Consumption Slumps, Brick and Mortar Stores Close, Where Has People's Money Gone?

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The main content of the program:
0:00 Intro
0:59 Foreign businesses are accelerating their withdrawal, and numerous job opportunities are disappearing. Civil servants and workers are struggling to survive
5:41 99% closures? The live streaming industry faces major setbacks as e-commerce companies run away, The wave of closures begins!
10:45 Consumption Slumps, Brick-and-Mortar Stores Close, Where Has People's Money Gone?
14:34 Jiangxi Bank's collapse caused depositors to rush to the bank demanding their money back. A series of banks in China are dissolving
18:13 Over 17,000 Cases of Corrupt Officials Investigated in One Month. Is the CCP Looking to Fill the State Treasury Deficit?

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The most amazing about this, for me in the USA, is how this is not reported on n the major media outlets. This is the most important economic development in the world today, yet most Americans don’t even know about this.

davidofglenbrook
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POOH & FRIENDS outstanding & brilliant leadership

RobertMuñoz-wo
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All money gone to rich people's bank accounts

tswvxyastswvyeej
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Real picture cannot keep under carpet for long time.truth will prevail.

dwijenchoudhury
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Chinese can’t afford to pay but I don’t want to buy due to bad quality and I don’t want to throw away more rubbish in our landfill. 😂

susiekopp
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I’ll tell you this Chinese here in America been calling me at my house wanting to buy my house and they can barely speak English but my house is a investment in me payed it off 5 years ago and I hope and pray I will never have to pay a mortgage or rent for as long as I live

hermanrogers
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An economy can only withstand a limited amount of corruption.

veramae
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Now china is in big terrible situation.. because..the Lear's there is curraption..most..
And also the disaster now approsing..flood landside.. sinkhole..this is happening now.. god fanishing them...but the inosen people..sad for them.only god know..give them..save them if leader's change there attitude...

ButchPadua
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Those memeber become members has one goal in their life. To get as much as they can, to give to their family, to invest their luxury life, to open bank accounts in other countries (hide money), etc.

BobbyLoo-jrys
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It’s really bad if civil servants (masters) are being fired and laid off!

Paul-zfob
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How cliche waving a fist in the air speak to express anger

teddyflowers
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Most of their products are just substitute and are if poor quality.

DayLag-ecij
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Let me check the couch. Nope, not there.

Limewire
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Well the truth will be out Monday when markets

paulcoverdale
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It's really simple, people who produce more than they consume are assets, people who consume more than they produce are liabilities.
80% assets can easily cover 20% liabilities, 20% assets CANNOT cover 80% liabilities. People who make no more than enough to support themselves but still takeup space and use infrastructure are themselves liabilities (albeit, fairly neutral liabilities).

The entire CCP is a liability that consumes several times it's population percentage of assets while actually destroying assets by doing things like paving over farm land.

Stephen-crsc
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If the CCP takes credit for China's growth, they have to take credit for its contraction!

GeoffreyBrown-hqvm
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Temu is still supplying goods. Got my shoes and clothes yesterday.

waichong
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Let's just call it "The Great Depression" and try to move on.

dougsheldon
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"Common phenomenon"? Is that even posible, by definition of both words?

ckandmp
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Why is it that amid all these reports of downturns China continues to show GDP growth and rising investments in Africa and Latin and South America?

meeradad