Waves of closures Begin and China's middle-class returns to poverty/Rights defense waves

Рет қаралды 123,379

15 күн бұрын

#Chinainsights#Chinanews
The middle class, as the most sensitive group amidst social changes, their situation is a yardstick to measure the current Chinese economy. In 2024, the middle class in mainland China is experiencing an even more severe crisis, namely, a storm of returning to poverty, highlighting that China's economic glory is no more and that China's macroeconomic situation has entered a downward spiral that is difficult to reverse.
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Пікірлер: 634

@natalieelizabeth7877 13 күн бұрын

Lets not underestimate the panic the jailing of the "two Michaels" caused, foreigners are too afraid to step into China, and they should be. Also, the threat of the coming war with Taiwan makes it dangerous to invest, China has made themselves far too volatile, self inflicted injuries.

@johnodonnell3770 13 күн бұрын

I have family in China wife/daughter China is screwed

@KnightsWithoutATable 13 күн бұрын

This right here, along with the raiding of the Chinese headquarters of multiple oversight companies that were required to do oversight of investments by Western companies in China. The laws in Western countries require oversight companies like these to monitor investments by Western companies to ensure that the money is being used correctly. Now they have had their offices in China raided by the police and laws passed that make doing their functions illegal, effectively making it nearly impossible to invest in China.

@abdullahalibutler4703 13 күн бұрын

Taiwan will win

@budisuwandhi6818 13 күн бұрын

The two Micheals are Canadian spies , it later proof by they own testimony when they sue Canadian goverment.

@deezeed2817 13 күн бұрын

The 2 Michaels were engaged in illegal NGO activity in China. They were left alone because China didn't want to cause a diplomatic issue with Canada but of course their arrest of Huawei CFO Meng Wangzhou changed all of that. I don't think China is going to invest in Canada either.

@janeprepper177 13 күн бұрын

Looks like the whole world is trying to get rid of the middle class 😮

@jonas3333 13 күн бұрын

Just as planned. U.S. will go too. Foolish to think we're going to be saved by some "president".

@Gizziiusa 13 күн бұрын

kinda. the world elitists do. ya know...own nothing and be happy. those folks

@ryanreedgibson 13 күн бұрын

This has nothing to do with the whole world. This is what happens when the CCP believes it's economy isn't reliant on the west.

@Joe-Dead 12 күн бұрын

middle class is doing fine in most nations. the states is around 74%. it's kind of an arbitrary measurement, poverty>poor>middle class>upper middle class (because there is a major step up too)> wealthy/well off, elites. poverty/poor is the easiest to classify, moving up from there is always lower or middle class. what is the criteria a government uses for that though? no food/housing hardship? savings? amount of savings? overall assets? rambling, poverty is easy, rich is easy, it's the criteria for the middle ground where things can get weird and that can depend a lot on the nation. state health care and/or education cuts huge costs out of what might be a poor level income in the states up to middle class in other nations that have those perks. it's trying to answer questions like 'what is middle class' with nations that can make you hate socioeconomics.

@HankN-je5lz 12 күн бұрын

wrong. not the whole world. mainly xi ccp china wiping their middle class in most worst ways.

@Falconlibrary 13 күн бұрын

It's an old pattern in China: New leader rises to power, makes much-needed changes, country prospers New leader becomes too powerful and insular, starts to do stupid stuff, country suffers Xi will be ousted and a new leader will take charge--but until then, to quote Mr. T, "I predict PAIN."

@sleepinglaffey3886 12 күн бұрын

Mandate of heaven

@Psych_advisor 12 күн бұрын

Or Mike Tyson: Everybody's got a plan until they get punched in the mouth.

@Juan-os4hs 11 күн бұрын

Or in The Who's song Won't Get Fooled Again, "meet your new boss, same as the old boss..."

@philbertplummer1572 11 күн бұрын

I prefer MR. T I pity the fool

@nikolaizaicev9297 3 сағат бұрын

What does it have to do with doing stupid stuff at all? You think that is only a problem of China? Have you allready forgot the size of the US debt and the European countries? It is classical problem of oversupply that causes crisis, described by Marx more than 100 years ago. It has nothing to do with who holds the power where, that is a complete nonsense. The problem is the capitalist production system. 1. You have a constantly rising inequality and concentration of wealth in the hands of the few. 2. You have a constantly rising supply of products. 3. You have a constantly falling demand. That all leads to the problem of oversupply and falling rate of the profits, which starts the death circle of the capitalist production system. The problem is caused by the fact that, products are created for meeting some human needs! But are sold for the profit that requires demand (needs + available cash). In a society where 1% of population holds 70% of the wealth, the fall in demand is inevitable. Because you have a rising amount of available cash in the hands of the few, but at the same time they have limited number of needs! At the same time, you have a falling amount of available cash in the hands of the majority and most of their needs are unmet, because they have no money for that and it is not profitable. Thus, you have countries where rich buy luxorious yachts while the plebs are scounting the trash (Phillippines, South Korea, India, you name it). One person with 1000$ in hand will buy maybe 5-10 burgers in a day at most, while 100 people with 10$ in their hand would buy more than that. That is why all of the capitalist countries followed first Keynes and others, trying stimulate the demand trough money printing and give aways, etc. That is not going to work anymore, because it is only one part of the problem and there are others, like inflation, etc. Shortly said, your comment only shows that you do not even have a basic understanding of economy nor the current problems and what causes them.

@jerryrichardson2799 13 күн бұрын

This is in line with debt-deflation and demographic shrinkage.

@BeastOrGod 12 күн бұрын

Instead of Common Prosperity, it's Common Poverty.

@deadwingdomain 7 күн бұрын

Seen it here first. Capitalism kills just as much as any other Authoritarian entity.

@YourHineyness 13 күн бұрын

All of these people protesting for their "rights". What rights do people in China have? I haven't heard a single story where people got anything back by protesting. At best they are ignored, at worst they are attacked by police.

@HKim0072 12 күн бұрын

A "minority" group will never win against the government until the majority sides with the minority group because of ethnical reasons and not personal gain. Black people in the US didn't gain supposed civil rights in 1964 because they protested. It was because a large portion of the majority joined their side. And, this is the issue. Chinese people are self-centered and pretty selfish to their own personal needs.

@BlackPill-pu4vi 12 күн бұрын

Try to point out the futility of ☮ protesting and the only solution, and it gets autodeleted.

@E.C.Animation 12 күн бұрын

Sure they get something. Lowered social credit scores.

@berndkemmereit8252 12 күн бұрын

same as in the west. All Banking debt where covered by the Govt, aka you......did we ever got anything back? Do you get money when your employer just closes doors?

@BlackPill-pu4vi 12 күн бұрын

@@berndkemmereit8252 None of these banking shenanigans were possible during the New Deal Era. Time to admit that Reaganomics and Shareholder Supremacy is not just a failure but, a deliberate act of war upon the people. The New Deal was created to restore public confidence in our institutions and it succeeded. We have far less confidence now than in 1931.

@kaputasri 13 күн бұрын

A society that worships money over morals and ethics, this is what you get.They need to go back to studying ancient chinese philosophy on morality and ethics.

@petersvan7880 12 күн бұрын

Amen!

@TrudeauhugspandasnotMicheals 12 күн бұрын

Yes but those teachings only exists in Taiwan today

@sharongillesp 12 күн бұрын

I think the USA would be well advised to take your advice. Homelessness is huge in America. The wealthiest nation. There’s literally NO MIDDLE CLASS. The majority of Americans are on the edge and struggling. Unfortunately America’s ancient philosophy is “mo’ money, mo’ money, mo’ money.” And the Salem witch trials. Meaning … their only “solution” is to enslave people and terrorize women.

@Psych_advisor 12 күн бұрын

CCP: We did that.

@joannlarson6386 11 күн бұрын

That's for the ones that took everyone's money and fled. I feel for them, factories are closing there, and retailers here.

@johnmascardo7047 13 күн бұрын

"Protest and defend their rights", the #CCP says: "You have none, we decide"

@auggieeast 13 күн бұрын

If tax receipts dropped by 15%, how could GDP growth be 5.7%?

@nopoint2427 13 күн бұрын

cherry picked data there is a higher chance of a winter in hell than a 5.7% growth in china

@allgoo196 13 күн бұрын

"If tax receipts dropped by 15%, how could GDP growth be 5.7%?" == It's 16%.

@ultramagnus4105 13 күн бұрын

Easy, the oldest trick in capitalism: Cook the books. With Chinese characteristics i.e Gov level.

@treyondaren3542 13 күн бұрын

China GDP is a big fat lie, its a very fragile gigantic bubble. They just print more money to cover the debt.

@topsuperseven7910 13 күн бұрын

They count things like 'Traffic' and do a lot of little numbers games no normal country would get away with or would at least be considered silly for trying it.

@siegfriedheydrich 13 күн бұрын

It really should be pretty obvious to all by now that the Emperor has lost the Mandate of Heaven. And history has demonstrated repeatedly that regime change is needed to restore it.

@AmnesiaFX 12 күн бұрын

And the famine killing millions during the cultural revolution didn't? 😅

@deadwingdomain 7 күн бұрын

Xi is setting a dangerous path for China. The red families being ousted may create the backlash needed. But we will see. Personally, I'd like better leadership for all countries.

@carinwiseman4309 13 күн бұрын

You only have rights if there is some legal recourse for making you whole after you have been wronged. If there is no way for people to get their money back, then they really don't have any rights at all. So call it what it is...complaining, and tell it like it is...slavery.

@IHZALewis 11 күн бұрын

So, rights is about money. You must be an American or at least have bought into the America philosophy: "rich and white make right".

@jasonredpill7473 12 күн бұрын

when travelling to CHYNA. You feel like being interrogated rather than being welcomed to their country. I way they treat foreigners during the zero-covid-lockdown. I don't feel any regret from them.

@stewl6329 13 күн бұрын

"...to defend their rights" After listening to most of your videos, I wonder if rights exist there.

@phishinround420 13 күн бұрын

I was literally thinking, “You live in China? What rights?”

@o0oGhsto0o 13 күн бұрын

On paper they do have rights. Unfortunately that doesn't translate to the real world. Lots of communist countries and dictatorships have rights for the people. It's a farce used for propaganda and things like the UN.

@yaboibSLT 13 күн бұрын

It only exists if you're a party member and even that card can get revoked if you provoke the wrong people 😂

@user-nq6tn4ll9l 13 күн бұрын

u got it right . there is no rights in China for people.all listen to evil CCP.and they even try to threat US national security. How dare them.we must continue watch those esp to know more about our enemy.

@amraceway 13 күн бұрын

@@phishinround420 Right to home ownership. Highest level in the world.

@TheTektronik 13 күн бұрын

And the collapse continues.

@rogerbartlet5720 13 күн бұрын

and its going to drag the whole world down with it.

@patrickt49 13 күн бұрын

@@rogerbartlet5720 This is why the world is diversifying. Nobody wants to be shackled to China when it all goes downhill. And to some extent, that's already happened. As stock markets in China drop, everyone else's grows.

@jerryrichardson2799 13 күн бұрын

@@rogerbartlet5720No, just most of the Eastern Hemisphere.

@deezeed2817 13 күн бұрын

This is a Falun Gong linked channel. Be aware they're trying to pain doom and gloom because they want you to think it's worse than it is. There's no context to their videos. They take some social media account of a guy that complains that his business is in trouble and uses that as "evidence" that China is collapsing. I can tell you there's videos on here on KZfaq of people going to places like LA and NY and showing entire streets of For Lease signs. That's not to say the Chinese economy isn't facing struggles but this "collapse" story is just propaganda. Anywhere you go today in the world there's alot of stories of unemployment and struggling businesses. I'm not downplaying China's issues but the simple reality is that there'll always be businesses that close and go bankrupt. That's not an indication of economic collapse. I hate to tell you folks but the worlds 2nd largest economy and manufacturing powerhouse by far is nowhere near collapse and if you're betting on one then you'll be disappointed. It's a structural readjustment from property to manufacturing.

@zacchk 12 күн бұрын

I don’t know why your comments are focusing on China. This is happening everywhere not because of China and no relation to China

@user-yy9hk9od9u 13 күн бұрын

Now the CPC is going to send hundreds of millions back into poverty.

@Psych_advisor 12 күн бұрын

I suspect worse. The boneyard.

@HermanWillems 12 күн бұрын

Xi Jinping is a fan of Mao Zedong who did the same.

@rempseaheinamies9414 12 күн бұрын

Another great leap backwards.

@annaclarke7643 13 күн бұрын

It’s painful watching so many people feeling such despair. What is the Government doing, to help and support the citizens of China.

@edwardmalik3388 12 күн бұрын

Everything else but helping the Chinese citizens.

@USBestCountryonEarth 12 күн бұрын

Many Chinese people did nothing and surrendered their rights to the Chinese Communist Party. Most Chinese people went along with the Social Credit system, with the lack of building oversight / Inspector corruption, with the deteriorating societal relations, censorship of free speech, with acceptance of government bribes, with the hostility toward foreign nations. The Chinese people are partially to blame because they did not fight to ensure their rights and hold the government accountable to fairness. When the economy was good and everything looked like it was going up, the Chinese people let the government rob them of their rights. When the crap hits the fan and the consequences of the accumulative choices and actions comes to bear, its all realized after the damage is done. The whole point of maintaining good ethics and fairness in government is to avoid the catastrophe that is going on in China.

@cherylT321 11 күн бұрын

Their government doesn’t do anything to help their people; there are no safety nets!

@cr4yv3n 4 күн бұрын

They are babbling about war with Taiwan. FUcking idiots. Thwe ;ady at 16:20's story is just heartbreaking :((((

@owenb8636 13 күн бұрын

The barber clearly should ask for payment in advance for the month and run away with the money. That's what everyone else is doing lol

@abemanzur6985 13 күн бұрын

😂😂😂

@kristineyost6977 13 күн бұрын

There is no middle-class in the world these days

@Alastor999 13 күн бұрын

We can turn “…to defend their rights.” into a drinking game

@fourthprince1099 13 күн бұрын

I never understood giving money before a service is provided is welcoming theft. They give the money before homes are built they give the money before the lessons start, they give the money before trade. What’s the point of the company.

@HKim0072 12 күн бұрын

Dude - I took drivers Ed many years ago. And, you pay the fee up front. This is pretty common for a lot of things.

@caseyp3447 12 күн бұрын

@@HKim0072you guys took drivers ed? I live in the southwest. Get some cones drive out to the desert set them up practice. :/

@HKim0072 12 күн бұрын

@@caseyp3447 On the East Coast, they would teach the written part at our high school at night. Can't remember if my parents taught me driving or had a paid teacher. Just remember that I got my learner's permit at 15 and would freak my parents out driving a bit.

@caseyp3447 12 күн бұрын

@@HKim0072 oh, ok. I live in the middle of nowhere, its actually common that most people dont have tags on their cars or drive with expired licenses xD My husband learned out in the desert too at 12 his mom put him in a stick shift truck and had him figure it out.

@HKim0072 12 күн бұрын

@@caseyp3447 Yup, and I'm one of the city boys that...can't drive stick, lol. Really, it's because my Dad transitioned to a mini-van and my Mom didn't like stick. Doomed me later in life when my roommate lost her contacts surfing and I couldn't drive her Jeep that was stick.

@jeffreyjackson5229 13 күн бұрын

See, that's the drawback to any type of retail business. When your life is contingent upon people spending, if there is a downturn, you suffer. That's why I left retail management in 2008 and never looked back.

@cashkitty3472 12 күн бұрын

Happens in any job

@nikolaizaicev9297 3 сағат бұрын

Name me a single business that is not dependend on the people's spending?

@theobserver450 13 күн бұрын

My prayers go to all people suffering in different ways globally. It's sad to see China heading downward.

@NorthzYT 12 күн бұрын

This isn't the first time someone asks where people have gone, it's so hilarious that the CCP has managed to fully sweep the issue of defunct vaccines under the rug. Banks and companies ran away with money because they knew the truth, since they saw a spike of unpaid debts due to deaths. The CCP expected an economic rebound, but it only seemed like things barely went back to normal for a short period. What everyone failed to realize was that a rebound did in fact happen, but only for those who were still alive. Everyone is lowering prices yet customers still don't show up, because they no longer exist.

@Juan-os4hs 11 күн бұрын

China expected a rebound, because they were dependent on US & European exports to make money on... but we're now in a Global Recession much like the one in the 1920s-1930s. And this time I don't think a World War will be enough to get the economic engines running again.

@nopoint2427 13 күн бұрын

i feel bad for the woman at the end but it was greed and inadequate risk management that led to her demise.

@juanbertone1941 13 күн бұрын

i was thinking the same while watching. 1 store opened every 2 days.

@nimblegoat 13 күн бұрын

She feels sorry for herself , but many great experiences . What is more interesting is some rich people think they are super smart. She started her Tea business right place right time , now she struggles. You see it in west, people gambling 3 times bankrupt , then win a winner right place right time , and they can't wait to tell everyone how wonderful and smart they are, Even more annoying is those that chew through OPM to finally get rich. Ie opm = other peoples money. I can smell these scammers miles away. Trump from Apprentice days was so obvious a scammer from first minute I saw him. Then again suckers are born every second , I'm the best, I have the inside answers , you can have want I have , look at my houses, cars. I'll fly you to the Bahamas to seal the deal. Rather stand next to an honest drug dealer than that stench

@gtw4546 13 күн бұрын

How can she have 300 stores and only 100 employees? Unless she’s using slave labor, that makes no sense!

@YourHineyness 13 күн бұрын

Perhaps they were franchises rather than directly owned by her.

@Kodiakbear1966 13 күн бұрын

I have often found that translating chinese to english often inverts things, and makes males females. words like no, would be yes. I think its a translation error sometimes.

@gtw4546 13 күн бұрын

@@Kodiakbear1966 LOL - yes, Xi (pronounced she) is a he!

@Juan-os4hs 11 күн бұрын

The same way McDonald's does, by franchisees.

@dasbubba841 6 күн бұрын

I would assume she franchised them out, with the 100 employees being those in her management.

@Person-st8wz 12 күн бұрын

I really appreciate it that there are some people out of China trying to pay attention to what's truly going on in Chinese and tell the truth.

@dans1741 12 күн бұрын

People should have learned by now. Never trust someone with money. And their job is making money from the normal public.

@karlpoulin3938 13 күн бұрын

So are we, here , in canada, under trudeau

@sherrygadberryturner9527 12 күн бұрын

So, WHERE are these “owners” running off too? 🤔 I’m sure it’s not just the next town. 😏

@arleneparris3446 7 күн бұрын

All over the Caribbean & South America

@TFL19823 9 күн бұрын

They should look internally instead of looking outward which will help them to raise quality of life for common man

@PoohSeaFresh 13 күн бұрын

Looks like they're going to the Mao Zedong ahh era 😂😂😂

@amraceway 13 күн бұрын

That was when China opened up to the rest of the world.

@bradforddavis6497 13 күн бұрын

Cheaters never prosper.

@botmoderator3405 13 күн бұрын

I don't know....Jamie diamond of JP Morgan Chase seems to disagree with you.

@bradforddavis6497 12 күн бұрын

@@botmoderator3405 yes, now you move the conversation to a very significant question. Is the Western financial system based on debt and run by an opaque, autonomous pyramid of central banks, shareholder banks, and individual shareholders of those banks, fundamentally fair and consistent with American founding principles? The 'fair' part is tougher to answer. Consistent with American founding principles? Obviously not. In fact the system is antithetical to founding principles and has turned the American Republic into a grift machine whose products are counterproductive, endless wars, inflation, unsustainable debt, an inefficient centrally planned economy and an ever expanding, increasingly tyrannical government obedient to the opaque and autonomous banking pyramid. Somewhat ironically, perhaps, the American Founders foresaw this and wrote about the consequences we are now living through a full 110 years before the creation of the Federal Reserve Bank in 1913. Is it a fair system? Not in my opinion. I find the writings of the Founders prescient. Originally, the American system sought to empower the individual and enable the people to keep the government in check. Today the bankers run the war machine and the information machinery and want a One World system, they, the bankers control. The elected government is in the hands of AIPAC and other lobbyists obedient to the unseen banking pyramid. We, the people, are not consulted but avoided, kept behind a wall of propaganda which is privately owned in a very few hands. It works with and for the opaque and autonomous banking pyramid and subordinate war machine. Also ironically, what they, the bankers seek is modeled after the CCP. In this context the cheating is a very large scale manipulation of public perception where 'Truth is a Distraction.'. That gem just this past week from the new, ultra-woke CEO of NPR. Yes, she said exactly that. So this channel's deep, clear, documented insight and evidence into life in China are appreciated, important and relevant to the current trajectory of America. The markers for us here in the West, again, CBDC, increasing surveillance, growth of government, expanding, debt, war, inflation, and diminution of personal liberty. Cheaters never prosper. They are cheating us out of our American birthright of freedom via the manipulation of information. Will they prosper? At the moment they are dominant and have the momentum. We have the numbers but are badly disorganized, fractured on numerous, manufactured wedge issues and unrepresented by a corrupted, unresponsive political system. We'll see how it goes from here.

@bradforddavis6497 12 күн бұрын

@@botmoderator3405 I explained it but they didn't allow it.

@LaconicMuse378 12 күн бұрын

They ABSOLUTELY do.

@bradforddavis6497 12 күн бұрын

@@LaconicMuse378 the quote originates in ancient China. Could it be humanity is not moving in the right direction? I put the blame on the debt based, corrupting Western financial system, the Zionists, globalists, Neocons and warmongers. But maybe these entities are just a fair reflection the human race.

@pennycandyys 13 күн бұрын

@Chinainsights…given how dead the streets are, how businesses across China are closing down, including larger businesses such as malls, and streets that once used to be the busiest in China, and so on, and given recent reporting that Covid hasn’t gone away, and that crematoriums (both insitu and the mobile ones) are still operating 24/7, I am beginning to wonder how much the population has decreased since Covid began. Is it possible that the streets are so empty, in part, because a chunk of the population has actually died? Is it possible that could be part of the explanation of why the streets are so empty? Regardless, it’s eerie.

@Henry_the_Eighth_ 13 күн бұрын

Nah, you're overestimating the impact here. I'm currently in China and streets are busy and malls are filled with people, even on weekdays. Granted, many businesses did close and many companies struggle, but it's not as grim as you might think. Though the economic impact from moronic lockdowns is undeniable.

@topsuperseven7910 13 күн бұрын

Almost nobody ever died from Covid but yes, every year, people who are at the end of life, have morbid diseases and immune problems die "from" (not really) a seasons cold or flu or bacterial infection. Recently we had a 60 yo friend here, he had some serious heart and health problems, he got a seasonal flu going around and you see, it was too much of a strain and his heart stopped. Keep in mind, that may have happened if he had a sudden fright like dodge a car accident or light seasonal cold or maybe stressful 'jetlag' from long distance travel. It might be that crematoriums are busy as China has begun a population decline where there are more deaths than births? but overall there are not that many missing people here. 98 of our 100 friends from 2018 are still with us. You're right, there are businesses closed all over the place and less people.

@pv2639 13 күн бұрын

Wow AI is improving 😂

@justsaying.8017 13 күн бұрын

Internment camps…..china. 🤍🌏🤍

@Kodiakbear1966 13 күн бұрын

I read 2 years ago that there were 150million less chinese cell phones that were active, those went somewhere. How about the massive fields of cars and motorbikes just piled up for miles. Its eerie in china for sure, to see empty streets in a country of over a billion.

@BenManu0227 13 күн бұрын

Do these people have an idea who is to blame for whatever is happening in China?

@MW-xm1rc 11 күн бұрын

This video proves what my father always said: “That Government can’t run anything”!! Government workers care about the check and pensions!

@angiep8217 13 күн бұрын

How can they continue to pay their condominium unit if it wasn’t & never will delivered

@HKim0072 12 күн бұрын

The rule of law applies against them. And, never for them. The banks will use the law to enforce payment. But, the buyer has no recourse against the government / property developer.

@rempseaheinamies9414 12 күн бұрын

Must be some Chinese thing. I though they were smart but it really doesn't seem so.

@USBestCountryonEarth 12 күн бұрын

I would never buy a property with illogical Chinese laws. Its the banks responsibility to ensure their loan is secure, not the clients. Home owners should always have an ability to file personal bankruptcy and be free of debt.

@Juan-os4hs 11 күн бұрын

@rempseaheinamies9414 It's an internal battle of greed vs smarts, and they let greed get an upper hand over smarts

@Juan-os4hs 11 күн бұрын

Unless *"buying",* i.e. mortgage payments are cheaper than *renting,* it makes no sense to *"buy"* a home, apt., house in China. Because you're only *"renting"* any property *from the government* for a fixed amount of time, be it 70-90 years, after that time you're compelled to sell the *"property"* again.

@jonchicas-hw9op 13 күн бұрын

Awesome video 📹 my buds

@trentblume5998 8 күн бұрын

Most Favored Nation no more. I feel bad for the People.

@2packrm781 13 күн бұрын

0:51 "where are the ppl at?" They're either in their home town in another province or moved out of the country. 3:06 I feel bad for the Chinese Ppl who are in this mess. 6:25 well.. she did get the "message/point" across while standing up for her right😶 12:44 2nd wave of layoffs, oh man😬 16:17 what a story about Ms. Bubble Tea🧋

@allykhan8594 12 күн бұрын

Adaptation was the main contribution of china to the world economy. Close your shop, go to your clients homes and offer a different service.

@nexus888 12 күн бұрын

I feel so sorry to see so many ordinary Chinese loosing their job and savings. The world politics has become increasingly aggressive for some years. I do think CCP is much to blame for this as they were already tough on foreign companies in china but went even further pushing their weight on various countries to force their hand to ‘support’ china. Ordinary people are suffering from the CCP dictatorship control.

@kw9592 4 күн бұрын

Thank you for providing this insight… this is such a difference between what is presented in western media vs what is going on. I have heard from people that the Chinese economy is doing well and they are taking american opportunities… Obviously there is a miss communication.

@Hali88 3 күн бұрын

Rule no.1 in life: spend only what you can afford (i.e. less than 80% of your income) until you own your own house, car etc with no debt. Then, when the rainy days come (and they will), you should be okay.

@NomadicCreator 12 күн бұрын

Not just in China.....here in Canada too.

@boonnathan9827 12 күн бұрын

Comparing China to Canada is just stupid. China is still a 3rd world country. The world is laughing at weak China.

@MarksmanSpecialist 12 күн бұрын

I’m convinced that I rather have fragmented warring nations than one centralized country like China. At least autonomous regions will regulated themselves instead of the mismanagement of a giant nation

@georgeacun3619 12 күн бұрын

Funny, isn’t that what they had 100 years ago with warlords, now they would be called oligarchs.

@andrewvare3173 11 күн бұрын

Gnarly sitrep. Thanks

@jaylnnmoor4192 12 күн бұрын

Thank you for bringing us this informative and very troubling news. Excellent reporting.😎👍

@malakcoccode3882 13 күн бұрын

how dare they have a middle-class there is only people for the people in the name of people who's name is king Jinping the eleventh

@jcover6938 13 күн бұрын

Andxthen..who is going to repair infrastructure..fix building issues..like maintaining critical services like gas lines, water, elwctric systems..or even impirtsnt building setvices like elevators..

@justjacqueline2004 13 күн бұрын

Just as bad in the UK, where we have Potemkin shops and villages and so called manufacturing connected to crony-ism and nepotism where laws only apply to us plebs not the connected who rob us blind.

@cheesecake5236 12 күн бұрын

UK is a democratic superpower while China is third world country with no food or water. Terrible comparison.

@TheSovereign2011 2 күн бұрын

I wish people who fall out of the middle class weren't convinced by false images around them that they are the worst off.

@tomj528 12 күн бұрын

Interesting that no matter what country or political system it always comes down to spending, debt and pissing away your financial security.

@gloriabeckley7464 7 күн бұрын

The future of America

@TWJfdsa 12 күн бұрын

all of China has lost the Mandate of Heaven without remedy.................

@kateryan9988 12 күн бұрын

Good.

@Kaypohrd-Wahlior 12 күн бұрын

Good information

@billc6762 13 күн бұрын

China is a developed country. China imposes 218% tariff on Australian wine. Tariffs on Chinese goods should start at 218%.

@Juan-os4hs 11 күн бұрын

And no free mail/shipping costs subsidized by any other country's government (like the USA does).

@billc6762 11 күн бұрын

@@Juan-os4hs US postal is not subsidized. That's why they always run out of money.

@Juan-os4hs 11 күн бұрын

@@billc6762 All packages from China get handled free of charge by the USPS. That's the subsidizedation that I'm speaking of. Mail from other countries have to pay USPS postal rates, on top of their original country rates, China doesn't.

@LumiDurotoye 12 күн бұрын

“to defend their rights”. Doesn’t seem to be working…

@chonstakerandom 10 күн бұрын

300 stores and 100 employees? Geez no wonder she’s out of business, she’s asking one employee to manage 3 stores at the same time. At least get your stories right.

@robertopang4240 13 күн бұрын

The last woman is a hustler....She will be fine eventually. She keeps going and that is what we have to do.

@jimmysass 11 күн бұрын

yeah she's 100% got my respect. A true definition of feminism - not that blue hair shit. People are people, regardless of race and nation.

@GudetamaSit 14 сағат бұрын

@@jimmysass Ahh, an anti-SJW out in the wilderness. While this woman's work ethic is admirable, discriminating against groups of people for their appearance isn't a good look.

@jimmysass Сағат бұрын

@@GudetamaSit were they born with blue hair? Did they spend money on something they dont need? Was it a conscious decision to get it? If someone was wearing a swastika armband - would you judge them? It’s not a good look to have no critical thinking.

@davidgrenis638 11 күн бұрын

WELL IT'S GOOD THAT IT'S FINALLY HAPPENING OVER THERE AND NOT BECAUSE THERE ARE TOO MANY HOMELESS PEOPLE OVER HERE BECAUSE OF ALL THE JOBS THAT WENT OR WERE TAKING IT TO CHINA

@postscript5549 13 күн бұрын

Unfortunately I believe the U.S. will also have a bad financial situation very soon. The U.S. is $34 BILLION in debt. It is wasting billions on war on top of that. Scary time for the world.

@seekthetruth1478 13 күн бұрын

The US is fine compared to China.

@sleepinglaffey3886 12 күн бұрын

@@seekthetruth1478That is just how ridiculous that zombie economy has became

@dontcare7086 12 күн бұрын

32-34 trillion not billion. Economists think the Democratic party is trying to keep the economy above water until the election. It's on life support now.

@ChuckFreeman0102 3 күн бұрын

Still the best

@PixelVillain 11 күн бұрын

That rent cost. Its a Killer.

@sylarkane8883 4 күн бұрын

Maybe there is/was the Grandest Buble of them all in China? For example these pianos...usually there are only couple of places manufacturing and selling pianos...as they are not so often buyed products. But in Chinas boom more piano makers/sellers started than is necessary and this is the Crash to normal?

@sandi4215 13 күн бұрын

These AI dialogue videos do my head in.

@ChuckFreeman0102 3 күн бұрын

It's not so he's always sounded like this. Also dont comment on ai vids cause you're boosting them with interaction

@captainhadd0ck 12 күн бұрын

It couldn't happen to a nicer country.

@sharongillesp 12 күн бұрын

How do you manage 300 stores with a little over 100 employees?

@gold3084 11 күн бұрын

Much of this dirty money ends up in Australia and Canada as real eatate sales !

@FellTheSky 10 күн бұрын

that's the result of dropping out the supply chain

@user-je3kx6fw7e 13 күн бұрын

Just imagine how many Construction Workers (infrastructure workers) are out of work, now that everything is built.

@Juan-os4hs 11 күн бұрын

I think most Chinese don't understand what "defend your rights" means. Getting robbed has little to do with "rights."

@JonySmith-bb4gx 21 сағат бұрын

That's USA

@Juan-os4hs 21 сағат бұрын

@@JonySmith-bb4gx Oh look, the 50 cent, WuMao army has arrived... 1989年春夏之交的政治風波

@davidstevens5358 12 күн бұрын

Blame the Australian government for allowing greedy thieving people to deposit money in Australian banks. It's not just Australian banks, America, Canada, European banks, etc.

@mattcowdisease1346 11 күн бұрын

Seems to be everywhere in the world. People cannot keep up with the current inflation. I make more money then ever but I still have to budget like crazy (single, no kids) because life has gotten crazy expensive and I live in the mid west where things are a little cheaper then alot of the country.

@jokim7822 11 күн бұрын

Many businesses in USA are faced the same

@ChuckFreeman0102 3 күн бұрын

Not even close. USA is still the best and will be for the foreseeable future.

@jackshaftoe1715 12 күн бұрын

JUST LIKE RIGHT HERE IN THE GOOD OLE U.S.A. You can't have billionaires, and a middle class. We lost the monopoly game. Time to start over.

@OneRadicalDreamer 13 күн бұрын

Do you think this will overflow into the global real estate market?

@randalsaladbar 13 күн бұрын

Unbelievably tragic! Pres White wings is on borrowed time

@abdullahalibutler4703 13 күн бұрын

Image working for years and then all that effort and striving has actually accumulated not only nothing but you have to pay for the nothing AGAIN! Your retirement your food your life after 65 that you already paid for has been stolen

@HafeezBlackLeg 11 күн бұрын

A piano which is sold for 50,000-60,000 yuan is now been sell for 4,000-5,000 yuan lol... it's an inflated prices

@sangjeongkimcho293 13 күн бұрын

NOPE: NOT TAKING DOWN AUTOBLAST EMAIL NEXT ONE GOES TO AFC INSTITUTE ETHICS VIOLATION EXPULSION 7am MORNING

@jackelhog 13 күн бұрын

A rooster zodiac business failing in a cat zodiac year? Typical.

@greenpinapple820 5 күн бұрын

Me when every social structure in human history boils down to an exceedingly small master class and the rest of the humans as slave labor for said masters:

@user-kd7fk9oj4c 12 күн бұрын

If the HEAD is rotten,the body will also be rotten. Snakes do not give birth to lambs. God is not mocked,you reap what you sow.You sow corruption you will reap corruption.Pause and think on it.

@johntse8655 10 күн бұрын

wow, what a crap, I was just back from Quanzhou, meeting with many the middle-class businesses. most of them reporting roaring business, seeing is believing, their customers are buying like there is no tomorrow. even on a weekday, the shopping centers are full of people. I see a lot of mothers sitting outside dance studios waiting for their children practicing breakdance. shouldn't they be saving money on such useless activities? it is not even education tuition? I wonder are people on the internet that gullible? the best way to really know the truth, go and see and be shocked.

@ChuckFreeman0102 3 күн бұрын

Lol so why does thousands of videos, and every other country, have economic suffering right now? You are being dishonest.

@tapandrack 12 күн бұрын

Every society is three meals away from chaos… Vladimir Lenin

@Juan-os4hs 11 күн бұрын

In America, it's more like six to a dozen, because of the obesity epidemic.

@ReelyBad 11 күн бұрын

Get ready for the digital currency.

@rockhayes2641 8 күн бұрын

Protest there rights,they have no rights, they do as their told.

@johnwilliams-ni8cn 12 күн бұрын

How much land is there there is over 295 billion 1/8 acres of land on this world, In canada and united states there are 23 billion 1/8 acres of land, so all the 8 billion people in the world could all go to canada and united states, all get 1/8 acre of land totally free that another is not using, away from any resources people need to live, there would still be an extra 15 billion 1/8 acres of public land left over, there would not be a human body anywhere else in the world, non in africa, south america, europe, china, russia etc... yet we are being lied to there is NOT enough land? oil? gas? electricity? food? water? etc... 1/8 acre of land is 5445 sq ft, an average 2 bedroom condo is less than a 1000 sq ft, that can be built on 1/8 acre of land, people build on swamps, mountains, snow etc... add a 2000 sq. ft. greenhouse for nutrition, grow plants for free! let food be your medicine. There is still 2445 sq. ft. Left over, chickens, goat etc...? they can build anything their hearts desire. If people want they can move together, 1/8 acre next to another one or far away. free thermal heat, self-sufficient hydro, people can help each other create anything for free again. humans never have to act as a slave to something else. It’s better to show someone how to help themselves, then forced to act as a slave to another. look at all the homeless people dying, murder? when woman have a home for the child, they can have for free, with electricity, water and nutrition. children in abusive family can go live on their own 1/8 acre of land with help from friends. all land and its resources is the gift that keeps on giving, to all children, that must always be free from debt illusion. its only on your own land you have liberty and justice, live by your own laws, not a slave to an others laws. all 1/8 acres of land can be tracked on the written world map also with computer. in a town there is a piece of land that for over 20 yrs has had a fence/border/debt illusion around it, destroying anything that could have creatively used it, so retarded. having what they need people naturally help each other! for free. buddha stated; think it you become it, bible states ask and ye shall receive, jesus said knock and the door will be opened. what are you thinking? asking for? what door are you knocking on? all are free to think, ask, knock on any door why do most people do what they do? politicians, artists, athletes, police, army, navy, air force, accountants, bankers, lawyers, drug dealers(legal and illegal) psychologists, criminals, doctors, strippers, secretaries, builders, thieves etc... for shelter and nutrition, especially for their child. man and woman in condo(apartment)jail or with nature? in a apartment/condo; mortgage, condo fees, condo rules, hydro bills, gas bills, water bills, air bills? food bills, fear from bills/debt, hatred etc… corporate jail privilege to live. communism. living with nature; land, fresh air, water, plants, fruit, vegetables, animals, shelter, sun light, water, hydro, fire, feelings, love etc… all free, the land of the free. right too live.

@jackkarpoe6228 11 күн бұрын

CCP: "We're communist, we value the working class and racial equality over megacorporations, trust me bro." Meanwhile their country: *LITERAL NIGHT CITY LEVELS OF DISPARITY*

@dan020350 12 күн бұрын

-.- “ Freedom from the Known “Krishnamurti

@deeprollingriver52 12 күн бұрын

Everyone complains about not enough money. Listen. In case you missed it. Only the rich have enough money.

@Juan-os4hs 11 күн бұрын

Apparently you're not a tankie, because according to them, the rich can never have "enough" money.

@triple_lei 10 күн бұрын

Ran away with the money lol? That's got to be illegal...

@coolco1619 7 күн бұрын

No need to learn driving soon we have FSD cars which will drive you around more safer than your own driving. How cool is that.

@skaggaboom 13 күн бұрын

A terrible case of "Here today, gone tomorrow".

@claucmgpcstuf5103 8 күн бұрын

see wat sep 11 daz .... adn scamre intha perket ..!! fin 2003 but eril wey wars wit a lot of det ... practlicli forece inseivmnet !!! .... veri sad ey ... but slti sao og then gto palnetri surerchi sam haow in a comunis scocalai sitem ey hmmm ?!?!? haw daz tha hapen !