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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...

 

 

1 week 6 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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1 week 5 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."

 

icnif77:

US To Hold "First-Ever" Missile Drill On Japan's Okinawa

 

The war exercise would fortify the island with possible truck-mounted anti-ship cruise missile systems seen as a countermeasure

 

  • surprise

 

1 week 5 days ago
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ambivalentmace:

The former vice president Joe Biden stated in an interview one time if things got really bad in the SCS that America could arm Japan with nukes in 30 days or less. If the flunky vice president who only attends funerals is saying this, the policies and plans are already set up to make it happen if necessary.

1 week 5 days ago
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3 days 21 hours ago
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1 week 5 days ago
 
Posts: 774

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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1 week 5 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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1 week 5 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.

diverdude1:

well,,, that sure came out of nowhere....

..... oops,,, my mistake,,, you are referencing the OP.

1 week 12 hours ago
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ScotsAlan:

Yup.. OP.

4 days 9 hours ago
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Quinn68:

"Pew defines the middle class as those earning between two-thirds and double the median household income.This means that the category of middle-income is made up of people making somewhere between $40,500 and $122,000. Those making less than $39,500 make up the lower-income bracket."

 

In my state food stamps were replaced with what's called an "independence card" complete with an American flag on it so it looks less stigmatizing for the recipient. God forbid we hurt their feelings and make them feel marginalized.

3 days 23 hours ago
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ScotsAlan:

Yeah, God forbid that ppl picking amazon parcels feel stigmitised that they need food stamps to survive. Corporate welfare and all that.

3 days 14 hours ago
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1 week 12 hours ago
 
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