economy.
Long story short - if you'd been listening to the situation - these people had faith in a (previously) stable economy but are now utterly screwed because everyone's income is well below what it was when jobs were available.
To reach your level of financial competency, they'd also have to predict the impact of a global pandemic and the subsequent impacts on Chinese society.
Stop converting Yuan to USD. The PPP of 1 yuan is similar to 1 USD for the locals.
Let's see around us with open eyes, poverty is every where, look at California, Florida, London or Toronto. What makes the differences between them is how the local and central government to handle the problems and implementing the so called solutions by the so called experts in economic and any other fields related to the implementation program. Remember many called themselves as "the expert" for fame and money, but so few are truly experts in their respected fields.
You mean "no one" truly expert on their field exist anymore😊 only so-called-expert left
USA is Golden . Thankfully I appreciate our for fathers. 🎸💯🇺🇸😎
If China is such a great country, how many people are actually seeking to live there.
Heartbreaking 😢😢😢
China is dying and until tens of millions standup and fight oppression and communist rule, Chinese citizens will continue to suffer and only get worse. The question will remain for how long?
The U.S. is dying (35 trillion in debt) and we have democracy and there's any number of children going to bed hungry in this country every single day!
@@michaelellringer5600 You may want to study a bit more about China's economic and financial woes before you compare apples and oranges such as the U.S. Having said this, yes, the U.S. does have a poverty issue on their hands. We can argue the 4 years under Biden and big government spending increased inflation directly to increase poverty levels and weaking of the usd as well. However, unlike China, America's economic woes can be rectified. China's future looks bleak at best.
@@michaelellringer5600 there is at least help for the homeless, Americans are very generous and give up their time to help the homeless as well....
That would never happen in China, there is a massive difference....
You don't get 80 and 90 year olds working hard labour jobs in the US ever..!!
Chinese state own manufactures and Chinese private companies are no longer producing cheap and low end products because it is an absolute law in China's industrial sectors, if there are companies producing cheap and low end products it is the foreign manufacturers, it's up to them because they are exempted of the Chinese law not to produce cheap and low end products
This is shocking!! J
Yes what Chinese and cccp said China is better, best country and so Rich compared to other country in the world! This what we see the more Rich county in the world ! Haha
China has a brand new high rise vacant condominiums waiting for the homeless that could accommodate 20 Million families and adding more 20 Million for 2025, China are building high rise condominiums for 20 Million families every year until 2036, Chinese national budgets has an abundant money to build free homes until 2036
this catastrophic thing has yet to maximimum...wait till the land will dry up n less foods for humans....this happening all over the world..all are focusing on human suffering..not the agriculture...
The willingness and ability to AQUIRE DEBT is not the same as WEALTH. Most of the world has know this for centuries, but not the Chinese people.
America is not doing any better.
Does this also apply to Trump?
@@jamesedwards3923 BS!!! The American economy is doing the BEST of the world's economies, and its Stock Market is at an all-time high.
@@zelgie3013 Trump is a CRIMINAL who got away with his criminality until the last year. He's going to eventually pay FULL PRICE.
@@user-zo6xg8bx4l Agree, thanks to biden for the better usa economy
You know, the total returns of Chia's largest stock exchange, the SSE, (since 06/1998 roughly when it opened), have been about the same as America's largest over the same period, (a little less than 3x).
Kaya ayaw ko sa mga Chinese na company, mga barat yan magpasahod..
Huh?
You are 100% correct.
binaliktad mo pa, kaya nga nag exit yung mga foreign manufacturing companies dahil may mga kaso sila sa Chinese government for not paying the rightful tax at workers rights violations na hindi mababayaran ng pera, lahat ng naging jobless na galing sa foreign manufacturing company ay ini-adapt ng Chinese government at binigyan ng living allowances at bahay until they get jobs again, but all jobless Chinese are not a problem of government because China still needs 100 million skilled worker for their brand new, futuristic and automated factories now almost finish building in Chinese provinces especially now that South Korea are ordering 10 giant car carriers, 8 oil tankers, 6 LPG carriers\ tankers and 8 ocean luxury cruisers from China, also their new aircraft factories from COMAC building more and more COMAC 919 jumbo passenger jets, because 10 countries globally ordering COMAC 919 jumbo jets and the next generation COMAC 929 jumbo jets in 2025
@@darrenmarchand6991 He says he doesn't like Chinese companies, because they pay you a little. I mean I agree, stereotypes exist for a reason lol.
@@totzinfo. Wumao , gutter oil eaters, bleached vegetables, Human Flesh Capsules, Uyghur Halal Organs, Uyghur genocide, Tibetan Genocide, Manchurian Genocide... what do you expect from Chinese?.. what do you expect from HUMAN FLESH CAPSULE EATERS?.. what do you expect from Gutter Oil eaters?..
the rich get richer, poor get poorer it's like this everywhere ,
Incoming comments about "what about American homeless" and the usual whataboutism
I feel so bad fore these people after watching those old people working like beasts of burden
How do they pay for their phones
That's the thing. Many Chinese go into debt buying things they can't afford such as apartments, cars and phones.
Ask those homeless people in the U.S. I seen many using an apple, and mine is just an android.
Phones are cheap if you forget Samsung and Apple exist for a moment.
And since drugs are pretty hard to come by, and alcoholism isn't really a thing either, their costs come down to cheap meals, clothing, and a phone plan. It's definitely sustainable.
Phones are probably more essential in China than other places. Money is exchanged through phone apps. I heard many places don’t accept physical cash or card anymore in China
The current U.S. poverty line for a single person is not 1.90 USD per day.
It is 1073 USD per month, or 49 USD per working day. (22 days per month)
The video used the one from 1960.
They were using the international standards. The US has a high cost of living compared to most countries. 1k a month in much of the world would be considered a good salary
Instead of destroying huge apartments they could have given to this Homeless People
There not safety to live in. It's collapse any time.
They are despots ,,they don't care about the people ,,
Instead of building empty concrete cities, they could of built small affordable housing for the poorer people in China and given them enough land to feed themselves.....
are you sure?, China has a brand new high rise vacant condominiums waiting for the homeless that could accommodate 20 Million families and adding more 20 Million for 2025, China are building high rise condominiums for 20 Million families every year until 2036
apartments are not places to live in, they are only used for asset retention. hence why they can be built like crap. but people thinks it's still worth money. there's really nothing that can be invested in china when the government controls and manipulates everything.
I would wish this would make the military drop funding to help people, both young and the elderly.
However, this is China: the elderly may be marched into the cold or allowed to die.
The young? Let them starve.
Eventually my guess is that they will be drafted.
Those who refuse? Prison, work camp, deportation, maybe sending them to North Korea, or maybe send them to live with the Uyghurs. Maybe reeducation.
They have a happy life.
When someone cries about having to choose the lowest prices for take out food... I have zero sympathy for them. Seriously, it's prob 66% cheaper if you just make it yourself.
@@kojinmaster She's still old, broke, and crying. If someone is broke, they make your own food to save money... or if they have to, they can go to the store and buy cooked food, vs having it delivered (which costs more/waste of money).
@@fialee8 you must be from a rich country. You’d be surprised at how cheap restaurant food can be in poor countries - barely more than cooking at home. Home delivery is also dirt cheap as there is no labour laws for the delivery riders. Factor in lost time for cooking and cleaning, for many people takeout every day is a surprisingly solid life choice. Screws your health though.
@@ChakraVart1Exactly, they might not even have the time to cook or learn it themselves, I even seen on this same news that instant noodles is still incredibly expensive. It's the circumstances that made them choose this route, not because they are lazy that they don't want to put in effort to cook.
Takeout food in Australia is very expensive and we almost always cook at home when living in Melbourne, but sometimes eat at a restaurant with friends. However, while we are living in Bangkok we always order food deliveries from local restaurants because it is cheaper and much easier than cooking at home. Sometimes we cook at home for a change but that is only a few times a month. I think you should have a lot of sympathy for the people robbed of their livelihood by a corrupt regime.
@@sbalogh53 You can give her double sympathy, so I don't have to give mine. Crying about spilled milk isn't going to fix the future... and complaining about ordering delivery (not even take out/take away... where you can save on the delivery fee), and then complaining about having to order the cheaper items on the menu is beyond out of touch with reality. There are literally tens of thousands of homeless and elderly laborers who don't complain... who are barely surviving, and she complains about the high cost of having food delivered to her home.
Just too many people ! Less people means more to go around, if the ones at the top allow it?
As an Indian Bihari, I feel like they're still privileged compared to my state's poorest people.
Please help them !! China please do what’s right!!
The people will eat Marcksisem, will sleep under the blanket of Marcksism and dream Marcksism and will love Marcksism. Absolutely inhuman.
Marxism* though this isn’t Marxism, it’s communism
@@CashyWashy742Marxism is the basis of communism. An ideology written by a bum.
Chinese situation might be better if they dint clash with Indian soldiers at Galwan valley.
Because of it Chinese goods and brand were shut off from Indian market which cost a huge job opportunities for Chinese companies.
I think homeless people should get together and buy a piece of land where they all live there as a community of people living in the same place and helping each other out, grow vegetables for survival. I'm thinking that's the best way to go if you are homeless and having hard times.😢
in China all farmers in rural and mountainous areas has internet coverage except in deserted region with no population, farmers are all members of automated card for selling and buying products, if you are a tourist you don't need to carry much money because Chinese rural population are capable to accept payments from a QR codes cards provided by the government, if you want to buy anything just scan their QR codes and you've done paying your bought items
@@totzinfo wehhhh
😂😂but the advanced countries don't know that😂😂 and 90% of commenters have not been to china😂
Their homeless are young, and ours are senior citizens.
It's good to see how the mighty have fallen
This is devastating
The west giveth and the west taketh away
From poverty to poverty.