- Sep 5, 2020
Only Exports-imports adds to GDP and not just Exports. The trade surplus of China cannot explain the wasteful, ponzi gdp numbers. The CCP has forced the peasants to part with all their savings for investments into highly risky real estate Ponzi schemes. Look, the CCP goons are A grade liars and cheats - they listed fraud companies on NASDAQ, and cheat on taxes and contracts everywhere they operate including in India. Their entire consulate in Houston, USA was shut down due to stealing IP.In our context we should take a look at Chinas export numbers .. They can't fake that . Let's try to achieve at least 1/3rd of their exports.
In other news
Tell me this: why are Chinese cities ranked at the same level as Indian cities in Mercer Quality of living index, if an average Chinese was so much well off as an average Indian?
In China, nothing belongs to the peasants. Everything belongs to the CCP - the peasant’s savings, social credit, organs, life, spending patterns, homes, land etc. The CCP can simply order banks to confiscate the peasants’ bank accounts like it is happening now and send tanks in to scare the protesting peasants away.
The reality is when we look at the median wages, which cannot be fudged, things become a lot clearer. Median wages in China are about 2-3X India’s wages, and that is the living standard difference. And this is also reflected in real gdp per capita ratio between the two countries. There is a reason 80-90% of the HSR lines in China are running at a massive loss as 90% of the peasants cannot afford these trains. These are all facts and cannot be fudged.