The Truth About China’s Economic Slowdown (Revealed in the Data)
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Top Comments (10)
When you have an economy that depends on consumer spending, then people need to have money and jobs to earn and spend it. Every company in the world wants to use AI and Automation, not to pay the workers and every central banker, government lacks fiscal discipline to spend the existing money wisely. They keep printing the money. It is double whammy for someone who trusted this system. The only thing everyone who trusted this system is not to do anything and just spend live your lives on your own terms. Just don't give crap about anything and start people to people (peer to peer) communication, transaction rather than just trusting these big banks and institutions.
"The signs are starting to show" J.F.C. ! that is the understatement of the decade ...
Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/81b91b WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
The scam bots are going nuts in the comments section 😂
My cousin from China, aged 19, told me that youth unemployment in China last year was 50%. You now need a Master's Degree to work in Burger King. His family moved to Malaysia two years ago to escape the doldrums in China.
Who would have thought that if you dont pay ppl a living wage, they would not have enough to spend
MINORITY MINDSET FOREVER!!!🥳🥳🥳
Beautiful message ❤❤❤❤❤
Demand determines price. Not tariffs.
Thank you for your precise and succinct explanation here Jaspreet. Even for a non economics expert I was able to understand it well. Keep up the great work sir!!
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Top Comments (10)
When you have an economy that depends on consumer spending, then people need to have money and jobs to earn and spend it. Every company in the world wants to use AI and Automation, not to pay the workers and every central banker, government lacks fiscal discipline to spend the existing money wisely. They keep printing the money. It is double whammy for someone who trusted this system. The only thing everyone who trusted this system is not to do anything and just spend live your lives on your own terms. Just don't give crap about anything and start people to people (peer to peer) communication, transaction rather than just trusting these big banks and institutions.
"The signs are starting to show" J.F.C. ! that is the understatement of the decade ...
Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/81b91b WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
The scam bots are going nuts in the comments section 😂
My cousin from China, aged 19, told me that youth unemployment in China last year was 50%. You now need a Master's Degree to work in Burger King. His family moved to Malaysia two years ago to escape the doldrums in China.
Who would have thought that if you dont pay ppl a living wage, they would not have enough to spend
MINORITY MINDSET FOREVER!!!🥳🥳🥳
Beautiful message ❤❤❤❤❤
Demand determines price. Not tariffs.
Thank you for your precise and succinct explanation here Jaspreet. Even for a non economics expert I was able to understand it well. Keep up the great work sir!!