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80 Milion Unemployed Chinese

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  • 80 Milion Unemployed Chinese

    Let them have the robots and Ai now.
    Uprisings will come in China before here then. Because the automation will bring joblessness and poverty imo.
    https://www.cnn.com/2020/05/08/econo...hnk/index.html
    80 million Chinese may already be out of work. 9 million more will soon be competing for jobs, too

  • #2
    Re: 80 Milion Unemployed Chinese

    Originally posted by slavenomore View Post
    Let them have the robots and Ai now.
    Uprisings will come in China before here then. Because the automation will bring joblessness and poverty imo.
    https://www.cnn.com/2020/05/08/econo...hnk/index.html
    This may be true.....but in a true Communist system they would still receive some sort of payment and health care..or are they going down the Capitalist road? Thing is Slave you know it..it doesn't matter if they are Capitalist or Communist....only thing that matters is if the West controls there Country (Banking and Financial systems) Russia is a enemy today and they are no longer Communist for example.....any Country that is independent of are system is consider a "Enemy of the State" (Iran, Russia, China, North Korea, Venezuela) just to name a few.

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    • #3
      Re: 80 Milion Unemployed Chinese

      Originally posted by Sayheykid View Post
      This may be true.....but in a true Communist system they would still receive some sort of payment and health care..or are they going down the Capitalist road? Thing is Slave you know it..it doesn't matter if they are Capitalist or Communist....only thing that matters is if the West controls there Country (Banking and Financial systems) Russia is a enemy today and they are no longer Communist for example.....any Country that is independent of are system is consider a "Enemy of the State" (Iran, Russia, China, North Korea, Venezuela) just to name a few.
      I agree that our bankers capitalist system is no good. They just squeeze the life out of everybody they can....making magic currency and making money renting it out and charging interest. Arrogance is their specialty.

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      • #4
        Re: 80 Milion Unemployed Chinese

        The Dow is up to a point that is totally unsustainable under the present conditions...Corporations are not making money right now,and that should be reflected in the DJI...BUT,the FED is PUMPING so much money into the market that it's 'single-handedly' supporting it...At some point in time,probably when the virus spikes for round 2,reality is going to bite the market and the fall will be abrupt and bloody...

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