Watching China Melt Down

sota

Member
yea, but where are you seeing these "folks on the ground" reports?
or are you stating you have personal contact with people in china right now.
 

theotherwaldo

Well-known member
There is still a lot of reports coming out from China that get reposted on sites here in the west.
Some are more accurate than others, of course, and some get censored on this end.
YouTube is one of the worst at this.
Still, sites like China in Focus, Spotlight on China, China insights and a number of others can be a bit revealing.
 

theotherwaldo

Well-known member
It seems that the Chinese IRS employees have been joining the White Paper Rebellion, since they haven't been paid in about a year.
Just like most of the rest of the government's employees.
Also, benefits for the common retirees have been rather drastically cut.
Many have been returning to field work to stay alive.
Oddly, those that retire from the Central Committee never miss a paycheck... .
 

theotherwaldo

Well-known member
Wall Street is wondering why crude oil prices are dropping.
They seem to expect China's economy to come roaring back, starving for oil.
Folks, China is freaking BROKE!
Their factories are shut down, their container ports are crowded with empty containers and their factory workers are starving and protesting in the streets.
Sorry, Beijing Biden.
China is not going to rescue you from your economic fumbles... .
 

theotherwaldo

Well-known member
China is now clamping down on farmers and farming.
They have created the Farm Police, armed and armored them and set them to enforce a huge array of licenses, regulations and permits that have been forced upon the farmers.

In many areas, the Farm Police outnumber the farmers.

These Farm Police are doing what Chinese police usually do, shaking down the farmers, stealing their produce and cattle. threatening them and their family members with physical harm and taking away their permission to farm if the farmers make any objections.
Functionally, they are government-supported bandits or gangsters.

By the way, the average farmer is in his or her 60's.

Young people are discouraged from getting into farming.
Instead, the younger folks are pressed to move into the cities to become factory workers or something else 'modern'... .
 

theotherwaldo

Well-known member
Right now, thousands of working-age (read: military-age) Chinese men are preparing to rush the Texas border this coming week.
I guess that this beats starving outside the shut-down factories of China (or trying to wade ashore on Taiwan...).
 

theotherwaldo

Well-known member
The Chinese have started executing folks for copulating with too many other people.
It's called 'hooliganism'.
They just take them out into a field and shoot them... .
 

theotherwaldo

Well-known member
It's reported that there are no operable cargo ships in Shanghai.
The port is apparently completely shut down.
Nothing in, nothing out... .
 

theotherwaldo

Well-known member
The Chinese press was trying to do an up-beat report about the port of Shanghai and found that they didn't have a single ship in port that was operational to use as a backdrop and prop.
The rust-buckets waiting to go to the scrapyards obviously wouldn't do.
They had to hire a Taiwanese ship to enter port and be used for this purpose... .
 

theotherwaldo

Well-known member
China is now having a huge food problem.
Much of their wheat is rotting in the fields because of bureaucratic blunders and late rains, their largest granaries were flooded out because of the said late rains and a typhoon, the Ukrainian corn purchase was destroyed by the Russians, roughly one-third of their fields are too toxic to be safely farmed, their seed grain is about 20 years less advanced than the Western growers (and thus less hardy and productive) - and - three quarters of their corn goes to feed pigs and other livestock.
BTW, they had a major project that was supposed to turn non-grain-producing lands into rice fields.
They bulldozed orchards and other productive lands - some still bearing unharvested fruit and vegetables - and turned the land into soil-bermed rice paddies.
Then came the rains.
Now the topsoil, rice seedlings and berms have been washed into the rivers, contributing to China's flooding problems.

But- help may be on the way - sort of.
Mexico, America's number two trading partner, is banning import of GMO grain as of this year.
This should provide a surplus of exportable grain.
Also, Argentina is beginning to put in a planting of corn after they harvest their soybean crops.
China is really sucking up to Argentina right now.

So, hard times are coming for China.
Then again, hard times are coming for most of the world... .
 

theotherwaldo

Well-known member
-And now China is slipping into a deflationary period.
Consumer prices are falling because of a lack of foreign and domestic demand.
Chinese businesses are shutting down, unemployment is rising, incomes are shrinking, so consumer demand is shrinking.
This leads to reduced taxes that will fail to pay for governmental indebtedness.
A vicious cycle that is hard to break, especially for a government-controlled economy.

Much like America is developing... .
 

theotherwaldo

Well-known member
-And now the Chicoms are arresting/disappearing folks for publicly grieving over the deaths (or disappearance) of loved ones.
Keep smiling, everyone!
 
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