Redditer: Trump's Visit to China after a decade shows the superiority of the American system

[Tree]

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Trump's Visit to China after a decade shows the superiority of the American system​

In the past 10 years, USA per capita gdp has grown from 60k usd to 94k usd today. While china has only grown from 7k usd to 13k usd today.

The american system is far superior to the chinese one in every way, from legal, governance, economy, military, etc.

10 years ago the chinese earned a median income of maybe 150 usd and the americans 3500 usd. today, the chinese earn a median income of 250 usd and the americans 5k usd, surpassing china by over 20 times!

china is polluted, poor, corrupt and 30 years later will likely remain barely 5% of Singapore USA standards.

I am proud to be a citizen of the great state of Singapore

https://www.bbc.com/news/videos/c707xn4ew3po

Beijing has been poor and dirty for centuries


peak china is already over btw. official forecasts there shows slowing growth. the ccp model of selling land to boost gdp has become unsustainable. young people there cannot afford property. they often pool money with 12 other family members just to put down the deposit for a lousy quality flat there that leaks water and has appliances that explode annually.

the property bubble comprises one third of their gdp and will eat into their consumption. businesses are closing en masse there and unemployment is crazily high. foreign fdi has plunged and china is firmly in the middle income trap.

i foresee next few decades we will see their median income stagnate, there will be deflation and stagflation and an L shaped long term recession.

civil riots and violence is very likely.

best to avoid investing or traveling to china in my view

 

[Tree]

 

[eatshitndie]

ccp demographic demolition is their worst enemy. within a decade their population will be down to less than a billion and 69% of their population will be old, retired and unemployed. ratio of men to women will be 6.9:1. reproduction will be 0.69%. domestic economy which relies on younger consumers and growing population will decline precipitously by 69%. ccp will rely on sexports to sustain the overall economy, using robots and automation to cut cost and prices so as to dump products on the world market to earn foreign sexchange and kill the global competition. health of the average tiong will decline as it gets more sexpensive and sexclusive to serve a swelling geriatric demographic with many malnutrition and disease-prone cases among unhealthy youth which is already in the minority, i.e. the young will die off younger for lack of jobs, income, healthy and nutritious food, support, healthcare. all tiongs will be threatened by carcinogenic effects from unregulated, unsupervised, unenforced use of banned chemicals and toxic compounds in the food and beverage supply chain, meaning most will get cancer and die off or worse acutely impact the healthcare system. a billion robots will replace tiongs to keep a semblance of fake population growth in order for provincial and county govs to sextract continuous increase in funding from the clueless or pretend to be clueless central gov as funding all around feed the gov corruption racket.

 

[syed putra]

USD basically a ponzi economy. All focus on crypto and over valued stocks.
They cannot even build warships anymore. New frigates will come from Italy and repairs will be done in South Korea and Japan.

 

[syed putra]

The new airforce trainers are Swedish design. The Navy may choose trainers from Italy same as used by SAF.