Tuesday, August 23, 2022

yet another prediction of Chinese economic collapse in September

While I see a lot of videos coming out about China's imminent economic collapse, I have to wonder whether any of the data coming out of China are reliable. That said, here's another video predicting that the Chinese economy will be caving in next month:

I don't actually wish ill upon the Chinese people, but I'd be happy to see the Chinese Communist Party crumble under the weight of its financial ineptitude (fat chance if the people remain too afraid to rebel). That said, with the US economy also spiraling downward thanks to incompetent leadership, I don't stand on any sort of moral high ground. In reality, it'd be better for the world economy to have a strong, healthy China (and America!), but so many nations, these days, are in the grip of a suicidally leftist ideology that is causing nations to self-strangle. And there seems to be no cure for this. 

Maybe it really is time to become a prepper.



2 comments:

Drago said...

I'm going to have to guess no. You can't buy a bus ticket in China without a proper social score. They crushed Hong Kong despite all their promises and they are flooding the US with drugs. Seems like they are doing just fine as I look for US made products.

I'm not a PRC fan in any way.

Kevin Kim said...

Yeah, you may be on to something. I guess we'll know more by about mid-September.