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China Is Sinking Deeper In Debt to Save Its Economy (Patreon)

Published:
2022-09-01 02:29:59
Imported:
2026-06
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This really can't last much longer.

—Chris

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China Is Sinking Deeper In Debt to Save Its Economy

China's economy is not doing well, in large part because companies over-leveraged themselves. Instead of getting back on a sound financial footing, focusing more on actual revenue and less on borrowing though, China is using more loans to duct tape the economy together. In this episode of China Uncensored, we look at how China is sinking deeper into debt to save its economy, how it got so bad in the first place, and why stopping China's zero covid policy would greatly help, but won't happen any time soon. People Have Stopped Paying Their Mortgages—China’s Real Estate Crisis https://www.youtube.com/watch?v=dAC16SWDGto&ab_channel=ChinaUncensored YouTube demonetizes our channels, we need your support! https://www.patreon.com/ChinaUncensored https://chinauncensored.locals.com We also accept bitcoin! https://chinauncensored.tv/bitcoin Buy our merchandise! https://chinauncensored.tv/merchandise Make sure to share this video with your friends! ______________________________ Subscribe for updates: youtube.com/ChinaUncensored?sub_confirmation=1 ______________________________ Twitter: https://twitter.com/ChinaUncensored Facebook: https://facebook.com/ChinaUncensored Instagram: https://instagram.com/ChinaUncensored And check out the China Unscripted podcast! https://youtube.com/chinaunscripted #China ______________________________ © All Rights Reserved.

Comments

D

Why doesn’t their president just cancel all debt?

Ian Pendleton

That would be admitting that there's a problem in the first place, which would make Xi look like a bad leader, a weak leader, or both. He's also trying to ensure that he can remain in power for possibly the rest of his life. Now's not a great time for him to admit to the country having problems that cant be fixed. And even if Xi were to cancel all the debt, that wouldn't solve anything, at least not in the long term. It'd just kick the can even further down the road, and the CCP is rapidly running out of road.

Ian Pendleton

Just in case you need more questions, I have a couple that are mostly unrelated to this episode's subject. Question 1: Would it be a good idea to sell MOABs to Taiwan's military? Question 2: Do you think any of China's provinces will start looking to succession from the CCP as a way to possibly deal with all the problems they have?

Preston Phelps

Chinese people will never revolt. Look at the past famine ,purges , repression. The CCP can essentially do what they want .

Tony Chopkoski

Sounds like Xi is as clear headed on economics as Biden is...

timuka venables

Chris, could it be that China's upping the rhetoric and saber rattling on Taiwan is nothing more than a distraction tactic to turn the focus of domestic public opinion away from the drought, financial meltdown and ludicrous zero Covid policies? The CCP is running out of demons to blame and or options, short-term or otherwise.

droidward

Hey Chris, who in China decides what exactly triggers the lock down of a city? Xi alone? The central committee (how many people is that)? Local CCP officials? And why is China having such extreme lockdowns even though it seems to be seriously damaging the economy? Is Xi a hypochondriac? Is the CCP prepping its population for extreme defensive measures against genetically engineered germ warfare? Are the lockdowns due to traditional Chinese hyper filial piety (gotta protect the oldsters, no matter what)? Are the lockdowns due to the fact that CCP vaccines are not effective? Are the lockdowns primarily just an excuse to tighten the CCPs totalitarian control of the population? Are the lockdowns due to sheer incompetence, irrationality, and poor judgement within the CCP?