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Governor

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Q: What's going through the minds of the Chinese middle class now?

Most of the 'savings' of the ordinary Chinese middle class is trapped in real estate, directly or indirectly. The rich (politically corrupt + business) have already moved the bulk of their money overseas. 50 million condos are empty. 22% of total RE is non-occupied!  Amount of capital (state or otherwise) in non-economic projects-boondoggles are understated. Meanwhile, Chinese projection of military power and subjugation of its own citizens under an Orwellian monster state proceeds at an increasing pace.

 

https://www.theepochtimes.com/renmin-university-peoples-wealth-trapped-i...

 

 

23 weeks 2 days ago in  Housing - China

 
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Governor

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Especially now that the US of A is in control by the biggest security threat it has ever faced. An enemy from within. America's top military leaders have resigned, along with the best people that could lead the States. All of this will cause other countries to missjudge the US and go to war. Nobody did anything when the Russians waltzed into Crimea. It wasn't really possible for the west to do anything anyway. This will also be the case close to Japan. And lets not forget that someone may be looking for payback (circa 1930s). The problem is when someone attacks the US thinking that the Americans are weak. That happened in 1941.

We know the result. But today, someone will use an ICBM to prevent the Americans from winning again. In that case humanity will cease to exist. 

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23 weeks 2 days ago
 
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Emperor

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Taiwan strait ...

 

President Xi Orders Chinese Army To "Prepare For War"

 

"China is increasing its military training so that it has the best solutions for the worst outcomes, either related to the US or across the [Taiwan] strait."

 

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23 weeks 2 days ago
 
Posts: 809

Governor

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Especially now that the US of A is in control by the biggest security threat it has ever faced. An enemy from within. America's top military leaders have resigned, along with the best people that could lead the States. All of this will cause other countries to missjudge the US and go to war. Nobody did anything when the Russians waltzed into Crimea. It wasn't really possible for the west to do anything anyway. This will also be the case close to Japan. And lets not forget that someone may be looking for payback (circa 1930s). The problem is when someone attacks the US thinking that the Americans are weak. That happened in 1941.

We know the result. But today, someone will use an ICBM to prevent the Americans from winning again. In that case humanity will cease to exist. 

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23 weeks 2 days ago
 
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Emperor

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I think the average Chinese person probably still has faith in the party to keep them prosperous and achieve the Chinese dream - whatever that is.

 

The party is very good at manipulating opinions via the media and it's not like most people can get on google and see a different perspective. And I don't think Chinese really even question the narrative much, even if they do have the means.

 

As far as the average Zhou is concerned when something bad for China happens it's the fault of the West (America) who are jealous of China's prosperity and 5000 year history and so they try to keep China down.

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23 weeks 2 days ago
 
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America seems to have a different definition of middle class than the rest of the world. I am white collar working class. It seems anyone in America not on food stamps is middle class.

I am with John Major, the Tory who followed Thatcher.. work towards classless society.

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22 weeks 4 days ago
 
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