Thanks to dumbass zero Covid policy, life in China has become unbareble to many! Yeah, sure, Shanghai has reopen but still, many are forcefully lock inside their compound until today! Making things worse, China economy is already under recession! Businesses are falling apart thanks to uncertainty of constant lockdowns!
However, in China social media, the gen Z are giving up! After 2 years of Covid, gen Z are now in 'Let it rot' mode! Meaning, for them, current situation will drag on and perhaps this economic fallout will extend for years to come! Like Japan, lose decade, the same is repeating itself in China! The increasingly strict control over chinese China has taken it's toll! For us here, Covid seems like distant memory! Nobody talks about Covid! But in China, the fear remain real, for CCP! One wonders what the heck playing in minds of CCP officials! Why are the so afraid of mild Omicron! Omicron is so mild, getting flu or fever is far worse!
hard to say china tactic is wrong. tobby will blash me china is factory for the world. supply chain will be come a problem and usa will have major inflation problem. maybe democracy country solve this.
wait another 3 to 6 month : will europe country will still unite sanction against russia.? can european pay high oil and gas price and let china, india and other country enjoy discount prices?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Tobby > 2022-06-08 19:27 | Report Abuse
Geopolitics!