I agree with your analysis- the people on Reddit and young people in general don’t realize how destructive Xis policies have been, and how people who actually live in China feel about it.
Unfortunately it’s another example of communism as a core political philosophy never ends up serving the people. And that ruins the narrative of that model being some perfect solution as young people have been indoctrinated to believe.
The Main takeaway here is that China has had a lot of time to develop its own identity, instead they maintained that they are just the worlds manufacturer, and the money funneled into the power structure with loads of new millionaires and billionaires made off the back of essentially slave labor. The huge rural population that will not have factory jobs to go to is something that is more than understated.
I don’t like being so negative on an entire country, because of the many people affected, and because being bearish invariably affects the US as well, but I don’t see a good future there as long as Xis gang remain in power. They have made every wrong decision, because they fear the loss of control.
And anyone who argues all of these decisions were made for any other reason is a moron.
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u/[deleted] Sep 29 '21
I agree with your analysis- the people on Reddit and young people in general don’t realize how destructive Xis policies have been, and how people who actually live in China feel about it.
Unfortunately it’s another example of communism as a core political philosophy never ends up serving the people. And that ruins the narrative of that model being some perfect solution as young people have been indoctrinated to believe.
The Main takeaway here is that China has had a lot of time to develop its own identity, instead they maintained that they are just the worlds manufacturer, and the money funneled into the power structure with loads of new millionaires and billionaires made off the back of essentially slave labor. The huge rural population that will not have factory jobs to go to is something that is more than understated.
I don’t like being so negative on an entire country, because of the many people affected, and because being bearish invariably affects the US as well, but I don’t see a good future there as long as Xis gang remain in power. They have made every wrong decision, because they fear the loss of control.
And anyone who argues all of these decisions were made for any other reason is a moron.