The Chinese government is running out of money and it won't be long before the country's economy comes crumbling down. Protests have broken out everywhere in China, which shows how unpopular China's coveted restrictions have become. After three years of strict covet regulations, local governments are under a lot of financial pressure due to covet expenses like Mass testing. According to the Chinese government themselves, between January and October, local governments spent 11.8 trillion Grand or 1.65 trillion dollars more than they made in Revenue.
Some governments have been selling local assets to pay for the covet expenses. Experts now see government debt rising to 76 percent of China's GDP up from 57 pre-pandemic.
By Stock Chat
where the coffee is hot and so is the chat
Lol. Propaganda standard has dropped.
US economy has run out and we are way past no return.
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They will be fine. They can print more without issues.
76% of GDP? That hardly seems worrisome compared to the 100%-200+% figures for some western nations. I’m no fan of The CCP, but it seems unlikely China’s economy is going to be crumbling down anytime soon.
China running out of the money? Are you sure? The US is in Dept to China for Billions of dollars. Unless the US collapses, China will never go down.
God bless the Chinese people in their fight against the tyrannical government. I hope they topple the CCP and forever banish them from the face of the planet.
41 second video? What happened to the rest of it?
The lockdowns have retarded herd immunity . No vax , no exposure = huge death count .
Who are they selling the assets to?
Couldn't care less.
No they have SELLOUT DEMONcrats helping out.
Fud.
It’s always the hard working souls that suffer, never the leadership..
Didn’t you say China was going to collapse a couple months ago. You sir are full of it. The communist party in China is just fine. I don’t know who is pushing you to make this propaganda but it’s tiresome.
Idk why they care so much
Lol 40% of their economy is a ponzi, but this is still better than the USA at 100%
Nah, this is fine