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You do realize that some people have been saying almost exactly what you said since the late 1990's, right? Sort of like some folks have been predicting the c
by rmah 6y ago
You do realize that some people have been saying almost exactly what you said since the late 1990's, right?
Sort of like some folks have been predicting the collapse of the US economy due to Federal Reserve policy for the last half century. Either way, the economy of china is structurally quite different from the US or EU. The role of public (and some "private") debt there is different. Which is not to say that they don't have problems -- they have lots of problems. But saying "the Chinese economy is effectively a huge bubble fed by monetary stimulus" is just wrong.
As for "increasingly becoming aware of the corruption in its government"... that's not really true simply because everyone has been aware of it for literally a thousand years. The corruption is sort of background noise there, it is essentially expected. The question most people ask is instead more like, "is there more or less corruption now?" "is the corruption more or less harmful?"
Finally, I don't know where you're getting the idea that the "the number of conflicts between the population and the PCC has progressively been escalating". If anything, the gov of china is more respected inside China now than ever before. I suspect it's mostly because of their aggressive response to covid. Which they never tire of letting everyone in China know about. Short term, at least, the CCP's power inside China is quite secure. Long term, who knows.