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We share the same direction of thinking. I think China's greatest threat comes from within. And the brinkmanship is at supply-side structural reform VS unemplo
by cltsang 6y ago
We share the same direction of thinking.
I think China's greatest threat comes from within. And the brinkmanship is at supply-side structural reform VS unemployment.
The risk has never been this high, given
1. belt and road initiative is already half-busted
2. drastic drop of foreign demand due to pandemic
3. cry for decoupling from all wealthy nations
And see this: https://www.youtube.com/watch?v=6Q8oQGBcFdo https://www.youtube.com/watch?v=6Q8oQGBcFdo
My point is: the Chinese government has been trying to tell people that they don't need to work in the city. They could work in a rural farm and lead a simple life, albeit earning close to nothing.
- ladyanita22 6y agoIn the end that's how dictatorships die.