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Old 23rd Jul 2019, 17:01
  #365 (permalink)  
racedo
 
Join Date: Nov 2008
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Originally Posted by West Coast
IMO, the threat to XI is millions of formally upward mobile, young Chinese dissatisfied with a stagnant or contracting economy.
You think this alone affects China ?

Great Depression allowed Communism to gain significantly in the West.

2008 Recession would have done similar if Central Banks had not magiced up a money tree and spend billions supporting the economy with debt that can never be repaid. Problem is the debt is still there and got worse and you just look at US where Debt is bigger than economy, cutting debt and US is in depression. Watch what happens then.
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