Why China's economy is worse than you think (the three "Ds")
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China's economy may be at the point of no return, and it's got everything to do with the three "Ds". Two of these I've spoken about before in some detail, but the third almost nobody knows about.
You've probably seen a lot of videos floating around lately about China, and how it's on the verge of economic collapse, or that a crash is imminent. Sure, some of these claims may be a little far-fetched, but as a whole China's economy isn't anywhere near as strong as you might think.
The first part of this has everything to do with debt, much of which is a result of the global health crisis of the last few years. The second is the nation's strict lockdowns that are still continuing. But the last part is a massive drought, which threatens China's economy even worse.
I'd love to hear your thoughts below, or some of the price increases China's problem is causing to us.
0:00 - China's economy is in serious trouble
1:07 - The first D: Debt
2:07 - The second D: Disease
3:54 - NordVPN
5:17 - The third D: Drought
6:13 - How China's economy affects us
7:20 - Some final thoughts
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*We may earn a commission if you buy any products or services via the links in this video's description. This video is not investment, financial, or legal advice. It may be incorrect, outdated, inaccurate, or reflect personal opinions. This video is for entertainment purposes only.
Presented by Sorelle Amore.
Written by Leon Hill.
#ChineseEconomy #China #XiJinping
? OUR COURSE/MEMBERSHIP: http://jointheorder.co/
? JOIN OUR CHANNEL (get perks): https://bit.ly/3e1Mhso
China's economy may be at the point of no return, and it's got everything to do with the three "Ds". Two of these I've spoken about before in some detail, but the third almost nobody knows about.
You've probably seen a lot of videos floating around lately about China, and how it's on the verge of economic collapse, or that a crash is imminent. Sure, some of these claims may be a little far-fetched, but as a whole China's economy isn't anywhere near as strong as you might think.
The first part of this has everything to do with debt, much of which is a result of the global health crisis of the last few years. The second is the nation's strict lockdowns that are still continuing. But the last part is a massive drought, which threatens China's economy even worse.
I'd love to hear your thoughts below, or some of the price increases China's problem is causing to us.
0:00 - China's economy is in serious trouble
1:07 - The first D: Debt
2:07 - The second D: Disease
3:54 - NordVPN
5:17 - The third D: Drought
6:13 - How China's economy affects us
7:20 - Some final thoughts
► IMPORTANT LINKS:
Enter your email via the link below for free weekly lessons and insights into becoming financially free, investing, global tax and corporate structures, passports, residencies, and more.
JOIN: https://www.abundantia.co/
► SOCIAL MEDIA:
• Abundantia Instagram: @abundantia.co https://www.instagram.com/abundantia.co/
• Sorelle's Instagram: @sorelleamore https://instagram.com/sorelleamore
• Leon's Instagram: @leonhill https://instagram.com/leonhill
• Abundantia Twitter: https://twitter.com/abundantiaco
• Abundantia Facebook: http://facebook.com/abundantiafinance
Sorelle and Leon.
Founders, Abundantia
Liability Disclaimer: https://www.abundantia.co/disclaimer
*We may earn a commission if you buy any products or services via the links in this video's description. This video is not investment, financial, or legal advice. It may be incorrect, outdated, inaccurate, or reflect personal opinions. This video is for entertainment purposes only.
Presented by Sorelle Amore.
Written by Leon Hill.
#ChineseEconomy #China #XiJinping
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