Psst….China’s Economy is Collapsing, But Don’t Tell Anyone
Posted by w_thames_the_d on June 27, 2012
The King nailed this summary. It would make sense to check out each url in detail.
From the point of view of an insider, things are looking bleak in China. I do not mean that people are dying in the streets, but there is a marked downturn in the economy- imho.
For countries like the US or those in Europe, a downturn, but they have social security measures to ameliorate this effect. China, however, does not. This does not portend well for the people nor the chicoms in charge
The chicoms have no legitimacy, by this I mean they are not voted into power. Each generation of communist either purchases their positions or obtains them due to bloodlines. Consequently, the chicoms have to find a way to justify their rule and existence. Thus far the chinese have tolerated communist rule for two main reasons. 1- The chicoms have them convinced that if the commies uwere not in power this place would be utter chaos, just like it was in 1966-76, oh but wait, weren’t the chicoms in charge then? But I digress.
The chicoms chiefs have brainwashed the ignorant into believing no Mao no China and no communism no China. The communists play up the fear of foreign evil doers and how the communists have kept them at bay. Secondly the chicoms claim that due to communist mastery of business, this place went from a Fred Flinstone era shithole, to a modern day shihole. Most chines would say ‘yeah china is a shithole, but at least we now have private toilets.” Thus uncle chicom claims that he should maintain his reign due to the economic benefits he brings.
But now things do not look so good. According to the chicoms inflation is under control, maybe its 2-3%. But just today, for instance, I bought some things at the store and low and behold, foodstuffs costing 6 RMB just a week ago, are now 6.8. Aside from this fruits and veggies are up to. If its true that the typical Chinese consumer spends half of his income on food, then this place is really screwed.
Aside from this, each year ten million chinese graduate from colleges, granted, those colleges suck and thus the chinese have learned nothing over the four years, but that is beside the point. Those Chinese, who have invested four years in boredom at the hands of ignorant profs want jobs, and not $100 month jobs. But only those are available to them. In the near term this may not be a big problem, after all, the one child duds can go to grad school and such. But eventually when you get a build up of masters degreed one child duds chasing so few jobs, things are goring to get ugly.
The result will be mass dissent. Throw on top of this hundreds of millions of villagers with no cash and only time on their hands, and you can see what will happen in China. My prediction is that the chicoms will keep a tight lid on things till after the leadership chinage in october. they will beg borrow and steal, but after that, imho all hell is going to break lose.
From the Kingest of them all
http://www.theepochtimes.com/n2/china-news/chinese-tv-host-says-regime-nearly-bankrupt-141214.html
In the political warning “1984” Winston Smith, a party drone (much not unlike most .. All Chinese males), Works a shitty job with the minstry of truth, aka CCTV here in China. Until he grows a braincell, and rationals, that 2+2=4 or freedom is the freedom to say 2+2=4. Which in in language of the party it doesn’t it could mean 5 but in science and physics it must adhere to this law of reality….
now then, taken the reality of China’s economic Woes, Since the party established, or even contemporary 2008-now. China has been on a slipper slide made of poo juice, into the Hades well of souls, into a river made of poo juice (aka Pudong river, or the River Styx). Numerically the party pulls a winston smith and says the GDP was at 15, 14, 13, 12, 11, 10, 9, 8, 7. %GDP, when it in reality has contracted to 6% China is now forced to not play these torturous games and torture people to say 2+2=5, but now must face reality and realise that 2 squared= fuck you stinky. Drat… looks like Wtd’s prediction of 5 years, is more real.
People are jaded, youths write very dirty stuff cynical stuff, against the Red nobility. Hong Kong’s “Locust World” describes China perfectly. Even the MARKET numbers conspire against China, with an errie reminder of that which must not be named. Fuck you China….. fuck you PS
Chinese gold is really Tungsten. Most definatly some other material that’s not gold. Have fun China. Enjoy the less that 100 that your boys took from me, when being pressed for defending myself. I’m off to watch Hunger Games for some Jail bait chick with red hair.
PPS What then is REALLY keeping China alive? Japan’s 52 Billion dollar (in total), humanitarianism, that’s what. They honestly are humane and civilized enough, to actually ah fuck it. fuck you China. Japan honestly, stop giving China aid. *looks at Hong Kong*.
vanoc1 said
I hate China. I wish I was back in Canada. I miss shoveling snow and smelling that clean smell spring meltdown, when snow turns to rain, and everything smells sooooo CLEANNNNN. I hate China. I’m never coming back. Even if Jesus my God begs and begs, that I’m the ONLY person who can reach (heart to heartly) a wayward youth… I’m still not coming back.
wtdevflnt said
I miss being around humans.