China's People are Losing EVERYTHING - Things are Getting Desperate!

[@HKGGweilo]

We lived in Hong Kong since 1970, worked, saved and invested only to lose everything to the CCP in 2019.

[@user-tb7ml8kz7h]

??? You KNEW the CCP was coming. You KNEW how bad things are in mainland China under the CCP. Yet you decided to stay anyway? It is like moving to live in a hurricane-prone area in the US, and then complaining that "the hurricane destroyed my house!"...

[@EmpireOfLuciferSatanson666]

Investing into Mainland China is like willingly walking into a Nazi gas chamber.

[@rayvanwayenburg998]

Lost to the CCP? Do you mean a developer?

[@johnle231]

Sorry to hear it

[@photosalbum7047]

@@rayvanwayenburg998that means they have to leave everything behind to get out of HongKong.

[@this_isntmyname]

And when you do actually get the property, you don't "own" it and are technically only leasing it for 70 years... if it doesn't disintegrate in the rain and fall collapse

[@briandstephmoore4910]

These “new” properties it’s more like 40-50 years because most of these take 10-20 years to complete and all that time counts towards your life lease

[@moon_knight8578]

the 70 years for the land leased to the developer from the gov, people purchase a lease on an apartment from them. that can be a lot less then 70 years.

[@MsWinterlife]

Most people in China are well aware of this condition, it’s not like everyone was ignorant or deceived. The reason that the people don’t seem to mind paying big sums for a “lease agreement”, is that the Chinese government has a well established track record for legitimising practices after the facts. So what the Chinese public is doing, is basically betting on the government’s changing the rules when the 70 years have come and past, to the effect that people would be allowed to finally own the property they had previously “purchased”. Many people simply refuse to believe that their government would take possession after the 70 year lease ends, evict them from their homes, and sell those properties all over again with a new lease. Instead, most believe that their government would instead pass new rules to recognise property ownership just before the lease term ends, and so they act accordingly by assuming they have perpetual ownership even though the contract only says lease.

[@floxy20]

Peoples' time horizon does not extend that far. I can remember people at my office not even considering the possibility of the year 2000 happening. This was in the 1980's.

[@NGC-gu6dz]

In the US, you are effectively paying the lord of the land by way of property taxes to stay on it. Fail to pay the lord you get evicted. A middle class 3 bedroom on long island, you're talking $1300 per month.

[@abcdef27669]

“You will own nothing, and will be unhappy” should be the new CCP motto.

[@chuyeeyang9881]

Everyone is happy in a communist utopia. lol

[@killmozzies]

I thought it was for the last 20 years.

[@jussikankinen9409]

Says american who think money is god

[@kuotovjogg6752]

@@jussikankinen9409only a small percentage of Americans have money

[@calus_bath_water]

​@@jussikankinen9409 how do you know they are American?

[@peterlawrence3152]

From the outside we could see the bubble was going to burst thanks to you gentlemen and channels like China Uncensored.

[@admiralradish]

Stability Maintenance Forces ....yeah that doesnt sound dystopian.

[@bloodlustshiva1]

About the only use their Temu tanks will ever see, tormenting their own people.

[@MultiSteele14]

I can never understand paying for a promise house ,not a finished one

[@matthewsaari6577]

The US has the same process if you have a home built. However that's because people can be fairly confident it will get completed. Also construction loans generally only make you pay interest while it's in construction you don't have to pay principal. Making it a bit easier to afford.

[@user-tb7ml8kz7h]

It is often way cheaper... And idiots got to idiot...

[@Imissnormal]

​@@matthewsaari6577 though plenty of people have been scammed this way.

[@kinggamerz2838]

​@matthewsaari6577 and not only that you can sue the shit out of a company in the usa if they tried this shit

[@freedmanjoshua]

People will take loans and push up prices as long as lenders offer financing. Paying interest on a property that is being built and misses deadline is insane. Want to fix the problem? The buyers should be able to go after the builders. But they don't allow it.

[@admiralradish]

When there are no rights there are no wrongs a government or corporation can do to you.

[@sunriseboy4837]

Very perceptive!!!

[@endcensorship874]

And when you realize the hate toward Japan, this makes sense. The official hate directed to the approved enemy, distracting from the failures of the CCP.

[@DanielDeBenoit]

The Communist regime of China uses two methods to achieve world domination: attitude toward the wider world: divide to better rule, CCP China is behind most of the world's major conflicts and also kindling disunity in its "enemy countries", and internally it is putting all blame on the US and Japan instead of admitting that all hardships and disasters are basically homemade thanks to poor policy and lack of caring for the wellbeing of the people

[@winstonsmiths2449]

China remembers the atrocities committed by Japan during the war. It probably is a useful distraction for the CCP, but Japan was absolutely barbaric during WWII.

[@endcensorship874]

@@winstonsmiths2449 Yes, it was. Probably worse, in many ways, than what the Nazi's did.

[@andromedamessier3176]

@@winstonsmiths2449 mao thank japan for invading China. They conveniently erased that part from their education. What japan did is horrendous, but these anti japan stuff are a deliberate engineered hate. South korea also hate Japan but not at this level.

[@Anthony-jo7up]

​@@winstonsmiths2449Okay? America dstroyed Imperial Japan and liberated all of China in World War 2, then uplifted 800 million Chinese out of poverty. China directs hate to America just as much as Japan.

[@Legomanfred]

Its been rebranded "Nevergrand" 😡. Great video guys. Sad really. 🤔👍

[@Sebastian-hc8rj]

I Have some Collegues and family members that always say stuff like: '' Atleast the Chinese get stuff done! Our Trains dont ever come on time! '' Maybe but they dont Crash! And our Houses dont Collapse! A Construction on the Freeway takes 3 Years here but alteast our German roads dont Collapse!

[@KawaiiCat2]

We had land there for generations and the CCP just started developing there a few years ago. They took our land. We had ancestors and family members buried there that they just moved to some other cemetery. Breaks my heart 😢 💔

[@kathyhallock2528]

Buildings made with such shoddy construction I wouldn't dare to move into one of them!

[@christophernuzzi2780]

This is what happens when governments have zero accountability.

[@ethericbliss23]

@02:00 have to show ID just to get a banner printed? Yo... !! o.0 "Reported" for WHAT?!? Getting screwed?? Woow!

[@oscargrainger2962]

Mr Jinping the people are revolting……… yeah they are horrible aren’t they.😅

[@AmsterdamEats]

Everyday I thank the universe I wasn't born in China

[@bloodlustshiva1]

No kidding.

[@kuotovjogg6752]

​@@bloodlustshiva1that's how we cheer up ourselves everyday

[@ED-209UHD]

I thank the lord I wasn’t born an American either!

[@lance8080]

@@ED-209UHD I’m glad you weren’t either 🇺🇸

[@Infernal_Elf]

Fantastic video keep it up guys :D

[@robertaurens5665]

AS dear old Klaus say " you will own nothing and be happy"

[@50papst70]

Put out of Kontext, he didnt ment that u cant own everything, he just meant, that u dont need to.

[@alchobum]

WEF is an entirely separate thing, definitely not communist, merely just as evil. Feudalism is their game.

[@TheSmartestManonEarth]

That shark thing is terrible

[@Nick-Lab]

Even here in Canada, you never buy a condo before it gets finished. You get a deal if u do but you almost always lose. They cheap out on materials or cut corners and you have to pay to get it fixed.

[@karensamuelson8746]

I guess our system works a little better. If we don't get results, we can go to the news & they usually help.

[@htomerif]

Probably be different if they had guns. Probably why other countries are getting rid of guns.

[@KitKitChanIsaac]

Imagine if China had guns. It'd be a real life GTA online server

[@mochalotte4702]

Even with guns it’s beyond that. The government possesses missiles, drones and all kinds of weapons that surpass even semi and fully automatic guns. Revolutions were easier back when it was more on par with swords and primitive guns that average people could produce and supply themselves. Surely they wouldn’t use nukes on their own land but that is the greatest power they possess, and their citizens can never come close to possessing that.

[@doonie5396]

I rented in HK in early 90s. Knew then I couldn't trust the buy market...

[@jaytravtulsa1]

I’d love to hear more translations of what the people are saying if possible.

[@CCootauco]

Wow what an advanced and beautiful country. So good!

[@DEPARTMENTOFREDUNDANCYDEPT]

And there are educated people in the West who claim to be communists and promote communism as a better way.

[@alchobum]

Infesting schools, colleges and universities throughout the West. It is a growing thing in part because people either have no idea it is happening or cannot believe such a thing is even possible.

[@pauldavis9387]

This house of cards can’t stand forever.

[@ScottRBrooks]

The Shark guy can only afford one shoe?

[@skiingfast1]

Create an enemy for the people or be the enemy of the people.

[@edwardfletcher7790]

This is why the CCP demonizes Japan...

[@jimclarence5441]

Sounds like US policy isn't it.

[@edwardfletcher7790]

@@jimclarence5441 No, it's the standard Dictator mode of operation.. Trump just follow the Dictator playbook because he's a wannabe...

[@SouthernGothicYT]

10:29 C-Milk's musical references always make me laugh

[@nr655321]

China: selfishness in, selfishness out.

[@fattiger6957]

A crash in the real estate market can lead to a crash in a country's whole economy. Just look at what precipitated the economic bubble bursting in Japan in 1990, which led to 35 years of economic stagnation (still going on today)

[@PatrickKingJr]

It happened to us to an extent in 2008 in the USA . Lots of people were bailed out and went to prison. Shit got rough in that recession

[@DK-gj5sp]

How about Lehman brothers overclever and cunning Yankee? How about sub prime fraud in uS . This evergrande is only 15% of Chinese economy.

[@stevebentley4516]

​@@PatrickKingJr nobody responsible went to prison

[@djentleman8116]

What a terrible situation. It really isn't fair at all to the people, and it's sad that they must beg after investing so much. edit: One question though. Why do most people lean towards investing in a new home to be built, versus investing in an existing vacant home?

[@Ivory0102]

Considered bad luck to buy a used home

[@danarcher3415]

Winston is rightfully angry.

[@RodrigoPalma700]

Ok, thanks.

[@Roonasaur]

How do those guys carrying him away not stop and think, "Shit, what if I'm next?"

[@manifestbliss88]

They are not allowed to think.

[@v8matey]

​@@manifestbliss88 just like KZbin with their forced censorship of free speech

[@Vagabond_Etranger]

Brainwashed fools, loving their government job. That's why I won't work for any government agencies, regardless how good the pay is.

[@Jaydaydesign]

They are thinking if if I do this they might leave me alone for a bit longer

[@kouwearie5302]

Proficiat aan de broers en zussen die ervan genoten hebben. Ik woon in Jogja, mijn schoonfamilie ligt in het water van de Merapin-rivier, Clay.

[@thienauau6368]

Rational and Wilful which is better

[@Michursky]

No surprises there

[@4362mont]

Stability Maimtenance Forces LOL

[@rayvanwayenburg998]

No matter what you think about China and the CCP - this is sad. People just wanted to buy places to live in. What a terrible political system to live under where there are no repercussions.

[@TheTruth-cg8vj]

When you lose everything, you lose it.

[@flamingchillum]

It is really, really bad... What happened ? All for money ?

[@fireborn]

First thing that the stability maintenance forces need to do to secure stability is to secure homes for the homeless people who lost money because of the stability decreasing activities of the home builders!

[@paulkroon4931]

At around 06:25 the woman on the end of the row has light yellowish stripes underneath her eyes. By any chance, is this to confuse automatic face detection?

[@Waverlyduli]

🎶 Without the Communist Party there would be no rotten tail China 🎵 沒有共产党就沒有烂尾中國

[@PatrickKingJr]

Absolutely terrible I feel bad for these folks I would just want to die if this happened to me . Unbelievable

[@DK-gj5sp]

This is all fake bs and these guys are crooks.

[@DK-gj5sp]

Worry about your next meal

[@JustAnotherINFJ]

@12:44 Can we coin the term "Copicle"?

[@goyoy6433]

Scamming is legal in China??

[@ED-209UHD]

The UK is going the same way!

[@thezone3946]

SHARKMAN!!!!!❤

[@WaltersStudent]

这是中国人的宿命，不推翻暴政永无出头之日

[@TurntBucket]

6:20 "getting things done" is not an aspect of authoritarian governments. Authoritarians can get what they greenlight done quickly by waiving all the normal regulations. But ultimately "getting things done" comes down to allowing projects to happen without over regulation. The problem with an authoritarian model, for this specific issue, is that the authorities decide what projects will get waived through and which will have to go through the normal process (and in authoritarian governments the normal process is typically more burdensome than in a "liberal" society). Central planning is worse than a distributed system. It's better to let everyone try and the best projects become successful and the market adapts. With central planning your better hope your authorities are fortune tellers. You cannot predict what will work and exactly why and when it will work. Central planning is terrible. The best model for "getting things done" is a free market model with very limited government interference. Almost the complete opposite of an authoritarian government. The complaints ppl have with business in the west is that it is over regulated. That is more authoritarian, not less. Regulations are authoritarian by nature (depending on the regulation ot may be reasonable, but it is still authorities forcing you to comply).

[@chrisakaschulbus4903]

Ah yes, those special forces sound like our "deeskalationsteams" in germany. Keeping protests safe and sound with a nice name.

[@kathyhallock2528]

My heart breaks for the people of China😢

[@DK-gj5sp]

Worry about your next meal spam bot.

[@AllSeeingHeart]

SMTs - Stability Maintenance Forces - Coming Soon to a Neighborhood Near You (in the West). lol. Strength! GODspeed!

[@krishurlburt7375]

A mega city just for entertainment and culture sounds like a good idea on paper.

[@maemorri]

At 3:20 they start talking about the empty houses in China. That's one of the things that is confusing me about the latest stimulus. The government is paying to have houses completed and lowering the cost of loans to try to spur more property investment and construction. But there are already tons of units without occupants or demand. Why not tear down some of those empty unfinished buildings, and give the money direct to the people instead.

[@edwardfletcher7790]

Because the Government officials get huge bribes from property developers...

[@robinburn4974]

The UK is following quickly

[@mightT1]

it'll be more effective if they replace houses to freedom and democracy... then they might get something more better than a house... a happy life.

[@jwlee9791]

you reap what you sow

[@FrostFire1987]

if you buy a flat/ house without it being built its your own fault for being stupid...ill buy a new car now but it wont be built for 3 years yet...fools

[@peterdevreter]

That was totally acceptable in communist eastern Europe 😂 A 10 year wait for a Trabant.

[@0therun1t21]

How can they keep getting away with this enormous crime? Are we or any other country or the U.N. or anyone ever going to help the Chinese? Is there any other outcome but total despair? Even with a better leader can any of this massive amount of waste be reversed or cleaned up? It's overwhelming.

[@edwardfletcher7790]

Do you really think the UN has any power over the CCP ??

[@exceedinglycurioable]

The beginning of so many people for the government to do the right thing is strange to me. Surprised the people remain peaceful

[@meowme7644]

12:10 😅😊👍🐈🐾🐾

[@kungdu]

A government that takes, takes and takes. Then expects a perfect economy.

[@maemorri]

The really sad thing about these demonstrations is that these people are still paying their mortgages. If they stop paying the government comes after you.

[@GunDarkSWC]

the really sad thing is that they have forgotten that 40 years ago while the rest of world was enjoing video games, movies, music, fast food, modern life....they were still milking cows. now they think they are BETTER? than us. JOKERS.

[@daft987]

Even if all these properties were built, why wouldn't they still lose everything? Do laws of supply and demand not apply in China? How do you sell property for a profit? Can you even beat inflation? It seems like a really bad investment. Am I missing something?

[@MrMasterSpam]

When is Beer, Haters Hour?

[@jussikankinen9409]

Why drink beer

[@mgtowbylogic5592]

Lols are those bike cops are riding around on 50 year old bikes?

[@Paranteza-m1w]

Are they shouting in english: we want our houses?

[@toyota420xp]

The fact is people shouldn't buy something until it's finished they can look at it

[@jussikankinen9409]

And is it done with magic, only slaves work for free, material cost...

[@rubenhayk5514]

there is enough men in stability forces to finish the construction

[@kylewilliams3031]

It’s crazy to think our ancestors rose up for less.

[@guillaumebartys4437]

Well, no home, no loan, it's just cristal-clear in my viewpoint. Why would they pay when they didn't even had their houses ??? You want to give me a bad number because i don't pay, be my guess !! Try to sell an unfinished house when i don't pay my loan, it will be funny

[@MK_ULTRA420]

That doesn't happen in America thanks to escrow companies.

[@jamesnixon1875]

I am sooooo happy i was born int the USA.

[@danhtran6401]

I keep hearing China has over a billion homes. Is it really a home without electric, sewage, and windows?....

[@alainsworth-sn4gk]

Why would they invest everything in one thing that could go bust.

[@Ivory0102]

There is no other investments

[@petedriftmeyer3867]

Free China

[@TheNicHoward]

The police drive VWs??

[@truth6242]

They did not invest in crypto I guess.

[@needmoreramsay]

I don't understand the Chinese police/peacekeepers, etc. Do THEY not have immediate family affected by this !?!? "Hey Bob, I arrested your niece last night !" "Really Tim ? I arrested your Uncle !!" Bill: "What a coincidence !! I arrested my cousin AND both of your brothers !!" ALL: "Hahaha, what a strange world. Well, let's get our gear on, looks like another busy day !"

[@needmoreramsay]

Bill: " Hey Tim, Bob, you guys want to work some overtime; this protest is going on for awhile yet and we could use your help !" Tim & Bob: "We can't, sorry Bill, we're meeting up for a protest across town; they've taken all of our life savings and left town with just a hole in the ground where our houses are supposed to be built; let's meet up afterwards for a couple of pints though !" Bill: "Oh I'm sure I'll be seeing you then !"

[@gutsglory3625]

Its like these people are just a bunch of mindless zombies.

[@alchobum]

Absolute loyalty to the state is drilled in from an early age. This is not exclusive to China of course.

[@TheSmartestManonEarth]

You got sharked! You got got... Etc.. Stupid not relevant

[@tenavrisen9279]

They're losing their minds

[@__unwavering]

I might be ugly, and poor, but at least I'm not both of these things while having to live in China.

[@alainsworth-sn4gk]

That can not be the first time that has happened in China. So why is it still happening.

[@bergfruehling]

China really did a capitalism speedrun within 30 years.

[@MK_ULTRA420]

They also completed every fascism sidequest. How efficient!

[@WackyIraqi777]

There was little to no capitalism involved...

[@Fr.VeniceLAI]

.opine ..the worse is yet to come...sadly for the ordinary Chinese people, until the complete dissolution of the CCP-Org Regime and its rules over the Chinese people happen, the current state of PRChina's failing economy and financial dire situation would continue and inevitably deteriorate down ..down, the best outcome would just be stagnated for decade(s) .. until the dissolution eventually occurs.

[@jeprii9217]

Uprise

[@Observer168]

习近平的反腐败努力初衷良好，并取得了显著成效。然而，单纯将中国当前的经济困境归咎于他是不公正的。习近平出身于一个活跃的政治家庭，这一背景塑造了他的领导风格和政策。 在中国历史上，腐败和贿赂文化长期以来削弱了治理，从秦朝到清朝，这一现象屡见不鲜。邓小平在20世纪末推行经济改革时，也遭遇了巨大的阻力，而这些改革则使中国逐步崛起为全球经济强国。 当前经济问题的根源在于长期存在的贿赂文化，导致数百亿的债务需要几十年才能解决。虽然习的紧缩措施带来了困难，但对于遏制不负责任的支出是必要的。腐败和贿赂的普遍现象严重损害了金融体系，影响了经济稳定。 尽管改革可能会带来痛苦，面对腐败和过度消费的现象已势在必行。香港的金融和房地产行业仍然强劲，其反腐败机构在打击金融犯罪方面积累了丰富经验，值得借鉴。充分利用香港的资源和专业知识，可能会显著改善中国的金融体系。 引入香港的外部审计团队可以提升中国金融系统的透明度和问责制，从而帮助建立一个稳定的经济环境。尽管在习近平的领导下推进这一工作面临复杂挑战，但这可能是实现金融体系现代化和稳定的重要一步。这种合作能够为中国经济带来更大的韧性和信任。

[@photosalbum7047]

Are you kidding me. 他的反腐只是打击他的政敌，他的政府一样的腐败。

[@MotokoOgawa]

They should have invested in themselves

[@denileriver]

rothschilds plaything and who was in charge of finance for Mao? Mao being a Frankfurt Frankfurt school graduate.

[@JosephineBovain]

🤔🤔🤔. Very interesting how ccp don't want create more enemy inside to outside ccp create themselves enemy for their People?

[@chuyeeyang9881]

If you're not getting paid, why work? If it was me, I would come in and sit down until I see them send my pay into my bank and then I will get off my ass and start working.

[@scarbo2229]

“China’s people”? That’s an odd way the say “Chinese.”

[@susiesuh1418]

Do Chinese only live in apartments? Where are the single family homes?

[@remyllebeau77]

Can Chinese not just store their wealth in gold? That would seem far safer.

[@jackuzi8252]

They can, and some do. Unfortunately, counterfeit gold is a problem--even when purchased from supposedly-reputable sources.

[@E4439Qv5]

​@@jackuzi8252Pyrite's Republic of China

[@remyllebeau77]

@@jackuzi8252 I see. Thank you for response.

[@scarbo2229]

Many do.

[@rickdalton1862]

I would never live in China

[@needmoreramsay]

You guys cover China pretty much exclusively but if you think about it, what country in the WORLD, what NATION is actually BETTER OFF than they were 5-10-20 years ago ?? ANY COUNTRY or NATION ?? Is there one of any of the G7, G20, UN, EU, ASIA PACIFIC ALLIANCE.... ANY nation or group of nations that are better off ? EVERYTHING is worse.

[@vectorm4]

C-Milk sounds like his voice is hoarse.

[@zane17760]

Is Sabbatical a shill?